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Johnson & Johnson reaches $700 million settlement in talc baby powder case

Johnson & Johnson has agreed to pay $700 million in a nationwide settlement resolving allegations that it misled customers about the safety of its talcum-based powder products in its marketing. “Consumers rely on accurate information when making decisions about which products to purchase for their families,” Illinois Attorney General Kwame Raoul, one of 43 attorneys general involved in the lawsuit,saidin …

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Raytheon discriminates against older job applicants, AARP alleges

Raytheon has for years systematically discriminated against older workers by phrasing job listings in a way that effectively rules out people over 40 as candidates or discourages them from applying for open positions at the defense contractor, a new proposed class-action lawsuit alleges. In a suit filed on Tuesday, the AARP Foundation alleges that Raytheon has violated federal and state …

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The Federal Reserve is about to make another interest rate decision. What are the odds of a cut?

With the Federal Reserve set to release its latest policy statement on Wednesday, inflation-weary consumers are eager to learn when the central bank might startcutting its benchmark interest rate, providing some relief from high borrowing costs. Unfortunately for consumers, the Fed is widely expected to keep rates steady amid stubbornly high inflation, which remains more than a percentage point above …

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National Amusements ends Paramount merger talks with Skydance Media

Merger discussions between National Amusements, which controls Paramount Global, and Skydance Media have ended without a deal. The two companies “have not been able to reach mutually acceptable terms regarding the potential transaction with Skydance Media for the acquisition of a controlling stake in NAI,” National Amusements said in a statement to CBS News. The announcement ends months of speculation …

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How much interest would a $10,000 CD earn in 3 years?

Interest rates are high at the moment. And, that may be good news for savers. That is, as long as those savers make wise moves with their savings. One such move is to open a $10,000 three-year certificate of deposit (CD). That’s because CDs offer fixed returns for the entire term of the account. And, with today’s interest rates being …

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3 big reasons to get pet insurance this June

June and the warmer summer months come with the prospect of fun outdoors and a return to steady exercise for some pets. For pet owners, however, this June may also mark a smart time to improve their budgets with a robust and cost-effective pet insurance plan. With policies averaging less than $100 per month (often cheaper if paid annually), owners …

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