Reuters

By Brendan Pierson

(Reuters) -Johnson & Johnson must pay $260 million to an Oregon woman who said she got mesothelioma, a deadly cancer linked to asbestos exposure, from inhaling the company's talc powder, a jury found on Monday.

The verdict in the 4th Judicial District Circuit Court in Portland comes as the company continues to pursue a proposed $6.48 billion settlement of most talc-related lawsuits against it through a prepackaged... (continue reading...)

DUBAI (Reuters) - The Qantas chief executive said on Tuesday she was confident Boeing would address the quality issues at the American planemaker, which have plunged the company into a crisis.

"I'm very confident when I speak to the Boeing leadership team that they are very focused on what they need to do to address their quality issues," Qantas CEO Vanessa Hudson told reporters at an airline industry conference in Dubai.

"Everything that... (continue reading...)

By Paul Carsten

LONDON (Reuters) -Oil prices fell more than $1 on Tuesday, extending losses from a four-month low in the previous session, as investors worried about supply rising later in the year amid signs of weakening U.S. demand.

Brent crude futures fell $1.14 cents, or 1.5%, to $77.22 a barrel at 0825 GMT. Brent on Monday closed below $80 for the first time since Feb. 7, after falling more than 3%.

U.S. West Texas... (continue reading...)

(Reuters) -Alphabet-owned Google is laying off at least 100 employees from several teams in its cloud unit, CNBC reported on Monday.

Roles in sales, operations and engineering, consulting and "go to market" strategy were some of the positions cut, the report said, citing internal correspondence.

"We continue to evolve our business to meet our customers' priorities and the significant opportunity ahead", a spokesperson for Google told Reuters... (continue reading...)

(Reuters) -Microsoft is cutting hundreds of jobs at its Azure cloud unit, Business Insider reported on Monday, adding to a flurry of layoffs seen in the technology and media industries this year.

The layoffs will impact teams including Azure for Operators and Mission Engineering, according to the report. The Azure for Operators layoffs involve as many as 1,500 job cuts, it added, citing people familiar with the situation.

"Organizational and... (continue reading...)