Johnson & Johnson on Wednesday said it plans to pay $6.5 billion over 25 years to settle nearly all of the thousands of lawsuits in the U.S. claiming its talc-based products caused ovarian cancer, pending approval of the claimants. Those cases have for decades caused financial and public relations trouble for…
Former Starbucks CEO Howard Schultz weighed in Sunday on the coffee chain’s dismal latest quarterly report, saying he believes the company will recover if it improves its U.S. stores. Schultz, who no longer has a formal role within Starbucks, sees an obvious reason for the downturn. He wrote that the company needs…
The trust funds the Social Security Administration relies on to pay benefits are now projected to run out in 2035, one year later than previously projected, according to the annual trustees’ report released on Monday. At the projected depletion date, 83% of benefits will be payable if Congress does not act sooner to prevent…
Arcade chain Dave and Buster’s plan to allow customer betting isn’t winning over everyone. Software company Lucra Sports announced on Tuesday that it was working with the entertainment chain to allow customers to place wagers on their arcade games through the Dave & Buster’s app. But some lawmakers are calling foul. Illinois State Rep.…
Gazans began leaving eastern Rafah on Monday after Israel’s military issued a call for residents there to “evacuate immediately,” raising questions over whether Israel will soon carry out its long-threatened assault on the city. During nearly seven months of war, more than 1 million Palestinians have fled to Rafah, where Hamas…
José Raúl Mulino, a rightwing former public security minister, was declared the “unofficial” winner of Panama’s presidential election on Sunday, the country’s electoral court confirmed. With over 90% of the total vote counted, Mulino secured about 34% of the ballots. His next closest rival, Ricardo Lombana, took second place with…
Three bodies found dumped in a well with gunshot wounds to the head have been confirmed as missing tourists, including a US citizen, Mexican authorities said Sunday. Relatives of American Jack Carter Rhoad and Australian brothers Jake and Callum Robinson identified their bodies without having to perform genetic tests, the…
Israeli Prime Minister Benjamin Netanyahu on Sunday warned the International Criminal Court against potentially issuing arrest warrants against Israeli leaders and commanders as a result of its investigation into the war in Gaza, saying that doing so would leave an “indelible stain” on the concept of international justice and law.…
Israel’s Prime Minister Benjamin Netanyahu has said he “cannot accept” Hamas’ demands to end the war in Gaza as the two sides traded blame amid fresh ceasefire talks that showed little sign of a breakthrough. Discussions are thought to have centered around a new framework, proposed by Cairo, that calls for the militant…
A 17-year-old boy handed himself in to police after admitting that he attacked a German politician on Friday. Police say that Matthias Ecke, the candidate for the Social Democratic Party of Germany (SPD) in the upcoming European elections, was attacked when putting up campaign posters. According to Saxony Police, the…