By Heidi Harley

science / science - 6 years ago

J&J shares nosedive on report it knew of asbestos in Baby Powder

The decline in shares erased about $40 billion from the company's market capitalization, with investors worrying about the impact of the report as it faces thousands of talc-related lawsuits. J&J was found to have known about the presence of small amounts of asbestos in its products from as early a...