Johnson & Johnson will split into two public companies - November 12, 2021

Healthcare giant Johnson & Johnson plans to break into two companies, a move that splits up the multi-billion dollar consumer products division that sells Band-Aids, Tylenol and Johnson’s Baby Powders from the pharmaceutical business. The move follows suit of other multinational companies trying to simplify their structure as the healthcare industry changes. Toshiba Corp and General Electric announced similar plans this week. GE closes a defining chapter in US corporate history - Financial Times Biden administration announces deal to provide J&J Covid-19 vaccine to people in conflict zones and humanitarian settings - CNN The U.S. signed an international agreement on cybersecurity with 80 countries and hundreds of companies like Microsoft and Google. The agreement aims to foster an open internet and strive for better internet security through common laws and goals. The White House said the support reflects the Biden administration’s “priority to renew and strengthen America's engagement with the international community on cyber issues.” Ransomware takes center stage in U.S. official's Middle East trip - Reuters Bill proposes large financial institutions to report ransomware attacks, cap payments - SC Magazine @VP: Yesterday, I announced several initiatives related to space and cybersecurity that we will undertake alongside France and other countries. This is about taking on the challenges of the 21st Century. Learn more: The U.S. has had upwards of 10 million open jobs since June as the labor shortage persists. Last week, there were a projected 11.2 million U.S. job openings, well above their pre-pandemic peak of about 7.5 million. With many of the open jobs in warehousing, shipping and consumer-facing retail, companies are ordering a record number of robots to battle the labor shortage. North American companies ordered 29,000 robots in the first nine months of 2021, a 37% increase in orders than for the same period of 2020. Job listings offering less than $15 an hour are starting to disappear in t