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Business News
Ga. Judge cuts damages in Jeep fire death from $150M to $40M
DETROIT (AP) -- A Georgia judge has cut the damages that Fiat Chrysler must pay the family of a child who died in a Jeep SUV fire from $150 million to $40 million....
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US indexes advance on strong earnings; China stabilizes
NEW YORK (AP) -- Global stock markets steadied and U.S. markets advanced Tuesday, as investors were encouraged by strong results from UPS, Ford and other big companies....
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Mead Johnson paying $12M to settle US bribery charges
WASHINGTON (AP) -- Mead Johnson has agreed to pay $12 million to settle federal civil charges that its Chinese subsidiary bribed hospital professionals to recommend its infant formula to new or expecting mothers who were patients....
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Drugmaker Pfizer tops Street 2Q forecasts, raises forecast
Pfizer Inc. beat Wall Street's second-quarter expectations and raised its 2015 forecast, as soaring sales for a few key products helped inoculate the world's second-largest drugmaker against a $1 billion revenue hit from foreign exchange rates and its last wave of cheap generic competition hurting former big sellers....
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US consumer confidence falls to lowest level since September
WASHINGTON (AP) -- U.S. consumer confidence fell this month to the lowest level since September. Consumers are worried about the job market and rattled by events in Greece and China....
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