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Business

The manufacturing sector is contracting. Analysts blame Trump's trade war.

New polling indicates plurality of Americans not only support President Donald Trump's impeachment but his removal from office . Meanwhile, amid a widespread abuse of power scandal, Trump's approval rating is hitting all-time lows . But arguably the most troubling survey for Trump has nothing to do with impeachment or his approval rating. [19659003] The latest figures from the Institute …

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Ford third-quarter car sales are down 4.9% from last year

People walk in a Ford Escape SUV displayed during a media day for the Shanghai Motor Show in Shanghai, China, April 16, 2019. Aly Song | Reuters DETROIT – US car sales for Ford Motor fell 4.9% in the third quarter from a year ago after demand for the company's best-selling F-Series pickup truck began to decline, the manufacturer said …

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Dow futures point to lower weaker production data

U.S. Stock index futures traded lower on Wednesday morning. About 4:30 a.m. Dow ET futures dropped 74 points, indicating a negative opening of nearly 97 points. The futures of the S&P 500 and Nasdaq were also lower. Wall Street ended lower on Tuesday amid disappointing production data, raising concerns about economic slowdown. President Trump said the strong dollar and high …

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Johnson and Johnson reach agreement with Ohio over opioid crisis

Copyright Reuters Image caption The medical giant says the deal was not pleading guilty to opioid addiction in Ohio Johnson and Johnson agreed to a $ 20.4 million (£ 16.6 million) agreement with two counties in the US state of Ohio. The healthcare giant said it was made to avoid a process of allegations of opioid dependence. Johnson and Johnson …

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UPS receives government approval for drones

UPS CEO, David P. Abney, on how Amazon changed UPS. UPS has won government approval for the operation of a national drone fleet. But before UPS or other operators can use drones for use, there are many regulatory hurdles. Ticker Security Last Change Change% [19659010] UPS UNITED PARCEL SERVICE INC. 115.81 -4.01 -3.35% The Federal Aviation Administration handed over a …

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Johnson & Johnson reach $ 20.4 million deal in opioid emergency

Health giant Johnson and Johnson announced Tuesday that it has reached a $ 20.4 million agreement with two Ohio counties ahead of a huge federal process to determine who is to blame for the nation's opioid epidemic. Johnson & Johnson pay $ 10 million in cash to Cuyahoga and Summit counties, recover $ 5 million in legal fees, and direct …

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VIOLATION: Starting uBiome in Bankruptcy Testing Off

The launch of the microbiome to test the microbiome in Silicon Valley uBiome filed for bankruptcy protection earlier this month after months of challenges and setbacks. Now uBiome is shutting down. The start-up is being converted from Chapter 11 to Chapter 7 bankruptcy, which means it will cease operations and liquidate, according to the documents Business Insider examines. uBiome once …

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