The separation of Johnson & Johnson's consumer-health products, including baby powder and shampoo, is expected to be completed next year.

Lego Sales Soar Despite Economic Uncertainty 

The Danish toy maker said demand for its colorful bricks remained strong despite the fragile state of the world economy.

Cineplex Looks to Revive Regal Merger After Cineworld Bankruptcy 

Canadian movie theater chain Cineplex has approached lenders to its bankrupt rival Cineworld about reviving a potential merger with the U.K. company's Regal Entertainment franchise, according to people familiar with the matter.

Unilever Goes Back to the Drawing Board With Accessible Deodorant Design 

The prototype, the winner of design and innovation awards, was deemed unsuitable for mass production after further testing.

Burberry Taps British Designer Daniel Lee as Creative Director 

The appointment of the award winning designer comes as the fashion house aims to anchor its identity and leadership in the U.K.

Alzheimer's Drug Slows Disease Progression in Trial 

Eisai and Biogen said their experimental Alzheimer's drug significantly slowed progression of the memory-robbing disease in a large study, bolstering the drug's prospects of approval.

Apple won't boost production of iPhone 14 due to slower demand: report 

Bloomberg News reported Tuesday night that an expected surge in demand failed to materialize.

Chinese Developer CIFI Shares Dive Amid Default Concerns 

Shares of CIFI Holdings fell sharply on Wednesday, following reports that an entity related to the Chinese developer had missed a debt payment.

Banks Fined $1.8 Billion Over Use of Banned Messaging Apps 

Eleven banks and brokerages, including Goldman Sachs and Bank of America, admitted they violated rules that require storage of written communications.

Tyson Foods Promotes Chairman's Son to CFO Role 

Tyson promoted the chairman's son to be its new finance chief as the meat producer navigates higher costs for worker wages and animal feed.


(END) Dow Jones Newswires

September 28, 2022 09:15 ET (13:15 GMT)

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