Business

Cheese prices are crumbling in 2018 but a trade-war meltup could provide support

Record U.S. supplies of cheese have contributed to a drop in prices this year, and traders predict more of the same for the rest of 2018. Longer term, however, hope of a turnaround in prices lies in a prolonged global trade dispute that may cause dairy farms to close up, leading to a slowdown in cheese production. settled at $1.5425 […]

Cisco and other networking stocks sink, hit be fears over new Amazon competition

Large networking companies like Cisco Systems Inc. Arista Networks Inc. and Juniper Networks Inc. were hit in Friday trading by a monster that has already rampaged through other sectors: Fear that Amazon Inc. will make a challenge. Friday that Amazon is considering selling its own network switches with built-in connections to its Amazon Web Services cloud-computing offerings. The generic networking […]

Johnson & Johnson ordered to pay $4.69 billion in damages in cancer lawsuit

Johnson & Johnson ordered to pay $4.69 billion in damages in cancer lawsuit © Charly Triballeau, AFP | A picture taken on November 30, 2017, shows the logo of US multinational Johnson & Johnson its research centre in in Val-de-Reuil, northwestern France. US pharmaceutical giant Johnson & Johnson was Thursday ordered to pay out $4.69 billion in damages in a […]