Business

Newly unsealed court documents and other records show that Merck & Co and U.S. regulators knew about reports of suicidal behavior in men taking the company’s antibaldness treatment Propecia when they decided not to warn consumers of those potential risks...

The S&P 500 and the Nasdaq treaded water in choppy trading on Wednesday after two days of sharp gains while Alphabet Inc's shares headed for their best day in nine months following its strong quarterly results.

The U.S. Senate Energy Committee voted 134 on Wednesday to approve the nomination of former Michigan Governor Jennifer Granholm to head the Energy Department.

The S&P 500 and the Nasdaq climbed on Wednesday, lifted by heavyweight Alphabet Inc's shares after its strong results, while investors counted on more fiscal stimulus to ride out the economic downturn.

U.S. President Joe Biden's administration has started discussions with the utility and automobile sectors about reducing greenhouse gas emissions, White House domestic climate change adviser Gina McCarthy told Reuters.

Britain's third national coronavirus lockdown has put the economy on course for a sharp contraction in early 2021, but services companies buoyed by progress on vaccinations are confident about recovery, a survey showed on Wednesday.

Even after stepping aside as CEO, Amazon founder Jeff Bezos appears likely to keep identifying new frontiers for the world's dominant e-commerce company. His successor, meanwhile, gets to deal with escalating efforts to curtail its power.

Benchmark U.S. crude oil for March delivery rose $1.21 to $54.76 a barrel Tuesday. Brent crude oil for April delivery rose $1.11 to $57.46 a barrel.

Ferrari gave no indication on Tuesday of who it was lining up to replace Louis Camilleri as chief executive as analysts said the luxury carmaker appeared to be touching the brakes on its profit outlook.

GameStop shares are down sharply Tuesday, cleaving off more of the stocks recent blockbuster gains following a social-media led campaign to get it to skyrocket at the expense of big Wall Street funds.

Exxon Mobil Corp on Tuesday posted its first annual loss as a public company after the COVID19 pandemic hammered energy prices and reduced the value of the company's shale gas properties by more than $20 billion.

The German finance ministry will give its BaFin banking watchdog more powers to spot and investigate misconduct at companies it supervises and make it more agile in responding to warnings from whistleblowers to prevent another Wirecard scandal.

Nestle is looking at ways to help pay for COVID19 vaccines and projects to inoculate populations where the world's largest food company operates, Chief Executive Mark Schneider said on Tuesday.

Silver dropped more than 5% on Tuesday, retreating from a near eightyear peak in the previous session, as a margin hike by the Chicago Mercantile Exchange called a halt to the latest leg of the social mediadriven GameStop frenzy on financial markets.

Benchmark U.S. crude oil for March delivery rose $1.35 to $53.55 a barrel Monday. Brent crude oil for April delivery rose $1.31 to $56.35 a barrel.

Companies that are part of HNA Group, a Chinese conglomerate that says creditors want it declared bankrupt after a global acquisition spree, want to recover as much as $15 billion that might have been paid out improperly to major shareholders.