Chevron CEO Watson to step down, Wirth likely successor Chevron CEO Watson to step down, Wirth likely successor: Chevron Corp Chief Executive John Watson will step down by the end of next month and likely be replaced by Vice Chairman Mike Wirth, a source familiar with the matter told Reuters […]
Massive California verdict expands J&J’s talc battlefield Massive California verdict expands J&J’s talc battlefield: A massive California verdict in a lawsuit alleging Johnson & Johnson’s (JNJ.N) talc-based products cause cancer has opened a new front in the litigation, upending the company’s hopes that the cases were only gaining traction in […]
As tax debate heats up, Republicans tweak business interest plan As tax debate heats up, Republicans tweak business interest plan: Congressional Republicans, seeking to address the complaints of small businesses, are floating changes to their controversial proposal to eliminate business tax deductions for debt interest payments, business lobbyists said on […]
U.S. funds get tougher on climate and diversity, but not CEO pay U.S. funds get tougher on climate and diversity, but not CEO pay: Even as top U.S. asset managers BlackRock Inc and State Street Corp pressed companies on climate and diversity issues this year, they made few waves on […]
Hedge fund manager Dalio cuts risk amid worries about Washington Hedge fund manager Dalio cuts risk amid worries about Washington: Billionaire investor Ray Dalio, who has been expressing concerns about President Donald Trump in recent months, said on Monday he was cutting some of his exposure during a time of […]
Oil prices fall two percent after end-of-week rally Oil prices fall two percent after end-of-week rally: Oil prices fell nearly 2 percent ahead of monthly contract expiration on Monday, pulling back from last week’s rally built on signs the global market is starting to rebalance from chronic oversupply. Brent crude […]
J&J ordered to pay $417 million in trial over talc cancer risks J&J ordered to pay $417 million in trial over talc cancer risks: A California jury on Monday ordered Johnson & Johnson to pay $417 million to a woman who claimed she developed ovarian cancer after using the company’s […]
Summer rumblings could herald a stormy fall for U.S. stocks Summer rumblings could herald a stormy fall for U.S. stocks: The Trump-fed rally in stocks, lately showing signs of faltering as the long Wall Street summer nears its end, faces a key test in the weeks ahead with the approach […]
Stability concerns focus d of Yellen speech Stability concerns focus at Fed ahead of Yellen speech: The stock market’s steady rise, still low long-term bond yields and a sagging doat Fed aheallar are girding the Fed’s intent to raise interest rates again this year despite concerns about weak inflation, according […]
European shares fall, Barcelona attack weakens travel stocks European shares fall, Barcelona attack weakens travel stocks: European travel stocks fell sharply on Friday after the van attack in tourist hotspot Barcelona. Investors were also increasingly concerned about the stability of the Trump administration. As a global share sell-off spread, the […]
