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Forbes HeadlinesJan 18, 2020
What Boeing Aircraft Will Chinese Airlines Buy? US-China Trade War Easing Means Sales Announcements
Boeing and Chinese airlines should announce deals as US-China trade tensions ease under a first phase pact, which calls for China to import a further $33 billion of manufactured goods in 2020 and $45 billion in 2021 compared to 2017.

Yahoo BusinessJan 18, 2020
India Snubs $1 Billion Amazon Investment as Resentment Grows
(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. India's government has scoffed at Amazon.com Inc. founder Jeff Bezos' offer to invest $1 billion in the country, firing the latest salvo at an e-commerce giant that's been accused of predatory business practices.Trade minister Piyush Goyal delivered a stinging rebuke two days after Bezos arrived in New Delhi and touted his efforts to help digitize small and medium enterprises. The investment would bring Amazon's bet on the Indian market to about $6.5 billion. Goyal told a gathering of foreign ministers from around the world he welcomed an investigation into the company's alleged "predatory pricing and unfair trade practices.""They may have put in a billion dollars," Goyal said at the Raisina Dialogue in New Delhi on Thursday. "But then if they make a loss of a billion dollars every year, then they jolly well have to finance that billion dollars. So it's not as if they are doing a great favor to India when they invest a billion dollars."Bezos has attracted significant opposition during a tour of India intended to underscore its importance as a growth driver for Amazon. The country's antitrust regulator initiated a formal investigation hours before his arrival, and retailers affiliated with the Confederation of All India Traders organized sit-ins and public rallies in multiple cities to protest Amazon's traditional cut-price approach and exclusive-selling practices.Outside the venue of Amazon India's

Forbes Social Media NewsJan 17, 2020
How WhatsApp Can Add Another $10 Billion To Facebook's Revenue Almost Overnight
760 million new users in 12 months can do that ...

Automotive News Breaking NewsJan 17, 2020
Canadian billionaire becomes front-runner for Aston Martin stake, report says
Lawrence Stroll has been discussing a potential investment of about $261 million in the British luxury carmaker, Bloomberg reported.



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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.

Yahoo BusinessJan 17, 2020
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. The decision by Judge Kenneth Powell of the Philadelphia Court of Common Pleas to reduce punitive damages for the plaintiff Nicholas Murray followed a jury's imposition of the original award last Oct. 8. Murray, like other male plaintiffs in mass tort litigation over Risperdal, claimed that he developed breasts after being prescribed the medicine when he was a boy.


RELATED ARTICLES
UPDATE 1-Judge slashes $8 bln Risperdal award against Johnson & Johnson to $6.8 mln (Reuters Company News)
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