Business & Financial News, U.S & International Breaking News

A Pennsylvania judge on Friday slashed to $6.8 million from $8 billion a punitive damages award against Johnson & Johnson to a man who said it failed to warn that boys using its antipsychotic drug Risperdal could grow breasts.

Swedish activist Greta Thunberg marched with 10,000 protesters in the Swiss city of Lausanne on Friday and said "you have not seen anything yet" before some head to Davos next week to challenge the global financial elite to fight climate change.

As the 2020 race heats up, the Supreme Court agreed on Friday to hear a dispute involving the complex U.S. presidential election system focusing on whether Electoral College electors are free to break their pledges to back the candidate who wins their state's popular vote, an act that could upend an election.

Lawyers in Harvey Weinstein's New York rape trial finished selecting 12 jurors on Friday to decide the former Hollywood producer's fate, as prosecutors renewed an accusation that the defense had unfairly tried to block white women from serving on the jury.

Wall Street climbed to record highs on Friday, with major indexes turning in their strongest weekly gains since August, after strong U.S. housing data and signs of resilience in the Chinese economy raised hopes of a rebound in global growth.

French designer Jean Paul Gaultier, known for dressing stars like Madonna and who cultivated an irreverent image as the industry's "bad boy", said on Friday that a fashion show in Paris next week would be his last. Gaultier, 67, did not detail what would happen to his namesake brand, owned by private Spanish fashion and fragrance group Puig, only saying in a brief statement that it would continue to exist.