In closing arguments on Wednesday, plaintiff's lawyer Timothy Cronin asked jurors for $6 billion in punitive damages.

The decision marks the first victory for the companies as they face more than 1,000 similar cases and previously lost trials, one of which ended with a $500 million verdict.

The ruling by a Missouri state court jury is a rare legal win for Abbott Laboratories, maker of Similac formula, and Reckitt, which owns Enfamil formula maker Mead Johnson, following their losses ...

The trial, which lasted more than a month, was the first time jurors weighed allegations about both Abbott’s Similac formula and Reckitt’s Enfamil in a single case. The case was about a boy born to ...

A lawyer for a Missouri mother on Wednesday asked a jury to make Abbott and Reckitt's Mead Johnson pay a total of more than ...

Shares of Abbott, which makes the Similac formula, rose 5.4% to $119.50 in after-hours trading Thursday. The stock ended the regular session having edged lower by 0.9% to $113.37, and is up 3% ...

We apologize, but this video has failed to load. Premature infant formulas Similac Neosure and EnfaCare, which come from two U.S. companies, have been out of stock since at least the beginning of ...

When it comes to desktop and laptop processors, the two biggest names in town are Intel and AMD. Qualcomm is making inroads, but if you want peak performance, Intel and AMD make the best ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial ...

OLED vs Mini-LED is the biggest battle in TV world. If you want one of the best TVs, it's going to come down to one of these display technologies. Both have their pros and cons, which can make it ...

This story has been updated throughout with more details as the story has developed. We will continue to do so as the case and dispute are ongoing. The world of WordPress, one of the most popular ...