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China to Limit Exports of Antimony, Used in Batteries and Weapons, to Protect National Security
China will restrict antimony exports starting September 15, requiring licenses to safeguard national security and meet non-proliferation commitments.
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.