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Chicago Sun-Times
Chicago Sun-Times
National
Associated Press

Johnson & Johnson proposes $8.9 billion payout to settle talcum powder lawsuits

A bottle of Johnson’s baby powder. Its maker Johnson & Johnson is earmarking nearly $9 billion to cover accusations that its baby power containing talc caused cancer, more than quadrupling the amount the company previously set aside to pay for its potential liability. (Jeff Chiu / AP)

NEW BRUNSWICK, N.J. Johnson & Johnson is earmarking nearly $9 billion to cover accusations that its baby power containing talc caused cancer — more than quadrupling the amount the company previously set aside to pay for its potential liability.

A J&J subsidiary plans to 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.

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