Johnson & Johnson's strategy to use bankruptcy to resolve the multibillion-dollar litigation over claims its talc products cause cancer was rejected by a federal appeals court on Monday, but the healthcare conglomerate said it would challenge the ruling. The decision by the U.S.
3rd Circuit Court of Appeals in Philadelphia removed from bankruptcy the company's LTL Management unit, which was facing more than 38,000 legal claims tied to products such as its Johnson's baby powder. J&J shares were down about 3% in midday trading on the New York Stock Exchange.
Don't expect costs to go down for consumers any time soon.
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Companies extend deadline to close Rogers-Shaw deal to Feb. 17The companies involved in the Rogers Communications Inc. deal to buy Shaw Communications have extended the deadline to complete the transaction. 🤗 Sadly within time most will comes to be Rogers...🇨🇦 Thanks Trudeau. This merger is deadly because there is absolutely no competition between telecommunication companies already. Clients go from one company to the other but it is all the same. Robbing the population. Supreme court is not impartial and that is sad to see.
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Companies extend deadline to close Rogers-Shaw deal to Feb. 17If approved, the deal will see Rogers acquire Shaw, while Quebecor’s Videotron subsidiary will acquire Shaw’s Freedom Mobile wireless business.
La source: TorontoStar - 🏆 60. / 55 Lire la suite »