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US presidential election 2024
Trump aims to outraise Biden-Obama event with $33mn fundraiser
...Other perks include access to an after-party hosted by first lady Jill Biden....
March 28, 2024
Johnson & Johnson Co Inc
Johnson & Johnson proposes $6.5bn deal to settle talc cancer lawsuits
...Johnson & Johnson has offered an improved $6.5bn settlement to tens of thousands of plaintiffs claiming that its talcum powder products caused ovarian cancer, in its latest attempt to draw a line under the...
May 1, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
LexBankruptcy
Johnson & Johnson talc settlement shows limits of bankruptcy tactics Premium content
...Johnson & Johnson had received scorn for executing the so-called Texas Two-Step bankruptcy strategy. The healthcare titan was facing thousands of claims about allegedly carcinogenic talcum powder....
May 1, 2024
News updates from May 1: Fed signals that rates will remain higher for longer; Yen gains amid intervention speculation
Johnson & Johnson proposes $6.5bn settlement to resolve talcum powder lawsuits
...J&J is seeking a “pre-packaged” bankruptcy, allowing the company to expedite the Chapter 11 process if 75 per cent of plaintiffs back the move....
May 1, 2024
News updates from April 5: US jobs growth outstrips forecasts in March; Thames Water parent company defaults on debt
Johnson & Johnson buys device maker Shockwave for $13bn
...Johnson & Johnson has struck a deal to buy medical device maker Shockwave Medical for $13.1bn, as the healthcare giant pursues acquisitions to bolster its medical technology arm....
April 5, 2024
Johnson & Johnson Co Inc
Johnson & Johnson buys device maker Shockwave for $13.1bn
...Johnson & Johnson has struck a deal to buy medical device maker Shockwave Medical for $13.1bn, as the healthcare giant puts cash to work from the spin-off of its consumer health arm to pursue acquisitions...
April 5, 2024
FT Live
Investing in America
Foreign companies as drivers of US growth, resilience and competitiveness
Tuesday, 10 DecemberHybrid Conference
Jill Rutter
Whitehall woes laid bare by Covid spats pose a serious challenge
...Case and Sedwill described Team Johnson as “wild animals”....
November 10, 2023
News updates from October 17: 2-year Treasury yields hit 17-year high, Rolls-Royce to axe more than 2,000 jobs
Johnson & Johnson raises forecasts after beating expectations
...Johnson & Johnson has raised its forecasts for the full year after it beat expectations on earnings and revenue, partly driven by soaring sales of cancer drugs in the US....
October 17, 2023
US society
‘This is like a crucible’: spectre of 1968 looms over US campus protests
...As, J Edgar Hoover, the long-time FBI director, warned in an August 1968 bulletin: “Encouraged by their ‘success’ at Columbia, the anarchists in the New Left movement are only spreading the word that they...
May 9, 2024
News updates from July 24: Credit Suisse fined $388mn over Archegos collapse; Israel passes controversial judicial overhaul law
J&J to split-off 80% of Kenvue shares
...Shareholders will soon be able to exchange some, all or none of their J&J stock for Kenvue at a 7 per cent discount. However, the exchange is subject to a limit of 8.0549 Kenvue shares....
July 24, 2023
Jill Rutter
The impoverished choice of mayor facing Londoners
...It was one rationale for David Cameron persuading Boris Johnson to run successfully in 2008, giving him a springboard to Downing Street in the process....
August 13, 2023
LexJohnson & Johnson Co Inc
Johnson & Johnson: second talc bankruptcy dismissal hits share price Premium content
...Johnson & Johnson is a very valuable company, notwithstanding its efforts to convince US federal judges of the contrary....
July 31, 2023
News updates from July 28: Bank of Japan tweaks bond buying strategy, Measures of US inflation and wage growth cool
Second court blocks J&J from using bankruptcy to resolve talc lawsuits
...Johnson & Johnson’s attempt to resolve tens of thousands of legal claims over talc powder products has been rejected for a second time....
