Court orders property developer China Evergrande Group to liquidate after it was unable to reach a deal with creditors
Court orders property developer China Evergrande Group to liquidate after it was unable to reach a deal with creditors
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J&J agrees to pay $700M to settle talc probes in 42 states
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…
War hell for Volodymyr Zelensky at Davos
Volodymyr Zelensky is used to getting his way when it comes to money. Look at the untold billions US taxpayers have given his country to defeat Russian aggression. Money from the private sector has been much less easy. Witness the chilly reception he received from bankers this past week at the World Economic Forum in…
New Jersey weighs ending out-of-pocket costs for women who seek abortions
TRENTON, N.J. — Dawn Ericksen was struggling with an opioid addiction a dozen years ago when she got pregnant and realized she couldn’t keep herself safe, much less a baby. Working part-time, she couldn’t afford the hundreds of dollars she would need for an abortion and had to turn to a trusted friend to help…
A private prison health care company accused of substandard care is awarded new contract in Illinois
SPRINGFIELD, Ill. — Illinois has awarded a more than $4 billion prison medical care contract to the same company it’s used for three decades, despite multimillion-dollar lawsuits against the firm and statewide complaints alleging substandard care. Pittsburgh-based Wexford Health Sources was one of two companies responding to a request for proposals from the Illinois Department…
Canada firm brazenly bets on cocaine getting legalized in US
A company that just listed shares in the US is making a brazen bet that cocaine will be legalized. Canada-based Safe Supply claims it’s on “the forefront of the third wave of drug policy reform” – and is lobbying for an end to the war on drugs and the legalization of banned substances like LSD…
Stock market today: Asian shares mostly rise, led by gains in Chinese markets following policy moves
TOKYO — Asian shares were mostly higher on Thursday, with Chinese stocks extending gains after Beijing announced a raft of policies to support sagging markets. Hong Kong rose 1.8% and Shanghai surged 3%. Benchmarks inched higher in Tokyo and Seoul. U.S. futures and oil prices advanced. Late Wednesday, the Chinese central bank announced a set…