Juicy Tattle

News for nerds

Mallinckrodt agrees to $1.6 billion opioid settlement, unit to seek bankruptcy

Mallinckrodt Plc on Tuesday said it had agreed to a $1.6 billion settlement proposal in which its generic drug business would file for bankruptcy in order to resolve thousands of

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Three U.S. Senate Democrats propose sweeping reforms after Boeing 737 MAX crashes

Three Democratic U.S. senators on Tuesday introduced sweeping legislation to reform how new airplanes are certified and overseen by U.S. regulators after two fatal Boeing 737 MAX crashes killed 346

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PG&E plans to raise up to $25.68 billion by selling securities

California power producer PG&E Corp said on Tuesday it plans to raise up to $25.68 billion by selling securities, as it works its way out of the bankruptcy process. The

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Stocks, oil fall further on accelerating coronavirus concerns

Stocks and oil prices tumbled again on Tuesday and the benchmark U.S. debt yield hit a record low on growing concern about the effects of the spread of coronavirus on

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Oil falls for 3rd day as virus fears accelerate on U.S. warning

Crude prices fell about 3% on Tuesday, dropping for a third day, as concerns about the spread of the coronavirus grew after the U.S. government warned Americans to prepare for

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JPMorgan executives say bank is big enough to weather any storm

JPMorgan Chase & Co (JPM.N) executives tried to reassure investors on Tuesday that the bank can thrive during times of market and economic stress, due to the sheer size and

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JPMorgan gets busy in repo lending after regulatory nod: CFO

JPMorgan Chase & Co (JPM.N) is putting more cash into overnight lending markets and holding less for a rainy day, after discussing the matter with regulators, the bank’s finance chief

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