Several states wary of $48 billion opioid settlement proposal
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- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil ends week higher on renewed US-Iran strikes, diesel hits record
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
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- Citi highlights best Gen AI stocks to own for 2027
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- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
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Buy Johnson & Johnson (JNJ) on Baby Powder Weakness - Bernstein
October 25, 2019 8:48 AM EDTBernstein analyst Lee Hambright highlights that Johnson & Johnson (NYSE: JNJ) has lost $23 billion in market cap since October 18th, when the company announced a voluntary baby powder recall (33,000 bottles) after the FDA found asbestos at 0.00002% concentration in a sample from a single bottle purchased... More
