Johnson & Johnson Ordered to Pay $247M for Defective Hip Implants

A Texas federal jury slapped DePuy Orthopaedics and corporate parent Johnson & Johnson with a $247 million verdict Thursday over its Pinnacle artificial hips that injured six, handing the companies their third consecutive costly loss on the implants.

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Former HSBC Currency Honcho Can’t Block Extradition to US

A former head of currency trading at HSBC is facing extradition from London to the United States, where federal prosecutors have charged him with fraud for alleged front-running trades executed in advance of a client’s multibillion-dollar currency conversion.

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