Top News & Analysis Oklahoma

  • TOKYO, Sept 11- Oil prices rose on Wednesday after an industry report showed that crude stockpiles in the U.S. fell last week by more than twice the amount that analysts had forecast. Brent crude futures rose 43 cents, or 0.7%, to $62.81 a barrel by 0053 GMT, while WTI futures were up 47 cents, or 0.8%, to $57.87 a barrel. Prices had ended lower on Tuesday, squeezed by...

  • CUPERTINO, Calif., Sept 10- Apple Inc caught up with hardware rivals on Tuesday by revealing a triple-camera iPhone, and it rolled out a streaming TV service priced at $5 a month, undercutting Disney and Netflix. "I think the pricing on the Apple TV service was definitely a positive surprise," said Michael James, managing director of equity trading at Wedbush...

  • CUPERTINO, Calif., Sept 10- Apple Inc on Tuesday revealed a triple-camera iPhone, matching a feature rivals already have, and rolled out a streaming TV service priced to undercut Disney and Netflix. Prices start at $699, down from last year's new iPhone that started at $749. It can create videos with all three back cameras and the front camera at the same time and...

  • NEW YORK, Sept 5- U.S. oil inventories fell across the board last week, with crude drawing down for a third consecutive week despite a jump in imports, the Energy Information Administration said on Thursday. U.S. crude was up $1.25 a barrel at $57.51 by 11:31 a.m. EDT. "We ripped higher- it's definitely a bullish report all around," said Bob Yawger, director of energy...

  • TOKYO, Sept 5- Oil prices eased on Thursday after a report showed U.S. crude inventories rose against expectations, even as Washington and Beijing confirmed they would hold ministerial level talks to try resolve a prolonged trade war. Crude, which surged more than 4% in the previous session after strong data from China, opened lower after data late on Wednesday...

  • TOKYO, Sept 5- Oil prices rose on Thursday, rebounding from earlier losses, after the U.S. confirmed that talks with China to reach a trade agreement would be held in the coming weeks, giving hope that a dispute that has roiled global economies will be resolved. Brent crude was up 21 cents, or 0.4%, at $60.91 a barrel by 0301 GMT. Trade Representative Robert Lighthizer...

  • Brent crude was down 18 cents, or 0.3%, at $60.52 a barrel by 0040 GMT. "Oil bulls can't seemingly catch a break after the rally sapping surprising build in the American Petroleum Institute oil inventory survey has throttled WTI upward momentum dead in its tracks," said Stephen Innes, Asia Pacific market strategist at AxiTrader. U.S. crude stocks rose last week, while...

  • TOKYO, Aug 30- Oil took a breather on Friday after three days of solid gains, but was set for its strongest week since early July, boosted by a decline in U.S inventories and a looming hurricane in Florida, while new signs of trade talks emerged. Brent crude was down 7 cents, or 0.1%, at $61.01, by 0236 GMT after adding 1% on Thursday. The approach of Hurricane Dorian toward...

  • TOKYO, Aug 30- Oil prices eased on Friday after three days of gains, with concerns about the state of the global economy amid the U.S.- China trade war keeping prices in check. The approach of Hurricane Dorian toward Florida raised fears that offshore U.S. crude producers may slow output if the storm passes into the Gulf of Mexico over the weekend.

  • *Hurricane Dorian brings fears of impact on Gulf of Mexico output. The approach of Hurricane Dorian toward Florida also raised fears that offshore U.S. crude producers may slow output if the storm passes into the Gulf of Mexico over the weekend, analysts said. West Texas International crude was up 82 cents, or 1.5%, at $56.60 a barrel by 10:48 a.m. CDT.

  • A job seeker talks to a Johnson & Johnson job recruiter at a career fair in Washington, D.C.

    Moody's revised its outlook on J&J's top-tier credit rating to "negative" from "stable" reflecting the company's financial exposure to opioid-related litigation.

  • A severe storm hit central Oklahoma and flooded busy roads. Traffic came to a standstill as the storm left drivers stranded, and the traffic lights at some intersections failed when power was knocked out. Oklahoma City Public Schools canceled classes due to the storms.

  • NORMAN, Okla./ BOSTON Aug 26- An Oklahoma judge on Monday ordered Johnson& Johnson to pay $572.1 million to the state for its part in fueling an opioid epidemic by deceptively marketing addictive painkillers, a sum that was substantially less than investors had expected, driving up J&J's shares. "The expectation was this was going to be a $1.5 billion to $2 billion...

  • Judge orders JNJ to pay $572M in opioid case

    A landmark decision in Oklahoma vs. Johnson & Johnson. With CNBC's Meg Tirrell and Brian Sullivan, and the Fast Money traders, Tim Seymour, Brian Kelly, Mark Tepper and Carter Worth.

  • Aug 26- An Oklahoma judge on Monday ruled that Johnson& Johnson was liable for its part in fueling the opioid epidemic and ordered the drugmaker to pay $572 million following a trial in a lawsuit brought by the state's attorney general. Opioids were involved in almost 400,000 overdose deaths from 1999 to 2017, according to the U.S. Centers for Disease Control and...

  • NORMAN, Okla., Aug 26- An Oklahoma judge on Monday found Johnson& Johnson liable for fueling an opioid epidemic in the state by deceptively marketing addictive painkillers, and ordered the drugmaker to pay $572.1 million. "The expectation was this was going to be a $1.5 billion to $2 billion fine," said Jared Holz, healthcare strategist for Jefferies.

  • A Johnson & Johnson building is shown in Irvine, California.

    Johnson & Johnson, which was the only defendant in the seven-week trial, said it's going to appeal the decision.

  • In this Monday, July 8, 2019 file photo, Judge Thad Balkman speaks during Oklahoma's case blaming consumer products giant Johnson & Johnson and its subsidiaries for the state's opioid drug crisis, in Norman, Okla.

    J&J, which marketed the opioid painkillers Duragesic and Nucynta, has denied any wrongdoing.

  • Aug 26- An Oklahoma judge on Monday will decide whether Johnson& Johnson should be held liable in a $17 billion lawsuit alleging the drugmaker's marketing practices fueled the opioid epidemic by causing a flood of painkillers in the market. Judge Thad Balkman, of Cleveland County District Court in Norman, Oklahoma, is scheduled to announce his decision from the...

  • *Disney plans additional 40 stores by Oct 2020. Disney stores will launch inside Target in major cities such as Philadelphia, Denver and Chicago. Guests can browse and purchase Disney store specialty merchandise from Disney, Pixar, Marvel and Star Wars, at select Target locations, the Target statement said.