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N Korea seeks investments, executive in delegation says

Bloomberg North Korea signalled it wants investments from South Korean companies to help modernise the secluded country, said a top executive in the business delegation that visited Pyongyang last week. North Korea wants to have economic cooperation and technical assistance from the South, Sohn Kyung-shik, the 79-year-old co-chairman of CJ Group and the head of the Korea Employers Federation, told ...

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Instagram founders leave Facebook as tension grows

Bloomberg The founders of Instagram are leaving Facebook Inc. after growing tensions with Chief Executive Officer Mark Zuckerberg over the direction of the photo-sharing app, people familiar with the matter said. The stock dropped 2 percent in pre-market trading on Tuesday. Kevin Systrom and Mike Krieger, who have been at the company since Instagram’s acquisition by Facebook in 2012, had ...

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J&J talc cancer case ends in mistrial with divided jury

Bloomberg Johnson & Johnson’s latest trial over claims that its baby powder causes cancer ended in a stalemate when jurors couldn’t agree on a verdict. A state judge in Pasadena, California, declared a mistrial after jurors deadlocked on Carolyn Weirick’s request for at least $25 million in damages over her mesothelioma, a cancer linked to asbestos exposure. Weirick said she ...

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