July 28, 2023
Live news updates from July 20: Netflix and Tesla tumble, EU prepares €20bn weapons fund for Ukraine
Johnson & Johnsons raises full year profit forecast on strong sales
...Johnson & Johnson raised its full year profit forecast for 2023 on Thursday after reporting strong sales of cancer drugs and medical devices in the second quarter....
July 20, 2023
Transcript
Best Of: Inside Johnson & Johnson’s bankruptcy two-step
...J&J advertisement (Child speaking) Johnson’s baby powder from Johnson & Johnson. It’ll keep you comfortable. Take it from a baby....
May 31, 2023
FT Live
Funding Biopharma Innovation
Strategies for investing in drug development and commercialization
Wednesday, 26 June345 Park Avenue South, New York, NY, USA
Edward Luce
Democrats need to face the unavoidable truth about Biden
...The most salient example of a sitting president declining to run for a second term was Lyndon Baines Johnson in 1968....
February 9, 2024
Behind the Money podcast35 min listen
Best Of: Inside Johnson & Johnson’s bankruptcy two-step
...Clip from NBC For further reading: Johnson & Johnson’s ‘Texas-two-step’ sparks outcry over US bankruptcy regime Talc ruling a blow to J&J and the ‘Texas two-step’ bankruptcy jig Talcum powder cancer...
May 31, 2023
Johnson & Johnson Co Inc
Talcum powder cancer claims target J&J’s new consumer carve-out
...Johnson & Johnson’s newly formed consumer business has been targeted by claims that its talcum powder can cause cancer, days before it attempts to complete the largest US initial public offering in almost...
April 27, 2023
Live news updates from April 20: SpaceX rocket explodes, Nato chief makes first wartime Ukraine visit
US judge temporarily halts J&J talc lawsuit claims
...A US judge temporarily halted tens of thousands of legal claims that Johnson & Johnson’s talcum powder causes cancer from proceeding to trial on Thursday in a move that hands the company more time to agree...
April 20, 2023
Johnson & Johnson Co Inc
Johnson & Johnson consumer arm’s shares jump in biggest US IPO since 2021
...Shares of Kenvue, the consumer arm of healthcare giant Johnson & Johnson, jumped on their first day of trading after an upsized initial public offering that marked the biggest US listing in almost 18 months...
May 4, 2023
The Top LineAndrew Edgecliffe-Johnson
Musk and Barbie show just how intangible a brand can be
...Our tools for measuring such assets yield “frustratingly inconsistent, discrepant, and, therefore, controversial results”, Harvard Business School lecturer Jill Avery observed in 2018....
July 28, 2023
Johnson & Johnson Co Inc
Johnson & Johnson reports loss after taking $6.9bn charge over talc claims
...Johnson & Johnson reported a first-quarter loss as it booked a $6.9bn charge linked to its proposal to settle tens of thousands of legal claims related to allegations its talcum powder caused cancer....
April 18, 2023
Live news updates from April 18: Fox settles Dominion case for $788mn, G7 commits to tougher Russia sanctions
Johnson & Johnson reports first quarter loss after taking $6.9bn charge
...Johnson & Johnson reported a first quarter loss on Tuesday as it booked a $6.9bn charge linked to its proposal to settle tens of thousands legal claims that its talcum powder caused cancer....
April 18, 2023
US presidential election 2024
Could the Democrats replace Joe Biden?
...Robert F Kennedy Jr — son of the 1968 candidate — has already launched an independent bid, and Jill Stein and Cornel West have mounted their own campaigns from the left....
February 9, 2024
Live news updates from April 5: Silvio Berlusconi admitted to hospital, Nicola Sturgeon’s husband arrested
Claimants in J&J talc powder cancer case agree to support $8.9bn settlement
...A group of law firms representing almost 70,000 claimants who allege Johnson & Johnson’s talcum powder caused their cancers have agreed to support a $8.9bn settlement with the healthcare products company...
April 4, 2023

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