Koninklijke Philips NV

Look beyond the headline jobs number

by

A Now Hiring sign hangs at a Tire Kingdom store on December 03, 2021 in Miami, Florida. Joe Raedle | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like … Read more

Philips shares fall after FDA says sleep device recall inadequate

by

Philips office building in Warsaw, Poland on July 29, 2021. (Photo by Beata Zawrzel/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Shares of Dutch health tech company Philips tumbled to the bottom of the European benchmark on Friday, after the U.S. drug regulator deemed its handling of a major product recall inadequate. The … Read more