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Special Report: J&J knew for decades that asbestos lurked in its Baby Powder

News - Fri, 12/14/2018 - 16:00
Darlene Coker knew she was dying. She just wanted to know why.

J&J kept a guiding hand on talc safety research

News - Fri, 12/14/2018 - 16:00
Johnson & Johnson developed a strategy in the 1970s to deal with a growing volume of research showing that talc miners had elevated rates of lung disease and cancer: Promote the positive, challenge the negative.

Republican Wisconsin governor curbs incoming Democrat's power

News - Fri, 12/14/2018 - 15:59
Outgoing Wisconsin Republican Governor Scott Walker on Friday signed a package of legislation aimed at weakening the powers of his newly elected Democratic successor, dismissing critics who called the move a last-minute partisan power grab.

Justice Dept. has spent $25.2 million on Russia probe through September

News - Fri, 12/14/2018 - 15:52
The U.S. Justice Department has spent a total of $25.2 million on Special Counsel Robert Mueller's investigation into whether President Donald Trump's campaign colluded with Russia from its start in May 2017 through September 2018, according to the latest public data released on Friday.

Venezuela's last anti-Maduro newspaper publishes final print edition

News - Fri, 12/14/2018 - 15:47
Venezuela's El Nacional newspaper, which has been heavily critical of the ruling Socialist Party, on Friday published its last print edition after struggling for years under government pressure and a collapsing economy.

Exclusive: T-Mobile, Sprint see U.S. security approval for deal after Huawei concessions - sources

News - Fri, 12/14/2018 - 15:41
T-Mobile US Inc and Sprint Corp expect their merger to be approved by a U.S. national security panel as early as next week, after their respective parent companies said they would consider curbing their use of equipment from China's Huawei Technologies, people familiar with the matter told Reuters.

Global growth worries, J&J's tumble drag Wall St. lower

News - Fri, 12/14/2018 - 15:10
U.S. stocks slumped on Friday as weak data from China and Europe stoked fears of a global economic slowdown, while Johnson & Johnson slid after Reuters reported the company knew for decades that asbestos lurked in its Baby Powder.

Big Washington clean-up bill leads House Democrats' list

News - Fri, 12/14/2018 - 15:05
When the Democrats take over the U.S. House of Representatives in three weeks, their first order of business is expected to be a wide-ranging bill about political corruption, voter disenfranchisement and cleaning up campaign finance.

Global growth worry hits stocks, but U.S. data lifts dollar

News - Fri, 12/14/2018 - 14:49
A gauge of global stocks tumbled on Friday after weak economic data from China and Europe intensified global growth worries as investors weighed the broader impact of the trade dispute between the United States and China.

U.S. says China should free Canadians held after Huawei arrest

News - Fri, 12/14/2018 - 14:46
U.S. Secretary of State Mike Pompeo on Friday said China should free two Canadian citizens who were detained this week after authorities in Canada arrested a senior Chinese technology executive on a U.S. extradition warrant.

Exclusive: Nissan probe into Ghosn trains lens on 'CEO Reserve' fund, Dutch unit

News - Fri, 12/14/2018 - 14:28
Nissan Motor Co Ltd investigators are examining former Chairman Carlos Ghosn's use of an internal 'CEO Reserve' fund and the role of subsidiaries in the Netherlands and other countries as part of a probe into alleged financial misconduct, two people with knowledge of the inquiry told Reuters.

Cohen says Trump knew of hush payments, 'doesn't tell the truth'

News - Fri, 12/14/2018 - 14:24
President Donald Trump directed the payment of hush money to two women shortly before the 2016 U.S. presidential election and knew that doing so was wrong, his former personal lawyer Michael Cohen said in a television interview aired on Friday.

Starbucks sales growth to be steady despite UberEats deal, plans for China expansion

News - Fri, 12/14/2018 - 14:03
Starbucks Corp said on Thursday it was partnering with UberEats for delivery from about 3,500 U.S. stores and would nearly double its outlets in China over the next four years, but forecast that same-store sales would remain steady, sending shares down 3 percent.

Bond giant Pimco expects 30 percent chance of U.S. recession in '19

News - Fri, 12/14/2018 - 13:58
Declining global economic growth rates will boost defensive stocks and could lead to opportunities in emerging market currencies and mortgage bonds in the year ahead, asset manager Pacific Investment Management Co (Pimco) said in its 2019 outlook on Thursday.

Chris Christie pulls out of Trump's White House chief of staff race

News - Fri, 12/14/2018 - 13:27
Former New Jersey Governor Chris Christie, considered one of President Donald Trump's top candidates for White House chief of staff, abruptly withdrew from consideration on Friday, saying now is not the right time for him to take the job.

'Who are you calling 'nebulous'?' May presses testy EU for Brexit help

News - Fri, 12/14/2018 - 12:56
British Prime Minister Theresa May said on Friday further assurances on her Brexit deal were possible after European Union leaders told her they would not be renegotiating the treaty and scorned her stilted defense of Britain's departure.

U.S. consumer spending strengthening in boost to economy

News - Fri, 12/14/2018 - 12:45
U.S. consumer spending gathered momentum in November as households bought furniture, electronics and a range of other goods, which could further allay fears of a significant slowdown in the American economy even as the outlook overseas continued to darken.

Euro zone takes step to deeper integration, key issues unresolved

News - Fri, 12/14/2018 - 12:34
European Union leaders took a step toward deeper euro zone integration on Friday to help prevent future crises, but deep disagreement left key issues like a euro zone budget and a deposit guarantee scheme unresolved.

ICE arrests of immigrants in U.S. illegally highest since 2014: agency

News - Fri, 12/14/2018 - 12:30
U.S. Immigration and Customs Enforcement officials arrested more immigrants who were in the United States illegally in the fiscal year through Sept. 30, 2018, than in any year since 2014, the agency said on Friday.

Ousted Nissan boss' daughter takes documents, cash from apartment

News - Fri, 12/14/2018 - 11:54
The daughter of ousted Nissan chairman Carlos Ghosn early on Friday retrieved documents and cash from a corporate apartment in Rio de Janeiro, capping a legal battle over the items, which the carmaker maintains may contain evidence of wrongdoing.