J&J to settle loans suit over disposable lenses
Johnson & Johnson agrees to pay up to 860 million dollars to end a 1996 probe accusing misleading advertising for 1-Day Acuvue and two week lenses. The deal removes phrases like disposable from packaging and targets millions of customers affected since 1994. Hewlett Packard to cut 3000 jobs in cost drive.
MENTIONED IN THIS ARTICLE
Johnson & Johnson
New Brunswick
N.J
J&j
Jeff Leehan
Settre
U.S. Airlines Post Broad First Quarter Losses
Six of the nation’s largest carriers report heavy first quarter losses blamed on weakened business travel and higher labor and fuel costs. AMR unit American posts a $43 million loss as revenue rises to 4.76 billion, while United and Delta show declines in revenue and wide losses. Northwest and America West also lose despite revenue gains, with US Airways and United facing labor cost pressures and ongoing contract talks impacting outlook.
MENTIONED IN THIS ARTICLE
United
Delta
American
US Airways
Northwest
America West
U.S
Donald Carty
AMR Corp
AMR
TWA
UAL Corp
American Airlines
Jet Above
United Airlines
GM Restarting Production of New SUVs After Recall Fix
GM plans to resume Moraine Ohio SUV production today for the 2002 TrailBlazer Envoy and Bravada after identifying a bracket flaw in the front suspension linking the lower control arm to the frame. Replacement parts will be shipped to dealers and owners at no cost, with the plant running at partial capacity until parts are available.
MENTIONED IN THIS ARTICLE
Detroit
General Motors Corp
Moraine
Ohio
Mike Morrissey
Morrissey
John Devine
Devine
Envoy
Bravada
Ford Motor Co
Tom Wallace
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