Oklahoma Attorney General Mike Hunter talks with the media during a break the Opioid trial in Norman, Okla., June 26, 2019. Sue Ogrocki | AP SC Johnson, maker of Drano, Pledge and other household products, is threatening to sue Oklahoma Attorney General Mike Hunter for citing the company’s slogan in the state’s opioid lawsuit against
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Getty Images North America Peloton, best known for at-home fitness equipment and accompanying streaming fitness services, revealed Tuesday growing sales but widening losses ahead of its IPO, in documents filed with regulators. Peloton reported $915 million in sales for fiscal year ended June 30, 2019, up 110% from $435 million in fiscal 2018. In fiscal
Behind the wheel of the 2018 Kia Stinger GT1 Mack Hogan | CNBC Some consumers are turning off driver safety systems because the technologies are “annoying or bothersome,” an emerging problem for the auto industry, according to a study released Tuesday by J.D. Power. Automakers are spending significant capital on semi-autonomous and driver-assist systems that are
Johnson & Johnson, the conglomerate that makes every thing from pharmaceutical drugs to consumer packaged goods, was dealt a $572 million set back by an Oklahoma judge for having a hand in igniting the state’s opioid epidemic. It’s the first court case where an American drugmaker was found responsible for influencing the opioid crisis, which
Art Cashin told CNBC on Monday that President Donald Trump may have learned his lesson in response to market volatility amid the trade tensions. “I don’t know how long the lesson will last but I think he’ll be more modified from now on,” Cashin, UBS director of floor operations at the New York Stock Exchange, said on