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That would cap its liability for all existing and future talc claims at the $8 billion it agreed to place in a settlement trust. J&J agreed to fund the proposed settlement trust over 25 years.
For the fiscal year 2023, Johnson & Johnson reported earnings of $35.15 billion, with an annual revenue of $85.16 billion, an increase of 10.57% over the previous fiscal cycle. Johnson & Johnson's shares traded at over $160 per share, and its market capitalization was valued at over $386.7 billion in July 2024. [125]
In this photo illustration, a container of Johnson and Johnson baby powder is displayed on April 05, 2023, in San Anselmo, California. Talc is a mineral comprised of mainly magnesium, silicon and ...
Johnson & Johnson (NYSE: JNJ) is exploring a plan to offload liabilities from its Baby Powder litigation into a newly created business that would then seek bankruptcy protection, Reuters reports.
Burning Man 2023, September 2023 southwestern U.S. floods. Heavy flooding at the Burning Man festival in Nevada, United States, kills one person and leaves tens of thousands of people stranded in the Black Rock Desert. Organizers close the festival to vehicles after the death was reported. International relations. Nuclear program of Iran
A jury ordered Johnson & Johnson to pay $260 million to an Oregon woman who said she developed a deadly cancer from using the company’s products that contained talc powder. ... in August 2023 ...
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