Ed Kalecki
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The company already has paid out more than $10 billion in verdicts and settlements.
It has set aside another $6 billion to deal with the litigation.
Venezuelan leader Marina Corina Machado, who emerged from hiding to accept the Nobel Peace Prize, spoke optimistically of a future democratically elected government following her meeting with President Trump, who decided to work with the current acting president of Venezuela.
Marina Carina Machado.
A down Friday and a losing week for the U.S.
equity market.
We get a wrap-up from Bloomberg's Charlie Pellett.
Those Friday numbers on Wall Street.
The Dow lost 83.
NASDAQ fell 14.
The S&P dropping 4.
The 10-year Treasury yield at 4.22%.
The two-year is at 3.59%.
That's news when you want it with Bloomberg News Now.
I'm Ed Kalecki.
This is Bloomberg.
News when you want it.
With Bloomberg News Now, I'm Ed Kalecki.
President Trump has expressed reluctance toward nominating Kevin Hassett as Federal Reserve Chair, casting further doubt over his search for the next head of the central bank.
Trump on Friday said if Hassett were to leave his post as Director of the White House National Economic Council, it would deprive the administration of one of its most powerful messengers on the economy.