On Monday, a U.S. appeals court refused Johnson & Johnson’s (NYSE:JNJ) request to send tens of thousands of talc claims to bankruptcy court. It was the first big rejection of a legal technique that potentially transformed US corporate liability law.
Mulberry Group PLC (LON:MUL) shares fell more than 10% after reporting a first-half deficit. The cost-of-living crisis hurt domestic demand and contributed to the deficit.
Most Asian markets fell on Friday due to a surge in COVID-19 cases in China, but they were poised for weekly gains due to dovish Fed indications.
After Thursday’s market closing, the Gas & Water, Pharmaceutical Industry, and Insurance sectors led the increase in Japan’s stock market.
Hundreds of Apple workers demonstrated at Foxconn’s flagship iPhone factory in China, destroying surveillance cameras and windows.
Bob Iger is returning to Walt Disney Co. less than a year after resigning. The move boosts investor confidence and streaming media revenues.
Toyota Motor (NYSE:TM) Corp announced a 2-liter plug-in Prius on Wednesday to rejuvenate the 25-year-old hybrid and appeal to cost-conscious drivers.