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The family of Barbara Piasecka Johnson, a Polish farmer's daughter who worked as a maid for an American heir to the Johnson & Johnson fortune before marrying him and eventually inheriting much of his wealth, says she has died. She was 76....
This the latest portfolio update for Berkshire Hathaway. Warren Buffett continued to add to his favorite companies such as Wells Fargo and IBM, while his new managers Ted Weschler and Todd Combs bought into three new positions and added to existing positions.
Johnson & Johnson CEO William Weldon stands to collect pension benefits and deferred compensation valued at $143.5 million after his retirement, according to new details released by the health-care conglomerate.
A South Carolina judge ordered Johnson & Johnson to pay the state $327 million in civil penalties after a jury concluded earlier this year the company misled doctors about the safety and effectiveness of antipsychotic Risperdal.
Johnson & Johnson is to buy Swiss medical devices maker Synthes Inc in a deal worth $21.3 billion, its largest ever buy, boosting its orthopedics franchise and reshaping the medical technology industry.
Johnson & Johnson is revamping the troubled unit that makes Tylenol and giving it new leadership in an effort to fix quality problems that have prompted multiple recalls, according to people familiar with the matter.
Johnson & Johnson said on Wednesday that it was recalling 9 million more bottles of its Tylenol painkiller because they did not adequately warn customers about the presence of trace amounts of alcohol used in the product flavorings.