Oil prices rose for a second day on Wednesday, recouping some losses after a five-day rout, on talk that OPEC could extend oil output cuts if a new coronavirus hurts demand and data showing a decline in U.S. stockpiles.
McDonald's Corp on Wednesday reported quarterly comparable sales growth and profit above market expectations, as the world's largest burger chain benefited from its revamped stores, new delivery partnerships and higher menu prices.
Approximately 210 U.S. citizens are being relocated from China's Wuhan city, the center of an outbreak of a new coronavirus, the U.S. Centers for Disease Control and Prevention said in a statement released via the U.S. embassy in Beijing on Wednesday.
OxyContin maker Purdue Pharma LP and its controlling Sackler family have been negotiating with cities, counties and states on a proposed settlement worth an estimated $10 billion to resolve more than 2,600 lawsuits alleging they helped fuel the U.S. opioid crisis.
Two Japanese nationals evacuated on the first chartered flight from Wuhan, epicenter of the coronavirus epidemic, have pneumonia symptoms but a coronavirus diagnosis has not been confirmed, hospital representatives said on Wednesday.
Bahrain supports all efforts toward achieving a just and comprehensive solution on the Palestinian issue, the foreign ministry said in a statement on Wednesday, referring to a peace plan announced by U.S President Donald Trump on Tuesday.
U.S. health insurer Anthem Inc
posted quarterly revenue that beat analyst estimates on
Wednesday, boosted by higher sales following the quicker launch
of its pharmacy benefits management business, IngenioRx.
U.S. refiner Marathon Petroleum Corp
reported a 53% fall in quarterly profit on Wednesday, as
it took a $1.2 billion pre-tax charge primarily related to
goodwill impairment in its limited partnership MPLX.
German Health Minister Jens Spahn said he expected the federal government to reach an agreement with authorities in the state of Hesse in the next few hours to get an evacuation of German citizens from China underway due to the coronavirus outbreak.
McDonald's Corp on Wednesday
reported quarterly comparable sales growth and profit above
market expectations, as the world's largest burger chain
benefited from its revamped stores, new delivery partnerships
and higher menu prices.
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