J&J share plunge wipes out $45 billion on reports of asbestos in baby powder1 min read . Updated: 15 Dec 2018, 09:15 AM IST
J&J was found to have known about the presence of small amounts of asbestos in its products from as early as 1971
New York: Johnson & Johnson’s drop of 11% in Friday’s trading may bring on deja vu for some investors after a Reuters report said the company knew for decades that asbestos was sometimes present in its baby powder.
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