States Announce $26 Billion Settlement to Resolve Opioid Lawsuits
States unveiled a historic $26 billion settlement with drug companies to resolve thousands of opioid-crisis lawsuits, paving the way for...
general news
Coca-Cola Boosts Outlook as Sales Rebound
The beverage giant’s sales plummeted in 2020 when the Covid-19 pandemic closed dining and entertainment venues. The company’s revenue in...
Low-Income Lending Rules Set for Broad Overhaul
Top U.S. banking regulators on Tuesday said they would work jointly to modernize rules governing how banks lend hundreds of...
Ben & Jerry’s Decision to Stop Sales in West Bank Puts Unilever in Tough Spot
Unilever PLC was engulfed in controversy Tuesday after its ice cream brand Ben & Jerry’s said it would no longer...
Blue Origin Launch: Jeff Bezos and Crew Complete Successful Space Flight
VAN HORN, Texas— Jeff Bezos and three passengers reached the edge of space and safely returned Tuesday morning after a...
The World’s Biggest Miner Picks Profit Over Production
SYDNEY— BHP Group Ltd. BHP -2.74% ’s chief executive earlier this year reminded investors that mining companies that bet big...
$26 Billion Opioid Settlement Among States and Drug Industry Expected This Week
From 1999 to 2019, the nation lost nearly half a million people to overdoses of prescription and illegal opioids. Photo:...
Toyota Scraps Plans for Olympics Ads in Japan During Games
TOKYO— Toyota Motor Corp. TM -1.03% said Monday that it wouldn’t run advertisements in Japan connected to the Olympics during...
Ackman Drops SPAC Plan for Universal Deal
Hedge-fund billionaire William Ackman is dropping plans to use his SPAC to invest in Universal Music Group, saying the Securities...
Medicare Payment Collector Targets Asbestos Bankruptcy Trusts
A collection agent for Medicare service providers is suing one of the dozens of trusts established by bankrupt asbestos manufacturers...
Cities Try to Phase Out Gas Stoves—but Cooks Are Pushing Back
Gas-fired stoves are emerging as a burning issue as American cities consider phasing out natural-gas hookups to homes and businesses...
AMC Settles ‘Walking Dead’ Lawsuit for $200 Million
The complaint against AMC Networks regarding profits from the hit show ‘The Walking Dead’ was filed in 2013. Photo: Gene...
Mortgage-Refinancing Costs Expected to Fall as Fannie, Freddie Drop Fee
WASHINGTON—The cost of refinancing government-backed home loans is expected to fall as mortgage giants Fannie Mae and Freddie Mac are...
U.S. Warns Businesses Over Rising Risks in Hong Kong Under China Crackdown
WASHINGTON—The Biden administration is warning American businesses about the increasing risks of operating in Hong Kong as China’s tightening grip...
U.S. Retail Sales Rose in June
U.S. shoppers boosted retail spending in June as the economy more broadly reopened and auto dealers navigated supply disruptions. Retail...
Didi Faces a Cybersecurity Probe From Officials in China
Didi headquarters in Beijing earlier this year. Photo: Yan Cong/Bloomberg News Updated July 16, 2021 3:02 am ET SINGAPORE—China sent...
Cleveland Clinic, Mount Sinai and Providence Won’t Give Biogen’s New Alzheimer’s Drug
Three large hospitals are declining to administer Biogen Inc.’s BIIB -6.79% new Alzheimer’s treatment, Aduhelm, the latest rupture to emerge...
GM Tells Chevy Bolt Owners to Park It Outside After Two Car Fires
A 2019 Chevrolet Bolt electric vehicle at the North American International Auto Show in Detroit in 2019. Photo: rebecca cook/Reuters...
Powell Says Fed Still Expects Inflation to Ease
Federal Reserve Chairman Jerome Powell said the central bank wouldn’t hesitate to raise interest rates to keep inflation under control...
EU, China Unveil Sweeping Plans to Cut Greenhouse-Gas Emissions
The European Union and China announced sweeping plans to limit greenhouse-gas emissions that will increase costs for industry and consumers...
