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J&J Recalls Lot of Baby Powder After Asbestos Trace Found

(Bloomberg) — Johnson & Johnson is recalling one lot of its Johnson’s Baby Powder after tiny amounts of asbestos contamination were found in samples from a single bottle purchased online.J&J is voluntarily recalling the lot, 22318RB, and encouraging people who bought the product to discontinue use. The company said that it is working with the Food and Drug Administration, which tested the bottle, and has started an investigation into how and when the product was contaminated.J&J shares fell as much as 3.7% to $131.10 in early trading. The stock has been under pressure as investors try to ascertain the company’s …read more […]

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Ripple CEO claims to sign over 30 deals a week with financial institutions for blockchain payments

Brad Garlinghouse, chief executive officer of blockchain payments firm Ripple, has said that the company signs more than 30 deals a week with financial institutions.The post Ripple CEO claims to sign over 30 deals a week with financial institutions for blockchain payments appeared first on The Block. …read more […]