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☆ From British Columbia to Nova Scotia, Wildfires Spread Across Canada
▼ + stars: | 2023-06-07 | by ( Dan Bilefsky | Vjosa Isai | ) www.nytimes.com time to read: +1 min

The danger of wildfires, which over the past few weeks have stretched from British Columbia on the west coast to Nova Scotia, nearly 2,900 miles away in the east, was brought home on Tuesday to the political heart of the nation. A thick haze hovered over Parliament Hill and the soaring Gothic Revival building that houses Canada’s Parliament in Ottawa. Prime Minister Justin Trudeau of Canada said that hundreds of soldiers were deployed across the country to help with firefighting efforts. Bill Blair, the emergency preparedness minister, told reporters last week that over the month of May an area of roughly 2.7 million hectares, or about 6.7 million acres, of forest in British Columbia, Alberta, Manitoba, Saskatchewan, Nova Scotia, New Brunswick, Ontario and the Northwest Territories had been scorched. “The equivalent of over 5 million football fields has burned in Canada so far this year,” he wrote on Twitter.

Persons: Hill, Justin Trudeau, Mr, Trudeau, Bill Blair, ” Organizations: Northwest, Twitter Locations: Canada, United States, British Columbia, Nova Scotia, Ottawa, Alberta, Manitoba, Saskatchewan, Nova Scotia , New Brunswick, Ontario, Northwest Territories

☆ Canadian wildfires prompt new evacuations, alarm over air quality
▼ + stars: | 2023-06-07 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Maye-E WongOTTAWA, June 7 (Reuters) - Firefighters battled hundreds of forest blazes on Wednesday as Canada's worst-ever early season wildfires prompted the evacuation of thousands and a blanket of smoky air wafting over U.S. cities. There are fires in nearly all of Canada's provinces and territories, with the eastern province of Quebec among the worst affected. The province, Canada's second-most populous, has suffered four times its 10-year average of wildfires so far this year. In neighboring Ontario province, Canada's most populous, deteriorating air quality has been forecast this week in cities including Ottawa and Toronto due to smoke plumes. Wildfires are common in Canada's western provinces, but this year flames have mushroomed rapidly in the country's east.

Persons: Wong OTTAWA, Francois Legault, Legault, Ismail Shakil, David Ljunggren, Deepa Babington Organizations: REUTERS, Firefighters, Residents, Thomson Locations: Manhattan, Canada, New York City , New York, U.S, Quebec, Canada's, New York, New Brunswick, France, United States, Portugal, Spain, Mexico, Chibougamau, Ontario, Ottawa, Toronto

REUTERS/Blair GableOTTAWA, June 7 (Reuters) - Hundreds of uncontrolled forest fires blazed across Canada on Wednesday, threatening critical infrastructure, forcing evacuations and sending a blanket of smoky air wafting over U.S. cities. Quebec Premier Francois Legault earlier said the province was able to fight 40 fires at the same time. Canadian Prime Minister Justin Trudeau said he spoke with U.S. President Joe Biden by phone on Wednesday to thank him for "critical support" in tackling the blazes. These fires are affecting everyday routines, lives and livelihoods, and our air quality," Trudeau said in a statement on Twitter. We will be facing more and more extreme weather events that will cost us a lot more," Prime Minister Justin Trudeau told the briefing.

Persons: Blair Gable OTTAWA, Bill Blair, Blair, Quebec Premier Francois Legault, Justin Trudeau, Joe Biden, Trudeau, Legault, Ismail Shakil, David Ljunggren, Nia Williams, Deepa Babington, Diane Craft Organizations: REUTERS, Quebec Premier, Canadian, U.S, Twitter, Residents, Thomson Locations: Centennial, Township, Greater Madawaska , Ontario, Canada, Quebec, U.S, New Brunswick, France, United States, Portugal, Spain, Mexico, Chibougamau, Ontario, Canada's, Ottawa, Toronto, British Columbia

☆ Analysis: Stelara patent deal puts J&J back on path to $57 bln 2025 revenue forecast
▼ + stars: | 2023-06-05 | by ( Patrick Wingrove | ) www.reuters.com time to read: +4 min

Stelara, introduced in 2009, has been J&J’s top-selling drug since 2019, with sales reaching $9.7 billion in 2022. J&J is forecasting $57 billion in pharmaceutical sales by 2025 after reducing its previous view of $60 billion in April, citing currency dynamics that hurt its pharmaceutical business in 2022. That would add around $4.6 billion to average estimates for pharmaceutical sales, as long as no biosimilars enter the market before 2025. Amgen said last month the confidential settlement it signed with J&J will allow it to sell its Stelara biosimilar no later than Jan. 1, 2025. “If no Stelara biosimilars enter in 2024, I think growth should continue at around 4% in 2023 and 2024,” Huynh said.

