Martin Shkreli, known for once hiking the price of a life-saving drug more than 4,000%, cannot return to the pharmaceutical industry after a federal appeals court on Tuesday upheld his lifetime ban. A three-judge panel of the 2nd US Circuit Court of Appeals in Manhattan said a lower court judge acted properly in imposing the…
Johnson & Johnson on Tuesday said it had reached a tentative settlement to resolve probes by states into whether it misled consumers about the safety of its talc products, which thousands of lawsuits claim can cause cancer. The deal includes 42 states and Washington, DC. The company tentatively agreed to pay about $700 million to settle the…
As stock markets soared in 2023, so did the fortunes of many of the world’s biggest hedge funds. The 20 best-performing hedge funds made $67 billion in gains last year, triple what they reported in 2022, according to data released by LCH Investments, a so-called fund of funds that ranks the top 20 firms based…
Procter & Gamble’s price hikes boosted its earnings in the latest quarter, the company reported Tuesday, indicating that inflation-battered consumers haven’t turned away from the company’s higher-priced household items. Aside from price increases largely fueling sales growth, shoppers also bought more products across P&G’s beauty lines and health and family care offerings. P&G said that…
The Clippers’ rebound from being one of the NBA’s most-maligned teams in November to one of its most dangerous two months later can be explained by any number of ways, supported both by reams of new-school statistics and the old-fashioned eye test. What has mattered most to some of their players is neither. “I think…
YouTube sensation MrBeast said he made over $263,000 from a single post on X — but added that it’s a “bit of a facade” and that others would have a hard time raking in such profits on the Elon Musk-owned platform. MrBeast, whose real name is Jimmy Donaldson, posted a video to X last week…
Urgent measures are needed now to stop further spread, the World Health Organization says.
When Raj Bhathal immigrated to the U.S. from India in 1960, he gave up the old world for the new, marrying a California beach girl and founding a swimwear company. “He’s always been a trailblazer and a pioneer,” said his daughter Lisa. “He was the only one out of all his brothers and sisters not…
Jan. 23, 2024, 8:52 a.m. ET Jan. 23, 2024, 8:52 a.m. ET Lily Gladstone as an Osage bride in “Killers of the Flower Moon.”Credit…Apple TV+ Lily Gladstone, a star of the Martin Scorsese epic “Killers of the Flower Moon,” was nominated for the best actress Oscar on Tuesday, making her the first Native American person…
The value of an average used Tesla has toppled more than $1,500 so far this month, according to a new report. On Jan. 1, a used Tesla retailed for $37,090, according to data from auto-shopping website CarGurus. Just 20 days later, as of Jan. 21, the standard used Tesla runs for $35,554, marking a $1,536…
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