3M just got a lot smaller. How did it ever get so big? The company grew to $35 billion in revenue by taking risks for more than a century, but it has to pay off some of its bad bets and shrink before ...

3M spun off its health care division Monday morning, saying goodbye to an operation of 20,000 employees and $8 billion in revenue, a quarter of the company's total sales. The separation follows what ...