J&J hammered by report it knew of asbestos in baby powder
Johnson & Johnson is forcefully denying a media report that it knew for decades about the existence of trace amounts of asbestos in its baby powder.
Stocks
Stocks plunge to 8-month lows on growth fears; J&J nosedives
Stocks are sagging Friday after weak economic data from China has investors worrying about the global economy again.
Business Highlights
___ GM says it has 2,700 jobs for workers slated to be laid off DETROIT (AP) — The General Motors' massive 14,000-person layoff announced last month might not be as bad as originally projected.
The Latest: SC gov: Merger deal 'best of a bad situation'
The Latest on South Carolina regulators' votes on issues concerning the fallout from a $9 billion nuclear construction project failure (all times local): 1:55 p.m.
How major US stock indexes fared Friday
Stocks staggered to eight-month lows Friday after weak economic data from China and Europe set off more worries about the health of the global economy.
Wall Street ends week on a sour note as S&P 500 falls to lowest close since April; it's now down 3 percent for the year
Wall Street ends week on a sour note as S&P 500 falls to lowest close since April; it's now down 3 percent for the year.
Markets Right Now: S&P 500 sinks to lowest level since April
The latest on developments in financial markets (all times local): ___ 9:35 a.m.
Is the stock market undervalued? The data says yes
Now may be the time to buy low and sell high at a later date.
GM touts 2,700 job openings for workers at shuttered plants
Roughly 1,100 employees have already opted to transfer to other facilities.
Johnson & Johnson reportedly knew about asbestos in baby powder, shares plunge
The Dow member is taking a hit from investors.
GE: Is the worst over?
A longtime GE bear is changing his tune.
World markets fall on Chinese growth concerns
Asian markets tumbled on Friday after China reported weaker-than-expected economic data, stirring up worries about the state of the world's second largest economy.
Merck buys Antelliq for $2.4B to boost animal health unit
Antelliq Group makes digital identification products for animals.
Dow tumbles nearly 500 points as global growth concerns hammer stocks
The Nasdaq turned negative for the week, joining the Dow and S&P 500.
Asian shares fall on poor Chinese economic data
U.S. stocks are mixed in morning trading Thursday as technology and health care companies rise.
Business Highlights
___ Apple to build new Austin hub, expand in other tech hotbeds AUSTIN, Texas (AP) — Apple is building a $1 billion campus in Austin, Texas.
How major US stock indexes fared Thursday
U.S. stocks wobbled Thursday as the markets turned fairly quiet after a very turbulent start to the week.
Markets Right Now: US stocks drift to a mostly lower close
The latest on developments in financial markets (all times local): 9:35 a.m.
CBS turmoil: Ex-'60 Minutes' boss could sue over leaked misconduct probe, report says
In the report, Jeff Fager is accused of inappropriate conduct toward several female CBS employees.
SeaWorld won't face criminal charges in DOJ's 'Blackfish' probe
Federal officials probed whether SeaWorld executives misled investors about the impact of the documentary.