Johnson & Johnson Inc. shares are trading lower Tuesday after a U.S. bankruptcy court in Texas rejected subsidiary Red River Talc's request to approve its prepackaged bankruptcy plan. What To Know: U.S. Bankruptcy Court Judge Christopher Lopez rejected Johnson & Johnson’s prepackaged bankruptcy plan on Tuesday, sending shares of the pharmaceutical giant tumbling. The plan was designed to resolve talc-related...

NEW YORK (Reuters) - A father-and-son team has been indicted in Manhattan on charges they defrauded investors in a failed Arizona sports complex, causing more than $200 million in losses for Vanguard Group, AllianceBernstein and other municipal bond investors. Federal prosecutors said Randy Miller, 70, and Chad Miller, 41, were arrested on Tuesday and each charged with securities fraud, wire...

04:03 PM EDT, 04/01/2025 (MT Newswires) -- Macy's (M) said Tuesday that luxury holding company Capri's (CPRI) chief operating and financial officer, Thomas Edwards, will take on similar roles at the department store operator. Edwards will become COO and CFO at Macy's on June 22, replacing Adrian Mitchell. Macy's recently appointed Chief Stores Officer Barbie Cameron, who currently reports to...

03:57 PM EDT, 04/01/2025 (MT Newswires) -- Air Canada ( ACDVF ) on Tuesday said it is launching new international flights connecting Vancouver and Manila. The company said the move will strengthen its presence in Southeast Asia and support Canada's Indo-Pacific strategy. With this new route, Air Canada ( ACDVF ) will now offer year-round, four-times-weekly service between Canada and...