3M, Union Pacific fall; HighPeak Energy, GATX rise

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Johnson & Johnson, unchanged at $168.31. The healthcare giant reported mixed financial results for the fourth-quarter. 3M Co., down $7.62 to $115. ...

J&J tops 4Q earnings forecasts as profit, revenue slip

Johnson & Johnson beat earnings expectations in the final quarter of 2022 even as a strong dollar and sinking COVID-19 vaccine sales hurt revenue. The health care giant also debuted on Tuesday a better-than-expected 2023 earnings forecast. J&J said...

J&J subsidiary to pay $9.75M to resolve kickback allegations

BOSTON (AP) — A subsidiary of health care company Johnson & Johnson has agreed to pay nearly $10 million to settle allegations that it violated federal and state law by providing free products to a surgeon to induce him to use its products in procedures, prosecutors said Friday. ...

Big Tech’s drop means more balance for S&P 500, 401(k)s

NEW YORK (AP) — The biggest companies have less of a stranglehold on the stock market — and likely on your 401(k). The 10 most valuable U.S. stocks now account for less than a quarter of the S&P 500, 24.4%. That’s down from 30.4% in late 2021, and it’s the lowest...

Costco, WWE rise; Greenbrier, Baxter International fall

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Costco Wholesale Corp., up $32.68 to $482.87. The warehouse club operator gave investors an encouraging sales update. World Wrestling Entertainment Inc., up $12.23 to...

As flu rages, US releases medicine from national stockpile

WASHINGTON (AP) — The Biden administration said Wednesday it will release doses of prescription flu medicine from the Strategic National Stockpile to states as flu-sickened patients continue to flock to hospitals and doctors' offices around the country. This year's flu season has...

Asian benchmarks higher as markets await Fed rate moves

TOKYO (AP) — Asian shares were mostly higher Wednesday ahead of a decision by the U.S. Federal Reserve on an interest rate increase to curb inflation. Oil prices rose more than $1 a barrel and U.S. futures were also higher. Stocks ended lower on Wall Street after an unexpectedly...

Uber, Pfizer rise; Catalent, Stryker fall

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Uber Technologies Inc., up $3.18 to $29.75. The ride-hailing company gave investors an encouraging forecast for bookings. Abiomed Inc., up $125.74 to $377.82. ...

J&J to buy cardio technology company Abiomed for $16.6B

Johnson & Johnson is spending more than $16 billion to move deeper into treating heart disease and continue a shift started last year away from its consumer health roots. The health care giant said Tuesday that it will buy the cardiovascular technology company Abiomed, which...

Johnson & Johnson will buy cardiovascular technology company Abiomed in $16.6 billion deal