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...The company did not admit any liability. 3M said in December it would stop making PFAS by the end of 2025....
...The Minnesota-based company said it would disburse the funds, representing a present value commitment of up to $10.3bn, over a 13-year period to cities, towns and public water suppliers for the detection...
...The Minnesota-based company said on Tuesday it expected to take pre-tax charges of $700mn to $900mn, including those actions announced earlier this year, and that about half of those charges would come in...
...The job cuts will be concentrated in 3M’s manufacturing operations, which the company last year announced it would restructure. 3M said it employed 95,000 people at the end of 2021, with about 50,000 in...
...The Minnesota-based company said last year it was aiming to spin off its healthcare unit and put one of its subsidiaries into bankruptcy, following legal claims over allegedly faulty earplugs. 3M also said...
...Legacy liabilities of that kind are piling up at 3M. The Minnesota-based company on Tuesday said it would stop manufacturing “forever chemicals” known by the “Pfas” abbreviation....
...The US conglomerate on Tuesday said it would exit manufacturing of so-called Pfas and work to discontinue use of these chemicals across its product range in a move that would cost the company up to $2.3bn...
...Founded as the Minnesota Mining and Manufacturing Company in 1902, 3M has long touted the advantages of sharing scientific expertise between its diverse divisions....
...11 bankruptcy. 3M says this will help resolve hundreds of thousands of claims that the company’s “combat arms earplugs” harmed members of the armed services....
...More than 100,000 US military veterans have sued the Minnesota-based company, claiming that their hearing has been damaged because of allegedly faulty earplugs. 3M’s move comes after a number of well-known...
...Company earnings: Google’s parent company Alphabet, Coca-Cola, Verizon, General Electric, 3M, General Motors, Kimberly-Clark, Spotify, Halliburton, Visa and Texas Instruments report results....
...This seemed to be the posture of 3M, the Minnesota industrial titan with an enterprise value of $85bn, in July when it placed a subsidiary in Chapter 11 bankruptcy....
...The strategy has shown promise so far. 3M’s shares jumped nearly 5 per cent on Tuesday after spending the majority of the year weighed down by the company’s litigation woes....
...Frei was diagnosed with tinnitus and now, almost a decade later, is one of 230,000 personal injury claimants who are suing the Minnesota-based conglomerate 3M, which they allege sold the army faulty Combat...
...Hacked emails and Middle East business deals Gerrard, a former policeman, was one of the City of London’s top litigators, having joined Dechert on a pay deal worth about $3m a year to co-lead its white-collar...
...When Prince died in 2016, I was bemused to see Minnesota-based cereal maker Cheerios and 3M, the manufacturer, post sympathy to their resident musical star....
...Her expectation of a rise in resource spending echoed the outlook of several mining companies that are banking on the world’s second-largest economy to take advantage of its relatively low inflation levels...
...One of his first steps after taking power — along with plans for a unity transitional government — was to urge mining companies to continue to operate....
...Blackwell, a founder of the Minnesota Association of Black Lawyers, counts manufacturing company 3M as a client and won a posthumous pardon for a black man in a century-old Minnesota rape case....
...A company developing a silver and zinc deposit in Bosnia-Herzegovina has launched the biggest share sale this year by a London-listed mining company....
...of the mining heavyweight full-year figures for 2020....
...“When you have 3m ounces [of annual production] you have enough scale and so getting larger than 3m ounces isn’t going to give you synergies per se,” he said....
...He was inducted into the National Inventors Hall of Fame and the Minnesota Science & Technology Hall of Fame....
...Back then, the German company said that Whinstone was building “by far the largest Bitcoin mining facility worldwide with a capacity of one gigawatt on an area of over 100 acres in Texas.”...
...Sales of electric cars rose 41 per cent last year, according to the IEA, with about 3m sold globally....
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