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J&J ordered to pay $417 million in trial over talc cancer risks

(Reuters) – A California jury on Monday ordered Johnson & Johnson to pay $417 million to a woman who claimed she developed ovarian cancer after using the company’s talc-based products like Johnson’s Baby Powder for feminine hygiene. … Read More

Sempra Energy to buy Oncor for $9.45 billion in blow for Berkshire

(Reuters) – Sempra Energy said it will buy Oncor for $9.45 billion in cash after Energy Future Holdings Corp, which indirectly owns Oncor, abandoned a deal to sell the power transmission company to Warren Buffett’s Berkshire Hathaway Inc… Read More

Trump administration defends travel ban in Supreme Court brief

NEW YORK (Reuters) – President Donald Trump’s administration reiterated arguments defending its temporary travel ban in a filing with the U.S. Supreme Court on Thursday, repeatedly citing the executive’s broad powers to exclude foreigners from the United States…. Read More

Trump thanks Putin for slashing U.S. diplomatic staff

WASHINGTON (Reuters) – U.S. President Donald Trump on Thursday thanked Russian President Vladimir Putin for ordering the United States to slash its diplomatic staff in Russia, remarks likely to rekindle criticism of Trump’s kid-gloves handling of Putin. … Read More

After sanctions, Tillerson may find Russia talks an uphill climb

WASHINGTON (Reuters) – U.S. Secretary of State Rex Tillerson has the unenviable task of exploring U.S.-Russian cooperation following Washington’s latest sanctions on Russia and Moscow’s expulsion of U.S. diplomats. Source: Reuters Top News

Berkshire profit falls as underwriting loss offsets railroad gains

(Reuters) – Warren Buffett’s Berkshire Hathaway Inc on Friday reported a 15 percent drop in second-quarter profit, as lower investment gains and a loss from insurance underwriting offset improvement in its BNSF railroad business. Source: Reuters Top… Read More

At Trump rally, West Virginia governor switches parties

HUNTINGTON, W.Va. (Reuters) – West Virginia Governor Jim Justice, standing next to President Donald Trump at a rally on Thursday night, announced that he was changing political parties, ditching the Democrats and joining Trump’s Republicans. Source: Reuters… Read More

Trump signs Russia sanctions law, but slams it as 'flawed'

WASHINGTON (Reuters) – U.S. President Donald Trump grudgingly signed into law on Wednesday new sanctions against Russia that Congress had approved overwhelmingly last week, criticizing the legislation as having “clearly unconstitutional” elements. Source: Reuters Top News

Exclusive: N.Y. regulator subpoenas Wells Fargo over unwanted auto insurance

NEW YORK (Reuters) – New York state’s banking and insurance regulator issued subpoenas on Tuesday to two Wells Fargo & Co units after the bank said it had sold auto insurance to hundreds of thousands of customers who… Read More

U.S. Governors urge Trump to make health insurance payments

WASHINGTON (Reuters) – Democratic and Republican U.S. governors on Wednesday urged the Trump administration, as well as Congress, to continue funding payments to health insurance companies that make Obamacare plans affordable, calling it critical to stabilizing the insurance… Read More