Health Care

J&J's new CEO Joaquin Duato: What to know

Johnson & Johnson announced longstanding CEO Alex Gorsky will transition out of the role, with Joaquin Duato set to lead the health care company effective Jan. 3.

Johnson & Johnson CEO stepping down in January

Joaquin Duato, the vice chairman of Johnson & Johnson’s executive committee, will step up as the company’s next CEO and a member of its board of directors effective Jan. 3, 2022. Alex Gorsky, the current CEO, is stepping down.

Citi, HSBC, Prudential hatch plan for Asian coal-fired closures -sources

Financial firms including British insurer Prudential, lenders Citi and HSBC and BlackRock Real Assets are devising plans to speed the closure of Asia’s coal-fired power plants in order to lower the biggest source of carbon emissions, five people with knowledge of the initiative said.

St. Louis mask mandate faces lawsuit from state official: 'It's not based on science'

Eric Schmitt, attorney general for the state of Missouri, has filed a lawsuit against the City of St. Louis for reinstating a mask mandate. The city’s mandate comes as the Centers for Disease Control and Prevention is set to recommend Tuesday that some vaccinated individuals resume wearing masks in certain situations to protect against COVID-19, reversing its earlier guidance that only unvaccinated individuals should wear face coverings.