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☆ The Executives Who Could Be Johnson & Johnson’s Next CEO
▼ + stars: | 2023-12-04 | by ( Peter Loftus | ) www.wsj.com time to read: 1 min

J&J is one of the best-known healthcare companies in the world, with more than 130,000 employees. Photo: Mark Kauzlarich/Bloomberg NewsThe succession race is on at Johnson & Johnson , after the abrupt departure of a top executive widely believed to have been in line for the healthcare company’s top job. Jennifer Taubert , a no-nonsense veteran who runs J&J’s pharmaceuticals business, and the investor-minded Chief Financial Officer Joseph Wolk are leading contenders for the top job after the surprising exit of J&J’s medical-device head Ashley McEvoy in October, people familiar with the succession race said.

Persons: Mark Kauzlarich, Johnson, Jennifer Taubert, Joseph Wolk, Ashley McEvoy Organizations: Bloomberg, Johnson

There are three classic theories:Deterrence: Severe sentences send a message to would-be criminals and prevent crimes. “If you’re going to deter, you have to reach an audience,” John Coffee, a Columbia University law professor and an expert on white-collar crime, told DealBook. Incarceration for economic crimes has an “expressive value,” Taub said. Bankman-Fried was famously obsessed with calculating risk — an effective sentence would signal to others like him that it’s not worth rolling the dice. — Ephrat LivniWe want to hear from you: How should judges approach sentencing for white-collar crime?

Persons: ” John Coffee, DealBook, Coffee, warranting, Judge Kaplan, Jennifer Taub, Taub, ” Taub, Fried, it’s, — Ephrat Livni, Biden, Sienna, Donald Trump Organizations: Columbia University, Alameda Research, Democratic, Biden, Times Locations: Western, England, Alameda, Virginia , Kentucky , Ohio, Pennsylvania

☆ Drugmakers aim to strike down Medicare drug-price negotiations at Supreme Court
▼ + stars: | 2023-06-20 | by ( Spencer Kimball | ) www.cnbc.com time to read: +10 min

And Bristol Myers Squibb is trying protect its blood thinner Eliquis, which brought in $11.8 billion in sales last year, or about 25% of the company's $46 billion total revenue for 2022. Long legal battle aheadMerck, the chamber and Bristol Myers Squibb filed their lawsuits ahead of two key deadlines. Bristol Myers Squibb did not either. If circuit court decisions on the matter contradict one another, the Supreme Court would step in to decide the issue, Bagby said. Bristol Myers Squibb made an identical argument in its complaint.

Persons: Richard A, Gonzalez, Pascal Soriot, Giovanni Caforio, Jennifer Taubert, Johnson, Kenneth C, Frazier, Albert Bourla, Olivier Brandicourt, Win Mcnamee, Drugmaker Merck, Drugmaker, Bristol Myers Squibb, PhRMA, Eli Lilly, Merck, Bristol Myers, Robin Feldman, Nicholas Bagley, Bagley, Gretchen Whitmer, Chris Meekins, Raymond James, Antonin Scalia, Brett Kavanaugh, Neil Gorsuch, Meekins, Long, Xavier Becerra, Randolph Daniel Moss, Barack Obama, Judge Thomas M, Rose, George W, Bush, Kelly Bagby, Bagby, Amgen, Donald Trump, Karine Jean, Pierre, Biden, Jean, we'll, Becerra, Feldman Organizations: Senate, AbbVie Inc, AstraZeneca, Myers Squibb Co, Janssen Pharmaceuticals, Johnson, Merck & Co, Inc, Pfizer, Sanofi, Getty, U.S . Chamber of Commerce, Bristol Myers Squibb, Washington , D.C, Southern, Southern District of, Democratic Party, U.S, Merck, Bristol, Pharmaceutical Research, Manufacturers of America, CNBC, Medicare, University of California College of, Justice Department, Michigan Gov, Bristol Myers, Human Services, Centers, Services, AARP Foundation, HHS, AARP, Specialty Pharmacy, Reuters, Supreme, Appeals, Democratic, U.S . Sixth, Republican, Third, White Locations: America, Washington , DC, Bristol, U.S, Washington ,, Southern District, Southern District of Ohio, New Jersey, Commerce's Dayton , Ohio, San Francisco

☆ Trump accuser E. Jean Carroll is writing an online romance novel with Trump's niece that will include 'erotic scenes,' 'a very bad man,' but no politics
▼ + stars: | 2023-06-01 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

E. Jean Carroll is writing an online romance novel with Mary Trump and law professor Jennifer Taub. The novel will be released in installments on Substack, Carroll announced in her newsletter. Carroll recently won a battery and defamation lawsuit against Donald Trump. "It's completely unlikely and weird and counterintuitive," Mary Trump told The New York Times about the novel. Mary Trump, Carroll, and Taub befriended each other in a Zoom knitting circle during the height of the pandemic, according to Backstory Serial.

Persons: Jean Carroll, Mary Trump, Jennifer Taub, Carroll, Donald Trump, —, Fred Trump Jr, Donald Trump's, Trump, It's, Mary, Taub Organizations: Service, Western New England University School of Law, The New York Times, Times Locations: Bella

☆ Mary Trump and E. Jean Carroll Are Collaborating on a Romance Novel. No Politics Allowed.
▼ + stars: | 2023-06-01 | by ( Alexandra Alter | ) www.nytimes.com time to read: +1 min

Earlier this year, Mary Trump, a niece and prominent critic of Donald J. Trump, had a bad bout of writer’s block. She was juggling several nonfiction projects and felt stuck, so she decided to write something completely different. Her latest book, “The Italian Lesson,” is a romance novel about an American woman with a secret past who tries to reinvent herself in Tuscany, where she opens a cafe and meets a handsome local vineyard owner. “It’s completely unlikely and weird and counterintuitive,” Trump said of the project. Later, they decided it would be fun to collaborate on a screenplay for a Hallmark-type romance movie as a way to stay in regular touch.

Persons: Mary Trump, Donald J, Trump, “, Donald Trump’s, “ It’s, ” Trump, Jean Carroll, Donald Trump, Jennifer Taub Organizations: Trump, Hallmark Locations: Tuscany

☆ GOP law cut Big Pharma tax rates by 40%, Senate report says
▼ + stars: | 2023-05-11 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +4 min

A Republican law has slashed the average tax rates of big pharmaceutical companies by more than 40% since it was enacted in 2017, Senate Finance Committee Democrats said in a report Thursday. That provision allowed U.S.-based pharmaceutical companies to access lower tax rates on their foreign income, the report said. Pharmaceutical companies report 75% of their taxable income overseas, the report said. The report said the average rate fell to 11.6% in 2019 and 2020, which resulted in billions of dollars in tax savings for pharmaceutical companies. Wyden also obtained similar information about other U.S. pharmaceutical companies, including Abbott Laboratories , Amgen , Bristol Myers Squibb and Merck .

☆ Influencers debate leaving Twitter, but where would they go?
▼ + stars: | 2022-11-06 | by ( The Associated Press | ) www.nbcnews.com time to read: +7 min

PHILADELPHIA — Pariss Chandler built a community for Black tech workers on Twitter that eventually became the foundation for her own recruitment company. I have lost hope in that,” said Chandler, 31, founder of Black Tech Pipeline, a jobs board and recruitment website. She now has more than 60,000 followers and her own company connecting Black tech workers with companies large and small. “This is the exact reason that Musk bought Twitter and didn’t just build his own social network,” Donovan said. “I’m personally going to stay on Twitter until there is really not a reason to stay anymore.

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