JPMorgan is expecting an economic downturn, one of several big banks that are warning of a moderate recession later this year.

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J&J Proposes Paying $8.9B to Settle Talcum Powder Lawsuits
Johnson & Johnson is earmarking nearly $9 billion to cover allegations that its baby power containing talc caused cancer, more than quadrupling the amount that the company had previously set aside to pay for its potential liability.
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