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Transcripts For CNBC Squawk On The Street 20240713

This of course, the saudis are flooding the world with oil right now. The russians, its not clear where the heck they are because theyre very secretive, but i know who is not there, the drivers. Theres very little demand david and i talk about this with you all the time, carl theres this overall sense, you know what, if we just get things moving, things will come back again. We need customers. We need customers to get their hair cut, to go to the dry cleaner, the restaurants, and we need customers on the road without them, i really dont care what president calls who, you need a tariff to keep the to keep the saudi oil from coming here, and you need the chinese to restockpile, and frankly, thats still not going to be enough to be able to make it so oil real demand goes higher good point yeah. Sorry, carl. 6 Million Barrels a day, jim, is what im hearing right now as we still try to adjust. Even know we know each others cadences so well 6 Million Barrels a day here and its not just not j

Transcripts For RT Boom Bust 20240714

Lawyer now molly what does this mean for the fight against Opioid Epidemic moving forward is this is as big a problem as it seems. Absolutely its its a huge deal for so many other cases that are pending against big pharma over this very issue so this is the 1st major legal decision daniel against a drug maker for its role in the Opioid Crisis the oklahoma trial is being watched closely by nearly every other state in the country along with thousands of other municipalities who have filed against big pharma over this crisis and this ruling is a positive sign for other plaintiffs attorneys who are making similar arguments to those that were made in the oklahoma case essentially that those who distribute and sell the drugs are partly to blame for the Opioid Health crisis 48. 00 states plus around 2000 local tribal governments filed lawsuits against companies in the drug industry and as you know this epidemic has killed more than 400000 people across the country since 2000 and thats accordi

Transcripts For RT Boom Bust 20240714

Push civic shipping spat to rob hooped of i. C. s and standing by to help us clarify the state of the trade war yet another great show is right at the start whats the secret to our Business Model paul you lets go. We lead our global report today with a groundbreaking decision against pharmaceutical giant johnson and johnson an oklahoma judge ruled monday that johnson and johnson must pay a 572000000. 00 fine for its role in the states Opioid Crisis Cleveland County district judge that baldwin had this to say about the ruling. You are trying to this is an imminent danger and in this to influence my judgment includes findings of fact lucians along the state met its burden and defended its. Johnson and johnsons misleading marketing and promotion of a few is created a distance as defined by studio as section one including. Those actions compromised health and safety of thousands of homes. Following the ruling the pharmaceutical promised to appeal i mean that the company did not cause a Pub

Transcripts For RT Boom Bust 20240714

A 572000000. 00 fine for its role in the states Opioid Crisis Cleveland County district judge that baldwin had this to say about the ruling. If you are trying to this is an imminent danger and this too is loehmanns my judgment includes findings of fact lucians along the state met its burden. Johnson and johnson and johnsons misleading marketing and promotion of a few is created a distance as defined by studio as section one including. Those actions compromised health and safety of thousands of homes. Following the ruling the pharmaceutical promised to appeal i mean that the company did not cause a Public Health epidemic in the state for more details on this procedure in setting ruling and what it means for johnson and johnson and overall opioid up a demick we are fortunate to be joined by molly barrows contributor at americas lawyer now molly what does this mean for the fight against Opioid Epidemic moving forward is this is a good person as it seems. Absolutely its a huge deal for so

Transcripts For RT Boom Bust 20240714

Lawyer now molly what does this mean for the fight against the Opioid Epidemic moving forward is this is as big a problem as it seems. Absolutely its its a huge deal for so many other cases that are pending against big pharma over this very issue so this is the 1st major legal decision daniel against a drug maker for its role in the Opioid Crisis the oklahoma trial is being watched closely by nearly every other state in the country along with thousands of other municipalities who have filed against big pharma over this crisis and this ruling is a positive sign for other plaintiffs attorneys who are making similar arguments to those that were made in the oklahoma case essentially that those who distribute and sell the drugs are partly to blame for the Opioid Health crisis 48. 00 states plus around 2000 local tribal governments filed lawsuits against companies in the drug industry and as you know this epidemic has killed more than 400000 people across the country since 2000 and thats acc

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