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NEW BRUNSWICK, N.J. — Johnson & Johnson is earmarking nearly $9 billion to cover allegations that its baby powder containing talc caused cancer, more than quadrupling the Official Mint Kentucky Derby 149 Art Of The Derby Tri-blend Shirt Apart from…,I will love this amount that the company had previously set aside to pay for its potential liability. Under a proposal announced Tuesday, a J&J subsidiary will re-file for Chapter 11 bankruptcy protection and seek court approval for a plan that would result in one of the largest product-liability settlements in U.S. history. The $8.9 billion that J&J would transfer to the subsidiary, LTL Management, would be payable over the next 25 years. The amount is up from the $2 billion that the New Brunswick, New Jersey, company set aside in October 2021. A bottle of Johnson’s baby powder.Jeff Chiu / AP file The revised amount is being backed by more than 60,000 parties that have filed lawsuits alleging harm from J&J talcum powder, according to the company. J&J isn’t admitting any wrongdoing as part of the proposed settlement, a point that company executives emphasized in a Tuesday statement that maintained the claims “are specious and lack scientific merit.” But fighting the lawsuits in court would take decades and be expensive, said Erik Haas, J&J’s worldwide vice president of litigation. The lawsuits filed against J&J had alleged its talcum powder caused users to develop ovarian cancer, through use for feminine hygiene, or mesothelioma, a cancer that strikes the lungs and other organs. Recommended U.S. NEWS Threat of violent storms and tornadoes to rise tonight across huge swath of Midwest and South CULTURE MATTERS Angel Reese pushes back after Jill Biden suggests inviting LSU and runner-up Iowa to White House The claims contributed to drop in J&J’s sales of baby powder, prompting the company to stop selling its talc-based products in 2020. Last year, J&J announced plans to cease sales of the product worldwide. J&J’s stock rose 3% in after-hours trading Tuesday after the company’s announcement.
U.S. intelligence officials are watching for any influence campaigns from Russia or China that are aimed at amplifying existing political divisions or stoking unrest among Americans over the Official Mint Kentucky Derby 149 Art Of The Derby Tri-blend Shirt Apart from…,I will love this indictment of former President Donald Trump, according to two U.S. officials. Officials have been on alert since the indictment was confirmed last week and so far have not seen significant signs of Russian or Chinese interference in the country’s political discourse beyond the efforts that have become standard, the U.S. officials said. But after Trump’s arraignment Tuesday, one of the officials said the intelligence community is watching “very closely” for any signs of such interference. Intelligence officials are particularly looking for any Chinese or Russian efforts to stir up a response to Trump’s indictment and subsequent arraignment, such as protests, this official said. They are more concerned about Russia trying to stir the pot with disinformation, through social media or other outlets, the two officials said. Russia has shown a willingness and the capability to interfere in the U.S. political process, most notably in the 2016 presidential election, and China has increasingly sought to mirror those efforts. A U.S. official said there is continuing talk of Trump in Russian and Chinese hacker channels, including discussion of the indictment. DA Alvin Bragg accuses Trump of ‘catch-and-kill’ scheme to influence 2016 election APRIL 5, 202303:13 The CIA declined to comment. The Office of the Director of National Intelligence and the FBI did not respond to requests for comment. Recently pro-Russia Twitter accounts posted false information aimed at fueling fears among residents of East Palestine, Ohio, and stoking political tensions after a large chemical spill from a train. Recommended DONALD TRUMP After his arrest, Trump returns to Mar-a-Lago to continue campaigning for president DONALD TRUMP Trump arrest live updates: Trump embraced in Mar-a-Lago following arraignment Bret Schafer, who leads a team tracking Russian, Chinese and Iranian information manipulation efforts at the German Marshall Fund, a U.S. foreign policy think tank, said, “We haven’t seen Russia or China, at least through overt channels, amplifying outright disinformation about President Trump’s indictment and arrest.” “However,” Schafer said in an email, “we’ve seen the usual opportunism from state-backed actors — especially Russian proxies — that are framing the event as evidence that American democracy and rule of law is collapsing.”
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