Lawsuits and trials involving claims that talc in Johnson & Johnson’s baby powder caused cancer are ramping up again, with a new complaint filed on Tuesday on behalf of the National Council of Negro Women. The group accused the company
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BuzzFeed Is Going Public. What Now for Vice and Vox?
Not so long ago, when newspapers and magazines were going out of business all across the country, BuzzFeed and a few other fast-growing web publications seemed like the future of the news business. Investors poured billions into Vox Media, Vice
IMF predicts UK economic bounce-back this year to match resurgent US
Britain’s economy will grow faster than any major economy in Europe as it rebounds from the COVID-19 recession and emerges from lockdown, the International Monetary Fund (IMF) has predicted. In the latest update to its World Economic Outlook – its
UPS beats profit estimates on online delivery momentum
FILE PHOTO: The company logo for United Parcel Service (UPS), is displayed on a screen at the New York Stock Exchange (NYSE) in New York, U.S., October 22, 2019. REUTERS/Brendan McDermid/File Photo/File Photo(Reuters) -United Parcel Service Inc beat Wall Street
UPS revenue rises 14.5% as online shipments stay steady
FILE PHOTO: The company logo for United Parcel Service (UPS), is displayed on a screen at the New York Stock Exchange (NYSE) in New York, U.S., October 22, 2019. REUTERS/Brendan McDermid/File Photo/File Photo(Reuters) – United Parcel Service Inc posted a
China jitters drag Asian stocks to seven-month low
HONG KONG (Reuters) – Asia’s stocks fell to fresh seven-month troughs on Tuesday, led by a third straight session of heavy selling of Chinese internet giants, while bond and currency markets clung to tight ranges ahead of the Federal Reserve
Ready for blast-off? UBS highlights hot space stocks
Giant investment bank UBS says recent space launches by Sir Richard Branson and Jeff Bezos are just the beginning. By 2030, space tourism will be a US$4 billion per year business, according to a July 20 report compiled by 10
Fear of God Goes After Alleged Counterfeit Sites
Fear of God is taking aim at alleged counterfeit websites that it claims are deploying techniques to throw brands and enforcers off their trail. In a trademark and counterfeit suit filed this month in federal court in Illinois, the luxury
LVMH H1 Net Profit Up 62% Vs. 2019 as Fashion Sales Soar
PARIS – LVMH Moët Hennessy Louis Vuitton said net profit jumped 62 percent in the first half versus the same period in 2019, and was 10 times the level recorded last year at the height of the coronavirus pandemic. The
Property group Vonovia seen making fresh Deutsche Wohnen attempt
FRANKFURT (Reuters) -German real estate company Vonovia is expected to launch a fresh attempt to buy rival Deutsche Wohnen within weeks, having so far failed to secure sufficient shareholder backing, people close to the matter told Reuters.Slideshow ( 2 images