Consumer goods makers flex pricing power in second quarter
By Richa Naidu and Chandini Monnappa (Reuters) -Consumer products giants including Unilever, Coca-Cola and Reckitt have shown they can raise…
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Drugmaker Mallinckrodt in talks with hedge funds to avoid opioid settlements – WSJ
(Reuters) – Drugmaker Mallinckrodt is talking to hedge funds about filing for bankruptcy and avoiding payments intended to help people…
Top of New York City crane crashes into street, injuring six
NEW YORK (Reuters) -Six people were injured in New York on Wednesday when the top portion of a construction crane…
AI industry leaders create forum to build powerful tech safely
(Reuters) -OpenAI, Microsoft, Alphabet’s Google and Anthropic are launching a forum to support safe and responsible development of large machine-learning…
Boeing boosts monthly 737 production as results beat estimates
By Valerie Insinna and Abhijith Ganapavaram (Reuters) -Boeing is lifting production of its bestselling 737 narrow-body jet, but executives said…
Dish Network partners with Amazon to offer wireless services
(Reuters) -Dish Network said on Wednesday its unit Boost Infinite had partnered with Amazon.com to sell postpaid wireless plans through…
US banks may take up to 4 years to set aside profits for new capital rules
By Tatiana Bautzer and Pete Schroeder NEW YORK (Reuters) – U.S. banking giants may take up to four years to…
Tearful Kevin Spacey ‘humbled’ by acquittal on all sex charges in London trial
By Sam Tobin and Michael Holden LONDON (Reuters) – A tearful Kevin Spacey said he was “humbled” after a jury…
Factbox-Key moves in Canada PM Trudeau’s cabinet shuffle
OTTAWA (Reuters) – Canadian Prime Minister Justin Trudeau shuffled his cabinet on Wednesday, appointing new heads at 30 of the…
Visa discloses further demands from US DoJ over ongoing anti-trust probe
(Reuters) – Visa disclosed on Wednesday it had received demands from the U.S. Department of Justice for additional documents and…