Persons: Johnson, Amgen, ”, Vamil, Trung Huynh, ” Huynh, Teva, biosimilar, Divan, Alvotech, Patrick Wingrove, Caroline Humer, Bill Berkrot Organizations: Amgen Inc, Analysts, Stelara, Reuters Graphics Reuters, Reuters, New, J, Credit Suisse, Food and Drug Administration, Alvotech’s, Thomson Locations: New Brunswick , New Jersey, Alvotech’s Reykjavik

[1/6] Aerial view of the wildfire in Shelburne County, Nova Scotia, Canada in this social media handout image released May 31, 2023. Nova Scotia Government/Handout via REUTERSMONTREAL, June 2 (Reuters) - A coastal city in Quebec ordered some 10,000 residents to evacuate homes on Friday as wildfires spread in eastern Canada and stretched firefighting resources already tackling blazes across the country. Wildfires are common in Canada's western provinces, but this year the eastern province of Nova Scotia is reeling from its worst-ever wildfire season. In another eastern province, Quebec, Premier Francois Legault has urged people to avoid spending time in forests over the next few days. Canadian armed forces have been helping fight fires in western Canada since early May and troops were sent to Nova Scotia on Thursday.

Persons: Bill Blair, Blair, Francois Legault, Stephane Lauzon, Justin Trudeau, Mateusz, Allison Lampert, Ismail Shakil, Nick Macfie Organizations: Nova, Nova Scotia Government, REUTERS, Emergency, Thomson Locations: Shelburne County , Nova Scotia, Canada, Nova Scotia, REUTERS MONTREAL, Quebec, Alberta, Northwest Territories, Saskatchewan, Manitoba, Quebec , New Brunswick, Polish, Ottawa, United States, Australia, New Zealand, South Africa, Poland, Montreal

☆ Raging wildfire empties homes in eastern Canada, pollutes air in US
▼ + stars: | 2023-05-31 | by ( Eric Martyn | ) www.reuters.com time to read: +3 min

The fire, which is about 30 kilometres (19 miles) west of downtown Halifax, has already forced 18,000 people to evacuate their homes. No fatalities have been reported but about 200 homes, structures have been damaged, the CBC reported, citing the Halifax Regional Municipality. Forest fires also led to evacuations of about 400 homes in the province of New Brunswick over the weekend, officials said. "The stories and the images we're seeing coming out of Nova Scotia and New Brunswick are heartbreaking," Prime Minister Justin Trudeau told reporters in Ottawa, pledging federal support for the Atlantic provinces. The Halifax wildfire was expected to cause poor air quality hundreds of miles to the south in parts of the U.S. East Coast and Midwest as smoke drifts across the regions.

Persons: David Steeves, Justin Trudeau, what's, Brendan O'Brien, Ismail Shakil, Sriraj Kalluvila, Marguerita Choy, Deepa Babington Organizations: HALIFAX, U.S, Nova, Nova Scotia Department of Natural Resources, CBC, CBC News, U.S ., National Weather Service, Thomson Locations: Nova Scotia, Halifax, Canadian, Halifax Regional Municipality, New Brunswick, Ottawa, Atlantic, Bedford , Nova Scotia, West Bedford, Alberta, U.S . East Coast, Midwest, Michigan, Ohio, Pennsylvania , New Jersey, New York, Philadelphia, Chicago

☆ A budget Canadian airline had 4 of its planes repossessed. Its CEO is blaming a conspiracy.
▼ + stars: | 2023-05-25 | by ( Bianca Giacobone | Taylor Rains | ) www.businessinsider.com time to read: +7 min

In March, lessor Airborne confiscated four of Flair Airlines' planes because of late payments. A low-cost Canadian upstart airline had four of its planes repossessed by New York-based aircraft lessor Airborne Capital on March 11, forcing the carrier to cancel multiple flights and leaving a trail of disgruntled passengers behind. Flair Airlines CEO Stephen Jones blamed "behind the scenes" scheming between the airline's competitors and Airborne Capital for the repossession of four of Flair's Boeing 737 planes. It's not the first time Flair has clashed with other Canadian airlines. US investment firm 777 Partners owns a 25% stake in Flair Airlines, which was cause for concern for the CTA.

