Sectors
Johnson & Johnson Plans Bankruptcy Filing to Finalize $6.48 Billion Talc Settlement
Johnson & Johnson is nearly announcing a $6.48 billion settlement to resolve talc-related cancer claims, with at least 75% of claimants supporting the deal. He plans to use a bankruptcy strategy to settle all current and future claims.
New Medicare Drug Prices Set to Save $1.5 Billion for Patients in 2026
Biden administration announced that new negotiated prices for ten costly prescription drugs will save Medicare $6 billion and beneficiaries $1.5 billion starting in January 2026.
Taiwan's Foxconn Sees $1.09 Billion in Q2 Following Booming AI Server
Foxconn's second-quarter profit rose 6%, driven by strong demand for AI servers and next-generation computing solutions.
Starbucks Hires Crisis-Management Expert Brian Niccol as CEO Due to Sagging Sales
Brian Niccol, known for his crisis management skills in the fast-food industry, has been appointed CEO of Starbucks, boosting the company's stock value by $21 billion in one day.

















