Latest Johnson & Johnson News

This Oct. 21, 2019, photo shows Johnson's Baby Aloe & Vitamin E Powder in Salt Lake City. Johnson & Johnson reports financial results Wednesday, Jan. 22, 2020. (AP Photo/Rick Bowmer)

Johnson & Johnson posts higher sales, big 4Q profit jump

Jan. 22, 2020 10:46 AM EST

Higher prescription drug sales and lower legal costs drove Johnson & Johnson's fourth-quarter profit 32% higher. The world's biggest maker of health care products on Wednesday reported net income of $4.01 billion, or $1.50 per share. That's up from $3.04 billion, or $1.12, a year earlier. Adjusted earnings...

FILE - In this May 29, 2019, file photo, Oklahoma Attorney General Mike Hunter watches a video deposition in Norman, Okla., during the state's trial against drugmakers blamed for contributing to the opioid crisis. On Monday, Jan. 13, 2020, Hunter brought a lawsuit against three distributors of opioids after winning a lawsuit against one drug manufacturer and reaching pretrial settlements in other cases. (AP Photo/Sue Ogrocki, File)

Oklahoma attorney general sues distributors of opioids

Jan. 13, 2020 7:02 PM EST

OKLAHOMA CITY (AP) — Oklahoma Attorney General Mike Hunter on Monday brought a lawsuit against three distributors of opioids after winning a lawsuit against one drug manufacturer and reaching pretrial settlements in other cases. Hunter filed the lawsuit in Cleveland County District Court against Cardinal...

FILE - In this April 19, 2010, file photo, baby powder is squeezed from its bottle in Philadelphia. In a study released on Tuesday, Jan. 7, 2020, U.S. government researchers found no evidence linking baby powder with ovarian cancer in the largest-ever analysis of an issue that has prompted thousands of lawsuits and a recent product recall. (AP Photo/Matt Rourke, File)

Big study finds no strong sign linking baby powder & cancer

Jan. 7, 2020 1:26 PM EST

U.S. government-led research found no strong evidence linking baby powder with ovarian cancer in the largest analysis to look at the question. The findings were called “overall reassuring” in an editorial published Tuesday with the study in the Journal of the American Medical Association. The...

Vote count on two articles of impeachment against President Donald Trump.;

Impeachment, immigration, Brexit: How 2019 looked in charts

Jan. 3, 2020 2:26 PM EST

For many reasons, 2019 was historic. The U.S. House impeached the president for the third time in history. The most diverse slate of Democrats ever vied to be their party's nominee for the White House. Britain pushed to extricate itself from the European Union three years after voters chose to leave. While not...

FILE - In this Aug. 26, 2019, file photo, Washington Attorney General Bob Ferguson speaks at a news conference in Seattle. Washington state sued Johnson & Johnson on Thursday, Jan. 2, 2020, claiming the company was negligent when it used deceptive marketing to say the drugs were effective for treating pain and were unlikely to cause addiction. The lawsuit filed Thursday says the company that supplies raw materials used to make opiates drove the pharmaceutical industry to recklessly expand the production of the drugs. (AP Photo/Ted S. Warren, File)

Washington state sues Johnson & Johnson over opioid crisis

Jan. 2, 2020 5:12 PM EST

SEATTLE (AP) — Washington state sued Johnson & Johnson on Thursday, claiming the company was negligent when it used deceptive marketing to say the drugs were effective for treating pain and were unlikely to cause addiction. The multinational company that supplies raw materials used to make opiates...

China, Japan stocks lower on Christmas

Dec. 25, 2019 1:03 AM EST

BEIJING (AP) — Japanese stock prices declined and Chinese markets were little-changed Wednesday while trading in most other Asian economies was closed for Christmas Day. Tokyo's Nikkei 225 lost 0.2% to 23,792.34 while the Shanghai Composite Index was up less than 1 off 2 points at 2,983.13. Malaysia's...

St. Louis jury sides with Johnson & Johnson in talc case

Dec. 23, 2019 11:01 AM EST

ST. LOUIS (AP) — A St. Louis jury has ruled in favor of Johnson & Johnson in the latest of several lawsuits alleging that the company’s baby powder caused ovarian cancer. The jury ruled 9-3 late Friday, denying 56-year-old Vickie Forrest’s allegation that more than 30 years of use of the...

FILE - In this Oct. 15, 2019 file photo, Oklahoma Attorney General Mike Hunter talks with reporters following a hearing to settle disagreements between Johnson & Johnson and the State over Judge Thad Balkman's final judgement in the opioid lawsuit, in Norman, Okla. The state of Oklahoma filed an appeal Monday, Dec. 16, 2019 to a judge's order that Johnson & Johnson pay $465 million to address the state's opioid crisis. Hunter's office argues the award is only enough to pay for one year of the state's abatement plan. (AP Photo/Sue Ogrocki, File)

Oklahoma appeals judge's $465 million order in opioid case

Dec. 16, 2019 5:39 PM EST

NORMAN, Okla. (AP) — A judge didn't order Johnson & Johnson to pay enough when he said the company must pay $465 million to address Oklahoma's opioid crisis, the state said in an appeal filed Monday. Attorney General Mike Hunter's office argues the award is only enough to pay for one year of the...