Latest 3M Co News

Traffic deaths declined 3.3% in the first half of the year, but Fed officials see more work ahead

Sep. 28, 2023 11:52 AM EDT

Traffic fatalities dropped 3.3% in the first half of the year compared with the prior-year period, according to the National Highway Traffic Safety Administration. The agency said Thursday that an estimated 19,515 people died in motor vehicle traffic crashes in the first half of...

3M agrees to pay $6 billion to settle earplug lawsuits from US service members

Aug. 29, 2023 16:09 PM EDT

NEW YORK (AP) — Chemical and consumer product manufacturer 3M said Tuesday it has agreed to pay $6 billion to settle lawsuits from U.S. service members who say they experienced hearing loss or other serious injuries after using faulty earplugs made by the company. The settlement,...

How major US stock indexes fared Monday, 8/28/2023

Aug. 28, 2023 16:31 PM EDT

Stocks closed higher on Wall Street as markets shift their attention from the Federal Reserve to more corporate earnings and economic reports. The S&P 500 added 0.6% Monday. Last week the index had its first winning week since July. The Dow rose 213 points, or 0.6%, and the...

3M, Boston Scientific rise; Abcam, NovoCure fall, Monday, 8/28/2023

Aug. 28, 2023 16:13 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Monday: RPT Realty (RPT), up $1.66 to $11.23. Kimco Realty is buying the shopping center real estate investment trust for about $2 billion in an all-stock deal. Abcam Plc....

3M to pay more than $6.5M for violating certain provisions of the Foreign Corrupt Practices Act

Aug. 25, 2023 13:31 PM EDT

3M has agreed to pay more than $6.5 million to resolve charges that it violated the books and records and internal controls provisions of the Foreign Corrupt Practices Act, the Securities and Exchange Commission said Friday. The SEC order found that employees of a 3M subsidiary based...

22 attorneys general oppose 3M settlement over water systems contamination with 'forever chemicals'

Jul. 26, 2023 19:24 PM EDT

TRAVERSE CITY, Mich. (AP) — Twenty-two attorneys general urged a federal court Wednesday to reject a proposed $10.3 billion settlement over contamination of U.S. public drinking water systems with potentially dangerous chemicals, saying it lets manufacturer 3M Co. off too easily. ...

General Electric, 3M rise; Raytheon, iRobot fall: Tuesday, 7/25/2023

Jul. 25, 2023 16:22 PM EDT

NEW YORK (AP) — Stocks that are trading heavily or have substantial price changes on Tuesday: Raytheon Technologies, down $9.91 to $87.10 Accelerated inspections are needed for some of Raytheon's Pratt & Whitney aircraft engines to look for a rare condition in...

3M: Q2 Earnings Snapshot

Jul. 25, 2023 06:53 AM EDT

ST PAUL, Minn. (AP) — ST PAUL, Minn. (AP) — 3M Co. (MMM) on Tuesday reported a loss of $6.84 billion in its second quarter. The St Paul, Minnesota-based company said it had a loss of $12.35 per share. Earnings, adjusted for non-recurring costs, came to $2.17 per share. ...