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Alex Gorsky, CEO of Johnson & Johnson Adam Jeffery | CNBC Johnson & Johnson vowed to defend itself against lawsuits alleging the company fueled the opioid crisis and that its namesake talc-based baby powder caused ovarian cancer and mesothelioma. The iconic health-care company faces more than 14,000 lawsuits over its talc-based baby powder, as well
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Stewart Butterfield, CEO and co-founder of Slack, attends the annual Allen and Co. Sun Valley media conference in Sun Valley, Idaho, July 10, 2019. Gerry Miller | CNBC Microsoft might be the primary competitor for Slack, but the widespread adoption of Microsoft’s software is not a major problem for Stewart Butterfield, co-founder and CEO of
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CNBC’s Jim Cramer said Monday that bears — investors who try to predict and seek to profit from a stock price’s downward trajectory — will try to use this earnings season to encourage others to dump their holdings. They’ll use “specifically disappointing earnings” to deride the market, the “Mad Money” host said. “They see weakness,
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David Marcus is the executive leading Facebook’s Libra and Calibra blockchain projects. Facebook The Senate Banking Committee on Monday released the testimony of David Marcus, the head of Facebook’s cryptocurrency projects ahead of his testimony Tuesday. In his prepared remarks, Marcus perfectly outlines the business model behind the social network’s upcoming Libra digital currency and
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Ashley Cooper/Construction Photography/Avalon | Hulton Archive | Getty Images Wind turbines in Scotland generated 9,831,320 megawatt hours between January and June 2019, WWF Scotland said Monday. The numbers, which were supplied by WeatherEnergy, mean that Scottish wind generated enough electricity to power the equivalent of 4.47 million homes for six months. That is almost double
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Hemp plants are grown for medical research purposes in Chiang Mai province, Thailand. Taylor Weidman | Bloomberg | Getty Images With Thailand’s legalization of medical cannabis in February, some experts predict that other Southeast Asian countries may move to decriminalize the plant. If that happens, it could prove a significant opportunity for investors interested in
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Paul J. Richards | AFP | Getty Images Despite the year being more than halfway over, the pace of store closures doesn’t appear to be slowing down in the retail industry. More companies piled on the bad news this week. So far, 7,062 store closures have been announced by U.S. retailers this year, according to
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Leila Janah, a social impact entrepreneur, was diagnosed with cancer at 36 Leila Janah Leila Janah, 36, thought she was doing everything right. She started two tech companies with a strong sense of social mission, and she balanced that by exercising every day, eating well and seeing the doctor for regular check-ups. The last thing
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