U.S. Markets closed

Lawsuit filed in Ohio's child cancer cluster case

CLYDE, Ohio (AP) -- Lawyers in Ohio filed a $750 million class action lawsuit Thursday against Whirlpool Corp. that's related to a child cancer cluster between Toledo and Cleveland.

The lawsuit attempts to link Whirlpool and others to the cancer cluster, though the families of the children who've been diagnosed with cancer aren't involved.

Three families filed the suit, including a man whose wife died at age 23 a year after she was diagnosed with cancer.

The U.S. EPA has said high levels of a chemical believed to increase the risk of certain cancers were found in soil samples from a former park Whirlpool once owned near the town of Clyde. Whirlpool has a washing machine factory in Clyde.

The findings, though, didn't link the contaminants with the cancer cluster that has been under investigation by state and federal agencies for more than six years. Nearly 40 young people have been diagnosed with cancer since the mid-1990s in the area.

Benton Harbor, Mich.-based Whirlpool hasn't been directly connected to the chemical found in the tests. A statement from the company said that it's reviewing the lawsuit.

"As a member of the community for over 60 years, with more than 3,000 employees in the area, we are also very interested in figuring out the facts behind this ongoing issue," the statement said.

Families whose children have been among the dozens sickened in an Ohio cancer cluster have hired a private company to test several spots around the area in northern Ohio.

Still, the odds are against coming up with an answer because pinpointing the cause of a cancer cluster rarely happens.

  • George H.W. Bush Honored His Wife in a Subtle Way at Her Funeral
    News
    Time

    George H.W. Bush Honored His Wife in a Subtle Way at Her Funeral

    Former President George H.W. Bush paid a subtle tribute to his late wife, Barbara Bush, at her funeral on Saturday. The former president wore a pair of socks decorated with stacks of colorful books, in a nod to his partner’s longstanding commitment to advancing literacy. George H.W. Bush wore socks with books on them in dedication to Barbara at her funeral today.

  • 25% of Baby Boomers Plan to Retire Before Age 65. Here's What You Need to Know if You're One of Them
    Business
    Motley Fool

    25% of Baby Boomers Plan to Retire Before Age 65. Here's What You Need to Know if You're One of Them

    In fact, a good 25% of employed baby boomers think they'll retire prior to age 65, according to new data from the Insured Retirement Institute. Your Social Security benefits are calculated based on what you earned during your top 35 working years, but once your full monthly benefit amount is established, you can only collect it in full upon reaching full retirement age. Now you are allowed to file for Social Security as early as age 62.

  • Colorado Was the First State to Legalize Marijuana. Now Its Governor Won't Rule Out Recriminalizing It
    Politics
    Fortune

    Colorado Was the First State to Legalize Marijuana. Now Its Governor Won't Rule Out Recriminalizing It

    As cannabis enthusiasts celebrate 4/20, the unofficial stoner holiday, the state that has led the nation in legalization says it may not always be so open to the drug. Colorado Governor John Hickenlooper tells CNN he is not ruling out making marijuana illegal again, as the state’s crime rate has been rising since recreational use of the drug was made legal in 2014. As of yet, there’s no research that ties the increased crime rate to the Colorado’s recreational pot law.

  • 4 Top Stocks to Buy in April
    Business
    Motley Fool

    4 Top Stocks to Buy in April

    Oil prices are on fire, recently hitting a three-and-a-half-year high. Oil giant ExxonMobil (NYSE: XOM) stumbled into 2018 after reporting lackluster results to end last year. As a matter of fact, Exxon is currently trading at a valuation not seen since the 1980s.

  • Stay Away From All Forms of Romaine Lettuce, CDC Warns
    News
    Fortune

    Stay Away From All Forms of Romaine Lettuce, CDC Warns

    The Centers for Disease Control and Prevention (CDC) is warning customers to stay away from all forms of romaine lettuce, as the scope of its investigation into an E. coli outbreak grows. The CDC had originally traced the outbreak -- which has sickened at least 53 people across 16 states -- specifically to chopped romaine lettuce grown in the Yuma, Ariz., region. An update issued on Friday, however, says customers should also avoid whole heads and hearts of romaine, in addition to chopped lettuce, unless they can determine that it was not grown in Yuma.

  • Do Pro-Trump or Anti-Trump Books Sell Better? Here's What the Data Shows
    Politics
    Time

    Do Pro-Trump or Anti-Trump Books Sell Better? Here's What the Data Shows

    Donald Trump has made America read again. Since the beginning of the year, every New York Times bestseller has been about the 45th president, according to CNN. To answer that question, we gathered data from the Times nonfiction list of bestsellers on every book explicitly about Trump since his election in 2016.

