Johnson & Johnson baby powder is displayed in San Anselmo, California.Justin Sullivan | Getty ImagesA Johnson & Johnson subsidiary filed for bankruptcy for a third time on Friday as the healthcare giant seeks to advance an approximately $8 billion proposed settlement that would end tens of thousands of lawsuits alleging that the company’s baby powder and other talc products caused cancer.J&J’s Red River Talc unit made its filing in the U.S. Bankruptcy Court for the Southern District of Texas. J&J faces lawsuits from more than 62,000 claimants who alleged that its baby powder and other talc products were contaminated with…
Author: usaeverydaylife
A mural is displayed in an alley downtown on September 16, 2024 in Springfield, Ohio. Luke Sharrett | Getty ImagesFormer President Donald Trump and running mate JD Vance’s unfounded claims about Haitian immigrants in Springfield, Ohio weaken the Republican Party’s border message, Ohio Governor Mike DeWine wrote in an op-ed published Friday.”The Biden administration’s failure to control the southern border is a very important issue that Mr. Trump and Mr. Vance are talking about and one that the American people are rightfully deeply concerned about,” DeWine, a Republican, wrote in the New York Times.”But their verbal attacks against these Haitians —…
Former CEO for Boeing’s defense, space and security subdivision Ted Colbert speaks during a press conference in Dubai on Nov. 16, 2019.Karim Sahib | AFP | Getty ImagesThe head of Boeing’s defense unit Ted Colbert is leaving the company effective immediately, said CEO Kelly Ortberg, marking his first major executive change since he took the top job in early August.”At this critical juncture, our priority is to restore the trust of our customers and meet the high standards they expect of us to enable their critical missions around the world,” Ortberg said in a staff memo on Friday. “Working together…
NEW YORK — It took until the final day of the 2024 WNBA season for the playoff bracket to be settled, but the Atlanta Dream claimed the eighth and final postseason spot on Thursday night with a 78-67 over the New York Liberty.Atlanta entered the evening needing a win to clinch its second consecutive playoff berth. While New York had clinched the No. 1 overall seed on Tuesday night, the Liberty still played a regular rotation throughout the first half and began the third quarter with four of their usual starters still in action.Dream center Tina Charles finished the victory…
Next week could be critical in determining whether stocks at all-time highs can sustain their momentum, at least for a little while longer. The Dow Jones Industrial Average topped 42,000 this week for the first time ever, while the S & P 500 breached the 5,700 milestone, after the Federal Reserve cut interest rates by a half-percentage point. But the next several trading sessions could determine whether the big post-Fed rally can continue, especially as investors brace for October — a historically weak period for equities that could be even more volatile than usual because of the approaching U.S. presidential…
It is not an accident that you are seeing more in-uniform interviews from NFL players this season. Here’s why: Last May, the NFL broadcasting department sent out a memo on the topic to the league’s chief executives, club presidents, general managers, head coaches and public relations directors. The memo outlined access changes for the NFL’s television partners after a review between the league and its media rights holders. The shared goal? To enhance the game content that we see as NFL viewers.The key additions, as per the memo:• In-game coach interviews for all games;• Pregame player interviews for all games;•…
It is a watershed moment in the history of the U.S. nuclear industry. Constellation Energy plans to restart the Three Mile Island nuclear plant , with operations slated to resume in 2028 subject to approval by the Nuclear Regulatory Commission. Its stock has surged nearly 20% on the news. The deep pockets of Microsoft will breathe new life into the plant. The tech company signed a 20-year agreement to purchase clean power from the plant to offset emissions from its artificial intelligence data centers. The Three Mile Island restart is not just a milestone for Constellation. It demonstrates the growing…
Investors don’t need to worry that the market got out over its skis on interest rate cuts, according to Bank of America. The S & P 500 rallied to all-time highs this week after the Federal Reserve issued its first interest rate decrease in four years. Rate cuts are typically considered good news for investors because the action lowers the cost of borrowing money, which can in turn juice corporate profits. But some have wondered if post-cut gains would be capped given how much stocks ran up into the announcement. However, Bank of America strategist Savita Subramanian said data going…
College football conference play is (mostly) underway and the stakes will be raised accordingly. The sport dips its toes this weekend with ranked matchups in the Big Ten, Big 12 and SEC featuring College Football Playoff favorites and some remaining question marks.Let’s rank the top 10 games of Week 4, starting with a few honorable mentions and counting down.Honorable Mention: JMU at North Carolina, Rutgers at Virginia Tech, Memphis at Navy, TCU at SMU, Iowa at Minnesota(All point spreads come from BetMGM; click here for live odds. All kickoff times are Eastern and on Saturday unless otherwise noted.)10. San Jose…
Qualcomm CEO Cristiano Amon speaks at COMPUTEX forum in Taipei, Taiwan June 3, 2024. Ann Wang | ReutersQualcomm approached Intel about a takeover in recent days, the Wall Street Journal reported on Friday, citing people familiar with the matter. Intel shares rose 8% on the report. The deal, if it were to happen, would be one of the largest technology mergers ever. Intel has a market cap of around $96 billion.It would cap off a dire stretch for Intel. The company’s stock had its biggest one-day drop in over 50 years in August after the firm reported disappointing earnings. Intel stock…
