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.
NEW YORK: Wall Street stumbled and slid into the red on Tuesday (Oct 29) as investors retreated before the Federal Reserve's interest rate decision on Wednesday. The decline came in a choppy day of trading as markets digested the latest batch of earnings results, including blue-chip stocks like ...
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.
Murray Energy Corp, one of the largest privately-held U.S. coal miners, whose founder is an outspoken supporter of President Donald Trump, became the latest in a string of coal companies to file for bankruptcy on Tuesday as generators shift to cleaner-burning natural gas and renewable energy.
Uber Technologies Inc said it would not share real-time location data of its electric bike riders with the city of Los Angeles, saying it would violate their privacy.
Sony Corp said on Tuesday it would shut down its cloud-based TV service PlayStation Vue in January, citing competition.
Facebook Inc on Tuesday sued Israeli cyber surveillance firm NSO Group, alleging it hacked users of messaging platform WhatsApp earlier this year.
Stelia Aerospace, owned by European planemaker Airbus , will open a 40 million euro (US$44 million) assembly plant near Porto in Portugal, creating 240 jobs, company and government officials said on Tuesday.
Top shipping, retail and transport companies are looking to develop an alternative marine fuel which aims to reduce carbon emissions from ships, in another step to push the sector to go green.
LONDON: The pound recovered on Tuesday (Oct 29) against the dollar and euro as Prime Minister Boris Johnson looked set to secure a general election before Christmas that might break the Brexit deadlock. Traders also followed a meeting of the US Federal Reserve that was expected to end with the...