— Diane Swonk (@DianeSwonk) December 19, 2018But by another measure of the stock market’s recent performance, the Fed’s hike was unprecedented. — Another court loss for Johnson & Johnson. NYT's Tiffany Hsu: "Johnson & Johnson lost its motion on Wednesday to reverse a jury verdict that awarded $4.69 billion to women who blamed their ovarian cancer on asbestos in the company’s baby powder and other talc products. "The plaintiffs — 22 women and their families — were the first to go to court against Johnson & Johnson claiming that their ovarian cancer was linked to asbestos contamination in the company’s talc. ... Johnson & Johnson has known for decades about the risk of asbestos contamination in its talc, but fought to keep negative information behind closed doors.

Source: Washington Post December 20, 2018 13:07 UTC