Why the ghost of 2008 still haunts us in 2022 | CNN Business

Why the ghost of 2008 still haunts us in 2022 | CNN Business

This story is part of CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. New York CNN Business  —  All week, there have events in the news that have come in under of the banner of “this hasn’t happened since 2007/2008.” Yields on the 10-year Treasury briefly surpassed 4%, … Read more

Johnson & Johnson plans to split into two companies

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Johnson & Johnson said on Friday that it is planning to break up into two companies, splitting off its consumer health division that sells Band-Aids and Baby Powder from its large pharmaceuticals unit. The healthcare company will separate its consumer health business into a new publicly traded company and is aiming to complete the planned … Read more

Covid-19: How UK’s new travel rules affect flyers from India

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From October 4, the UK will have only one list of countries — red. (File) The UK’s updated Covid-19 travel rules place Indians inoculated with Covishield in the ‘unvaccinated’ category. While the country has relaxed the regulations for those with two doses of the Oxford-AstraZeneca jab, the same version being manufactured in India Serum Institute … Read more

US to start offering COVID-19 vaccine booster doses in September

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The U.S. government said on Wednesday it plans to make COVID-19 vaccine booster shots widely available to all Americans starting on Sept. 20 as infections rise from the Delta variant of the coronavirus. The White House is prepared to offer a third booster shot starting on that date to all Americans who completed their initial … Read more

Johnson & Johnson Hair Products Cause Hair Loss, Lawsuit Claims

July 19, 2021 — A class-action lawsuit has been filed against Johnson & Johnson with the claim that the company’s OGX hair care products cause significant hair loss. The products are sold at major national retailers, including Target, Ulta, CVS, Walmart, and Walgreens. Johnson & Johnson shampoos, conditioners, and some hair oils are among … Read more

Stop Using Neutrogena and Aveeno Spray Sunscreen, J&J Warns

July 15, 2021 — Consumers should stop using certain brands of spray-on sunscreen products made by Johnson & Johnson. The company has issued a voluntarily recall after finding low levels of benzene, a known cancer-causing agent, in some samples. Benzene is not an ingredient of sunscreen, and should not be present in these products. … Read more

Healthium Medtech plans IPO to raise over Rs 1,500 crore

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Mumbai: Healthium Medtech, India’s second largest medical consumables and surgical sutures company, plans to hit the stock market by the end of 2021. Healthium (formerly Sutures India), owned by private equity fund Apax Partners, is aiming to raise Rs 1,500-2,000 crore through an initial public offering, valuing the company at about Rs 7,500 crore. At … Read more

J&J’s Appeal Rejected by U.S. Supreme Court

June 2, 2021 — The U.S. Supreme court said Tuesday that it won’t hear Johnson & Johnson’s appeal over a $2 billion ruling in favor of women who said they developed ovarian cancer from using the company’s talc products. The nation’s top court did not say why it rejected Johnson & Johnson’s appeal, the Associated … Read more

WHO grants emergency approval to 2nd Chinese COVID vaccine

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The World Health Organization has issued an emergency use listing for the COVID-19 vaccine made by Sinovac for adults 18 and over, the second such authorization it has granted to a Chinese company. In a statement Tuesday, the U.N. health agency said data submitted to its experts showed that two doses of the vaccine prevented … Read more