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AG Shapiro sues oxycontin creator Purdue Pharma for role in fueling opioid epidemic
Josh ShapiroWednesday May 15, 2019 9:49AM ET
Attorney General Josh Shapiro announced a lawsuit against Purdue Pharma, the creator of prescription painkiller OxyContin, accusing the company of a multi-faceted, illegal effort to market OxyContin in Pennsylvania.
Cameron LNG reaches final commissioning stage of first liquefaction train
Sempra Energy Cameron LNGWednesday May 15, 2019 8:35AM ET
Sempra Energy celebrated the completion of construction of Train 1 of the Cameron LNG export project in Hackberry, La., with a group of international, federal, state and local officials, including the U.S. president and members of the U.S. administration.
DaikyoNishikawa to locate first U.S. facility in Alabama
DaikyoNishikawaWednesday May 15, 2019 8:05AM ET
Japan-based DaikyoNishikawa US plans to invest $110 million to open an auto parts manufacturing facility in Huntsville to serve the Mazda Toyota Manufacturing U.S.A. assembly plant now under construction.
IKEA perseveres in attempts to collect $1.2 million from ex-presidential candidate Grudinin
IKEA MosWednesday May 15, 2019 7:41AM ET
IKEA\'s Russian division IKEA Mos has appealed against a court’s refusal to recover 79.5 million rubles ($1.2 million) from ex-presidential candidate Pavel Grudinin\'s TT Development company, according to court records.
Transaero employees seek $6.172 million wage debt recovery from ex CEO
TransaeroWednesday May 15, 2019 7:40AM ET
Transaero air carrier employees have asked the Commercial Court of St. Petersburg and Leningrad Region to recover a wage debt from the former airline’s CEO Alexander Burdin charged with non-payment of salary totaling to 400 million rubles ($6.172 million), according to court records.
Screen maker Japan Display would slash about 1,000 jobs
Japan Display to cut jobsWednesday May 15, 2019 6:50AM ET
Cash-strapped screen maker Japan Display posted a ninth consecutive quarterly net loss, hit by weaker-than-expected demand from Apple Inc, its biggest client.
British Steel seeks second loan from UK government
British Steel UKWednesday May 15, 2019 6:20AM ET
British Steel is seeking a second loan from the UK government to help it address \"Brexit-related issues.\"
Kenya Pipeline to spend millions over oil leak detection blunder
Kenya PipelineWednesday May 15, 2019 5:35AM ET
A costly blunder during the construction of a Sh48 billion pipeline from Mombasa to Nairobi is set to bleed Kenya Pipeline Company more money after an oil spill occurred in Makueni barely a year into its operation.
Boston Beer Company and Dogfish Head Brewery to merge
Boston Beer CompanyWednesday May 15, 2019 5:20AM ET
The Boston Beer Company and Dogfish Head Brewery announced that the companies have signed a definitive merger agreement, bringing together two pioneering independent Craft breweries and two illustrious founders and brewers, Jim Koch and Sam Calagione.
Prostar to acquire oil storage terminal facility for about $250 million
The Saint Eustatius TerminalWednesday May 15, 2019 4:30AM ET
Prostar Capital announced that it has signed a definitive agreement to acquire 100% of an oil storage terminal facility on Saint Eustatius from NuStar Energy.
Dutch prosecutors demand Shell pays $3 million fine for 2014 plant blast
ShellTuesday May 14, 2019 3:49PM ET
Dutch prosecutors said Royal Dutch Shell should pay a fine of 2.7 million euros (2.34 million pounds) for failing to prevent an explosion at its Moerdijk facility in 2014 and for breaching emissions limits at the plant.
Cow and Gate baby food on sale in Ireland urgently recalled
Cow and Gate's Cheesy Broccoli BakeTuesday May 14, 2019 9:11AM ET
A batch of baby food on sale in Ireland has been recalled by over safety fears.
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