this post was submitted on 14 Jul 2023
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Johnson & Johnson sues researchers who linked talc to cancer (www.reuters.com)
submitted 1 year ago by NightOwl@lemmy.fmhy.ml to c/worldnews@lemmy.ml
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[–] towerful@programming.dev 29 points 1 year ago (1 children)

Yeh, sure. Let's trust the corporation that is discontinuing the sale of talc based baby powder world wide, and is wanting to settle for $9 billion.

Either JNJ are actually doing the right thing here... or they are cutting losses, protecting themselves, looking after shareholders, whatever.

Maybe it's cheaper than trying to recover from such a PR disaster.
Maybe turns out that cornstarch is cheaper/easier for baby powder, and $9b gets rid of a problem, solves marketing issues of cornstarch, and has long-term savings.

Maybe I'm wrong and paranoid.
But I don't trust JNJ

[–] RedditWanderer@lemmy.world 8 points 1 year ago (1 children)

To put that in perspective for folks, if money was seconds, 9000 seconds is ~2.5 hours , 9 million seconds is ~104 days, 9 billion seconds is ~285 years.

[–] rockyrikoko@lemmy.world 2 points 1 year ago

I could get along well on $9B