American multinational corporation

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3M: American multinational corporation
The 3M Company is an American multinational conglomerate corporation operating in the fields of industry, worker safety, US health care, and consumer goods. The company produces over 60,000 products under several brands, including adhesives, abrasives, laminates, passive fire protection, personal protective equipment, window films, paint protection films, dental and orthodontic products, electrical and electronic connecting and insulating materials, medical products, car-care products, electronic circuits, healthcare software and optical films. It is based in Maplewood, a suburb of Saint Paul, Minnesota.


Protective mask sales lift 3M profit [Video]

Protective mask sales lift 3M profit

3M's quarterly profit surged as the industrial conglomerate doubled production of its N95 respiratory masks amid the pandemic. Fred Katayama reports

Credit: Reuters Studio     Duration: 01:08Published
Trump Makes Deal With SM To Produce More Masks [Video]

Trump Makes Deal With SM To Produce More Masks

President Donald Trump made a deal with 3M to provide N95 respirator masks during the COVID-19 pandemic. The company will import 55 million of them a month for the next three months. According to..

Credit: Wochit News     Duration: 00:32Published

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Arrest, lawsuits provide glimpse into coronavirus price-gouging playbook

Efforts to crack down on fraudulent 3M respirator salesmen and middlemen netted their first criminal case this week. - Published

Used car dealer charged with price gouging New York City on 3M's N95 masks

A New Jersey used car dealer was criminally charged on Tuesday with exploiting the coronavirus pandemic by trying to defraud and price gouge New York City into buying N95 respirator masks in a roughly..
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Despite Trust Model Debates, Ethereum Is Bitcoin’s Largest Sidechain by Total Value Locked

despite trust model debates, ethereum is bitcoin’s largest sidechain by total value locked
Advertisment The Ethereum network now has more bitcoin held in reserves than the Lightning Network, according to onchain statistics. At the time of publication, Wrapped Bitcoin (WBTC) has close to..
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ICE partners with Amazon, 3M and Pfizer to identify counterfeit coronavirus gear

ice partners with amazon, 3m and pfizer to identify counterfeit coronavirus gear
U.S. Immigration and Customs Enforcement and companies including 3M Co., Inc. and Pfizer Inc. said they are working together to curtail the flood of counterfeit masks, coronavirus tests and..
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Wall Street set to jump as 3M, Pfizer earnings impress

Wall Street was set to open higher on Tuesday after a round of quarterly earnings reports brought upbeat signs from Pfizer and respiratory mask-maker 3M for investors increasingly hopeful of a relaunch..
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Futures jump with focus on earnings, easing of lockdowns

U.S. stock index futures rose on Tuesday after a round of quarterly earnings reports brought upbeat signs from Pfizer and respiratory mask-maker 3M for investors increasingly hopeful of a relaunch of..
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2 Sought $4 Million for Face Masks That Didn’t Exist, U.S. Says

Two Southern California men face fraud charges after putting fake 3M labels on empty boxes that they said were filled with masks, prosecutors said. - Published

Company Questions Deal by ‘Shark Tank’ Star to Sell N95 Masks to Florida

The company that makes the masks, 3M, said Daymond John’s firm The Shark Group was not an authorized distributor and appeared to have been selling them at an inflated price. - Published

3M sues distributor for alleged price gouging of N95 respirators in New York

3M Co said it filed a lawsuit against Performance Supply LLC on Friday, alleging that the New Jersey-based company had posed as an authorized vendor of 3M-branded N95 respirators and offered millions..
Reuters - Published

US President Donald Trump announces 3M deal for millions of masks

us president donald trump announces 3m deal for millions of masks
President Donald Trump on Monday announced a deal with US manufacturing giant 3M to provide millions of facemasks to combat the coronavirus pandemic after a dispute over foreign distribution. "We have..
WorldNews - Published

Canada PM says will not retaliate against U.S. over block of mask exports

Canadian Prime Minister Justin Trudeau said he would not retaliate for U.S. President Donald Trump blocking 3M Co's exports of N95 respirator masks that protect doctors and nurses from the spread of..
Reuters - Published

