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J&J begins crucial battle over $10 billion baby powder settlement

J&J begins crucial battle over $10 billion baby powder settlement

By Dietrich Knauth NEW YORK (Reuters) - Johnson & Johnson (NYSE:JNJ) faces a critical test on Tuesday over its $10 billion proposal to end litigation alleging that its baby powder caused ovarian cancer, as it tries to convince a judge to sign off on its third attempt to resolve thousands of lawsuits through a subsidiary's bankruptcy. U.S. Bankruptcy Judge Christopher Lopez in Houston will dec ...

2025-02-18 19:27:53
Trump administration's NIH layoffs total 1,165 people, internal email shows

Trump administration's NIH layoffs total 1,165 people, internal email shows

By Ahmed Aboulenein WASHINGTON (Reuters) - The number of workers terminated by the Trump administration at the National Institutes of Health has been revised to 1,165, according to an NIH internal email seen by Reuters on Sunday, down from an initial 1,500. The email, sent to senior NIH leaders on Saturday night, said some names were removed from the list but new ones may have been added. Affecte ...

2025-02-17 06:56:19
Israel stocks higher at close of trade; TA 35 up 0.08%

Israel stocks higher at close of trade; TA 35 up 0.08%

Investing.com – Israel stocks were higher after the close on Sunday, as gains in the Oil & Gas, Financials and Insurance sectors led shares higher. At the close in Tel Aviv, the TA 35 gained 0.08%. The best performers of the session on the TA 35 were Newmed Energy LP (TASE:NWMDp), which rose 3.90% or 52.00 points to trade at 1,385.00 at the close. Meanwhile, Energean Oil & Gas PLC (TAS ...

2025-02-17 06:56:19
Argentina’s opposition threatens impeachment trial after Milei touts crypto coin

Argentina’s opposition threatens impeachment trial after Milei touts crypto coin

(This Feb.15 story has been refiled to correct the spelling of the crypto coin to $LIBRA, not $LIBRE, in paragraph 2) BUENOS AIRES (Reuters) - Argentine President Javier Milei could face an impeachment trial in Congress, opposition lawmakers said on Saturday, after the libertarian leader touted a cryptocurrency which crashed soon after. Milei late on Friday posted on X recommending the little-kno ...

2025-02-17 06:56:19