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...Reckitt previously sought a sale of the business in 2022. Speaking to the Financial Times following the Illinois verdict, Licht did not confirm or deny that the company was exploring a sale again....
...“We won’t just sue, it will be extremely loud and we will go after the boards of directors of the companies too.”...
...The jury in an Illinois state court came to the conclusion that one of its formulas for premature babies, Enfamil Premature 24, which is manufactured by Reckitt’s US infant formula business Mead Johnson,...
...Rivian is pausing construction of a new factory in Georgia and instead plans to build its new, less expensive sport utility vehicle at its plant in Illinois....
...The company will save $2.6bn by launching the SUV from Normal, Illinois rather than Georgia and would expand the Midwestern plant’s capacity to 215,000 vehicles per year, according to the filing....
...The company can either seek a post-trial dismissal motion or, if that fails, appeal to an Illinois district appellate court....
...Reckitt shares were set for a historic plunge as investors considered the potential fallout after a court awarded $60mn in damages to an Illinois woman who said her baby died after consuming the company’...
...US lender Capital One is nearing a deal to buy rival Discover Financial, according to two people familiar with the matter, in a tie-up that would unite two of America’s largest credit card companies....
...Instead he is working illegally for a delivery company that pays him only $80 for a 12-hour day, and trying to get a lawyer to take his case....
...Boeing has withdrawn a request that would have expedited official approval for its upcoming 737 Max 7 jet amid a deepening crisis at the company following the blowout of a section of fuselage on one of its...
...An Illinois court on Friday awarded $60mn in damages to a mother whose child died after consuming Enfamil baby formula....
...The open interest marker, a sign of the depth and liquidity of a futures market, has enabled CME to leapfrog Binance as the world’s largest exchange for trading derivatives of bitcoin....
...Companies: LVMH reports its first-quarter sales as succession plans at the world’s biggest luxury group speed up. Bank of America, Johnson & Johnson and Morgan Stanley report earnings....
...However, the share prices of the credit card companies tell you that not all card companies will be affected equally. Read more here....
...The merger between Virginia-based Capital One and Illinois-based Discover would shake up the US credit card landscape and mark one of the industry’s biggest deals since the 2008 financial crisis....
...The California-based company, which produces its cars in Illinois, delivered 13,972 EVs in the final three months of 2023, missing analyst expectations of 14,114, as compiled by Bloomberg....
...The incident, which involved the Max 9 model, has dealt a heavy blow to Boeing’s reputation and raised numerous safety and quality control questions at the company....
...Biden was speaking to members of the United Auto Workers during a trip to meet UAW president Shawn Fain in Belvidere, Illinois, a town about 90 minutes north-west of Chicago which is home to a Stellantis...
...“What is most important is that it kills antibiotic-resistant strains in animals,” said Yury Polikanov, co-author of the research and an associate professor of biological sciences at the University of Illinois...
...A complaint filed to an Illinois court in November last year alleged that the company breached state privacy law by failing to appropriately disclose how it collects and stores this data, which prospective...
...storage site in Illinois....
...That led the Illinois-based company to pencil in fiscal year 2024 earnings of between $7.75bn and $8.25bn, below analysts’ expectations for $9.33bn....
...Spotting an electric truck on the road remains a novelty in most of the US, but not Normal, Illinois....
...Zosurabalpin’s emergence “opens the door” to tackling the broader Gram-negative pathogen group, according to Morgan Gugger and Prof Paul Hergenrother of Illinois university, who were not involved in the...
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