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Business Matters: Lawyers respond as Johnson and Johnson offers $9 billion to settle talc claims

Lawyers respond as Johnson and Johnson offers $9 billion to settle talc claims

06/04/2023 GMT

BBC World Service - Business Matters, Lawyers respond as Johnson and Johnson offers $9 billion to settle talc claims

Johnson & Johnson has offered nearly $9 billion to settle a claim from thousands of people who say its talc product caused cancer. A lawyer representing claimants gives reaction.

Healthcare company Johnson and Johnson has offered nearly $9 billion to settle a claim from tens of thousands of people who claim its talc product caused  cancer. We hear from a lawyer whose firm is representing 17,000 claimants who say they've been affected by the company's trademarked talcum powder product.  

The housing boom is definitely over. In Europe anyway. House prices in the EU have suffered their first quarterly fall since 2015, according to the EU statistics office this week. House-hunters in Germany and Denmark tells us of their difficulties finding a home.

Police forces around the world have launched a major joint operation to dismantle one of the biggest criminal marketplaces online. Genesis Market is thought to have sold personal information, such as passwords, stolen from more than two million people in the past six years. The details have allowed fraudsters to impersonate their victims online without raising suspicions. Globally, 200 searches were carried out and 120 people were arrested.

And, Sri Lanka's economic crisis is having a devastating effect on what used to be one of Asia's most successful emerging economies. It's shrunk by a fifth in the last 3 years alone. And that's having an impact on the population, hundreds of thousands of whom are simply packing up to leave the island. We speak to some of them leaving – and those left behind.

(Picture courtesy Getty Images)

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Lawyers respond as Johnson and Johnson offers $9 billion to settle talc claims

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