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Ford stock has biggest daily drop since 2011 after inflation warning

The Ford logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany. REUTERS/Wolfgang RattayRegister now for FREE unlimited access to Reuters.comRegisterSept 20 (Reuters) – Ford Motor Co’s (F.N) stock tumbled over 12% on Tuesday in its deepest one-day decline in over a decade after the automaker said inflation-related costs would be $1 …

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Cancer victims urge court to end J&J bankruptcy roadblock to lawsuits

Register now for FREE unlimited access to Reuters.comRegisterSept 19 (Reuters) – People suing Johnson & Johnson over the company’s talc products urged an appeals court on Monday to revive their claims, saying the profitable company should not be allowed to use a bankrupt subsidiary to block lawsuits alleging the products cause cancer.They asked a panel …

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Wall Street ends choppy session higher with focus firmly on Fed

Register now for FREE unlimited access to Reuters.comRegisterAll eyes on Fed policy decision on WednesdayTraders price in small chance of 100 bps rate hikeTake Two’s GTA VI gameplay footage leaked onlineKnowbe4 jumps on take-private offerIndexes up: Dow 0.64%, S&P 0.69%, Nasdaq 0.76%Sept 19 (Reuters) – Wall Street’s main indexes ended a seesaw session higher on …

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Oil prices drop amid China COVID curbs, possible rate hikes

An oil pump of IPC Petroleum France is seen at sunset outside Soudron, near Reims, France, August 24, 2022. REUTERS/Pascal Rossignol/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterSINGAPORE, Sept 12 (Reuters) – Oil prices fell on Monday with the global fuel demand outlook overshadowed by COVID-19 restrictions in China and the potential for further …

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EU to claw back energy firms’ profits rather than cap Russian gas price

Register now for FREE unlimited access to Reuters.comRegisterEU countries ask bloc to propose windfall revenue capMinisters also request EU proposal on gas price capCountries resist EU proposal to cap Russian gas priceBRUSSELS, Sept 9 (Reuters) – EU energy ministers on Friday tasked the European Commission to press ahead with a cap on the revenues of …

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Italy’s costs to import energy will double to 100 billion euros

Register now for FREE unlimited access to Reuters.comRegisterCERNOBBIO, Italy, Sept 3 (Reuters) – Italy’s net energy import costs are set to more than double this year to nearly 100 billion euros ($99.5 billion), the economy minister said, warning Rome could not spend indefinitely to cushion the blow on the economy.Italy relies on imports for three-quarters …

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3M combat earplug lawsuits to proceed, judge rules, despite bankruptcy case

The logo of Down Jones Industrial Average stock market index listed company 3M is shown in Irvine, California April 13, 2016. REUTERS/Mike Blake Register now for FREE unlimited access to Reuters.comRegisterAug 26 (Reuters) – 3M Co must face more than 230,000 lawsuits accusing it of selling defective earplugs to the U.S. military, after a U.S. …

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Wendy’s customers fall ill, CDC probes E.coli outbreak in four states

A general view of the U.S. Centers for Disease Control and Prevention (CDC) headquarters in Atlanta, Georgia September 30, 2014. REUTERS/Tami Chappell/Register now for FREE unlimited access to Reuters.comRegisterAug 19 (Reuters) – The U.S. Centers for Disease Control and Prevention said it is probing an E.coli bacteria outbreak in four states from an unknown food …

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