$26 Billion Opioid Settlement Reached Across Firms
Johnson & Johnson and three opioid distributors will pay 26 billion dollars to resolve thousands of state and local lawsuits over the opioid crisis. McKesson Cardinal Health and AmerisourceBergen will pay 21 billion collectively, with J&J contributing 5 billion. Payments extend 18 years. States and communities gain a major recovery funding and reforms.
MENTIONED IN THIS ARTICLE
Johnson & Johnson
McKesson Corp
Cardinal Health Inc
AmerisourceBergen Corp
J&j
U.S
North Carolina
Josh Stein
Josh Shapiro
Pennsylvania
Letitia James
New York
Herbert Slatery
Tennessee
United States
Michael Ullmann
J&J’s
Amerisource Bergen
Cardinal Health
McKesson
Biden Makes Third Ohio Visit to Push Economic Agenda
President Biden visited Cincinnati to promote his nearly four trillion dollar package and press for an infrastructure deal after Republicans rejected a one trillion blueprint. He toured the IBEW NECA Electrical Training Center and highlighted union jobs as key to growth.
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Cincinnati
Joe Biden
CNN
Senate
Biden
Capitol Hill
IBEW
NECA
Democratic Party
Neca Electrical Training Center
Stocks rebound as earnings lift markets worldwide
U S stocks rose for a second day with the S&P 500 up 0.8 percent to 4358.69 and the Dow up 286.01 points as energy shares gain 4.3 percent. Tech banks and consumer names led gains while utilities and real estate declined.
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Wall Street
U.S
Bill Northey
U.S. Bank Wealth Management
Northey
Dow
Used car prices ease from dizzy heights in Dearborn market
In Dearborn Michigan dealers report a tentative easing of used car prices after a period of explosive gains. Wholesale costs retreat while retail prices stay near record levels with supply tight and demand wobbling, suggesting only a short term correction. Jessica Pitts of Detroit, buying after a price drop, exemplifies renewed buyer interest as 58 000 mile Lincoln MKC shifts at roughly 27500 dollars from 28000.
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Dearborn
Mich
Paul Sugars
Jack Demmer
Lincoln
Michigan
Sugars
Jessica Pitts
Detroit
Pitts
Cox Automotive
AmronBalAm
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Invcamrcam
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Dodge & Cox
Fidelity
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Pimco IncInstl
Pimco TtlRetins
Schwab Sp500idx
T. Rowe Price Bcgr
Vanguard
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InsidxIns
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Ttsmidxadmil
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Ttsmidxins
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Doe
SEC
The
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