Walmart Sues U.S., Aiming to Head Off Opioid Penalties
Walmart sued the federal government in an attempt to strike a pre-emptive blow against what it said is an impending opioid-related civil lawsuit from the Justice Department.
Uber and Lyft Must Classify Drivers as Employees, Appeals Court Says
The ride-hailing companies must comply with an order that requires them to reclassify their drivers as employees, a California appeals court said, siding with a lower-court ruling that threatened to upend the business models.
Intel's Cloud Thickens
The chip maker's data-center sales slow just as it faces key questions about manufacturing outlook.
FTC Staff Support Lawsuit Against Facebook
Federal Trade Commission staff members are recommending that the agency bring an antitrust case against Facebook, according to people familiar with the matter, but commissioners haven't reached a decision.
French Court Asks Microsoft for Safeguards Against U.S. Surveillance of Health Data
A French court has ruled that Microsoft can continue hosting a government-run project aggregating citizens' anonymous health data, but must guarantee no data will be sent to the U.S. or be shared with American intelligence.
Covid-19 Drug Remdesivir Fully Approved by FDA
The Food and Drug Administration has granted a full final approval to Gilead Sciences's remdesivir, making it the first Covid-19 treatment deemed safe and effective by the regulator.
Gap's Story Looks Too Good to Be True
The retailer's plans for its portfolio of brands are promising but ambitious.
California Loses Last-Ditch Effort to Force Exide to Deal With Toxic Legacy
California taxpayers were left responsible for a contaminated plant outside Los Angeles after a judge turned down an emergency bid by state environmental regulators to block Exide Technologies from exiting bankruptcy.
Pension Backers Focus Fresh Attention on Apollo Founder's Ties to Jeffrey Epstein
Several pension backers of Apollo Global Management have expressed concern after a recent news report about financial ties between Leon Black, the firm's co-founder, and the late Jeffrey Epstein, who killed himself while awaiting trial on sex-trafficking charges.
Barclays Swings to Profit but Sees Persistent Headwinds
Chief Executive Jes Staley sounded a cautiously optimistic note about the U.K. bank's prospects of rebounding from the coronavirus pandemic after it posted a profit in the third quarter.
(END) Dow Jones Newswires