In April, Johnson & Johnson’s shareholders voted against a proposal to stop sales of the talc baby powder in global markets such as Asia and South America — a request that had been fueled by ...

Retailer Johnson & Johnson is reportedly considering spinning off liabilities from its Baby Powder unit due ongoing litigation, with plans to seek bankruptcy protection for that new business.

"Johnson & Johnson remains steadfastly confident in the safety of talc-based Johnson’s Baby Powder," the company said on Tuesday. "Decades of scientific studies by medical experts around the ...