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J&J to stop selling talc-based baby powder globally in 2023 - TL;DR CNBC

J&J to stop selling talc-based baby powder globally in 2023

Publishing timestamp: 2022-08-11 21:48:24


Summary

Johnson & Johnson will stop selling talc-based baby powder globally in 2023 due to lawsuits claiming it caused cancer. The company denies the allegations and says its talc is safe. Lawsuits are currently paused due to bankruptcy filing.


Sentiment: MIXED

Tickers: JNJ

Keywords: business newshealth care industrybusinessjohnson & johnson

Source: https://www.cnbc.com/2022/08/11/jj-to-stop-selling-talc-based-baby-powder-globally-in-2023.html


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