Johnson & Johnson Recalls Baby Powder After Asbestos Concerns
The bad news keeps coming for Johnson & Johnson: The company on Friday announced a voluntary recall of its popular baby powder after some bottles were found to contain small amounts of asbestos. Shares of J&J fell 5%, making it the worst-performing stock in the Dow Jones Industrial Average. The drop in J&J, along with a slide in Boeing, dragged down the broader market Friday.
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