 | | | | AbbVie Inc has agreed to pay $24 million to settle a lawsuit that alleged insurance fraud by the drugmaker in promoting its blockbuster drug Humira, California's insurance regulator said on Thursday. | | |
| | | Global equity markets edged higher and bond yields eased off earlier lows on Thursday as investors awaited word on a new U.S. aid package to counter the economic fallout from the coronavirus crisis. | | |
| | | Airbus SE was sued on Thursday by shareholders who accused the European planemaker of securities fraud for misleading them about its ability to avoid and manage corruption accusations over nearly 4-1/2 years. | | |
| | | Shares on Wall Street rose on Thursday but moved within narrow ranges, as investors awaited a new fiscal stimulus package to bolster the country's economy and digested better-than-expected U.S. jobless claims data. | | |
| | | Oil prices hovered near five-month highs on Thursday as support from a weak dollar and Iraq's planned production cuts counteracted bearish sentiment about fuel demand, pushing the benchmarks in and out of positive territory. | | |
| | | Shares of Rocket Cos Inc rose 15% following their New York debut on Thursday, a day after the parent company of U.S. mortgage lender Quicken Loans slashed the targeted size of its initial public offering by over $1 billion. | | |
| | | The Trump administration said on Wednesday it was stepping up efforts to purge "untrusted" Chinese apps from U.S. digital networks and called the Chinese-owned short-video app TikTok and messenger app WeChat "significant threats." | | |
| | | The investment chief of CalPERS, Yu Ben Meng, has resigned effective immediately, the largest public U.S. pension fund said on Wednesday, amid pressure from the Trump administration to curb investments in China. | | |
| | | Uber driver Johan Nijman faces a difficult decision as federal unemployment aid expires: risk failing to pay for groceries and even lose his home, or resume driving and potentially catch COVID-19. | | |
| | | Hilton Worldwide Holdings Inc said on Thursday it expects its room occupancy rates to improve by 5% by early fall as economies reopen gradually, and predicted it would take at least two years for demand to rebound to pre-coronavirus levels. | | |
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