The consumer goods company 3M agreed to pay more than $6.5 million to resolve charges that it violated the Foreign Corrupt Practices Act after its China-based subsidiary took Chinese government officials on overseas trips in an attempt to convince them to purchase 3M products, the U.S. Securities and Exchange Commission (SEC) said.
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3M Settles Water Contamination Lawsuits with $10.3 Billion Payout
Chemical manufacturing company 3M agreed to settle multiple lawsuits with a $10.3 billion payout over the U.S. water supply being allegedly contaminated with “forever chemicals” contained in firefighting foam and other products, the company announced in a press release on Thursday.
Under the settlement, 3M will provide the payout over a 13-year period to both public water suppliers that have found traces of Per- and polyfluoroalkyl substances (PFAS) and other suppliers that “may detect PFAS at any level in the future.” The company did not admit liability in the settlement.
Read MoreHundreds Gather to Protest 3M COVID Vaccine Mandates
MAPLEWOOD, Minnesota – Hundreds gathered outside of the 3M located in Maplewood, Minnesota on Sunday afternoon to protest the company’s COVID vaccine mandate. 3M mandated the COVID vaccine for their employees, with a deadline of December 8.
Read MoreVice President Pence to Visit Mayo Clinic Next Week
Vice President Mike Pence will visit Mayo Clinic in Rochester, Minnesota on Tuesday, his office announced in a statement.
Read MoreSenate Candidate Jason Lewis: ‘China Is Responsible for This Pandemic’
Republican Senate candidate Jason Lewis placed the blame for the coronavirus pandemic squarely on China’s shoulders in a new commercial released Monday.
Read MoreTrump Clashes with 3M After Accusations That Foreign Countries Are Getting Face Masks First
President Donald Trump warned 3M on Twitter Thursday night that it will “have a big price to pay” after the company was accused of various wrongdoings surrounding its production of N95 respirator masks.
Read MoreVice President Pence Visits 3M to Discuss Coronavirus Response
Vice President Mike Pence visited the 3M Innovation Center in Maplewood, Minnesota Thursday to discuss the Trump administration’s response to the coronavirus.
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