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Business

J&J talc unit faces skepticism on bankruptcy settlement support

By Dietrich Knauth April 11 (Reuters) – A Johnson & Johnson JNJ.N company on Tuesday defended its second attempt to resolve talc lawsuits in bankruptcy,

Exxon Deal Hunt Signals Possible Shale M&A Wave
Business

Exxon Deal Hunt Signals Possible Shale M&A Wave

A transaction involving Pioneer Natural Resources would indicate that drillers are looking to put their large war chests of cash to work. Source link

Business

Fed to determine ‘what, if any’ more rate action is needed -Harker

Adds background and further comments April 11 (Reuters) – Philadelphia Federal Reserve Bank President Patrick Harker on Tuesday held the door open to the possibility

Next Wave of Remote Work Is About Outsourcing Jobs Overseas
Business

Next Wave of Remote Work Is About Outsourcing Jobs Overseas

The idea came to Johnny Taylor Jr. early last year, after one of his employees made a case that her technology position could be done

Business

Judge says Fox News has ‘credibility problem’ after Murdoch disclosure

By Tom Hals WILMINGTON, Delaware, April 11 (Reuters) – A judge said Fox News had a “credibility problem” as it prepares for a $1.6 billion

Glencore Tweaks Bid for Teck Resources to Allay Coal Concerns
Business

Glencore Revises Bid for Teck Resources to Allay Coal Concerns

The commodities company said it would add a cash component to its roughly $23-billion merger proposal for the Canadian miner, as it seeks to cinch

Business

Australian shares likely to open higher, NZ flat

April 12 (Reuters) – Australian shares were set to trade higher on Wednesday, likely boosted by mining and technology stocks, while U.S. inflation data is

Fed Official: ‘We Need to Be Cautious’ on Raising Rates After Bank Failures
Business

Fed Official: ‘We Need to Be Cautious’ on Raising Rates After Bank Failures

Potential fault lines surfaced on Tuesday over whether the Federal Reserve should proceed with interest rate increases next month as it studies the fallout from

Business

TREASURIES-U.S. yields rise in choppy session ahead of inflation data

By Gertrude Chavez-Dreyfuss NEW YORK, April 11 (Reuters) – U.S. Treasury yields crawled higher in mostly uneven trading on Tuesday, with no real conviction in

Ernst & Young Halts Breakup Plan
Business

Ernst & Young Halts Breakup Plan After Revolt by U.S. Leaders

Markets Finance EY spent more than $100 million on split between auditing, consulting business Source link