OxyContin maker Purdue Pharma files for bankruptcy protection, succumbing to pressure from more than 2,600 lawsuits alleging the company helped fuel the deadly opioid epidemic.
Business & Financial News, U.S & International Breaking News
UAW workers head for picket lines in first national strike against GM since 2007
The United Auto Workers (UAW) went on strike at General Motors just after midnight Sunday and about 48,000 hourly workers at its facilities are headed for the picket lines in the morning, union officials said early Monday.
Johnson to explore Brexit deal with Juncker over lunch of snails and salmon
British Prime Minister Boris Johnson will explore his chances of securing a Brexit deal over lunch with European Commission chief Jean-Claude Juncker on Monday, after weekend rhetoric from both suggested their positions remain far apart.
North Korea leader Kim invited Trump to Pyongyang in letter: report
North Korean leader Kim Jong Un invited U.S. President Donald Trump to visit Pyongyang in a letter sent in August amid stalled denuclearisation talks, a South Korean newspaper reported on Monday, citing diplomatic sources.
Hong Kong reopens after violent weekend of clashes and protests
Hong Kong's businesses and underground rail stations re-opened as usual on Monday morning, after a chaotic Sunday that saw police fire water cannon, tear gas and rubber bullets at protesters who blocked roads and threw petrol bombs outside government headquarters.
New York to ban flavored e-cigarettes after illnesses, deaths
New York Governor Andrew Cuomo on Sunday announced a ban on all flavored e-cigarettes besides tobacco and menthol in response to a recent nationwide spate of sometimes deadly lung illnesses that U.S. health officials have linked to vaping.
Fed trades 'remarkably positive' for 'no precedents' after volatile year
A year ago, U.S. Federal Reserve Chair Jerome Powell held a "remarkably positive outlook" for an economy enjoying a "historically rare" combination of good news including low unemployment, steady inflation and strong growth that were all expected to continue.
Exp: Sep 19
Exp: Sep 19
Exp: Sep 19
Denmark's Lundbeck will buy U.S. drug developer Alder BioPharmaceuticals in a deal valued at almost $2 billion.
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