A federal bankruptcy judge has rejected Johnson & Johnson’s latest attempt to settle lawsuits that allege its talc baby powder caused cancer.

The case has implications for how corporations use bankruptcy to deal with lawsuits and the future of the “Texas two-step” strategy.

GE, Johnson & Johnson and Toshiba plan to divide their operations, saying the units will be more flexible, responsive and targeted.

The company said Friday the vaccine was 66% effective overall at preventing moderate to severe illness.

Johnson & Johnson is appealing the decision, which could be the first of many legal battles.

The Food and Drug Administration has approved the first new kind of drug to treat depression since Prozac hit the scene in the late 1980s. Spravato is a nasal spray from Johnson & Johnson that’s a close cousin of ketamine, an anesthetic that’s sometimes used recreationally and often known as “Special K.” Because ketamine can cause […]

Big jury verdicts have made Missouri a target for tort reform.