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Twitter says user data meant for security purposes may have been used for advertising

Twitter Inc said on Tuesday email addresses and phone numbers uploaded by users to meet its security requirements may have been 'inadvertently' used for advertising purposes.



4 years ago

Jury says J&J must pay $8 billion in case over male breast growth linked to Risperdal

Johnson & Johnson must pay $8 billion in punitive damages to a man who previously won $680,000 over his claims that it failed to warn that young men using its antipsychotic drug Risperdal could grow breasts, a Philadelphia jury said on Tuesday.



4 years ago

Fed's Powell says U.S. expansion is 'sustainable'

Federal Reserve chairman Jerome Powell on Tuesday flagged openness to further rate cuts to fend off global economic risks, repeating that the central bank will act "as appropriate" amid an economy that he said is likely to continue to expand.



4 years ago

Levi Strauss profit hit by weakness in wholesale business in Americas

Levi Strauss & Co reported a 4% drop in third-quarter profit on Tuesday, as the denim apparel maker struggled to grow its wholesale business in its highest revenue-generating market, the Americas.



4 years ago

Arm Holdings still aiming for 2023 return to public markets, CEO says

Arm Holdings, the semiconductor technology firm owned by Softbank Group Corp , still plans to return to the public markets by 2023, its chief executive said on Tuesday.



4 years ago

Productivity stagnant despite global stimulus: WEF

Economies around the world have failed to boost productivity levels despite $10 trillion of central bank stimulus unleashed since the global financial crisis of a decade ago, according to the Geneva-based World Economic Forum (WEF) think tank.



4 years ago

Renault to start search for new CEO: Le Figaro

The chairman of the French carmaker Renault will propose to its board of directors to find a successor to current Chief Executive Thierry Bollore, business daily Le Figaro reported on Tuesday, citing sources.



4 years ago

Boeing gets first 737 MAX order in months; deliveries halve

Boeing Co secured the first converted order in months for one of its grounded 737 MAX planes, company data for September showed on Tuesday, as it reported that total deliveries for the first nine months of 2019 had almost halved from a year earlier.



4 years ago

Goldman evaluating role in China's Megvii IPO after U.S. blacklist

Goldman Sachs Group Inc said on Tuesday it was reviewing its involvement in Megvii Technology Ltd's planned initial public offering (IPO) after the U.S. government placed the Chinese artificial intelligence firm on a human rights blacklist.



4 years ago

Asian stocks fall by the most in a week as U.S.-China standoff escalates

Asian stocks fell the most in a week on Wednesday as the United States and China's ever-expanding dispute over trade and foreign policy showed little sign of coming to an end, weighing on global economic growth.



4 years ago

U.S. senators call for probe of Brazilian meatpacker JBS

Two U.S. senators called on the U.S. Treasury on Tuesday to open an investigation into the world's largest meat processing company, Brazil's JBS S.A. , due to alleged ties with the Venezuelan government of leftist President Nicolas Maduro.



4 years ago

California wildfire risk prompts planned mass cutoff of PG&E power

Nearly 800,000 California homes and businesses can expect to lose electricity for up to several days from Wednesday, in a planned PG&E power shutdown of unprecedented scale due to heightened wildfire risks from high winds, the utility said.



4 years ago

Asian stocks swoon on signs of prolonged U.S.-China standoff

Asian stocks fell the most in a week on Wednesday as the United States and China's broadening dispute over trade and foreign policy showed little sign of coming to an end, weighing on global economic growth.



4 years ago

UAW union pushes GM to boost U.S. auto production

The United Auto Workers (UAW) union's top negotiator in talks with General Motors Co (GM) to resolve a more than three-week strike said late Tuesday a key issue separating the two sides is job security.



4 years ago

Oil prices extend slide to third straight day, U.S.-China trade doubts grow

Oil prices slipped for a third consecutive session on Wednesday as the prospect of the United States and China striking a trade deal in talks this week dimmed, raising uncertainties for global economic growth and oil demand.



4 years ago