Sanofi’s sleeping pill Ambien has a long list of potential side effects, from dizziness to diarrhea to a midnight food binge. Racism is not among them, the French drugmaker said on Wednesday. Sanofi responded after Roseanne Barr blamed “Ambien tweeting” for a racial slur against former Obama administration adviser Valerie Jarrett. …read more […]
President Trump promised that the tax cuts passed last year would boost business spending. So far, that hasn’t happened. …read more […]
(Reuters) – Wall Street rose on Wednesday, with gains in energy and banking stocks fueling the recovery from a steep selloff driven by Italy’s political crisis.
Qualcomm lawyers were expected to meet this week in Beijing with China’s antitrust regulators in a final push to secure clearance, three sources told Reuters on Sunday. The meeting was expected before U.S. Commerce Secretary Wilbur Ross arrived in China on Saturday, the sources briefed on Qualcomm’s discussions had said. …read more […]
(Reuters) – U.S. stocks opened higher on Wednesday, rebounding from a steep selloff in the previous session on worries about a political crisis in Italy.
President Donald Trump said he wishes he’d never selected former U.S. Senator Jeff Sessions as his attorney general so that he could have picked someone else to oversee the probe of Russian meddling in the 2016 presidential election. In a series of tweets on Wednesday, Trump quoted an appearance by Representative Trey Gowdy in which he criticized Sessions for recusing himself from the probe and said Trump had many other options as his top law enforcement officer. “There are lots of really good lawyers in the country, he could have picked somebody else!” Gowdy said. …read more […]
(Reuters) – U.S. stocks were set to open higher on Wednesday, indicating a rebound from the steep selloff driven by a political crisis in Italy that had pushed the S&P 500 and the Dow Industrials to their worst day in a month.
(Reuters) – Shares of NXP Semiconductors NV fell 5 percent on Wednesday after China’s latest warning against U.S. trade threats dulled hopes of an early approval by Beijing for Qualcomm’s $44 billion acquisition of the chipmaker.
WASHINGTON (Reuters) – U.S. economic growth slowed slightly more than initially thought in the first quarter amid downward revisions to inventory investment and consumer spending, but a robust labor market and income tax cuts are likely to boost activity this year.
FRANKFURT (Reuters) – Uniper’s supervisory board on Wednesday urged shareholders to reject a motion by activist investor Elliott to launch a probe into whether management sought to block the sale of a major stake to Fortum , in a deal it opposes.
BERLIN (Reuters) – Adidas can declare itself the winner over arch rival Nike in the upcoming soccer World Cup even before the first match kicks off as it is kitting out the most teams.
(Reuters) – U.S. economic growth slowed slightly more than initially thought in the first quarter amid downward revisions to inventory investment and consumer spending, but income tax cuts are likely to boost activity this year.
(Reuters) – Twenty-First Century Fox Inc will hold a special meeting on July 10th for its stockholders to vote on a proposed merger with Walt Disney Co , the company said on Wednesday.
SINGAPORE/KUALA LUMPUR (Reuters) – AirAsia Group Bhd shares plunged on Wednesday after federal police in India filed a case against the airline accusing it of corruption – a probe that threatens to delay its India unit’s IPO plans and international expansion.
(Reuters) – U.S. stock index futures rose on Wednesday, suggesting a respite from a steep selloff that had pushed the S&P and the Dow Jones Industrial Average to their worst day in a month due to a political crisis in Italy.
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