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  • March 25- 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. The Oklahoma Supreme Court's decision was a win for the state's attorney general, whose case is set to be...

  • SAO PAULO, March 25- Brazil's Agriculture Ministry said on Monday the United States Department of Agriculture has communicated it plans to inspect Brazilian beef and pork processing plants between June 10 and June 28.

  • NEW YORK, March 25- Michael Avenatti, the lawyer who represented adult film star Stormy Daniels in her legal battles with U.S. Avenatti, who was also hit with separate federal charges of embezzlement and fraud in California, was arrested in New York and was scheduled to make his initial court appearance later in the day, authorities said. A former executive at Nike...

  • NEW YORK, March 25- A former Hong Kong government official was sentenced to three years in prison on Monday by a U.S. judge following his conviction for bribing officials in Chad and Uganda in exchange for contracts for a Chinese energy company. District Judge Loretta Preska in Manhattan federal court, where he had been found guilty of seven criminal charges last...

  • SAN FRANCISCO, March 25- 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.. District Judge Charles Breyer sided with Tesla, granting the electric vehicle company dismissal of the lawsuit...

  • Apple News+ readers will get a curated selection of general interest news from the Wall Street Journal, while Journal subscribers will continue to have exclusive access to its business reporting and analysis, said William Lewis, chief executive of Dow Jones and publisher of the Journal, in a memo on Monday. The financial news-focused Wall Street Journal will...

  • The Apple TV+ service features original content from Hollywood heavyweights like Steven Spielberg, J.J. Abrams and M. Night Shyamalan and will launch this fall. In addition to Apple TV+, in May Apple is launching Apple TV Channels, which will allow users to subscribe to individual streaming services. Apple TV Channels include HBO, Showtime, Starz and others, and will...

  • OTTAWA, March 25- 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. In 1965, three Boeing 727-100 passenger jets crashed in less than three months in the United States while coming into land, killing a total of 131 people. "There was nothing wrong with the airplane... if you...

  • March 25- Duke University agreed to pay $112.5 million to settle claims by a whistleblower that a former research technician knowingly submitted fake data in applications for federal research grants, the U.S. Department of Justice said on Monday. The accord resolves claims by a former Duke laboratory research analyst who said the Durham, North Carolina- based...

  • NEW YORK, March 25- 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.

  • RIO DE JANEIRO, March 25- Brazil's government will announce "within days" a deal with state-run oil company Petrobras to settle a multi-billion-dollar contract dispute and clear the way to auction billions of barrels of oil off of the Brazilian coast, a minister said on Monday. Economy Minister Paulo Guedes told journalists that his team sat down recently with...

  • HOUSTON, March 25- Royal Dutch Shell Plc and LyondellBasell Industries cut production on Monday at their Houston- area oil refineries because of shipping disruptions along a waterway affected by a petrochemical fire and spill, according to people familiar with the matter. A fire and fuel leak at Mitsui& Co Inc's Intercontinental Terminals Co storage facility...

  • Canoo is positioning itself as a "boutique California EV brand" and said it will start sales in the United States in 2021, eventually expanding to China. The company, one of dozens of EV startups in the United States and China, has not disclosed its investors but has raised about $1 billion, according to a source familiar with the process. In mid-March, German...

  • *OPEC, Russia crude output: https://tmsnrt.rs/2CHr95d. Brent crude oil futures settled at $67.21 a barrel, up 18 cents, while U.S. crude fell to $58.82 a barrel, down 22 cents. The market is now looking ahead to weekly data on U.S. crude inventories, McGillian said, beginning with Tuesday's report from the American Petroleum Institute, an industry group, followed by...

  • PARIS, March 25- French activist fund CIAM will ask reinsurance company SCOR's CEO Denis Kessler to surrender the chairmanship of the company's board after he thwarted a takeover attempt earlier this year. CIAM, which has just under one percent of SCOR, will ask the reinsurer's shareholders to oust Kessler from the board at the next general meeting on April 26.

  • CUPERTINO, Calif., March 25- 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. The move could be seen as a first step to challenging streaming video leaders Netflix and Amazon, although Apple is...

  • Apple News+ readers will get a curated selection of general interest news from the Wall Street Journal, while Journal subscribers will continue to have exclusive access to its business reporting and analysis, said William Lewis, chief executive of Dow Jones and publisher of the Journal, in a memo on Monday. The financial news-focused Wall Street Journal will...

  • LIMA, March 25- An indigenous community in Peru will not take part in negotiations aimed at ending its blockade of a road used by Chinese copper miner MMG Ltd until its leader is freed from jail, the community's second-in-command said on Monday. The arrests have triggered an outcry from other communities in Peru's southern copper belt, threatening to broaden a...

  • NEW YORK, March 25- The euro gained on Monday as a stronger-than-forecast German business confidence survey allayed some fears about a recession and pulled the safe-haven yen from a six-week high against the dollar. "On Friday we were looking into the abyss," said Marc Chandler, chief market strategist at Bannockburn Global Forex LLC in New York.

  • Canada is the single largest supplier of both aluminum and steel to the United States. Freeland said it made no sense to retain the tariffs, given that the U.S.- Mexico- Canada free trade agreement had been formally signed last November. Washington worries that countries could try to ship supplies through Canada and pretend the metals had been produced in...