Persons: Stephen Jones, Flair, We've, Jones, — Flair, It's, —, Tim Donovan, Donovan, Prince Edward Island Organizations: Airborne, Flair Airlines, Flair, Morning, Capital, Airborne Capital, Boeing, The Canadian Press, Air Canada, BOC Aviation, Financial, Ontario Superior Court of Justice, National Airlines Council of Canada, Canadian Transportation Agency, Partners, CTA, National Airlines Council, Easter, Airways Magazine, Bonza Airlines, Dominican Republic Locations: New York, North America, Canada, Titusville , New Brunswick, Toronto, Saint John , New Brunswick, Charlottetown, Ottawa, Montreal, Florida, Dominican

☆ U.S. bankruptcy judge halts 40,000 Johnson & Johnson talc and cancer lawsuits
▼ + stars: | 2023-04-20 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

In this photo illustration, a container of Johnson and Johnson baby powder is displayed on April 05, 2023 in San Anselmo, California. A federal bankruptcy judge on Thursday halted roughly 40,000 lawsuits that allege Johnson & Johnson 's baby powder and other talc products caused cancer. Amid the ongoing legal fights, J&J has continued to deny the allegations that its talc products caused cancer. The suits allege J&J's talc products were contaminated with the carcinogen asbestos, which caused ovarian cancer in thousands of individuals. Some lawsuits link several deaths to J&J's talc products.

☆ Johnson & Johnson Posts Higher Quarterly Sales, Raises 2023 Outlook
▼ + stars: | 2023-04-18 | by ( Peter Loftus | Will Feuer | ) www.wsj.com time to read: 1 min

Johnson & Johnson is spinning off its consumer-health business into a company that will house well-known brands such as Tylenol. Johnson & Johnson raised its full-year sales and earnings outlook after revenue rose 5.6% in the first quarter, lifted by demand for everything from Tylenol to the company’s pharmaceutical products and contact lenses. The New Brunswick, N.J., healthcare-products company also said Tuesday that first-quarter earnings were largely wiped out by a $6.9 billion charge tied to J&J’s proposal to resolve tens of thousands of lawsuits alleging injuries caused by its talc-containing powders including Johnson’s Baby Powder.

☆ Johnson & Johnson (JNJ) earnings Q1 2023
▼ + stars: | 2023-04-18 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +5 min

Johnson & Johnson shares fell Tuesday after the company reported adjusted earnings and revenue that topped Wall Street's expectations, but lowered its sales guidance for its pharmaceutical business. J&J is now forecasting 2023 sales of $97.9 billion to $98.9 billion, about $1 billion higher than the guidance provided in January. Lawsuits allege the company's talc products were contaminated with the carcinogen asbestos, which caused ovarian cancer in thousands of individuals. Some suits link several deaths to J&J's talc products. Read the full J&J earnings report.

☆ A meteorite crashed in Maine. A museum there is offering a $25,000 prize for whoever finds it.
▼ + stars: | 2023-04-12 | by ( Associated Press | ) www.businessinsider.com time to read: +3 min

The Maine Mineral and Gem Museum wants a piece of the rare meteorite for its collection. The unusually bright fireball could be seen in broad daylight around noon Saturday, said Darryl Pitt, chair of the meteorite division at the Maine Mineral and Gem Museum in Bethel. It's the first time radar spotted a meteorite fall in Maine, the space agency said. The Maine Mineral and Gem Museum wants to add to its collection, which includes moon and Mars rocks, Pitt said, so the first meteorite hunters to deliver a 1-kilogram (2.2-pound) specimen will claim the $25,000 prize. Pitt said the museum is also looking to purchase any other specimens found by meteorite hunters.

