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counties and municipalities all of which want to see pharmaceutical companies responsible for contributing to the opioid epidemic. for its part johnson & johnson says they plan to appeal the ruling immediately. they say that their pain killers are needed for pain management and treatment. they say they have followed all state and federal laws. they believe there are a number of grounds on which they can appeal and they insist that they have been made a scapegoat in what is a larger social problem. dave, christine. alexandra field in norman, oklahoma, for us. the judge didn t give the state of oklahoma everything they wanted, the request was for $17.5 billion over 30 years to pay for treatment, medical education, overdose prevention, law enforcement. the judge awarded $572 million for the first year, ruling the state did not provide sufficient evidence more money was needed. johnson & johnson s stock rose as much as 5%. why would the stock rise? well, the company was ordered to pay fa
business, global markets lowered as trade tensions round out the week. futures are pointing down here as well, a third of a percentage point. the stocks rose thursday for three days in a row. the president is sending a delegation to china to resume trade talks. and the president punted on global car tariffs, giving a six month window to make the decision. the s&p and nasdaq ended the day higher as well. a day of no negative trade news is a small win. all three major averages are above where they were when the trade war began a year ago. just up a little bit. up and down in between, but on balance, up a little bit. one to watch here today, chip makers. nvidia stock rose, stocks of other chip makers fell after the u.s. banned huawei from selling telecom gear. samsung s 5g phone is on the
begin with and a couple of thousand more people would already be a great step forward believe art s reporting from frankfurt only thank you so much it s the market valuation of online retailer amazon surpassed one trillion dollars on tuesday if only briefly now amazon stock rose during tuesday s trade. session sending it beyond the mark before falling back a little later the company is the second u.s. company to hit the threshold and measure of outstanding shares multiple by their value apple surpassed the one trillion dollars mark last month s for more let s cross over to our wall street s correspondence quarter yes amazon started as an online book retailer now it s a trillion dollar company obviously something worked here how do people on wall street view amazon s business model these days. well it s basically a data machine and we do see this with other companies as well that s the name of
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