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...On Monday J&J shares fell about 4 per cent — or $17bn — of value on fears the talc litigation could continue for years....
...This represented a second attempt to resolve thousands of claims for the alleged carcinogenic properties of talc powder. The first case was dismissed earlier this year....
...LTL, the unit created by J&J to house the talc claims, would again file for bankruptcy in order to facilitate the settlement, the company said....
...Under this strategy J&J created a unit, LTL, to house all talc claims and put it into Chapter 11....
...The latter created a talc liabilities subsidiary to file for bankruptcy. Aearo had always been a real business within 3M....
...Johnson & Johnson, one of the world’s largest healthcare companies, is facing thousands of lawsuits from people alleging they got cancer from using one of their oldest products: talc-based baby powder....
...Another draw is the proximity to some of the city’s finest art galleries and museums, including the Metropolitan Museum of Art, the Guggenheim and the Cooper Hewitt, Smithsonian Design Museum....
...This is a co-production with the Teatr Wielki-Polish National Opera, where Treliński is artistic director....
...The company has said its talc is asbestos free and had not caused cancers but argues that settling current and future claims in the bankruptcy system would be preferable to fighting talc claims in the courts...
...The show has moved to New York’s Metropolitan Museum, a now standard Paris-America joint venture; next year’s blockbuster, Paris 1874: Inventing Impressionism, is an Orsay-Washington co-production. 5....
...“It will require J&J to litigate talc claims on a state-by-state basis and leave talc as an ongoing overhang on shares.”...
...The Sun said it would co-operate with the BBC’s internal investigation process....
...Indian telco Bharti Airtel and Japan’s Daiichi Sankyo, Denso, Japan Tobacco, Mitsubishi Electric and Mitsui & Co announce second-quarter earnings....
...This might seem a strange question to ask, but the answer is even more curious: through its endowment, the Louvre — visited by 7.7mn people in 2022 — co-owns that Latin American energy generator, as well...
...Collectors included US institutions such as New York’s Metropolitan Museum of Art and MoMA....
...Wall St’s co-heads cannot co-habit: FT Alphaville looks into the strange politics of co-heads inside investment banks....
...Ben Habib, Reform’s co-deputy leader and its candidate in Wellingborough, said Labour and the Tories were viewed as “shades of grey” among locals....
...We’ve always had a dislike of the twee — and saccharine,” says Paul Simmons, who co-founded Timorous Beasties (the curious name lifted from a line of poetry by Sir Robert Burns) with fellow Glasgow School...
...Lawyers for claimants who allege J&J’s talc caused their cancers welcomed the ruling....
...As a glimpse behind the hard metropolitan demeanour of New Yorkers, Meet Cutes NYC unveils the city’s more adorable side....
...Southern Investigations, the detective agency co-owned by Morgan, had close links with corrupt police officers....
...The Metropolitan Police has confirmed that two men were arrested under the Official Secrets Act in March over allegations of espionage-related offences....
...singers make their mark, including Elbenita Kajtazi, Nadine Benjamin and Karah Son, and the production is lucky to have the charismatic Aigul Akhmetshina when she is already booked to sing Carmen at the Metropolitan...
...J&J created offshoot LTL to contain liabilities potentially costing billions for allegedly carcinogenic talc powder....
...An earlier version of this article stated that the Thai Central Group co-owns the Chrysler Building with Signa. RFR Holding is the co-owner of the property....
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