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Economy

Still, any additional time provided through the extension is meant to "provide manufacturers covered by the rule with necessary guidance from FDA , and would help them be able to complete and print updated nutrition facts panels for their products before they are expected to be in compliance".
  • 5 of the Biggest Challenges GE's Jeff Immelt Faced As CEO

    5 of the Biggest Challenges GE's Jeff Immelt Faced As CEO

    Economy

    Flannery told Reuters previous year he aimed to "double down on life sciences", given this business's large and high-margin opportunities. "The board has encouraged me to come in and look at it afresh". Peltz has pushed GE to deepen cost cuts to boost profits. "His background in the Capital side may mean that he bring some financial discipline to the CEO role", Julian Mitchell, an analyst with Credit Suisse, said Monday in a note.
  • Jeff Sessions' testimony to Congress Tuesday to be open to public

    Economy

    Republican Senator James Lankford , a member of the intelligence panel, said on CBS' "Face the Nation" that decision had not been finalised, but, "I assume that this will be public". Discussions with the attorney general on topics within the scope of the President's constitutional duties ordinarily would be protected, lawyers say.
  • Bloomberg offers $15M to cover US Paris Accord costs

    Economy

    Simpson adds that there are more than 260 major global corporations - including USA giants Dell, Kellogg Company , PepsiCo and Walmart - that have joined the Science Based Targets initiative , committing to cutting their emissions in line with the latest climate science.
  • Oil prices fall with rising global glut concerns

    Oil prices fall with rising global glut concerns

    Economy

    Commodities brokerage Marex Spectron said it expects a "lower supply of crude oil on the physical market " in the coming weeks, lending oil prices some support. The spat adds to other doubts about whether the agreement can support prices, including rising production from countries exempt from the agreement - Libya and Nigeria.
  • Firefighters battling massive blaze in London high-rise

    Economy

    The cause of the fire was not immediately known. Rescue services, giving an early toll, said 30 people had been hospitalised, and eyewitnesses said they had seen others fall or jump from the stricken building. Tim Downie, who lives not far away, told Britain's Press Association that he feared the building could collapse. Witnesses said they heard screaming from the upper floors as the flames rose in the night and one desperate resident could be seen waving a white cloth from a top floor ...
  • Amid diplomatic contact, North Korea frees American student

    Economy

    The 22-year-old student from suburban Cincinnati was supposed to graduate from the University of Virginia in May. CINCINNATI (AP ) - An American college student whose parents say has been in a coma while serving a 15-year prison term in North Korea was released and returned to the United States Tuesday as the Trump administration revealed a rare exchange with the reclusive country.
  • Oil prices fall on OPEC output increase, rising US crude stocks

    Oil prices fall on OPEC output increase, rising US crude stocks

    Economy

    Adding to the glut is an ongoing rise in United States production driven by shale drillers, which has pushed U.S. output up by 10 per cent over the previous year to 9.3 million bpd, not far off top exporter Saudi Arabia . The American Petroleum Institute reported crude inventories rose 2.8 million barrels last week while gasoline supplies increased by 1.8 million. The market's weakness can be seen in technical activity surrounding Brent crude, where the 50-day moving average fell ...