Johnson & Johnson Drops $700 Million in Talc Scandal

   Johnson & Johnson agreed to pay $700 million to end a probe into their baby powder's marketing.

   What's the matter? Well, over 40 states have been digging into claims that the company wasn't upfront about cancer risks linked to their talc.

   If it goes through, this deal might shield J&J from over 50,000 lawsuits over this talc trouble. How about that?

   Did you know? Back in 2018, Johnson & Johnson paid nearly $4.7 billion to 22 women because asbestos in their talc was linked to ovarian cancer. Yikes!

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US Shoppers Racking Up Debt

   In November, US shoppers went on a borrowing frenzy, taking on $23.8 billion in new debt.

   This is a big surprise. You see, experts expected this number to be only $8.6 billion.

   Americans are spending big time and credit cards are the main reason.

   This spike in borrowing could mean different things. Are folks feeling good about spending, or is it getting too costly to live?

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Self-Driving Taxis Zoom Onto Highways

   Waymo, a self-driving car company, is sending their robot taxis onto Phoenix highways this month.

   Now, this is a big step. These robotaxis have only been cruising around cities and the suburbs before.

   You see, Waymo's cars (electric Jaguars) will be totally self-driving, with no people taking the wheel.

   This move comes as Waymo's competitors, like Cruise and Tesla, have been recently involved in dangerous accidents. May these rides be safer.

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Bitcoin ETF Fee Battles

   Big investment firms are racing to offer bitcoin ETFs. They've shared their fees with U.S. regulators and these are very low.

   Ark Investments and 21Shares dropped their fees to just 0.25% from 0.80%.

   Grayscale, another big player, wants to charge more, at 1.5%. Other big names include BlackRock and Fidelity.

   So now, the heat is turning up as the SEC's deadline to decide whether to green light Bitcoin ETFs nears.

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