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Johnson & Johnson Has a Baby Powder Problem

More than 1,000 women and their families are suing J&J and Imerys, claiming the companies have known about a connection between the long-term use of baby powder and ovarian cancer for years and failed to warn them.

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Want a Discount on the New Tesla Model 3? Get in Line

Elon Musk will take the wraps off the company’s first mass-production electric car this evening. If you want one anytime soon—and particularly if you want to have any hope of taking full advantage of government subsidies—you should probably get in line at a dealership to put down a $1,000 deposit in person. Nevermind that no one has even seen the car yet and the first delivery won’t happen for at least another year.

McCain-Linked Nonprofit Received $1 Million From Saudi Arabia

A nonprofit with ties to Senator John McCain received a $1 million donation from the government of Saudi Arabia in 2014, according to documents filed with the U.S. Internal Revenue Service. Though federal law strictly bans foreign contributions to electoral campaigns, the restriction doesn’t apply to nonprofits engaged in policy, even those connected to a sitting lawmaker. Groups critical of the current ethics laws say that McCain’s nonprofit effectively gives Saudi Arabia—or any other well-heeled interests—a means of making large donations to politicians it hopes to influence.

This Is Where Bad Bankers Go to Prison

Kviabryggja Prison in western Iceland doesn’t need walls, razor wire, or guard towers to keep the convicts inside. Alone on a wind-swept cape, the old farmhouse is bound by the frigid North Atlantic on one side and fields of snow-covered lava rock on another. To the east looms Snaefellsjokull, a dormant volcano blanketed by a glacier. There’s only one road back to civilization. This is where the world’s only bank chiefs imprisoned in connection with the 2008 financial crisis are serving their sentences.

At Last, Your Broker Has to Put Your Retirement First

Despite years of resistance from Wall Street, the U.S. Department of Labor is expected to announce soon the final version of a rule that may force financial advisers to abandon the way they’ve done business for decades. For the first time, all advisers may need to act as fiduciaries, putting their clients’ interests first when handling retirement accounts.

Inside the Little-Known Japan Firm Helping the FBI Crack iPhones

Based in a small town southwest of Tokyo, Cellebrite built its business on pinball machines and stumbled into the mobile phone security business almost by accident. Now it’s at the center of a legal tussle between Apple and the U.S. government.

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How to Hack an Election

Andrés Sepúlveda sat before six computer screens. On his nape are the words “</head>” and “<body>” stacked atop each other, dark riffs on coding. He was watching a live feed of Peña Nieto’s victory party, waiting for an official declaration of the results from the Mexican presidential election. When Nieto won, Sepúlveda began destroying evidence: frying hard drives in a microwave, shredding servers in Ukraine and shredding documents. He was dismantling what he says was a secret history of one of the dirtiest Latin American campaigns in recent memory.

You’re Invited to Join the Editors of Bloomberg Businessweek

Don’t miss the opportunity to be inspired by ILMxLAB executive in charge Vicki Dobbs Beck, McLaren Applied Technologies simulation lead David Belo, Robinhood co-founder Baiju Bhatt, Slack co-founder and CEO Stewart Butterfield, award-winning architect Daniel Libeskind, WeWork co-founder and chief creative officer Miguel McKelvey, Hamilton costume designer Paul Tazewell, and many more. Full details here. Buy your ticket today.

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Today's Top Stories

Want a Discount on the New Tesla Model 3? Get in Line

McCain-Linked Nonprofit Received $1 Million From Saudi Arabia

This Is Where Bad Bankers Go to Prison

At Last, Your Broker Has to Put Your Retirement First

Inside the Little-Known Japan Firm Helping the FBI Crack iPhones

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Weitere Newsletter von Businessweek.com

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