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Johnson & Johnson effort to resolve talc cancer lawsuits in bankruptcy fails a second time
31/07/2023

Johnson & Johnson effort to resolve talc cancer lawsuits in bankruptcy fails a second time

The decision jeopardizes J&J's proposed $8.9 billion settlement that would stop new lawsuits over its talc baby powder and other products from being filed.

The fight over a bill targeting credit card fees pits payment companies against retailers
31/07/2023

The fight over a bill targeting credit card fees pits payment companies against retailers

Bipartisan support for the Credit Card Competition Act has surged since it was introduced last year.

‘Barbenheimer’ tops $235 million in domestic debut, eyes second-highest box office weekend ever
24/07/2023

‘Barbenheimer’ tops $235 million in domestic debut, eyes second-highest box office weekend ever

"Barbenheimer" exploded over the weekend, generating an estimated $235.5 million in ticket sales and reinvigorating the domestic box office.

Johnson & Johnson to reduce its Kenvue stake by at least 80% through exchange offer
24/07/2023

Johnson & Johnson to reduce its Kenvue stake by at least 80% through exchange offer

J&J said it received a waiver that dismisses the share lockup period associated with Kenvue's initial public offering in May.

Ford cuts prices on its electric F-150 Lightning pickups by as much as $10,000
17/07/2023

Ford cuts prices on its electric F-150 Lightning pickups by as much as $10,000

Ford said lower mineral costs and an expected production boost allowed it to cut the electric truck's prices.

The media industry is in turmoil, and that’s not changing anytime soon
17/07/2023

The media industry is in turmoil, and that’s not changing anytime soon

Netflix will kick off media earnings season this week as the industry reckons with one of its most tumultuous periods in years.

Charter will offer a cheaper, sports-lite cable TV option to reflect changing landscape
11/07/2023

Charter will offer a cheaper, sports-lite cable TV option to reflect changing landscape

Charter Communications said it's revamping its cable TV model, allowing customers to opt into a cheaper, sports-lite package.

Boeing delivers 60 airplanes in June, racks up hundreds of new orders with Air India deal
11/07/2023

Boeing delivers 60 airplanes in June, racks up hundreds of new orders with Air India deal

Boeing is trying to ramp up production on some of its best-selling planes.

A U.S. recession is coming this year, HSBC warns — with Europe to follow in 2024
04/07/2023

A U.S. recession is coming this year, HSBC warns — with Europe to follow in 2024

The U.S. will enter a downturn in the fourth quarter, followed by a "year of contraction and a European recession in 2024," according to HSBC Asset Management.

Key Fed inflation measure shows prices rose just 0.3% in May
04/07/2023

Key Fed inflation measure shows prices rose just 0.3% in May

The personal consumption expenditures price index excluding food and energy was expected to increase 0.3% in May and 4.7% from a year ago.

Moderna files for FDA approval of updated Covid vaccine for fall
23/06/2023

Moderna files for FDA approval of updated Covid vaccine for fall

Moderna said the submission is based on the FDA's recommendation that vaccine makers update their jabs to target omicron subvariant XBB.1.5.

Neuralink competitor Precision Neuroscience conducts its first clinical study to map human brain signals
23/06/2023

Neuralink competitor Precision Neuroscience conducts its first clinical study to map human brain signals

Founded in 2021 by a co-founder of Neuralink, Precision Neuroscience is an industry competitor that recently conducted its first-ever in-human clinical study.

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