Is it Friday yet? The markets opened down on Monday morning. The Dow Jones Industrial Average fell 213 points, or 0.89%, to 23,886, the S&P 500 declined 0.83%, and the Nasdaq was down 0.91%. Johnson & Johnson Extends Slump Following $40 Billion Baby Powder Crisis Wipeout Jim Cramer admitted that he...
Johnson & Johnson Receives Federal Subpoena for Alleged Asbestos in Baby Powder It is the first time that the company acknowledged it had received subpoenas regarding its baby powder product line. In..
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Johnson & Johnson said the Justice Department and U.S. Securities and Exchange Commission are investigating the company amid allegations Johnson's Baby Powder is contaminated with asbestos, a mineral..
On Wednesday, Johnson & Johnson it has received subpoenas from the U.S. Justice Department and the SEC.
Reuters reports that it's related to litigation involving alleged asbestos contamination in its..
According to a report by Reuters, on Wednesday, a key supplier of talc used in Johnson & Johnson's baby powder filed for Chapter 11 bankruptcy in the wake of multibillion-dollar lawsuits alleging its..