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Texas judge weighs Paxton bid to block Kenvue dividend
Texas AG Ken Paxton seeks to block Kenvue’s $398M dividend and restrict Tylenol marketing as a judge considers his unprecedented request.
Tylenol, Kleenex, Band-Aid and more put under one roof in $48.7 billion consumer brands deal
Kimberly-Clark will acquire Tylenol maker Kenvue for $40B, creating a $32B consumer goods giant amid lawsuits and market pressures.
Texas lawsuit against companies behind Tylenol asserts unproven claims of autism risk
Texas Attorney General Ken Paxton on Tuesday accused the companies behind Tylenol of deceptively marketing the pain reliever to pregnant mothers in a lawsuit that asserted unproven claims that early exposure to acetaminophen increased risk of autism and other disorders. Paxton, an ally of President Donald Trump and a Republican candidate for U.S. Senate, announced the suit […]
Tylenol maker rebounds a day after Trump’s unfounded claims about its safety
Kenvue shares rebounded after Trump linked Tylenol to autism, claims disputed by the company and lacking new scientific evidence.
US stocks drift after an encouraging report on inflation
NEW YORK (AP) — U.S. stock indexes are drifting around their record levels on Wednesday following a better-than-expected update on inflation across the country. The S&P 500 was virtually unchanged in early trading and just below its all-time high set last week. The Dow Jones Industrial Average was up 62 points, or 0.1%, as of 10 a.m. […]
