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Page 23 - Bkrt News Today : Breaking News, Live Updates & Top Stories | Vimarsana

J&J rises as $9 bln talc lawsuit settlement eases overhang on unit spinoff

Johnson & Johnson's shares rose nearly 4% in early trading to hit a near two-month high of $164.48 on Wednesday as the company's $8.9 billion offer to settle talc-related lawsuits gained support of thousands of claimants, easing an overhang on its plans to list consumer health unit Kenvue.

Brazil prosecutors seek $2 5 bln in damages from alleged orange juice cartel

Giants of the orange juice trade in Brazil have become defendants in a class-action lawsuit seeking billions in damages over an alleged price-fixing scheme that ran between 1999 and 2006, a prosecutor told Reuters.

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