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Tuesday newspaper round-up: Johnson & Johnson, Amazon, Ocado

Tue 28 Jul 2026 07:16

(Sharecast News) - Johnson & Johnson said it would pay an estimated $5.5bn to resolve tens of thousands of lawsuits alleging its baby ⁠powder and other talc products caused ⁠ovarian cancer, in a landmark deal that could end a contentious, decade-long legal battle. Johnson & Johnson on Monday said the settlement covers about 76,000 claims, including ones consolidated in a federal court in New Jersey, and related cases in state court, ⁠representing nearly all of the remaining talc claims against the company. - Guardian Train drivers are considering strike action over a lack of toilets, with unions saying basic needs are still not addressed a year after the rail regulator told operators to provide more facilities and breaks. Aslef said it was "putting the industry on notice". The train drivers' union added that companies had failed to deliver adequate toilets and reduce maximum driving times without a toilet break. - Guardian

Jeff Bezos's Amazon is preparing to launch more than 5,000 satellites to tackle patchy mobile phone coverage around the world. In a fresh challenge to Elon Musk's Starlink, the online retail giant said its upgraded Amazon Leo satellite network would be able to connect to ordinary smartphones in remote areas. In a filing with US regulators, Amazon said its new constellation would be able to eliminate so-called not-spots by connecting to people "beyond the reach of existing networks today". - Telegraph

Network Rail has blamed dried-out soil for slowing down Britain's trains. Services in parts of East Anglia and the South West will have their speed restricted from next month, Network Rail has said, as drought shrinks the soil around tracks and makes it unsafe to operate at full speed. - Telegraph

Ocado Group has quietly dropped its fight for a £190 million payout from Marks & Spencer, ending a long-running dispute - only for a fresh standoff to develop about the future expansion of their joint venture. Sources told The Times that no final payment will be made by M&S, which joined forces with Ocado in 2019 to create Ocado Retail. - The Times

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Mon 27 Jul 2026 07:16
Monday newspaper round-up: Heathrow airport, wind farms, Pinewood Technologies
(Sharecast News) - Expanding Heathrow airport will take thousands of jobs from other regions of the UK, including almost 10,000 from the West Midlands alone, according to an analysis of the government's own forecasts. An economic paper published by the Department for Transport last month shows that airports in England and Wales are likely to lose millions of passengers if Heathrow builds a third runway, in a significant blow to regional jobs. - Guardian
Fri 24 Jul 2026 07:16
Friday newspaper round-up: Tariffs, regional mayors, Leon boss
(Sharecast News) - Donald Trump has imposed a fresh round of sweeping tariffs on more than 80 countries to replace a 10% global duty that was due to expire, setting off a wave of criticism and protests from US allies and major trading partners. In its latest attempt to instate aggressive trade policies despite challenges from the America's highest court, the US has imposed a tariff of between a 10% or 12.5% on dozens of countries, including the United Kingdom, Mexico, Canada, Australia, India, China and the 27 countries that make up the European Union. It effectively replaces the blanket 10% tariff that Trump imposed in February, right after the US supreme court declared that many of his earlier tariffs were illegal. - Guardian
Thu 23 Jul 2026 07:16
Thursday newspaper round-up: Business rates, Barclays, Moonshot
(Sharecast News) - Business rates will be cut by 20% for pubs, clubs and live music venues across England from April next year, Downing Street has announced. The discount will apply to nearly 32,000 hospitality businesses and is expected to save a typical pub about £1,100 annually, but will not be available to the very largest live music venues. - Guardian

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