Edolphus Towns

A House panel will hold a second hearing, postponed until sometime after June 30, to examine the recall of more than 135 million bottles of infant and children's medicines produced by J&J's McNeil Consumer Healthcare unit. This time the boss is expected to show.

Johnson & Johnson is being accused of stonewalling a congressional investigation into the recent recall of the company's children's medicines, The New York Times reported.

American International Group (AIG) CEO Edward Liddy is speaking before the House Oversight and Government Reform Committee today, discussing the company's status. According to reports, Liddy told the group that the company has reduced, but not eliminated, the risk its failure could pose to the...