Johnson & Johnson offers to pay $5.5bn to settle baby powder lawsuits
Johnson & Johnson (J&J) has offered to pay as much as $5.5bn (£4.14bn) to resolve tens of thousands of lawsuits in the US alleging that its baby powder and other products containing talcum cause ovarian cancer. The proposed landmark settlement aims to close a long-running legal battle that has weighed on the New Jersey-based healthcare…