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J&J Weighs Third Bankruptcy Try to Settle Baby Powder Suits

Johnson & Johnson is weighing a third attempt to use bankruptcy for an $8.9 billion settlement of tens of thousands of lawsuits that allege tainted talc in the company’s baby powder caused cancer.
J&J lowers annual profit outlook after Kenvue separation.
J&J lowers annual profit outlook after Kenvue separation. (Shutterstock)

Johnson & Johnson is weighing a third attempt to use bankruptcy for an $8.9 billion settlement of tens of thousands of lawsuits that allege tainted talc in the company’s baby powder caused cancer, the health-care giant told investors Tuesday.

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