  • Mobius says there’s a 30% correction coming for U.S. stocks
    Business
    MarketWatch

    Mobius says there’s a 30% correction coming for U.S. stocks

    Mark Mobius, the 81-year-old investment guru, believes the U.S. stock market is set for a 30% correction that would essentially wipe out the gains of the last two years. The renowned fund manager, who left Franklin Templeton, the American investment house, after more than 30 years in January, said “all the indicators” point to a large fall in the S&P 500 SPX, -0.85%  and the Dow Jones Industrial Average DJIA, -0.82%  . “I can see a 30% drop,” said Mobius, who launched one of the world’s first emerging market funds. “When consumer confidence is at an all time high, as it is in the U.S., that is not a good sign. “The market looks to me to be waiting for a trigger that will cause it to tumble. You

  • Why Warren Buffett's Hero Is Wrong About Today's Stock Market
    Business
    Motley Fool

    Why Warren Buffett's Hero Is Wrong About Today's Stock Market

    Warren Buffett has a sterling reputation as a highly successful investor, and so it carries a lot of weight when the Oracle of Omaha gives praise to his peers in the industry. One person that Buffett has expressed respect and admiration for over his years heading Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) is Jack Bogle, the founder of mutual fund giant Vanguard Group. With more than 65 years of investing experience in his own right, Bogle certainly knows plenty about the topic.

  • Neel Kashkari: Flattening yield curve shows a ‘sign of ca...
    Business
    CNBC Videos

    Neel Kashkari: Flattening yield curve shows a ‘sign of ca...

    Minneapolis Federal Reserve President Neel Kashkari discusses the U.S. economy with CNBC’s Steve Liesman.

  • Boeing delivers its first converted 737-800 cargo jet to West Atlantic Group (Photos)
    Business
    Puget Sound Business Journal

    Boeing delivers its first converted 737-800 cargo jet to West Atlantic Group (Photos)

    Boeing has converted its first 737-800 Next Generation passenger jet into a cargo aircraft and delivered it to Swedish air freight company West Atlantic Group. The conversion was done by Boeing Shanghai for the owner of the aircraft, GE Capital Aviation Services (GECAS), which is the airplane leasing and financing arm of the General Electric conglomerate. The converted freighter was flight tested and painted in Victorville, California. It will be used by West Atlantic to carry express cargo on domestic and short haul routes, Boeing said in a news release. The jet provides improved reliability, lower aircraft operating costs "and a better environmental footprint,” West Atlantic CEO Fredrik Groth

  • Cigarette Stocks Have Gotten Burned This Week. Could Things Get Even Worse for Big Tobacco?
    Business
    Fortune

    Cigarette Stocks Have Gotten Burned This Week. Could Things Get Even Worse for Big Tobacco?

    Big tobacco stocks have had one of their worst weeks in years, with Marlboro manufacturer Philip Morris International (PMI) down more than 17% (including its single biggest one-day share price decline in a decade Thursday), Altria down more than 10%, and British American Tobacco (whose subsidiaries include Camel cigarettes maker Reynolds American) down 9%. The bear run kicked off with what, for the industry, was a foreboding sign about the state of business: Philip Morris reported its tobacco shipments had fallen even more than expected.

  • Queen Elizabeth II at 92: These photos document the making of modern history
    World
    Quartz

    Queen Elizabeth II at 92: These photos document the making of modern history

    Britain’s longest-ever ruling monarch, Queen Elizabeth II, turns 92 today (April 21). Living through the terms of 21 UK prime ministers and 16 US presidents, she has reigned for 65 years as one constant in a world that has enormous change. Through photos from the year she was born to present day, here’s a look at how key moments in her life helped shape modern history, as well as what these decades have looked like through the eyes of a monarch. When the queen was a child Princess Elizabeth Alexandra Mary was born in 1926. She was the first child of the Duke and Duchess of York and was not expected to ever become queen. However, in 1936, her father Albert shockingly acceded to the throne and

  • Business
    Benzinga

    Barron's Picks And Pans: General Electric, General Mills, MLPs And More

    This weekend's Barron's cover story examines the divide between business models in the big tech space. Other featured articles show why MLPs look attractive again and what to expect in the battle over AI chips. Also: the prospects for a branded

  • Smallville Actress Arrested for Role in Alleged Sex Cult that Branded and Enslaved Women
    News
    Time

    Smallville Actress Arrested for Role in Alleged Sex Cult that Branded and Enslaved Women

    Allison Mack was accused in an indictment unsealed Friday in federal court in Brooklyn. Mack, 35, starred in The CW network’s “Smallville,” ending in 2015, but has played only minor roles since then. Prosecutors said she helped recruit women for leader Keith Raniere and his cult-like organization called NXIVM.

  • Business
    InvestorPlace

    Southern Company Leads 6 Dividend Stocks Boosting Payouts

    A strong start to earnings season helped the S&P 500 Index inch higher over the last week. Several major businesses added to the positive sentiment with announcements of higher dividends. 6 notable dividend stocks increased their payouts over the last

  • Trump rails against high oil prices, OPEC pushes back
    Business
    Reuters

    Trump rails against high oil prices, OPEC pushes back

    WASHINGTON/JEDDAH, Saudi Arabia (Reuters) - U.S. President Donald Trump accused OPEC on Friday of "artificially" boosting oil prices, drawing rebukes from some of the world's top energy exporters. "Looks like OPEC is at it again. Oil prices are artificially Very High! No good and will not be accepted!" Trump wrote on Twitter.

