Legal & Regulatory
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.
Trump Seeks $100M in Damages Against DOJ Over FBI Mar-a-Lago Search
Donald Trump plans to file a $100 million lawsuit against the DOJ and FBI, alleging political bias in their search of his Mar-a-Lago estate.
Over $2.3 Billion US, EU Banknote Flowed to Russia Despite Sanctions
Around $2.3 billion in dollar and euro banknotes have entered Russia since March 2022, with the country circumventing US sanctions through intermediary countries.