Johnson & Johnson on Wednesday said it plans to pay $6.5 billion over 25 years to settle nearly all of the thousands…
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Business
Skydance bid for Paramount hinges on Shari Redstone as special committee ends exclusive talks
by adminSkydance Media is prepared to walk away from its offer for Paramount Global unless it receives a firm commitment from controlling shareholder Shari…
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Business
The U.S. labor market is shifting toward skilled labor as white-collar hiring slows
by adminAmerica’s job market increasingly appears to be splitting into two tracks, economists say, alongside a steady demand for skilled workers and…
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Business
Johnson & Johnson to pay $6.5 billion to resolve nearly all talc ovarian cancer lawsuits in U.S.
by adminJohnson & Johnson on Wednesday said it plans to pay $6.5 billion over 25 years to settle nearly all of the thousands…
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Business
Home prices soar even higher in February, despite higher mortgage rates, says S&P Case-Shiller
by adminStrong demand and tight supply continue to push home values higher, even though mortgage rates are now moving higher again. Home…
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Arcade giant Dave & Buster’s is set to allow adults 18 and older to place real-time bets with friends on arcade…
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Business
Peloton CEO Barry McCarthy to step down, company to lay off 15% of staff as it looks to refinance debt
by adminPeloton announced Thursday that CEO Barry McCarthy will be stepping down and the company will lay off 15% of its staff because…
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Business
Google lays off hundreds of ‘Core’ employees, moves some positions to India and Mexico
by adminJust ahead of its blowout first-quarter earnings report on April 25, Google laid off at least 200 employees from its “Core” teams, in…
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Federal Reserve Chair Jerome Powell said Wednesday there was no sign of stagflation in the economy, even as inflation remains stubbornly…
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Business
Federal prosecutors are examining financial transactions at Block, owner of Cash App and Square
by adminFederal prosecutors are digging into internal practices at Block, the financial technology firm launched by Twitter co-founder Jack Dorsey, discussing with…