"Use The Momentum": The EU Moves To Destroy The Last Vestiges Of National Sovereignty

J&J's Proposed $5.5 Billion Talc Settlement May "Lift Remaining Overhang" On Shares, Says Guggenheim Johnson & Johnson announced late Monday that it had reached an agreement to commit $5.5 billion to resolve most lawsuits alleging its talc products caused ovarian cancer. The settlement could end 15 years of litigation and "lift the remaining overhang" on J&J shares, according to one institutional trading desk. The "comprehensive resolution," as described by J&J, requires participation from law firms representing at least 95% of pending state and federal claims. The company faces roughly 76,000 lawsuits,...

US-Sanctioned Tanker Signaling Chinese Ownerships Test Trump Blockade With Hormuz Crossing Following news that two tankers, one of which indicated China as its destination, had turned around earlier in the day after the Trump blockade of the Straits of Hormuz had kicked in, one of them - a tanker linked to China - is making its way through the Strait of Hormuz, testing President Trump’s naval blockade, Bloomberg reported. Rich Starry, a 188-meter medium-range tanker earlier known as Full Star, was blacklisted by Washington in 2023 for helping Tehran evade energy...

Oman Is Playing Word Games On Iranian Tolls Through Strait: 'Service, Environmental Fees' Iran has remained on message in the last several weeks despite a few serious flare-ups in tit-for-tat fighting and missile and drone exchanges with US forces, also including Iranian strikes on at least two foreign shipping vessels which refused to heed Tehran's 'rules'. Hormuz will not return to its pre-war status, Iranian officials insist, even as negotiations are still happening, but are stalled in terms of direct interactions with the American delegation led by Witkoff and Kushner in...