Markets

An Oklahoma judge on Friday said Johnson & Johnson only needs to pay US$465 million of the US$572 million he previously concluded it owed the state for fueling the opioid epidemic through deceptive painkiller marketing.

The U.S. Federal Reserve on Friday flagged high levels of corporate debt, the impact of an extended period of low global interest rates, and emerging "stablecoin" cryptocurrency proposals as potential risks to the financial system.

U.S. Federal Aviation Administrator Steve Dickson told his team to "take whatever time is needed" in their review of Boeing Co's 737 MAX, reiterating that the path to approval is "not guided by a calendar or schedule," according to a Nov. 14 memo reviewed by Reuters.

U.S. retail sales rebounded moderately in October although consumers did cut back on purchases of big-ticket household items like furniture and discretionary spending, which could temper expectations for a strong holiday shopping season.

The U.S. Supreme Court on Friday agreed to hear Google's bid to escape Oracle Corp's multi-billion dollar lawsuit accusing Google of infringing software copyrights to build the Android operating system that runs most of the world's smartphones.

Twitter Inc on Friday laid out its plan for banning political ads just as campaigns for the 2020 presidential election heat up, and for banning ads that advocate for a certain outcome on social and political causes.

TORONTO: Alphabet's Sidewalk Labs has provided more details on the technology it intends to use to develop a futuristic smart city in Toronto, which includes self-driving garbage cans and infra-red sensors to track foot traffic in stores, a document released by the company on Friday said. Alphabet ...

NEW YORK: The strength of the U.S. consumer has been often cited as a pillar of the economy and one of the reasons the S&P 500 has recently scaled new heights, but consumer discretionary stocks have skipped the party for several months. The S&P consumer discretionary sector hit a...

NEW YORK: The U.S. government will strictly enforce a rule that requires cryptocurrency firms engaged in money service businesses such as digital asset exchanges and wallet service providers to share information about their customers, Kenneth Blanco, director of the Financial Crimes Enforcement ...

WeWork is facing scrutiny from the U.S. Securities and Exchange Commission over whether the company violated financial rules in the run-up to its canceled initial public offering, Bloomberg reported on Friday, citing two people with knowledge of the matter.