Sacklers Up Their Offer to Settle Purdue Opioids Cases, With a New Condition

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  Purdue and Sackler family agree to $7.4bn opioid settlement with US states

  New deal is $1.4bn higher than previous one struck down by Supreme Court last year
  
  Financial Times - 22h
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  Purdue Pharma, Sacklers reach new settlement agreement in opioid cases

  Purdue Pharma and the members of the Sackler family who own the company agreed in principle to pay a $7.4 billion settlement to resolve thousands of lawsuits over their alleged role in the opioid ...
  
  The Hill - 23h
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  Purdue Pharma, Sackler family to pay $7.4 billion opioid settlement

  Purdue Pharma, the manufacturers of OxyContin, and members of the family that own the company, will pay billions to victims of the opioid crisis, as well as state and local governments.
  
  NBC News - 1d
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  Purdue Pharma and Sackler family to pay $7.4 billion in OxyContin settlement

  Members of the Sackler family, who own OxyContin maker Purdue Pharma, and the company itself agreed to pay up to $7.4 billion in a settlement to lawsuits over the toll of the opioid painkiller.
  
  NBC News - 1d
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  Purdue Pharma and Sacklers reach new $7.4bn settlement over opioids crisis

  Settlement resolves thousands of lawsuits alleging Oxycontin caused addiction crisis. The Sackler family, which owns the OxyContin maker Purdue Pharma, has agreed to pay up to $7.4bn in a ...
  
  The Guardian - 1d

• Sacklers, Purdue Pharma reach $7.4B settlement with 15 states over opioid crisis

  The Sackler family will pay the vast majority of the settlement — a total of $6.5 billion over 15 years.
  
  CBS News - 1d
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  Sacklers, Purdue Pharma reach $7.4 billion settlement in opioid lawsuits

  Purdue Pharma and the Sackler families agreed Thursday to increase their financial contribution to $7.4 billion to resolve mass opioid litigation.
  
  ABC News - 1d
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  Slaughterhouses Settle 3 Child Labor Cases With Feds

  Agribusiness giants Purdue Farms and JBS Foods, along with a slaughterhouse cleaning company, paid about $8.4 millions in fines for having underaged workers in dangerous jobs.
  
  Inc. - Jan. 17

More from The New York Times

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  Bird Flu in U.S. Is Creating Egg Shortages and Driving Up Prices

  Avian influenza has led to a shortage of eggs and wholesale prices that are through the roof. Consumers can expect to feel the pain for a while.
  
  The New York Times - 2h
• 

  Trump’s Inflation Fix Centers on Energy Emergency That Doesn’t Exist

  Economists and analysts aren’t convinced that an expansion of oil and gas production will lower consumer prices.
  
  The New York Times - 4h

• Bank of Japan Raises Interest Rates to Highest Level Since 2008

  The return of inflation and wage growth is giving the Bank of Japan room to raise interest rates and declare the end of a long period of stagnation.
  
  The New York Times - 11h
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  How to Invest During a Presidency With a Deep Devotion to Profits

  Big business has an inside track in the second Trump presidency, and people with a stake in those businesses have reason to rejoice, our columnist writes.
  
  The New York Times - 3h
• 

  Instagram and Facebook Blocked and Hid Abortion Pill Providers’ Posts

  Some posts related to obtaining abortion pills were recently hidden on Instagram and Facebook and some accounts were suspended, before being later restored.
  
  The New York Times - 15h

More in Business

• Trump recommends ending FEMA ahead of California fire site visit

  President Donald Trump will visit California to see the damage caused by wildfires around Los Angeles. FEMA has been involved in response efforts there.
  
  CNBC - 10m
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  Disaster Losses Rose in U.S. in 2024 While Easing Globally

  Damage from two hurricanes and a series of punishing wildfires left a price tag of $218 billion in economic costs last year, an 85 percent jump from 2023.
  
  Inc. - 18m
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  EV Truck Maker Nikola Weighs a Sale as Cash Crunch Hits Hard

  The fuel-cell electric truck maker continues to struggle as its cash reserves dwindle.
  
  Inc. - 27m

• Target rolls back DEI initiatives, the latest big company to retreat

  Target joins Walmart, Meta, McDonald's and a wave of other major companies pulling back on DEI programs.
  
  CNBC - 31m

• Trump’s Crypto Working Group to Draft New Regulations and Explore National Stockpile

  The key takeaway from the president’s directive is that crypto companies should not lose access to banking services, which regularotors say has not occurred.
  
  Inc. - 33m