J&J kept a guiding hand on talc safety research

World News - Fri, 2018-12-14 17:54
Johnson & Johnson developed a strategy in the 1970s to deal with a growing volume of research showing that talc miners had elevated rates of lung disease and cancer: Promote the positive, challenge the negative.
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Trump says budget director Mulvaney to be acting White House chief of staff

World News - Fri, 2018-12-14 17:33
U.S. President Donald Trump said on Friday he would name Mick Mulvaney, the director of the Office of Management and Budget, as acting White House chief of staff.
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Cohen says Trump knew of hush payments, 'doesn't tell the truth'

World News - Fri, 2018-12-14 16:58
President Donald Trump directed the payment of hush money to two women shortly before the 2016 U.S. presidential election and knew that doing so was wrong, his former personal lawyer Michael Cohen said in a television interview aired on Friday.
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Exclusive: T-Mobile, Sprint see U.S. security approval for deal after Huawei concessions-sources

World News - Fri, 2018-12-14 14:56
T-Mobile US Inc and Sprint Corp expect their merger to be approved by a U.S. national security panel as early as next week, after their respective parent companies said they would consider curbing their use of equipment from China's Huawei Technologies, people familiar with the matter told Reuters.
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U.S. says China should free Canadians held after Huawei arrest

World News - Fri, 2018-12-14 14:46
U.S. Secretary of State Mike Pompeo on Friday said China should free two Canadian citizens who were detained this week after authorities in Canada arrested a senior Chinese technology executive on a U.S. extradition warrant.
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Exclusive: Nissan probe into Ghosn trains lens on 'CEO Reserve' fund, Dutch unit

World News - Fri, 2018-12-14 14:28
Nissan Motor Co Ltd investigators are examining former Chairman Carlos Ghosn's use of an internal 'CEO Reserve' fund and the role of subsidiaries in the Netherlands and other countries as part of a probe into alleged financial misconduct, two people with knowledge of the inquiry told Reuters.
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Starbucks sales growth to be steady despite UberEats deal, plans for China expansion

World News - Fri, 2018-12-14 14:03
Starbucks Corp said on Thursday it was partnering with UberEats for delivery from about 3,500 U.S. stores and would nearly double its outlets in China over the next four years, but forecast that same-store sales would remain steady, sending shares down 3 percent.
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Bond giant Pimco expects 30 percent chance of U.S. recession in '19

World News - Fri, 2018-12-14 13:58
Declining global economic growth rates will boost defensive stocks and could lead to opportunities in emerging market currencies and mortgage bonds in the year ahead, asset manager Pacific Investment Management Co (Pimco) said in its 2019 outlook on Thursday.
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Republican Wisconsin governor signs bills curbing Democrats' power

World News - Fri, 2018-12-14 13:49
Outgoing Wisconsin Republican Governor Scott Walker on Friday signed a package of legislation aimed at weakening the powers of his newly elected Democratic successor, dismissing critics who said the move was a last-minute partisan power grab.
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Global growth worries, J&J's tumble drag Wall St. lower

World News - Fri, 2018-12-14 13:35
U.S. stocks slumped on Friday as weak data from China and Europe stoked fears of a global economic slowdown, while Johnson & Johnson slid after Reuters reported the company knew for decades that asbestos lurked in its Baby Powder.
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Chris Christie pulls out of Trump's White House chief of staff race

World News - Fri, 2018-12-14 13:27
Former New Jersey Governor Chris Christie, considered one of President Donald Trump's top candidates for White House chief of staff, abruptly withdrew from consideration on Friday, saying now is not the right time for him to take the job.
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U.S. consumer spending strengthening in boost to economy

World News - Fri, 2018-12-14 12:45
U.S. consumer spending gathered momentum in November as households bought furniture, electronics and a range of other goods, which could further allay fears of a significant slowdown in the American economy even as the outlook overseas continued to darken.
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Euro zone takes step to deeper integration, key issues unresolved

World News - Fri, 2018-12-14 12:34
European Union leaders took a step toward deeper euro zone integration on Friday to help prevent future crises, but deep disagreement left key issues like a euro zone budget and a deposit guarantee scheme unresolved.
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ICE arrests of immigrants in U.S. illegally highest since 2014: agency

World News - Fri, 2018-12-14 12:30
U.S. Immigration and Customs Enforcement officials arrested more immigrants who were in the United States illegally in the fiscal year through Sept. 30, 2018, than in any year since 2014, the agency said on Friday.
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Ousted Nissan boss' daughter takes documents, cash from apartment

World News - Fri, 2018-12-14 11:54
The daughter of ousted Nissan chairman Carlos Ghosn early on Friday retrieved documents and cash from a corporate apartment in Rio de Janeiro, capping a legal battle over the items, which the carmaker maintains may contain evidence of wrongdoing.
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N.Y. Fed's U.S. fourth-quarter GDP growth holds near 2.4 percent

World News - Fri, 2018-12-14 11:52
The U.S. economy is growing at a 2.42 percent pace in the fourth quarter as stronger-than-expected November data on industrial output offset the steepest drop in import prices in over three years last month, the New York Federal Reserve's Nowcast model showed on Friday.
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Atlanta Fed raises U.S. fourth-quarter GDP growth view to 3 percent

World News - Fri, 2018-12-14 11:48
The U.S. economy is expanding at a 3.0 percent annualized rate in the fourth quarter based on steady retail sales growth and stronger-than-forecast industrial output in November, the Atlanta Federal Reserve's GDPNow forecast model showed on Friday.
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Germany's Altmaier sees no disorderly Brexit, hopeful on U.S. trade ties

World News - Fri, 2018-12-14 11:03
Germany's economy minister does not expect a disorderly Brexit and believes the danger of a major trade conflict between the European Union and the United States is not yet over but has also not grown, he told Reuters on Friday.
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UK PM May remonstrates with EU as her Brexit plea is cast as humiliation

World News - Fri, 2018-12-14 11:02
British Prime Minister Theresa May said on Friday that further assurances on her Brexit deal were possible after European Union leaders told her they would not be renegotiating the agreement and scorned her stilted defense of Britain's departure.
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Rising global growth fears pull down Wall Street

World News - Fri, 2018-12-14 10:33
U.S. stocks fell 0.8 percent on Friday, as weak economic data from China and Europe exacerbated global growth fears and added to nerves about the U.S.-China trade talks.
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