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J&J says new tests find no asbestos in same baby power bottle that sparked recall

Johnson & Johnson said on Tuesday that 15 new tests found no asbestos in a bottle of baby powder that the U.S. Food and Drug Administration previously said had tested positive for trace amounts of asbestos.



5 years ago

Fiat Chrysler, Peugeot owner PSA in talks to combine: source

Fiat Chrysler and Peugeot owner PSA are in talks to combine in a deal that could create a $50 billion automaker, a source familiar with the matter said on Tuesday.



5 years ago

Wall St dips after S&P notches record, Fed on deck

The S&P 500 edged lower to snap a four-session win streak on Tuesday and it retreated from a record high as investors grappled with a flood of earnings and the latest update on a potential trade deal between the U.S. and China.



5 years ago

Study says 630 million could be living below projected flood levels by 2100

A new study from Climate Central says that by the end of the century 630 million people could live on land threatened by floods.

5 years ago

Mattel revenue beats on Barbie dolls, BTS K-pop band toys

Mattel Inc reported a surprise jump in quarterly revenue on Tuesday as newer models energized demand for its flagship Barbie brand, while the launch of dolls based on Korean pop-sensation BTS lifted international sales.



5 years ago

Amgen third-quarter revenue falls 3%, biosimilar sales rise

Amgen Inc on Tuesday said competition for older off-patent drugs sent third-quarter revenue down 3%, but share repurchases and biosimilar sales helped it achieve higher-than-expected profit, and the company raised its full-year outlook.



5 years ago

WhatsApp sues Israel's NSO for allegedly helping spies hack phones around the world

WhatsApp sued Israeli surveillance firm NSO Group on Tuesday, accusing it of helping government spies break into the phones of roughly 1,400 users across four continents in a hacking spree whose targets included diplomats, political dissidents, journalists and senior government officials.



5 years ago

NCAA board votes to let student athletes endorse brands, accept sponsors

U.S. college athletes can profit from brand sponsorships and endorsement deals under a new rule approved on Tuesday by the governing board of the NCAA, the organization that regulates U.S. collegiate sports.



5 years ago

Ex-FDA chief Gottlieb sees investment opportunity in 'unloved' antibiotics

As a private investor, former U.S. Food and Drug Administration Commissioner Scott Gottlieb is focused on an area where few have found success in recent years: developing new antibiotics.



5 years ago

SEC probes AIG unit that sells retirement plans to teachers: WSJ

The U.S. Securities and Exchange Commission is probing sales and disclosure practices at Valic, a unit of U.S. insurer American International Group Inc , the Wall Street Journal reported on Tuesday, citing sources familiar with the matter.



5 years ago

Global stocks falter, dollar slips on potential U.S.-China trade delay

Global stocks faltered on Tuesday as strong earnings from U.S. drugmakers Merck and Pfizer and expectations the Federal Reserve will cut rates was offset by a potential delay in a U.S.-China trade deal, which clouded sentiment and weakened the dollar.



5 years ago

Barbie, K-pop's BTS power Mattel's surprise revenue rise; shares jump

Mattel Inc reported a surprise jump in quarterly revenue on Tuesday as newer models energized demand for its flagship Barbie brand, while the launch of dolls based on Korean pop-sensation BTS lifted international sales.



5 years ago

Mercedes recalls some EQC electric cars due to potentially faulty bolt

Daimler is recalling some new Mercedes-Benz EQC electric cars because of a potentially defective bolt in the differential, the company said on Tuesday.



5 years ago

Amgen posts higher biosimilar sales, ends neuroscience program

Amgen Inc on Tuesday said competition for its older drugs sent third-quarter revenue down 3%, but biosimilar sales were strong and the quarterly results were ahead of Wall Street estimates.



5 years ago

J&J says new tests find no asbestos in same baby powder bottle that sparked recall

Johnson & Johnson said on Tuesday that 15 new tests found no asbestos in a bottle of baby powder that the U.S. Food and Drug Administration says tested positive for trace amounts of asbestos, a finding the agency stands by.



5 years ago