Temperatures will plummet overnight in the Northeast, bringing a cold and possibly blustery day for the U.S. Thanksgiving holiday and leaving the fate of the Macy’s parade balloons up in the air until the event starts.
Johnson & Johnson may pay as much as $1 billion to insurers who covered the medical costs of removing its recalled hip implants under a settlement announced last week, according to a lawyer involved in the accord.
A former Bernard Madoff aide advised her staff not to tell people at the 2008 company Christmas party about checks totaling hundreds of millions of dollars written to firm insiders as Madoff’s fraud was unraveling, a jury was told.
Heavy rain and high wind along the U.S. East Coast are tying up air traffic for holiday travelers as the organizers of Macy’s Thanksgiving Day Parade wait to decide whether the event’s trademark balloons will fly.
Federal Reserve Chairman Ben S. Bernanke and his colleagues are suffering through their own form of cognitive dissonance: revealing new concerns about the economy’s long-term prospects even as they forecast faster growth in 2014.