J&J sues in latest bid to halt Medicare drug price negotiations
(Reuters) -Johnson & Johnson sued the U.S. government on Tuesday, becoming the latest drugmaker seeking to block a program that…
Business
Dollar bounces from 15-month low on strong core U.S. retail sales
By Karen Brettell NEW YORK (Reuters) – The U.S. dollar rose from a 15-month low against a basket of currencies…
Oil prices up on expected economic support in China, weaker US output
By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed more than 1% on Tuesday after China said it will act…
Lockheed Martin raises full-year forecast on strong weapons demand
By Pratyush Thakur and Mike Stone (Reuters) -U.S. weapons maker Lockheed Martin on Tuesday raised its annual profit and sales…
FTC, U.S. regulators crack down on illegal robocalls, telemarketing
By Jonathan Stempel (Reuters) -U.S. regulators on Tuesday announced a nationwide crackdown to stop companies from inundating people with billions…
Taco Bell wins ‘Taco Tuesday’ trademark dispute with rival chain
By Blake Brittain (Reuters) – Yum Brands’ Taco Bell prevailed on Tuesday in its self-described bid to “liberate” the phrase…
US retail sales rise moderately; economy plodding along
By Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales rose less than expected in June as receipts at service stations…
Microsoft to charge more for AI in office, secure Bing from leaks
By Jeffrey Dastin (Reuters) – Microsoft on Tuesday said it would charge at least 53% more to access new artificial…
Republican lawmakers urge FTC to drop fight against Microsoft deal for Activision
WASHINGTON (Reuters) – Twenty-two Republican lawmakers urged the Federal Trade Commission to drop its fight against Microsoft’s deal to buy…
Gucci CEO Bizzarri to exit; Kering names group veteran to run transition
By Mimosa Spencer (Reuters) -Kering has named managing director Jean-Francois Palus as Gucci’s new CEO and president for a transitional…