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Newspaper
Sun Journal
Location
New Bern, North Carolina, United States of America
Date
Sep 17, 2019
Page
9
United Airlines and Expedia Group reached a multiyear agreement to resume online ticket sales ending a standoff over distribution costs and fare data. Expedia had sued United in February over a breached contract dating to 2011.
Purdue Pharma and the Sackler family seek a multibillion dollar settlement to resolve about 2,600 lawsuits from states and local governments over the opioid crisis. The plan would transform Purdue into a hybrid charity while continuing opioid sales with profits funding cleanup and reimbursement. A court in White Plains will decide on the settlement and ongoing lawsuits with a Tuesday hearing.
The Federal Reserve appears poised for a second straight rate cut this week to shield the economy from global slowdown and Trump China tensions. Markets expect a quarter-point cut with potential further reductions as oil price volatility and Brexit uncertainty loom.
Democrats back a safeguard for the White House farm bailout program amid pressure from moderates. The plan would expedite and extend multibillion-dollar farm aid tied to Trump’s trade war with China, as lawmakers seek a clean funding bill to avert a government shutdown. Collin Peterson and other Agriculture Committee leaders insist aid must be protected for farmers.
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