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U.S. Fed approves merger between BB&T,...
on November 20, 2019 at 1:56 am

The U.S. Federal Reserve said on Tuesday it approved a merger between BB&T Corp and SunTrust Banks Inc, sealing the biggest tie-up of banks since the 2007-2009 global financial crisis. […]

OxyContin maker Purdue Pharma to pay states'...
on November 20, 2019 at 1:49 am

OxyContin maker Purdue Pharma LP got court approval on Tuesday to reimburse millions of dollars in legal fees for states that back its proposed $10 billion settlement of opioid lawsuits, but with a condition meant to help victims of the addiction crisis. […]

Uber, distracted backup driver cited by NTSB in...
on November 20, 2019 at 1:48 am

A U.S. safety agency on Tuesday faulted Uber for inadequate attention to safety and decisions in the company's autonomous vehicle development in an investigation into the first-ever death involving a self-driving vehicle, which also cited the vehicle's distracted back-up driver. […]

Amazon uses aggregated seller data to help...
on November 20, 2019 at 1:46 am

Amazon.com Inc uses "aggregated data" from sellers in its third-party marketplace to improve its overall business, the online retailer said in response to a congressional antitrust probe that could raise concerns with such sellers. […]

GM not liable for punitive damages in ignition...
on November 20, 2019 at 1:45 am

A federal appeals court said General Motors Co is not liable for punitive damages over accidents that occurred after its 2009 bankruptcy and involved vehicles it produced earlier, including vehicles with faulty ignition switches. […]

After meeting AFL-CIO, Pelosi says USMCA must be...
on November 20, 2019 at 1:44 am

U.S. House of Representatives Speaker Nancy Pelosi on Tuesday conditioned her support for a new U.S.-Mexico-Canada trade deal on better enforcement of its labor provisions, defying pressure by the Trump administration to get the deal done quickly. […]

Microsoft Teams surpasses 20 million daily active...
on November 20, 2019 at 1:39 am

Microsoft Corp said on Tuesday its workplace messaging app, Teams, has more than 20 million daily active users, up from 13 million in July. […]

Australia's Westpac accused of 23 million money...
on November 20, 2019 at 1:01 am

Australia's Westpac Banking Corp was accused on Wednesday of 23 million breaches of anti-money laundering rules, with a regulator saying the financial giant enabled payments from "high risk" countries and convicted child sex offenders. […]

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