Healthcare company, Philips has been warned of suspicious sales of its medical equipment to the Brazilian government, and failed to halt them after an alleged bribery racket was exposed in the company’s Brazilian operations in 2018,
Target beat estimates for quarterly profit and has raised its annual forecast as higher investments to address changing shopping habits attracted more shoppers and lifted online sales.
About 3,800 students at Permian High School in Texas are crammed into a campus designed for 2,500. Continue reading
The U.S. Defense Department is canceling a Boeing contract for a “kill vehicle” due to technical design problems after spending $1.2 billion on the project.
Nordstrom, the retailer, reported a better-than-expected quarterly profit after having cut costs and cleared more inventory.
UPS has bought a minority stake in self-driving company TuSimple, and the world’s largest package delivery company has been testing the startup’s autonomous trucks since May 2019.
US retail sales grew in July 2019 as consumers bought a range of goods despite cutting back on vehicle purchases.
Retail sales increased 0.7 percent in July after gaining 0.3 percent in June 2019. Economists polled had forecast retail sales would rise 0.3 percent in July. Continue reading
EQM Midstream Partners LP has told U.S. federal regulators the company will stop some work on its long-delayed Mountain Valley natural gas pipeline from West Virginia to Virginia as the U.S. Fish and Wildlife Service reviews some permits.