Johnson & Johnson’s prescription drug business is in the pink, but things aren’t quite so healthy in its consumer health business or its medical device segment, which is slashing about 3,000 jobs and reorganizing after selling off a major business la
Stopping the dollar drag May. 25, 2016
TV cord cutting May. 24, 2016
$19 trillion in red ink May. 21, 2016
Building steadily May. 20, 2016
- Signet and NetApp drop while Dollar Tree and US Foods climb
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday:
- New Zealanders to pay $20 for cigarette pack under tax plan
WELLINGTON, New Zealand (AP) — Smokers in New Zealand will pay $20 for a pack of cigarettes under the government's budget plan released Thursday. Polluting industries will also get hit with higher taxes.
- China accuses US of hampering trade with steel duties
BEIJING (AP) — China accused the United States on Thursday of hampering trade after Washington imposed duties of up to 450 percent on Chinese steel in its latest response to a flood of low-priced imports.
- Smokers and polluters in New Zealand hit with higher taxes
WELLINGTON, New Zealand (AP) — Smokers and polluters in New Zealand will get hit with higher taxes as part of the government's economic plan.
- Computer Sciences and Sanofi rise; Express and Alibaba fall
NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday:
- Bank of Canada: Economy will shrink due to Alberta wildfires
TORONTO (AP) — Canada's central bank said Wednesday the Canadian economy will shrink in the second quarter because of Alberta's devastating wildfires, which shut down its oil sands production.
- S&P: Britain's EU vote could jeopardize pound's standing
LONDON (AP) — Ratings agency Standard & Poor's says a vote to leave the European Union could jeopardize the pound's standing as an international reserve currency, potentially threatening the country's credit rating.
- Belt-tightening in Brazil aimed at fighting economic crisis
RIO DE JANEIRO (AP) — Brazil's acting president announced austerity measures Tuesday aimed at pulling Latin America's largest economy from its worst crisis in decades, warning that a failure to act will mean "extraordinary hardship" for future generations.
- Best Buy offers weak profit view, says CFO stepping down
NEW YORK (AP) — Best Buy Co. on Tuesday offered a disappointing profit outlook for the current quarter, weighed in part by a recent earthquake in Japan that hurt the availability of some highly profitable products.
- Toll Brothers and JPMorgan rise, CF Industries slumps
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday: