Three major U.S. retailers, including Walmart, are removing all 22-ounce bottles of Johnson & Johnson's baby powder from their stores, following the healthcare conglomerate's recall last week of some bottles due to possible asbestos contamination.
Intel Corp on Thursday beat Wall Street estimates for third-quarter revenue and profit and raised its full-year revenue forecast, powered by sales to data centers and easing concerns about slowing demand during the U.S.-China trade war.
Citigroup Inc has promoted Jane Fraser to head of its global consumer bank and president, putting her in a position eventually to become the next chief executive.
Albemarle Corp , the world's largest lithium producer, on Thursday cut its sales and profit forecasts for the year, hit by a continued slump in prices for the white metal, sending its shares down nearly 7% in extended trading.
The Federal Trade Commission staff reviewing Roche's plan to buy U.S.-based gene therapy specialist Spark Therapeutics for $4.3 billion recommended that the deal be approved without requiring any asset sales, the Capitol Forum reported on Thursday.
Massachusetts sued Exxon Mobil Corp on Thursday, accusing the oil giant of misleading investors and consumers for decades about the role fossil fuels play in climate change.
Walmart Inc has removed and blocked sales of Johnson & Johnson's 22-ounce baby powder bottles from its stores, CNBC reported on Thursday, making it the third large retailer to pull the product.
Amazon.com Inc's chief financial officer on Thursday said costs for its one-day shipping program will spike to around $1.5 billion during the holiday season as the online retailer speeds up free delivery to woo shoppers and fend off rivals like Walmart Inc and Target Corp.
HSBC Holdings Plc and Standard Chartered Plc are set to show early signs of strain from anti-government protests in Hong Kong, the single-biggest profit center for the two banks, when they report quarterly earnings next week.
The United States on Thursday temporarily blocked a creditor seizure of Citgo, a win for political leaders in Venezuela struggling to retain control over the U.S. refiner owned by the chaotic South American nation.
Indonesia has recommended closer scrutiny of automated control systems, better design of flight deck alerts and accounting for a more diverse pilot population in the wake of a Boeing Co 737 MAX crash, the Seattle Times reported http://bit.ly/2WbsSYR.
SoftBank Group Corp is poised to write down at least $5 billion to account for a sharp drop in the value of some of its biggest holdings including WeWork and Uber Technologies Inc , Bloomberg reported.
United Auto Workers (UAW) suspended a two-week-long strike after reaching a tentative deal with Volvo's Mack Trucks on Thursday, both parties said.
Samsung Group heir Jay Y. Lee appeared at a Seoul courtroom on Friday for the start of a bribery trial that could result in a tougher sentence after South Korea's top court ordered a review of his graft case.
Oil prices stepped back on Friday after three straight days of gains, hurt by renewed concerns about fuel demand in light of gloomy economic growth forecasts.