Johnson & Johnson's stock price dropped significantly after a U.S. bankruptcy court rejected its subsidiary's prepackaged bankruptcy plan designed to resolve talc-related cancer claims, which the company maintains are baseless. The company plans to fight the lawsuits in court and remains confident in its defense.
Leading cryptocurrencies, including Bitcoin and Ethereum, surged on Tuesday ahead of President Donald Trump's planned tariff rollout on "Liberation Day." Despite some overnight losses for Ethereum, Bitcoin's dominance rose to its highest level since February 2021, suggesting a shift in investor sentiment towards Bitcoin as a safe haven asset.
The 2025 Benzinga Cannabis Capital Conference will host the prestigious Bob Fireman Award for Entrepreneurship, honoring the legacy of the late industry leader Robert "Bob" Fireman. This award recognizes cannabis executives who embody Fireman's values of integrity, leadership, and community commitment, reflecting his dedication to building a more equitable and impactful cannabis industry.
Former Vice President Kamala Harris praised Senator Cory Booker for his record-breaking, marathon speech on the Senate floor, emphasizing the importance of uplifting the voices of those affected by current policies. Booker’s extensive filibuster, which lasted over 24 hours in protest of the administration’s actions, was highlighted as a demonstration of resolute leadership amid political tensions.
The technology sector has been hit hard by President Trump's tariff agenda, with shares of major tech companies experiencing a significant decline. This downturn is largely attributed to the uncertainty injected into the market by the tariffs, which has led to concerns about a slowdown in artificial intelligence (AI) spending and potential retaliation from China.