Johnson & Johnson agrees to pay $230 million in compensation.

Johnson & Johnson agreed to give $230 million to New York State to settle the claim that was made over the opioid crisis. This was disclosed by Attorney General Letitia James on Saturday. James announced this in a statement that the pharmaceutical company has also agreed with New York to end the manufacture and distribution of opioids across the country. He said, "The company helped fuel this fire (drug crisis) but today they are committing to abandon the opioid business not only in New York but all over the country. A 2019 trial by James under the agreement will help Johnson & Johnson get rid of the trial, which was scheduled to begin in Long Island next week. It is among the causes that have resulted in the deaths of nearly 50,000 people in the last two decades. A statement issued by Johnson & Johnson attempted to reduce the attorney general's announcement. It said the agreement was about two painkillers developed by its subsidiary...