Blogroll

The United States sued a unit of the drugmaker Mallinckrodt Plc on Tuesday, accusing it of defrauding Medicaid out of hundreds of millions of dollars as a result of "meteoric" price increases for its biggest-selling drug, Acthar Gel.

An Australian court on Tuesday ordered Johnson & Johnson to pay three women a total of A$2.6 million ($1.7 million) plus legal costs as compensation for misleading patients and surgeons about the risks of its pelvic mesh implants.

Ford Motor Co told employees on Tuesday it is restricting all company travel to only essential operations through March 27 as it takes measures in response to the spread of the coronavirus.

Irish authorities have confirmed a second case of coronavirus, a woman in the east of the country who recently traveled to Italy, Ireland's Department of Health announced on Tuesday.

The outbreak of the coronavirus has not impacted consumer demand for ride-hailing services, Lyft's chief financial officer said on Tuesday.

Algeria has confirmed three new cases of coronavirus, bringing to eight the total number of people tested positive for the virus, the health ministry said on Tuesday.

A man in the Spanish region of Valencia died from coronavirus, marking the country's first death from the outbreak, a local health official said on Tuesday.

U.S. President Donald Trump on Tuesday said his administration may cut off travel from the United States to areas with high rates of coronavirus, but said officials were not weighing any restrictions on domestic travel.

International travel to the United States will fall 6% over the next three months amid growing concerns about the coronavirus outbreak, the U.S. Travel Association forecast Tuesday.

Argentina Health Minister Gines Gonzalez Garcia on Tuesday confirmed the South American country's first case of the fast-spreading new coronavirus.

Major concerts and sporting events in Gulf Arab states have been canceled or postponed and Saudi Arabia stepped up health screening measures in response to the spreading coronavirus.

Fintech startup Robinhood Markets Inc said on Tuesday its free stock trading app is up and running again after a second straight day of outages.

Senegal's health ministry said a second person who flew to the West African country from France last week tested positive for coronavirus on Tuesday, taking the total number of cases in sub-Saharan Africa to three.

Finnish network equipment maker Nokia will cut up to 148 jobs in Finland in 2020 excluding its 5G development operations, it said on Tuesday evening.

United Arab Emirates announced on Tuesday that schools and higher educational institutions will be closed for four weeks starting on Sunday to avoid the spreading of coronavirus.

Millions of Chinese stuck indoors due to fears of the coronavirus epidemic are turning to mobile games to keep themselves occupied.

Italian health authorities said on Tuesday they may set up a new quarantine red zone to try to contain the country's coronavirus outbreak after the death toll and the number of cases jumped.

The Fed cut interest rates by half a percentage point on Tuesday in an attempt to stem the economic fallout from the coronavirus epidemic.

The U.S. Federal Reserve cut interest rates on Tuesday in an emergency move to shield the world's largest economy from the impact of the coronavirus, as Group of Seven finance officials pledged unspecified "appropriate" policy moves.

Kuwait Port Authority manager Sheikh Yousef Abdullah al-Nasser al-Sabah said on Tuesday that Doha port was closed to avoid interacting with ship crews coming from Iran.