Johnson

Illustration by Justin Sullivan/Getty Images (NEW YORK) — Johnson & Johnson announced Tuesday that the company has agreed to pay $8.9 billion over 25 years to settle “all current and future” claims that the company’s baby powder and other cosmetic talc products allegedly caused cancer. The company announced in the securities filing that its subsidiary […]

RapidEye/Getty Images (NEW YORK) — Johnson & Johnson cannot use bankruptcy court to resolve civil lawsuits that claim its iconic baby powder caused cancer, a federal appeals court ruled Monday. The opinion foiled Johnson & Johnson’s plan to shift onto a new entity, LTL Management LLC, some 38,000 lawsuits that alleged the talc in Johnson’s […]