 | | | | Oklahoma's top court on Monday declined to delay a landmark trial set for May in a multibillion-dollar lawsuit accusing OxyContin maker Purdue Pharma LP and two other drugmakers of helping fuel an opioid abuse and overdose epidemic in the state. | | | | | | Michael Avenatti, the lawyer who represented adult film star Stormy Daniels in her legal battles with U.S. President Donald Trump, was charged Monday with extortion in what a federal prosecutor called an attempt to "shake down" Nike Inc for over $20 million. | | | | | | A federal judge in San Francisco dismissed for the second time a securities fraud lawsuit brought by Tesla Inc shareholders alleging that the company made misleading comments about the production status of its Model 3. | | | | | | Benchmark U.S. Treasury debt yields fell to their lowest since late 2017 on Monday and a gauge of world stocks dropped for a second straight session on persistent concerns over global economic growth. | | | | | | Apple Inc attempted to reintroduce itself on Monday as an entertainment and financial services company that also makes iPhones as it launched a streaming television service, a credit card and an online gaming arcade. | | | | | | Apple Inc's Apple News+ service will consolidate content from 300 popular magazines and newspapers for $10 a month, but at least one source will offer only selected articles instead of its entire library. | | | | | | The Federal Reserve's stunning about-face on rate increases along with weak economic data has left a key part of the U.S. Treasury yield curve close to levels at which the U.S. central bank has in the past been prompted to cut rates. | | | | | | Apple Inc unveiled its Apple TV+ original content streaming service and Apple TV Channels subscription service on Monday without a price tag, making it difficult to evaluate how the new ventures will stack up to Netflix Inc and other competitors. | | | | | | Boeing Co will provide airlines that have bought the 737 MAX with free software upgrades, the U.S. manufacturer said on Monday, as Ethiopian Airlines told Reuters it expected a preliminary crash report this week or next. | | | | | | As Boeing Co and global airlines work to restore public confidence in the 737 MAX after two deadly crashes, they will have a play book they can use. | | | | | | The S&P 500 ended a choppy session slightly lower on Monday as worries about a slowdown in global economic growth lingered and as Apple Inc shares fell after the company unveiled its video streaming service. | | | | | |
