Pins matching place:"New Jersey"

Claude Shannon's paper appears in the Bell System Technical Journal, defining the bit, channel capacity and entropy, and founding information theory. Every modem, codec and error-correcting code since rests on it.

In 1961 General Motors installed the Unimate, the world's first industrial robot, at its New Jersey factory to lift and stack hot die-cast metal parts. Industry 4.0 opens its history of factory automation with this machine.

Nur-E Gulshan Rahman and her daughter Nur-E Farhana Rahman open a small Bangladeshi restaurant in Jersey City, starting out as a daily home-cooking buffet.

The chain told its staff it would wind down or sell all 735 of its US stores, ending a company that had defined the category-killer format for forty years. A leveraged buyout in 2005 left it carrying about $5bn of debt it never worked off.

Crews broke ground on the Hudson Tunnel Project, a new rail tunnel meant to relieve the century-old, storm-damaged North River Tunnel beneath the Hudson River.

Johnson & Johnson said it would separate its roughly $9.2 billion-a-year orthopaedics business into a standalone company called DePuy Synthes within 18 to 24 months, and named former Smith & Nephew chief Namal Nawana to run it.

Johnson & Johnson signed a voluntary most-favored-nation drug-pricing agreement with the Trump administration, selling medicines through TrumpRx.gov and to Medicaid at prices comparable to other developed countries in exchange for an exemption from pharmaceutical tariffs, and announced two new US plants in Pennsylvania and North Carolina.

Johnson & Johnson reported second-quarter sales of $25.3 billion, up 6.6%, and adjusted EPS of $2.90, and raised its 2026 outlook to about $101.1 billion in sales and $11.68 adjusted EPS at the midpoint.

Johnson & Johnson announced a proposed resolution of its remaining ovarian talc litigation, about 76,000 claims, with a $5.5 billion commitment paid per claim - no more than $3 billion in 2027 and nothing more before 2028 - if at least 95% of claimants take part.

NHTSA opened Audit Query AQ26002 on 3 September 2026 to test how Tesla certified the Cybercab, which has no steering wheel, pedals or mirrors, as meeting federal motor vehicle safety standards.

Bloomberg reported that Apollo Global Management is in talks to buy DePuy Synthes, J&J's $9.3 billion-a-year orthopaedics unit, at a value close to $20 billion, with a deal possible within weeks though J&J could still spin the unit off instead.

Wonder is cutting 533 jobs between 16 September 2026 and 8 January 2027 as it closes its Cranford and Fairfield, New Jersey production facilities and consolidates into a new plant in Swedesboro.

Johnson & Johnson reported positive topline results from Study 451: once-daily Caplyta (lumateperone) 42 mg cut manic symptoms in bipolar I disorder by 4.8 YMRS points more than placebo at week 3, with a significant effect from day 3.

Samsung Electronics America's New Jersey WARN notice lists 739 roles at its Englewood Cliffs headquarters ending on 30 September 2026, about 62% of its roughly 1,200 New Jersey staff, as the unit moves to Plano, Texas.

Johnson & Johnson releases its third-quarter 2026 results at about 6:45 a.m. Eastern on Tuesday 13 October and reviews them on an 8:30 a.m. investor call hosted by CEO Joaquin Duato and CFO Joseph Wolk.

Johnson & Johnson holds its first enterprise business review since December 2023, where CFO Joseph Wolk says it will set out growth above its 5% to 7% long-term target, with a clear line of sight to double digits by the end of the decade.