"Police believe one infant from the Romanian family has not been located and we'll continue searching. All are believed to have been attempting illegal entry into the U.S. from Canada," O'Brien added. Both the deceased and the missing children "were associated with the Romanian family" and had Canadian passports, which were found, O'Brien said. On Wednesday night, when the families likely sought to cross the river, the weather was poor. Reporting by Christinne Muschi in Akwesasne and Steve Scherer in Ottawa; Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.

Police recovered six bodies on Thursday and believe the tragedy may have occurred on Wednesday night. The Akwesasne reserve straddles both sides of the St. Lawrence River, with land in Ontario and Quebec on the Canadian side, and New York. To fight smuggling of people and goods, local police monitor the river full-time with funds from Quebec. On Wednesday night, when the families likely sought to cross the river, the weather was poor. Reporting by Christinne Muschi in Akwesasne and Steve Scherer in Ottawa; Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.

☆ J&J backs out of RSV vaccine race with rivals Pfizer and GSK
▼ + stars: | 2023-03-29 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

Johnson & Johnson on Wednesday said it's ducking out of the RSV vaccine race, weeks after competitors Pfizer and GSK inched closer to launching the world's first shot against the deadly virus. J&J will stop working on its investigational RSV adult vaccine program and discontinue a pivotal phase three trial testing the shot, the company announced in a press release. Since then, the race to create the world's first RSV vaccine has garnered more attention than ever. A phase two trial on the company's RSV shot found it provided 80% protection against severe RSV infections. Drugmaker Moderna also has its own potential RSV shot, which performed well in clinical trials.

After almost 40,000 asylum seekers entered Canada from the U.S. through irregular border crossings last year, the two countries revised their two-decade-old asylum pact last week to stem the flow of asylum seekers. After moving thousands of asylum seekers from Quebec to Ontario, the federal government relocated some 393 asylum seekers to the Atlantic provinces of New Brunswick, Nova Scotia and Newfoundland as of March 19, according to official data. These transfers over the past several months have been Canada's first relocations of asylum seekers, the government said. Some of the asylum seekers and advocates told Reuters there is inadequate access to legal counsel, potentially jeopardizing refugee claims. Chamagne said her three staff lawyers are trying to help 164 asylum seekers transferred to Halifax, Nova Scotia.

☆ Nearly 60% of institutional investors said they have used Reddit for investment decisions, survey shows
▼ + stars: | 2023-03-09 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

A Brunswick Group survey found 58% of institutional investors have used Reddit for investment decisions. "Institutional investors look for ways to keep their pulse on the conversation among retail investors." The investment advisory firm surveyed 257 US and European institutional investors – professionals who trade for banks, hedge funds and pensions – and found that 58% have used Reddit. "Institutional investors look for ways to keep their pulse on the conversation among retail investors. What's more, institutional investors are likely to be retail investors in their personal lives and may find their retail research habits helpful in their professional roles," the report said.

☆ Woman, 29, arrested after enrolling at New Jersey high school posing as student, officials say
▼ + stars: | 2023-01-25 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

A 29-year-old woman was arrested last week after she spent four days fraudulently enrolled in a New Jersey high school as a student, school district officials said. New Brunswick Public School District Superintendent Aubrey Johnson said Tuesday at a Board of Education meeting that Shin had attended New Brunswick High School for several days before she was caught. New Brunswick High School in New Jersey. During her days in school, Shin spent a lot of time with guidance counselors who were trying to find out more information about her, Johnson said. NBC News has asked the school district for comment.

☆ Johnson & Johnson Fourth-Quarter Earnings Down 25%
▼ + stars: | 2023-01-24 | by ( Dean Seal | ) www.wsj.com time to read: 1 min

Johnson & Johnson, which is based in New Brunswick, N.J., has scaled back production of its Covid-19 vaccine. Johnson & Johnson reported a 25% drop in earnings and declining sales for the fourth quarter as demand dropped for its Covid-19 vaccine. The New Brunswick, N.J., healthcare-products company said Tuesday that revenue fell 4.4% to $23.71 billion on fewer vaccine sales and a stronger dollar, below analyst estimates of $23.9 billion, according to FactSet.

