Alex Gorsky, J&J CEO (Evan Vucci/AP Images)

As suits mount, J&J spins out talc li­a­bil­i­ties in­to Chap­ter 11 us­ing 'Texas two-step' ma­neu­ver

With law­suits pil­ing up al­leg­ing its talc ba­by pow­der prod­ucts are un­safe, J&J has tak­en the con­tro­ver­sial step of spin­ning out its re­lat­ed li­a­bil­i­ties in­to …

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