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Woman awarded $40 million in Calif talc suit against Avon

  Bloomberg Avon Products Inc was ordered by a California jury to pay $10.3 million in punitive damages to a woman who blamed her cancer on talc in its cosmetics, in the first such case the company has lost in US litigation. The Los Angeles Superior Court jury that punished Avon for hiding the risks that some of its talc-based ...

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American to drop Mesa Air as partner

Bloomberg American Airlines Group Inc said it will wind down its partnership with Mesa Air Group Inc on concern about reliability at the regional airline, which has been struggling to hire pilots during an industry-wide shortage. “Mesa Airlines has experienced various financial and operational difficulties this year,” Derek Kerr, American’s chief financial officer, said in a memo. “We have concerns ...

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Ruto keen to sell government’s entire stake in Kenya Airways

  Bloomberg Kenya’s government is prepared to sell its entire stake in the East African nation’s loss-making airline, newly elected President William Ruto said. “I’m willing to sell the whole” of Kenya Airways Plc, Ruto said in an interview on the sidelines of the US-Africa Leaders Summit in Washington. “I’m not in the business of running an airline that just ...

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