
Johnson & Johnson to Pay Estimated $5.5 Billion in Talc Settlement
Johnson & Johnson agrees to pay up to $5.5 billion to settle nearly 76,000 lawsuits alleging its talc products caused ovarian cancer, ending a decade-long legal battle.

Johnson & Johnson agrees to pay up to $5.5 billion to settle nearly 76,000 lawsuits alleging its talc products caused ovarian cancer, ending a decade-long legal battle.

Tether and Nairobi Securities Exchange explore tokenized securities, blockchain infrastructure, and USDT as a settlement layer in a new MoU, amidst growing tokenized real-world assets sector.

Ukrainian forces attacked 10 DPR settlements in 24 hours, killing 1 civilian, injuring 4, and damaging vehicles, per DPR's war crimes documentation department.

Eligible Amazon Prime subscribers in the U.S. must file a claim by the approaching deadline to receive a portion of a $2.5 billion settlement over allegations of unintentional enrollments and difficult cancellations.

Transnistrian authorities have accused Moldova's Deputy Prime Minister for Reintegration, Valeriu Chiveri, of sabotaging conflict resolution negotiations by refusing to meet at neutral OSCE venues. The unrecognized republic's Foreign Ministry called for an immediate return to talks, which have been frozen since 2019 on the 5+2 platform.

China and Asean foreign ministers released a joint statement in Manila, addressing the ongoing energy crisis and the Middle East conflict, calling for a ceasefire and peaceful resolution, and welcoming US-Iran negotiations.

The Christian Brothers initially declared insolvency, threatening to leave child abuse survivors shortchanged after transferring properties worth hundreds of millions to Edmund Rice Education Australia for $1 each. Following sustained pressure, EREA agreed to take over claims, ensuring full compensation for survivors.

Russian Foreign Minister Sergey Lavrov, speaking in Kyrgyzstan, attributed the failure of US proposals for a Ukrainian settlement to Kiev's "arrogant" rejection, largely due to ongoing US military aid. He reaffirmed Russia's commitment to its objectives, emphasizing the need to identify true responsibility for the outcome.

The Bank of the Philippine Islands (BPI) plans to pilot a stablecoin-based settlement system for cross-border payments to freelancers and overseas workers, developed with Meridian. This initiative aims to reduce costs and processing times for inbound funds, converting stablecoins to pesos before crediting BPI accounts.

Russian Foreign Minister Sergey Lavrov stated Russia prefers a political and diplomatic settlement but acknowledged that the US and Ukraine have rejected the Anchorage agreements, implying Russia will achieve its goals regardless.

A South Korean appellate court ordered SK Group Chairman Chey Tae-won to pay 944 billion won (US$644 million) in property division to his former wife, Roh Soh-yeong, in a high-profile divorce case, following a Supreme Court remand for review.

The EU faces a credibility test over its commitment to a two-state solution in Palestine as Israel's illegal settlements expand, with the EU's response being deemed insufficient despite recent sanctions.

Maxone Semiconductor Suzhou's president, Zhou Ming, transferred 6 billion yuan worth of company shares to his ex-wife as part of a divorce settlement, causing concern among retail investors about corporate governance and potential share price volatility for the A-share market company.

The SEC will pay $150,000 in legal fees and review its record-keeping practices as part of a July 22 settlement, ending a public-records lawsuit backed by Coinbase. The case, filed by History Associates, focused on transparency and the preservation of federal records, including text messages.

Cryptocurrency exchange Gemini sent $10 million in Bitcoin to the MAGA Inc. Super PAC supporting Donald Trump, weeks after the CFTC filed a motion to reverse a $5 million settlement with Gemini. This donation follows other contributions by the Winklevoss brothers to Trump's campaign.

Top US and Russian diplomats, Marco Rubio and Sergey Lavrov, discussed the Ukraine war on the sidelines of an ASEAN meeting in Manila, Philippines. Lavrov reiterated Russia's readiness for a political settlement and condemned Western arms supplies, while Rubio affirmed the US's willingness to play a constructive role in ending the conflict.

A Florida teen, RKC, dropped his lawsuit against Meta alleging its platforms caused his depression and anxiety, days before trial. This follows settlements with YouTube, TikTok, and Snap, and other recent verdicts against social media companies for addictive products.

Kakao Group, including Kakao Pay and Kakao Bank, signed an MOU with Circle Internet Group to explore won-backed stablecoin payments and cross-border remittances in South Korea, anticipating upcoming crypto regulations.

Russian Foreign Minister Sergey Lavrov and US Secretary of State Marco Rubio concluded a 37-minute meeting in Manila, Philippines, where they planned to discuss the Ukraine conflict settlement. The US side initiated the talks.

The Bank of Russia acquired 4.8 billion rubles ($61.4 million) worth of yuan on the domestic market for settlement on July 22, 2026. This follows a similar purchase of 4.8 billion rubles in yuan with settlement on July 21.

The US SEC agreed to pay Coinbase $150,000 in legal fees to settle a two-year lawsuit seeking internal records related to the agency's crypto crackdown. This agreement, filed Wednesday, follows revelations of deleted texts from former SEC Chair Gary Gensler and marks another legal win for Coinbase.

Military expert Andrey Marochko informed TASS that Russian forces control the greater part of Pisarevka in Ukraine's Sumy Region, with a portion remaining in a "gray zone," following their earlier establishment of a foothold on its outskirts.
Bira 91 founder Ankur Jain has exited the company, relinquishing control and ownership as part of a settlement with institutional investors and lenders. This agreement aims to recapitalise B9 Beverages and restart operations after severe financial strain, regulatory setbacks, and governance disputes halted production and led to layoffs.

Bloomsbury, publisher of Harry Potter, will receive a multimillion-pound payout from a $1.5bn copyright settlement between AI startup Anthropic and thousands of authors. The settlement addresses the use of protected work to train AI chatbots, with Bloomsbury expecting around $19m.