  • Mueller team skeptical of Giuliani claims probe will end in weeks: Gasparino
    Business
    Fox Business Videos

    Mueller team skeptical of Giuliani claims probe will end in weeks: Gasparino

    FBN's Charlie Gasparino on reports Deputy Attorney General Rod Rosenstein told President Trump he was not a target of the Mueller investigation and Rudy Giuliani's claims the probe will end in a matter of weeks.

  • 8 Long-Term Uptrend Stocks to Buy
    Business
    InvestorPlace

    8 Long-Term Uptrend Stocks to Buy

    Netflix, Inc. (NASDAQ:NFLX) has been on a mission, both in reality and in the stock market. As you can see, Netflix stock has been a beast. Over its previous highs and above $330, Netflix stock is basing nicely.

  • 5 Ways Other People Can Ruin Your Credit Score, and How to Protect Yourself
    News
    Motley Fool

    5 Ways Other People Can Ruin Your Credit Score, and How to Protect Yourself

    Here are a few of the most common ways that other people can affect your credit score, along with some ways to protect yourself. You may think that being added as an authorized user places all the responsibility on the primary cardholder, but in fact, your authorized-user status will also be reported to credit bureaus. While you aren't primarily responsible for repaying the debt, all activity associated with the account will show up on your credit report.

  • Will You Wind Up Returning to Work After Retiring? Chances Are, Yes
    Business
    Motley Fool

    Will You Wind Up Returning to Work After Retiring? Chances Are, Yes

    Countless people look forward to retirement for one key reason: not having to endure the grind of maintaining a full-time career. In a recent survey, among the 17% of adults who returned to work over the past three years after being out of the workforce for at least 12 months, 13% were retirees who resumed their careers because they needed the additional income. The average household nearing retirement has a median savings of just $17,000, according to data from the Economic Policy Institute, and in a more recent study by GOBankingRates, one-third of adults 55 and over were said to have less than $10,000 in a nest egg.

  • What's the Biggest Social Security Benefit I Can Get (and How Do I Get It)?
    Business
    Motley Fool

    What's the Biggest Social Security Benefit I Can Get (and How Do I Get It)?

    If you want to be financially secure in retirement, then making the most of Social Security can be critical in putting together a smart financial plan. The perfect retirement strategy involves a combination of Social Security benefits, private pension payments, and income from your own retirement nest egg. Social Security calculates how much money you get in monthly benefits based on your work history during your career.

  • Better Buy: Gilead Sciences, Inc. (GILD) vs. Pfizer (PFE)
    Business
    Motley Fool

    Better Buy: Gilead Sciences, Inc. (GILD) vs. Pfizer (PFE)

    Gilead Sciences (NASDAQ: GILD) and Pfizer (NYSE: PFE) face different challenges -- but there is some similarity. Gilead is trying to prove that it can return to growth despite falling sales for its blockbuster hepatitis C virus (HCV) franchise. Pfizer is attempting to move past the weight on revenue resulting from older drugs that have lost patent exclusivity.

  • Pot politics: Schumer joins politicians rethinking marijuana
    News
    Associated Press

    Pot politics: Schumer joins politicians rethinking marijuana

    The top Senate Democrat is using marijuana's informal holiday to announce a change of heart about the drug, another sign of the growing political acceptance of pot. Senate Minority Leader Chuck Schumer of New York said Friday he'll introduce a bill taking marijuana off the federal list of controlled substances — in effect decriminalizing its use. Under the measure, the federal government would still enforce laws against moving pot into states where it's illegal and would still regulate advertising so it isn't aimed at children.

  • U.S. regulator permits China's ZTE to submit more evidence
    Business
    Reuters

    U.S. regulator permits China's ZTE to submit more evidence

    The U.S. Commerce Department has granted ZTE Corp's request to submit more evidence after the agency banned American companies from selling to the Chinese technology firm, a senior Commerce official said on Saturday. The U.S. Commerce Department's Bureau of Industry and Security, or BIS, this week banned American companies from selling to ZTE for seven years, saying the Chinese company had broken a settlement agreement with repeated false statements. The action was sparked by ZTE's violation of an agreement that was reached after it was caught illegally shipping U.S. goods to Iran.

  • 7 Stocks to Buy for Big May Dividend Hikes
    Finance
    InvestorPlace

    7 Stocks to Buy for Big May Dividend Hikes

    There are three – and only three – ways a company’s stock can pay us: A cash dividend. For example, if a stock pays a 3% current yield and then hikes its payout by 10%, it’s unlikely that its stock price will stagnate for long. For example let’s look at Verizon Communications Inc. (NYSE:VZ), it pays a generous dividend – but doesn’t raise it meaningfully.