☆ Millennials are living with their parents at higher rates than past generations, and they're not ashamed
▼ + stars: | 2023-01-17 | by ( Zoe Rosenberg | ) www.businessinsider.com time to read: +11 min

Since 2020 adults aged 25 to 34 are living at home at higher rates than past generations, said the Census Bureau. According to the US Census Bureau, about 18% of men and 12% of women ages 25 to 34 were living with their parents in 2022. Barwig estimates she's saving about $30,000 a year. "I don't really spend a lot of money," she said. She's been able to maintain the job as a mostly remote employee at the Jersey Shore, where her parents live.

☆ J&J Slashes Production of Its Unpopular Covid-19 Shot
▼ + stars: | 2023-01-13 | by ( Jared S. Hopkins | Peter Loftus | ) www.wsj.com time to read: 1 min

After mobilizing to quickly develop and manufacture a Covid-19 vaccine, Johnson & Johnson has vastly scaled back its efforts in producing the shots as it faces slumping demand. The New Brunswick, N.J., pharmaceutical company in recent months terminated manufacturing agreements with companies that helped produce the shot during the pandemic such as Catalent Inc. and Sanofi SA.

☆ U.S. job growth seen smallest in nearly two years in October, unemployment rate up
▼ + stars: | 2022-11-04 | by ( Lucia Mutikani | ) www.reuters.com time to read: +5 min

"The labor market is basically OK, but it does seem to be slowing," said Guy Berger, principal economist at LinkedInin San Francisco. "The Fed is going to try to thread the needle where they slow down the labor market enough to put downward pressure on wages and inflation, without causing a recession." Still, the labor market remains tight, with 1.9 job openings per unemployed person at the end of September. Stripping out any distortions from the weather and calendar quirk, wage growth is cooling. "We believe we've seen wage growth peak," said Michelle Green, principal economist at Prevedere in Columbus, Ohio.

☆ U.S. job growth beats expectations in October, but cracks emerging
▼ + stars: | 2022-11-04 | by ( Lucia Mutikani | ) www.reuters.com time to read: +5 min

"The report to us looks like payroll jobs growth will falter in coming months as companies batten down the hatches as the Fed continues to take away the economy's punch." The survey of establishments showed nonfarm payrolls increased 261,000 last month. Still, the labor market remains tight, with 1.9 job openings per unemployed person at the end of September. The increase in the unemployment rate from 3.5% September reflected a 328,000 decline in household employment. "The hope is that the labor market is merely returning to a more normal pace, rather than sitting dead in the water."

☆ J&J Makes a $16.6 Billion Bet on Heart Pumps to Lift Medical-Device Sales
▼ + stars: | 2022-11-02 | by ( Peter Loftus | ) www.wsj.com time to read: 1 min

Johnson & Johnson, based in New Brunswick, N.J., is planning to separate its consumer-health unit into an independent company next year. Johnson & Johnson is betting on a promising and fast-growing category of heart pumps to jump-start sales in its medical-device business with a new $16.6 billion deal to acquire Abiomed Inc. The health-products company will face challenges meeting ambitious growth targets for the new business, however, and ongoing clinical trials aren’t certain to produce results that will lead to wider use of Abiomed’s devices that J&J is counting on, analysts say.

☆ J&J's nearly $17 billion offer to buy a heart pump maker goes right to why we own it
▼ + stars: | 2022-11-01 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

The spin-off of J & J's consumer business, including such brands as Band-Aid and Tylenol, is expected in November of next year. Bottom line The new standalone J & J consumer company will be called Kenvue . A decision like this, to lay out nearly $17 billion, or $380 per Abiomed share, upfront, can therefore speak to management's confidence in the opportunity this acquisition presents. Fortunately, Johnson & Johnson has one of the best balance sheets in the world. Johnson & Johnson headquarters in New Brunswick, N.J. Mel Evans | AP

☆ Missing Florida boy, 6, found 2,000 miles away in Canada, father and grandmother arrested
▼ + stars: | 2022-10-31 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

A 6-year-old boy missing from Florida since August has been found safe nearly 2,000 miles away in Canada, and his father and paternal grandmother have been taken into custody, police said. Jorge Morales. As a result the child's father Jorge Gabriel Morales, 45, and grandmother Lilliam Pena Morales, 68, were arrested "without incident" and taken into custody by the RCMP, police said. ET): A previous version of this article misstated the relationship of Lilliam Pena Morales to Jorge “JoJo” Morales. She is his paternal grandmother, not his maternal grandmother.

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