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...J&J was valued at $367bn, as of market close in New York on Thursday....
...Earlier this year, it announced a plan to increase international co-ordination of its investments in technology....
...Chris Rossbach, a fund manager at J Stern & Co, said it had voted in favour of Disney’s board recommendations....
...Even so, Rich Kerr, an attorney who co-leads the digital assets team at law firm K&L Gates, is optimistic that the new crop of spot bitcoin ETFs might be easier to approve than expected....
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...“Many of the medicines selected for price setting already have significant rebates and discounts due to the robust private market negotiation that [already] occurs,” said Stephen J Ubl, Phrma chief executive...
...Pilot, which also operates the Flying J brand, sells fuel, food and merchandise to truckers and provides showers among other services....
...On Monday J&J shares fell about 4 per cent — or $17bn — of value on fears the talc litigation could continue for years....
...This business is aiming to merge with L Catterton Asia Acquisition Corp, a special purpose acquisition vehicle, or Spac, listed on the Nasdaq exchange and founded by LVMH-backed investment group L Catterton...
...Joe Gebbia, Airbnb co-founder I have a collection of midcentury modern chairs....
...Estée Lauder has not been alone on that front, with cosmetics peer L’Oréal feeling the effects in its latest quarter of a muted recovery in China and a fall in travel retail in Asia....
...Janssen is the pharmaceutical division of J&J....
...Christopher Rossbach, chief investment officer of longtime Berkshire shareholder J Stern & Co, said investors would have to wait to see whether the executives who have worked side-by-side with the two men...
...Goldman Sachs co-head of Latin America Ricardo Mora is leaving the bank, DD reports....
...To manage the growing liability, J&J deployed a controversial bankruptcy manoeuvre known as the Texas two-step....
...A major skincare surprise came via The Outset, co-founded by actor Scarlett Johansson....
...The lead plaintiff is an individual, Richard J....
...Commended DBS Bank O: 7; L: 9; I: 6; Total: 22 The legal team has been put in charge of the bank’s response to the metaverse....
...J&J could not be immediately reached for comment on the Kenvue offering....
...It did not matter that J&J was offering heavy financial backing....
...By contrast J&J, which gets 84 per cent of its revenue from pharma and medical device sales, trades at about 18 times. J&J would keep at least 80.1 per cent of the voting shares after the spin-off....
...In March a judge dismissed J&J’s first attempt to use the bankruptcy courts to manage claims that its talcum powder could cause cancer....
...These included the top lot of the art auction, another Monet — “Peupliers au bord de l’Epte, temps couvert” (1891) — for $26.5mn ($30.8mn with fees, est $30mn-$40mn)....
...This time round, J&J has attempted to avoid a technical violation of the financial distress requirement....
...Under this strategy J&J had created a $2bn fund to compensate victims....
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