Menu icon
Close menu iconThe Recount Logo
Get the Newsletter
The Recount
Get The Newsletter
BusinessFriday 11.12.21

Johnson & Johnson to Split Into 2 Public Companies

Health care conglomerate J&J has announced plans to split into two publicly traded companies — separating its consumer products business from its pharmaceutical and medical device operations. It’s the biggest shake-up in the company’s 135-year history.

The Daily Recount

Load More

ADVERTISEMENT

business

1:47
A government shutdown has been averted — which means hundreds of thousands of federal workers will continue getting their paychecks. And speaking of paychecks, the November jobs report is out — and it’s a confusing one. Here are the 3 things you need to know.

3 Things to Know About November's Confusing Jobs Report

1:18
For the first time in nearly three decades, MLB is in a work stoppage after the owners initiated a lockout. Players’ union representative Max Scherzer says the athletes just want a competitive league: “When we don’t have that, we have issues.”

MLB Is in a Work Stoppage for First Time in 3 Decades

1:00
Coming soon to Bessemer, Alabama: a second shot at unionization. A federal labor board believes Amazon interfered in the union election that took place earlier this year and is ordering another vote.

Amazon Ordered to Hold Another Union Election at Alabama Facility

1:02
Consumerism: It’s so last year. 2021 marks the first year that Americans spent less money on Black Friday than the previous year. That said, we still dished out 8.9 *billion* dollars.

Black Friday Spending Decreases for the First Time

1:00
In a ruling that could have major implications for similar cases, a federal jury found that CVS, Walmart, and Walgreens substantially contributed to the opioid crisis in two Ohio counties. The companies could soon be on the hook for billions of dollars.

Trouble For Big Pharma(cies)

0:43
Latest news

Hillary Clinton calls for regulation of cryptocurrency because it has the potential to "destabilize" nations.

0:50
Uber is partnering with a cannabis retailer to offer weed for takeout in Canada. Customers in Ontario can now place an order for pick up from any nearby Tokyo Smoke store on the Uber Eats app.

Uber Eats Partners With Cannabis Retailer in Canada

1:07
The former golden girl of Silicon Valley now taking the stand in federal court. After months of listening as the U.S. government mounted a case against her, Theranos founder Elizabeth Holmes unexpectedly testified in her own criminal trial. Holmes faces 11 counts of wire fraud and conspiracy to commit wire fraud. Wire fraud is a felony that carries a maximum penalty of 20 years and potential fines.

Elizabeth Holmes Testifies in Theranos Criminal Trial