BOSTON/JERUSALEM (Reuters) – Teva Pharmaceutical Industries said on Sunday it had agreed an $85 million settlement with the state of Oklahoma days before the company was set to face trial over allegations that it and other drugmakers helped to fuel the U.S. opioid epidemic. Teva, the world’s largest generic drugmaker, said the settlement “does not […]
Shannon Purdy started cooking when she was 11 years old, by 12 she was helping mum out in the kitchen with family meals but it was only a couple of months ago that the family noticed the effect it had on the bills, too. Because it turns out the teenager from Darlington, County Durham, isn't […]
(Reuters) – United Airlines said on Friday it had started a management overhaul at Colombia’s Avianca Holdings, removing top shareholder German Efromovich from controlling the cash-strapped airline. The move follows a default by Efromovich’s holding company BRW Aviation on a $456 million loan United had made as part of a proposed three-way partnership with Avianca […]
(Reuters) – U.S. stocks gained on Friday, ahead of a long Memorial day weekend, as investors breathed a sigh of relief after President Donald Trump indicated that the protracted trade war with China could end soon. Trump said on Thursday that Huawei Technologies Co Ltd could be included in the trade deal. However, no high-level […]
HELSINKI (Reuters) – Finnish tire maker Nokian Tyres expects its new U.S. factory in Tennessee to help it double its sales in North America, especially by expanding its all-season tire sales in the region, the company said on Thursday. The company, which has previously concentrated mostly on winter tire sales in Russia and Europe, said […]
If you’re surprised that the issue of reparations for black Americans has taken so long to resolve, blame the president. President Andrew Johnson. As the Civil War wound down in 1865, Gen. William T. Sherman made the promise that would come to be known as “40 acres and a mule” — redistributing a huge tract […]
WASHINGTON (Reuters) – Honda Motor Co said on Wednesday it is recalling 137,000 new sport utility vehicles (SUVs) following reports of three injuries tied to sudden air bag deployments in the United States. The Japanese-based automaker said it is recalling the 2019 CR-V to replace steering wheel wire harnesses and supplemental restraint system cable reels […]
Federal Reserve officials were in no rush to change interest rates as of their last meeting, even if the economy continued to strengthen, and some were worried about persistently low inflation, minutes from their April 30 to May 1 policy meeting show. Inflation eased to 1.6 percent annually in March, well below the Fed’s goal […]
Tens of thousands of current and former partners of members of the armed forces could be missing out on National Insurance credits worth £250 a year. The good news is that, as long as you're under 65, you can claim them back for any of the past 44 years. This applies even if the relationship […]
LONDON (Reuters) – British chip designer ARM has halted relations with Huawei [HWT.L] in order to comply with a United States blockade of the company, potentially crippling the Chinese company’s ability to make new chips for its future smartphones. Huawei, in common with Apple and chipmakers such as Qualcomm, uses ARM blueprints to design the […]