Johnson & Johnson to Stop Baby Powder Sales in U.S., Canada Amid Falling Sales

© Reuters.

By Yasin Ebrahim
Investing.com - Johnson & Johnson said on Tuesday it had decided to stop selling its talc-based baby powder in the U.S. and Canada following a decline in sales amid ongoing lawsuits alleging asbestos exposure.
Johnson & Johnson (NYSE:JNJ) was down about 0.2% after closing down 1% on Tuesday.
Sales, however, will continue outside the U.S. and Canada.