U.S. states seek $26.4 billion from drug firms in opioid litigation: WSJ

U.S. states are seeking a combined $26.4 billion from three major drug distributors and Johnson & Johnson to settle opioid litigation against the companies, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

Reuters 18-08-2020

Wells Fargo extends work from home until at least March 1

Wells Fargo & Co has extended the ability to work from home for employees until at least March 1 amid the ongoing coronavirus outbreak, a spokeswoman for the bank said on Wednesday.

Reuters 16-12-2020

Lilly says manufacturing, compliance heads to retire

Drugmaker Eli Lilly and Co said on Tuesday the chiefs of its manufacturing division and the ethics and compliance department will step down from their roles in the coming months.

Reuters 09-03-2021

Brazil prosecutors sue Trafigura over irregular Petrobras contracts: statement

Brazilian federal prosecutors have filed a lawsuit seeking damages from oil trading company Trafigura and former executives on corruption allegations involving Brazilian state-run oil company Petroleo Brasileiro SA (Petrobras), according to a statement on Monday.

Reuters 30-11-2020

Deutsche Bank sticks with 2022 profit target, to make deeper cost cuts

Deutsche Bank on Wednesday said it would cut costs further as the bank confirmed a key profitability target for 2022 that is higher than some analysts have forecast.

Reuters 09-12-2020

How Calvin Klein parent company PVH is leveraging tech like 3D designs and virtual store tours to prepare for the post-pandemic shopper

Before the COVID-19 pandemic, only between 5-15% of sales for PVH, parent of Calvin Klein, Tommy Hilfiger, and Heritage Brands, took place through a digital channel.  But as the clothing and accessories retailer was forced to close all of its brick-and-mortar stores due to the pandemic last spring, that quickly changed.

Business Insider 25-01-2021

United Technologies, Raytheon offer EU concessions over $120 billion merger deal

United Technologies Corp and Raytheon Co have offered concessions to address EU antitrust concerns about their plan to create a $120 billion U.S. aerospace and defense giant, a filing on the European Commission website showed on Monday.

Reuters 24-02-2020