Latest in Purdue Pharma and Sackler family to pay $7.4 billion in OxyContin settlement
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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 - 6h -
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 - 7h -
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 - 7h -
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 yearFinancial Times - 4h -
What Prince Harry’s Settlement Means for Him and Britain’s Royal Family
Harry won an apology and damages from Rupert Murdoch’s U.K. tabloids. Could the lawsuit’s end also help heal the rift with his brother, William, and his father, King Charles III?The New York Times - 5h -
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 - 5h -
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 - 7h -
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 - 7h -
Family offices are paying executive assistants up to $190,000 a year as demand for talent spikes
The talent war between family offices and Wall Street has driven up salaries not only for top investment roles but also for administrative staff.CNBC - 1d -
Harvard agrees to controversial definition of antisemitism in legal settlement
University agrees to observe definition that critics say is designed to protect Israel by punishing legitimate criticism. Harvard University has agreed to embrace a controversial definition of ...The Guardian - 2d -
Healthy Returns: Biotech and pharma M&A is off to a good start in 2025 — but will it last?
Biotech and pharma dealmaking is off to a good start in 2025. Meanwhile, digital health fundraising defined by “David and Goliath dynamic” in 2024, report says.CNBC - 2d -
Bain Capital in Talks to Buy Mitsubishi Tanabe Pharma
Bain Capital is in talks to acquire Mitsubishi Chemical Group’s pharmaceutical business in a potential multibillion-dollar deal, a person familiar with the matter said.The Wall Street Journal - 2d -
Trump's crypto-frenzied inauguration weekend makes first family billions of dollars richer
Donald Trump launched a meme coin Friday night, while many of his backers were partying at the Crypto Ball in Washington, D.C.CNBC - 3d -
Kaufman-Renn leads No. 17 Purdue past No. 13 Oregon 65-58
Trey Kaufman-Renn had 23 points and 11 rebounds to help lead No. 17 Purdue past No. 13 Oregon 65-58 on Saturday.Yahoo Sports - 5d -
Kaufman-Renn leads No. 17 Purdue past No. 13 Oregon 65-58
Trey Kaufman-Renn had 23 points and 11 rebounds to help lead No. 17 Purdue past No. 13 Oregon 65-58ABC News - 5d -
Justice Department Reconsiders NCAA Athlete Pay Settlement
The DOJ says an NCAA payment ruling for compensating student athletes may not be enough.Inc. - 5d -
Child labor in slaughterhouses spotlighted by 3 settlements this week
JSB and Perdue Farms agreed to settlements of $4 million each, while QSA, which employed 54 children, will pay $400,000.CBS News - 6d -
Giuliani Keeps His Condo in Settlement of Defamation Case
An agreement allowed the former mayor of New York City to keep his apartments and other valuables in return for an undisclosed payment to two election workers he defamed after the 2020 vote.The New York Times - Jan. 16 -
Giuliani reaches tentative settlement with Georgia election workers
Attorneys for Rudy Giuliani and two former Georgia election workers said Thursday they have reached a tentative settlement, a remarkable twist that would end the workers’ extensive litigation to ...The Hill - Jan. 16 -
Toyota Truck Unit Will Pay $1.6 Billion to Settle Emissions Fraud Case
Hino Motors, a Toyota subsidiary, will plead guilty to conspiracy charges and pay penalties for deceiving regulators about its diesel engines, the E.P.A. said.The New York Times - Jan. 16 -
Tips for paying off debt
With nearly half of Americans carrying credit card balances month-to-month, CBS News business analyst Jill Schlesinger provides tips on how to pay down debt.CBS News - Jan. 16 -
Toyota reaches $1.6 billion settlement of emissions fraud case in U.S.
U.S. officials announced a $1.6 billion deal with Toyota's Hino Motors unit to settle charges it deceived regulators about the amount of emissions spewed by its diesel engines.CBS News - Jan. 16 -
Toyota subsidiary to pay $1.6 billion over U.S. emissions fraud case
Toyota subsidiary Hino Motors will pay $1.6 billion to settle a fraud case that alleged the company deceived regulators about emissions amounts from its diesel engines, U.S. officials have ...CBS News - Jan. 16 -
Vince McMahon, SEC reach deal over settlements
The SEC says it has settled charges against former WWE CEO Vince McMahon over his failure to disclose that he signed two settlement agreements worth $10.5 million with two women in order for them ...ESPN - Jan. 10 -
McMahon to pay millions for failing to disclose settlements: SEC
Vince McMahon will pay $1.7 million to for failing to disclose two settlements he had with employees while he ran the WWE.ABC News - Jan. 10 -
Can a debt collector refuse my settlement offer?
Negotiating a successful debt settlement could be a little more complicated than you'd expect.CBS News - Jan. 10 -
Kroger agrees to pay $110M to Kentucky in opioid settlement
The Kroger Co. has agreed to pay Kentucky $110 million to settle a lawsuit filed last year alleging it pumped millions of doses of opioids into the state over the course of more than a decade. ...The Hill - Jan. 9 -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - Jan. 8 -
Oil companies pay record $5.6M settlement after FTC alleges illegal coordination
Three oil companies will pay a record penalty to settle allegations that they illegally coordinated before a merger between them was complete in 2021 and 2022, the federal government announced ...The Hill - Jan. 7 -
Pentagon reaches historic settlement with LGBTQ+ veterans
The Pentagon has reached a historic legal settlement with more than 35,000 LGBTQ+ veterans that would create "new and simpler processes to obtain updated discharge records and potential upgrades to ...CBS News - Jan. 7 -
How much sick pay is too much sick pay?
The contrasting cases of Germany and the UK are revealing about policy trade-offsFinancial Times - Jan. 7 -
Pentagon Reaches Settlement With Veterans Dismissed Over Sexuality
The agreement, if approved by a judge, would let former service members upgrade their discharge status and receive benefits they had been denied.The New York Times - Jan. 7 -
Pentagon agrees to historic legal settlement with LGBTQ+ veterans
If approved by a federal judge, the agreement means the military would help thousands of veterans seek honorable discharges.CBS News - Jan. 6 -
Royal family pays tribute to Prince William, Harry's nanny who lost stepson in New Orleans attack
Prince William shared his condolences to the family of his former nanny after her stepson was killed in the New Year’s terror attack in New Orleans. “Catherine and I have been shocked and saddened ...The Hill - Jan. 4 -
Royal family pays tribute to New Orleans attack victim, stepson of nanny to Princes William and Harry
The royal family paid tribute Saturday to Alexander Pettifer, the British man killed in the New Orleans attack, whose stepmother Tiggy Legge-Bourke was a nanny to Prince William and Prince Harry.NBC News - Jan. 4 -
Booz Allen Hamilton to Pay $15.9 Million in False Claims Settlement
Booz Allen Hamilton Holding agreed to a $15.9 million settlement with the Justice Department on Friday, resolving allegations the company submitted fraudulent claims to the U.S. under military task ...The Wall Street Journal - Jan. 3 -
Pharma giant seeks to join lawsuit against FDA over weight loss drugs
Eli Lilly is seeking to end a lawsuit filed by a pharmacy trade group against the Food and Drug Administration (FDA) by joining as a defendant, stating it wants to end the "entitlement" some ...The Hill - Jan. 2
