Latest 3M Co News

New Mexico sues manufacturers of 'forever chemicals' amid health concerns

Jun. 01, 2023 19:35 PM EDT

SANTA FE, N.M. (AP) — New Mexico's attorney general and its Environment Department filed suit Thursday against the manufacturers of so-called “forever chemicals,” commonly referred to as PFAS, seeking monetary damages to defray the costs of environmental monitoring and cleanups that they say...

3M fires company executive for inappropriate conduct weeks after promotion

May. 15, 2023 14:14 PM EDT

WASHINGTON (AP) — 3M has fired prominent company executive Michael Vale due to “inappropriate personal conduct and violation of company policy,” the maker of Post-it notes, industrial coatings and ceramics announced on Monday. Vale was promoted to group president and chief...

How will we know if the US economy is in a recession?

Apr. 27, 2023 09:13 AM EDT

WASHINGTON (AP) — The government’s report Thursday that the economy grew at a 1.1% annual rate last quarter signaled that one of the most-anticipated recessions in recent U.S. history has yet to arrive. Many economists, though, still expect a recession to hit as soon as the current April-June...

3M: Q1 Earnings Snapshot

Apr. 25, 2023 06:46 AM EDT

ST PAUL, Minn. (AP) — ST PAUL, Minn. (AP) — 3M Co. (MMM) on Tuesday reported first-quarter profit of $976 million. On a per-share basis, the St Paul, Minnesota-based company said it had profit of $1.76. Earnings, adjusted for non-recurring costs, were $1.97 per share. ...

Maine sues manufacturers over forever chemical contamination

Mar. 29, 2023 17:33 PM EDT

PORLTLAND, Maine (AP) — Maine’s attorney general is suing manufacturers of so-called forever chemicals that have contaminated farms and wells, contending they knew about the toxicity decades ago but concealed the information from the public. Two lawsuits targeting DuPont, 3M and...