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Reuters Company NewsJan 17, 2020
US STOCKS-Wall Street hits new highs in strongest week since August
* Indexes: Dow 0.17%, S&P 500 0.39%, Nasdaq 0.34% (Updates to close)

Reuters Company NewsJan 17, 2020
UPDATE 1-Facebook must disclose app records for Massachusetts probe, judge rules
Facebook Inc has been ordered by a Massachusetts judge to turn over material to the state's attorney general about thousands of apps that the social media company suspected may have misused customer data.

Reuters Company NewsJan 17, 2020
UPDATE 2-Morgan Stanley CEO Gorman's total 2019 pay falls 7% to $27 million
Morgan Stanley Chief Executive James Gorman is receiving $27 million in total compensation in 2019, nearly 7% less than what he got the year before, the company said in a filing on Friday, following a reduction of bonuses staff-wide.

Reuters Company NewsJan 17, 2020
UPDATE 2-Judge slashes $8 bln Risperdal award against Johnson & Johnson to $6.8 mln
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.

Reuters Company NewsJan 17, 2020
UPDATE 3-After India's Amazon snub, Modi's party slams Bezos-owned Washington Post
Indian Prime Minister Narendra Modi's ruling party on Friday slammed editorial policies of billionaire Jeff Bezos-owned Washington Post, even as his e-commerce firm Amazon announced plans to create a million jobs in the country by 2025.

Reuters Company NewsJan 17, 2020
UPDATE 1-Judge slashes $8 bln Risperdal award against Johnson & Johnson to $6.8 mln
A Pennsylvania judge on Friday slashed to $6.8 million from $8 billion a punitive damages award against Johnson & Johnson for allegedly failing to warn men that they could grow breasts by using its antipsychotic drug Risperdal.

Yahoo BusinessJan 17, 2020
Boeing addresses new 737 MAX software issue that could keep plane grounded longer
Boeing Co said on Friday it is addressing a new software issue discovered in Iowa last weekend during a technical review of the proposed update to the grounded Boeing 737 MAX, a development that could further delay the plane's return to service. "We are making necessary updates," Boeing said in a statement. The monitor check is prompted by a software command at airplane or system power up, and will set the appropriate indication if maintenance is required, company officials added.

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