Samsung to reveal cause of Galaxy Note 7 fires in Seoul conference
Samsung plans a Monday news conference in Seoul to disclose what triggered Galaxy Note 7 fires. Reports cite initial battery irregularities and a later manufacturing flaw in replacement phones, with investigation by Samsung and outside experts.
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Stocks edge higher as Trump sworn in prompts trading
Materials firms lead gains on Friday as U S stocks rise but end the week lower. Dow climbs 94.85 points to 19827 25 while the S P 500 adds 7.62 and the Nasdaq 15.25, amid focus on Trump speech and trade policy.
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Walgreens to pay 50 million in fraud settlement with government
Walgreens agrees to pay 46.2 million to the federal government and 3.79 million to states to settle false claims claims over discount club enrollments for Medicare Medicaid and Tricare beneficiaries. The action follows a whistleblower case led by Marc Baker who will receive 9.7 million.
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P&G profits rise as premium lines lift results
Procter & Gamble reports stronger earnings driven by premium skin care grooming and home care lines with SK II and Tide pods boosting sales. Organic growth up 2 percent overall with beauty up 3 and health care up 7 driven by oral care innovation.
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