Around the Net

J&J Stock Plunges Amid Report It Knew About Absestos In Powder

  • CNN.com, Friday, December 14, 2018 3:58 PM
"Johnson & Johnson's stock fell as much as 11% on Friday — on track for its worst day since 2002 — after a Reuters reportsaid the company knew for decades that asbestos was in its baby powder," according to CNN Business.The company's been fighting lawsuits alleging that talcum powder causes cancer, but the report "cites documents and other evidence that indicate company executives, mine managers, scientists, doctors and lawyers knew about the problem."

Read the whole story at CNN.com »

Next story loading loading..