Breaking News: Business

U.S. bankruptcy judge halts 40,000 Johnson & Johnson talc and cancer lawsuits

A federal bankruptcy judge on Thursday halted roughly 40,000 lawsuits that allege Johnson & Johnson‘s baby powder and other talc…

DOJ charges 18 people — including doctors — in massive Covid health-care fraud takedowns

Eighteen people, some of them doctors, were criminally charged with Covid-19 health-care fraud schemes that netted hundreds of millions of…

Supreme Court maintains full access to abortion pill mifepristone until at least Friday

Supreme Court Justice Samuel Alito on Wednesday issued an order allowing the abortion pill mifepristone to remain available by mail…

Fox to pay Dominion Voting Systems $787.5 million to settle election defamation lawsuit

WILMINGTON, Del. — Fox Corp. and its cable networks agreed Tuesday to pay $787.5 million to Dominion Voting Systems to…

Bank of America CEO Brian Moynihan says he sees a relatively mild recession

Bank of America CEO Brian Moynihan said Tuesday he sees only a slight recession hitting the U.S. as consumers remain…

Supreme Court gives New Jersey, shipping industry and unions a win in New York ports case

The Supreme Court ruled Tuesday that New Jersey can unilaterally withdraw from the longstanding Waterfront Commission Compact it has with…

Bank of America posts first-quarter results that top expectations on higher rates

Bank of America on Tuesday reported first-quarter earnings and revenue that topped expectations on the back of higher interest rates.…

Fox-Dominion defamation trial to start Tuesday after delay, judge says

WILMINGTON, Del. — Dominion Voting Systems’ $1.6 billion civil defamation lawsuit against Fox News will head to trial Tuesday after…

Larry Fink doesn’t see a big recession this year, but expects inflation to stay higher for longer

Larry Fink, chairman and CEO of BlackRock, believes the U.S. could skirt a major economic downturn this year, but inflation…