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The daily business briefing: May 3, 2016

The Week - 3 May 2016 14:07
The daily business briefing: May 3, 2016 1. A jury on Monday ordered Johnson & Johnson to pay $55 million to a woman, Gloria Ristesund, who said the company's talc-powder feminine hygiene products caused her ovarian cancer. The company plans to appeal the verdict, its second straight loss. Johnson & Johnson faces 1,200 lawsuits filed by people accusing it of inadequately warning consumers about potential cancer risks from its talc-based products. Johnson & Johnson spokeswoman Carol Goodrich said research over 30 years has shown cosmeti...
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