(Reuters) – OxyContin maker Purdue Pharma LP and members of the wealthy Sackler family that own the company have reached…
Category: Company News
Stock futures higher | New Apple services | McDonald's $300 million deal
U.S. stock futures were higher this morning as investors focus on what the bond market is signaling about the economy.…
Wall Street calls Apple event a dud: 'Expect the focus to return to the slowing iPhone business'
Apple unveiled several new services at a press event on Monday and analysts were left with more questions than answers.…
Trump tariffs costing US consumers $1.4 billion per month, study shows
The Trump administration’s trade policies and tariffs reduced U.S. income at a rate of $1.4 billion per month by the…
Uber announces $3.1 billion deal to buy Middle East rival Careem
Uber has reached a deal to acquire ride-hailing competitor Careem for $3.1 billion, the companies announced Tuesday. Dubai-based Careem, founded…
Russia's nuclear-armed underwater drone may be ready for war in eight years
WASHINGTON – An underwater drone armed with a nuclear warhead is slated to join Russia’s arsenal no earlier than 2027,…
Apple's big services announcement was strangely lacking in critical details
Apple CEO Tim Cook began Monday’s highly anticipated event at the Steve Jobs Theater by defining the word “services.” The…
Trump turns to trade fights with Congress, China and Europe now that the Mueller probe is done
President Donald Trump will throw himself fully into his battle to overhaul U.S. trade deals this week with special counsel…
Michael Avenatti arrested for alleged $20M extortion plot against Nike, embezzling client's money
Celebrity lawyer Michael Avenatti was arrested Monday in New York City on charges of trying to extort up to $25…
Avenatti arrested for alleged $20 million extortion plot against Nike, embezzling client's money
Celebrity lawyer Michael Avenatti was arrested Monday in New York City on charges of trying to extort up to $25…