Johnson & Johnson has been ordered to pay US$ 4.7 billion in damages to 22 women who alleged that its talc products caused them to develop ovarian cancer. A jury in the US state of Missouri initially awarded US$ 550m in compensation and added US$ 4.1bn in punitive damages.
There has been a barrage of criticism in the United States after President Donald Trump defended Russia over claims of interference in the 2016 elections. At a summit with Russian President Vladimir Putin in Finland, on Monday, Trump contradicted US intelligence agencies, saying Russia had no reason to meddle.
China’s trade surplus with the United States swelled to a record in June as its overall exports grew at a solid pace, a result that could further inflame a bitter trade dispute with Washington.
The United States launched five separate World Trade Organization dispute actions on Monday challenging retaliatory tariffs imposed by China, the European Union, Canada, Mexico and Turkey following U.S. duties on steel and aluminum. The retaliatory tariffs on up to a combined US$28.5 billion worth of U.S. exports are illegal under WTO rules, U.S. Trade Representative Robert Lighthizer said in a statement.
President Donald Trump named the European Union as a top adversary of the United States and denounced the news media as the enemy of the people before arriving in Helsinki on Sunday on the eve of his high-stakes summit with Russia's Vladimir Putin.
According to a financial intelligence panel that met Friday in Cartagena, Colombia; in Venezuela, Maduro's government uses food and humanitarian aid as a weapon for social control.
In an astonishing interview, the U.S. President, Donald Trump, praised Boris Johnson and said that PM Theresa May ignored his advice on Brexit negotiations. The President also suggested that the former foreign secretary would make a great prime minister due his 'hard line' Brexit plan.
Amid tense relations with some NATO members and conflictive economic relations with China due the “America First” policy, United States President Donald Trump criticized European Allies on Wednesday in Brussels.
China can increase soybean imports from other countries to reduce reliance on buying from the United States, the president of state grains trader COFCO said in an interview with the Communist Party’s official People’s Daily paper on Wednesday.
President Donald Trump on Monday night picked Brett Kavanaugh to fill an open seat on the Supreme Court, potentially creating the most business-friendly high court since before the New Deal in the 1930s. The nomination of Kavanaugh to replace the retiring Anthony Kennedy is another win for corporate America.