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Musk launches appeal to restore $56 billion Tesla payday

By Tom Hals WILMINGTON, Delaware (Reuters) - Elon Musk kicked off his appeal to try to restore his $56 billion payday from Tesla (NASDAQ:TSLA) on Tuesday, claiming a lower court...

Merck prevails in US safety litigation over Gardasil HPV vaccine

By Jonathan Stempel (Reuters) -A federal judge ruled in favor of Merck (NSE:PROR) in litigation accusing it of concealing the risks of Gardasil, a vaccine to prevent cervical...

Mercedes-Benz names Jason Hoff to newly created position of North America CEO

(Reuters) - Mercedes-Benz (OTC:MBGAF) said on Tuesday it has appointed Jason Hoff to the newly created role of North America CEO, effective May 1 as the German maker looks to...

Rio Tinto to raise up to $9 billion for Arcadium Lithium buyout, Bloomberg News reports

(Reuters) - The world's biggest iron ore producer Rio Tinto (NYSE:RIO) is offering $9 billion in U.S. investment-grade bonds as the miner seeks funding for its recently-closed...

Hedge funds sped up de-risking, and there likely is more to come

By Carolina Mandl NEW YORK (Reuters) -Global hedge funds accelerated the unwinding of stock positions on Monday, and this trend is likely to continue, as portfolio managers seek...

USDOT says Verizon not moving fast enough on $2.4 billion FAA contract

By David Shepardson WASHINGTON (Reuters) -U.S. Transportation Secretary Sean Duffy said on Tuesday that Verizon (NYSE:VZ) is "not moving fast enough" in its $2.4 billion, 15-year...

Explainer-What is fluoride and why is it added to the US water supply?

(Reuters) -Utah is poised to become the first state to prohibit fluoride in its water systems, just weeks after fluoride-critic Robert F. Kennedy Jr. was confirmed to lead the...

Global companies eye more US investment as Trump touts energy dominance

By Georgina McCartney and Arathy Somasekhar HOUSTON (Reuters) - Market upheaval from U.S. President Donald Trump's protectionist trade policies has not dampened foreign investment...

Measles cases in Texas, New Mexico rise by 28 in five days as outbreak spreads

By Bhanvi Satija (Reuters) -Texas and New Mexico on Tuesday reported an increase of 28 cases of measles in the last five days, bringing the total known infections to 256 in the...

Kennedy tells US food companies to remove artificial dyes

By Jessica DiNapoli NEW YORK (Reuters) -U.S. Health Secretary Robert F. Kennedy Jr. told food companies including PepsiCo (NASDAQ:PEP) and Kraft Heinz (NASDAQ:KHC) in a meeting on...

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