Baby Powder, Bankruptcy and the Texas Two-Step

For decades, Johnson & Johnson has faced thousands of lawsuits from customers who claim the company's baby powder gave them cancer. The company denies responsibility. WSJ's Andrew Scurria explains how Johnson & Johnson is resorting to a controversial legal maneuver to try to settle the lawsuits. Further Reading: -Johnson & Johnson Seeks $9 Billion Settlement of Talc Lawsuits -J&J Sharpens the Texas Two-Step Further listening: -Two Days of Reckoning for Opioid Makers -A Pause on the Johnson & Johnson Vaccine Learn more about your ad choices. Visit megaphone.fm/adchoices