Trump Invokes Act to Prevent Exports of Key Medical Gear

trump invokes act to prevent exports of key medical gear
(Bloomberg) — President Donald Trump said had he invoked the Defense Production Act to prevent crucial medical supplies from being exported to other countries — an escalation of his battle with 3M..
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Canada blasts U.S. block on 3M exports of masks as coronavirus cases set to soar

Canadian officials on Friday blasted a move by President Donald Trump to block 3M Co's export of N95 respirator masks for use by doctors and nurses as coronavirus cases were projected to soar in the..
Reuters - Published

Coronavirus: US 'wants 3M to end mask exports to Canada and Latin America'

Mask manufacturer 3M says the move would have "significant humanitarian implications".
BBC News - Published

3M warns against Trump's order to limit face mask exports

3M Co said on Friday it would make more face masks for the United States to fight the coronavirus pandemic, but warned of the "humanitarian implications" of limiting supply to other countries as..
Reuters - Published

3M to make more face masks, ramp up imports to U.S. after Trump order

3M Co said on Friday it would increase the production of respirators and import more masks into the United States, after President Donald Trump invoked a law to help ease a shortage of essential items..
Reuters - Published

Trump blasts 3M as company says mask demand far exceeds ability to produce them

President Trump is criticizing 3M over the production of masks as the company revealed demand is "much higher" during the coronavirus pandemic. - Published

Trump says 3M 'will have a big price to pay' over face masks

President Donald Trump slammed 3M Co in a tweet late on Thursday after earlier announcing he was invoking the Defense Production Act to get the company to produce face masks.
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Trump declares 'major disaster' relief for several states during coronavirus pandemic

President Trump credits companies like 3M and Ford for their efforts to distribute products to the hardest hit areas during the COVID-19 crisis. - Published

Ford partners with 3M, GE Healthcare to make respirators, ventilators to fight coronavirus

Ford announced it's working with 3M and GE Healthcare to ramp up manufacturing of ventilators, respirators and other equipment to fight COVID-19. - Published

Ford joins 3M, GE in speeding up ventilator, respirator production

Ford Motor Co said on Tuesday it was working with General Electric's healthcare unit and 3M Co to speed up production of ventilators for patients and respirators for healthcare workers as the..
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J.D. Power: Coronavirus could drop vehicle sales by 3M, but industry can recover

J.D. Power says the coronavirus could mean a drop in vehicle sales by 3 million, but government stimulus and the length of shutdowns could blunt that. - Published

3M forecasts 2020 profit below estimates on weak China demand

U.S. industrial giant 3M Co forecast 2020 profit below expectations and narrowly missed quarterly revenue estimates on Tuesday, as it continues to face sluggish demand in China, sending its shares down..
Reuters - Published

Teen wins science competition with liquid bandage invention

Kara Fan beat nine other finalists and hundreds of students who submitted ideas in the 3M​ Young Scientist Challenge, winning $25,000
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Strong tech results propel S&P 500, Nasdaq

The S&P 500 and the Nasdaq rose on Thursday following strong quarterly reports from several technology companies, including Microsoft Corp , but dour results from 3M Co stymied the Dow Jones Industrial..
Reuters - Published

S&P 500, Nasdaq rise on strong tech earnings

The S&P 500 and the Nasdaq rose on Thursday following strong quarterly reports from several technology companies, including Microsoft Corp , but dour results from 3M Co stymied the Dow Jones Industrial..
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S&P 500 edges higher on mix of earnings reports, tech shines

The benchmark S&P 500 edged higher on Thursday as strong results from Microsoft Corp and PayPal Holdings Inc offset dour results from 3M Co and Twitter Inc .
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Wall Street mixed after earnings reports; 3M weighs on Dow

The S&P 500 and Nasdaq indexes rose on Thursday, getting a boost from Microsoft and PayPal's strong earnings, but poor results from 3M pushed the blue-chip Dow Jones index into the red.
Reuters - Published