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US banks
When Wall Street’s co-heads cannot cohabitate
...As president Lyndon Johnson said in declining to remove FBI Director J. Edgar Hoover: “It’s probably better to have him inside the tent pissing out, than outside the tent pissing in.”...
February 26, 2024
FirstFT
FirstFT: Biggest US banks spend more than $1bn on severance costs
...Analysts anticipate J&J to have earned $1.97 a share in the quarter, which would represent 9 per cent in annual profit growth....
July 20, 2023
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Letter
Letter: Title sums up quandary faced by Murdoch heirs
...From what Edgecliffe-Johnson says, an English translation of Colon’s work for areas of the globe where Murdoch Sr has most influence might not be unwelcome to some parts of the family....
January 9, 2023
Due Diligence
Superstar lawyers: the poaching war between Paul Weiss and Kirkland Premium content
...Now, it appears that Johnson’s departure was part of a high-stakes international raid by US law firm Paul, Weiss, Rifkind, Wharton & Garrison on its larger peer....
August 15, 2023
The Big Read
The Biden administration takes on the US drugs industry
...Merck, BMS, J&J, Novartis and some trade groups have launched a legal broadside against them, filing lawsuits in several different courts across the US....
September 18, 2023
Live news updates from November 30: Bankman-Fried admits mistakes, US stocks record 2 months of gains
Horizon Therapeutics surges on takeover talks
...J&J agreed to buy cardiovascular technology group Abiomed for $16.6bn, including debt, earlier this month and Pfizer has acquired several biotech companies over the past 18 months....
November 30, 2022
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
Bayer AG
Activist investor Jeff Ubben urges Bayer to look for external CEO
...In a recent high-profile case, the tactic was used by Johnson & Johnson, the US pharmaceuticals group. “The Texas two-step, which is what J&J did, well OK, let’s look at that. Does it make sense?...
January 9, 2023
The Big Read
Franklin Templeton: an old-school stockpicker tries to reinvent itself
...The company began as Franklin, a Wall Street brokerage founded by Rupert Johnson Sr in 1947 and named in honour of founding father Benjamin Franklin....
January 26, 2023
Cost of living crisis
Boris Johnson hires former Just Eat executive who in January urged PM to quit
...Johnson said David Buttress, former chief executive of Just Eat, the online food delivery group, would “develop and promote initiatives that help households and families with rising costs”....
June 14, 2022
Due Diligence
‘The greatest innovation in the history of bankruptcy’ Premium content
...Two high-stakes legal actions involving J&J and 3M should soon determine whether these strategies are legal....
October 26, 2022
UK politics
No 10 accused of ‘reheating’ deals for cost of living campaign
...David Buttress, former head of food delivery group Just Eat, was last month hired by outgoing prime minister Boris Johnson to find ways to ease the cost of living....
July 21, 2022
FT Magazine
This Joshua Reynolds painting is a national treasure. Why is Britain struggling to keep it?
...Like Mai, he glided through the upper echelons of society, befriending figures such as Samuel Johnson, the statesman Edmund Burke and the actor David Garrick....
February 23, 2023
South Africa
South Africa’s leader Cyril Ramaphosa tests positive for Covid
...Rollout of third Pfizer doses and approval for J&J booster shots are expected early next year....
December 12, 2021
Life & Arts
My guide to a deglobalising world
...Companies from Johnson & Johnson to Volkswagen as well as retailers such as Chanel or Zegna are moving more production in-house, and trying to source and control more raw materials....
October 21, 2022
News in-depthBankruptcy
Houston becomes a magnet for blockbuster US bankruptcies
...J&J’s headquarters are in New Jersey....
January 12, 2022
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Due Diligence
The law firm that perfected the Texas two-step Premium content
...J&J has denied its talc contains asbestos and can cause cancer. This isn’t Jones Day’s first rodeo....
February 8, 2022
News in-depthCovid-19 vaccines
South Africa battles to boost take-up of Covid vaccines
...J&J deliveries remained sporadic, he said....
September 12, 2021
The Big Read
The inside story of the Pfizer vaccine: ‘a once-in-an-epoch windfall’
...The problems were replicated at J&J, which at one stage paused its EU rollout....
November 30, 2021
Due Diligence
Adam Neumann is throwing a WeWork party today Premium content
...Johnson & Johnson became the largest corporate so far to try to use the US bankruptcy process to limit its potential liabilities linked to tens of thousands of litigants, who claim its cosmetic talc product...
October 21, 2021
Coronavirus
Africa’s third wave: ‘What haunts me a lot is the Indian scenario’
...South Africa has ordered vaccines for about three-quarters of its population of about 58m, including 31m doses from Johnson & Johnson....
June 23, 2021
ReviewTheatre
Michael Sheen shines in Under Milk Wood at the National Theatre. Plus: Happy Days and J’Ouvert
...Alan David is particularly funny as the quietly seething Mr Pugh, dreaming of poisoning his nagging wife (Cleo Sylvestre)....
June 25, 2021
Martin Wolf
Boris Johnson’s Brexit win was a Pyrrhic victory
...Johnson’s “cakeism” was silly bravado, as is the view of David Frost, his chief negotiator, that the EU should “shake off any remaining ill will towards us for leaving, and instead build a friendly relationship...
July 6, 2021
Covid-19 vaccines
Johnson & Johnson delays vaccine rollout in Europe after US health agencies call for pause
...“This is quite a significant blow if the rollout of the J&J vaccine is delayed for several weeks,” said David Oxley, senior Europe economist at Capital Economics....
April 13, 2021
Chris Giles
Treating companies mean will not keep them keen
...chris.giles@ft.com Letter in response to this article: Businesses want to know government is not a risk / From Patrick J Allen, River Forest, IL, US...
October 14, 2021
Covid-19 vaccines
Africa will pay more for Russian Covid vaccine than ‘western’ jabs
...The AU will pay $6.75 a dose for the BioNTech/Pfizer vaccine and $10 for Johnson & Johnson’s, a single-dose product....
February 25, 2021

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