Johnson & Johnson offers up to $5.5bn to settle baby powder lawsuits

Johnson & Johnson has proposed a settlement of up to $5.5 billion to resolve lawsuits related to its baby powder products. The lawsuits claim that the company's talc products cause cancer, leading to a years-long legal battle. The proposed settlement aims to bring closure to the ongoing litigation. Johnson & Johnson's offer is an attempt to resolve the numerous claims against the company.

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