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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 - 9h

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 - 11h

You Should Never Pay To Be On a Podcast

There’s a fine line between paying for proper exposure and shouting into a silent echo chamber.

Inc. - 20h

Trump highlights partnership investing $500 billion in AI

President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank

ABC News - 1d

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 - 10h

Behind Trump's AI initiative worth billions

President Trump announced a private sector investment to build data centers in the United States that will support artificial intelligence. CBS MoneyWatch correspondent Kelly O'Grady reports.

CBS News - 1d

Google agrees to new $1 billion investment in Anthropic

Google has agreed to a new investment of more than $1 billion in generative AI startup Anthropic, a person familiar with the situation confirmed to CNBC.

CNBC - 1d

Trump announces $500 billion AI infrastructure project

President Trump announced a $500 billion investment into artificial intelligence infrastructure on his first full day in office. His announcement was made alongside the heads of three leading ...

CBS News - 2d

Orsted Shares Plunge on $1.7 Billion Impairment

Shares in the renewable-energy company sank to the bottom of the Stoxx Europe 600 index Tuesday after it announced the impairment amid higher costs at its U.S. Sunrise Wind project.

The Wall Street Journal - 2d

The collectors paying thousands for presidential items

Most Americans just vote for president, but some collectors pay tens of thousands of dollars to acquire bits of memorabilia from former leaders.

CBS News - 5d

'One-in-a-billion' round egg discovered in Devon

Alison Greene says even Elon Musk, the richest man in the world, does not have a round egg.

BBC News - 6d

WHO: Health sector needs billions for reconstruction of Gaza

Yahoo News - 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 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

Country Garden Lost $24.33 Billion in 2023

The Chinese developer released its long-delayed results showing that its net loss narrowed in the first half of 2024 following a record loss in 2023.

The Wall Street Journal - Jan. 14

Canada Approves Bunge's $8.2 Billion Deal for Viterra

Canada has approved Bunge’s $8.2 billion deal for Glencore-backed Viterra, as the companies agreed to concessions to address previous antitrust concerns.

The Wall Street Journal - Jan. 14

How to Pay Your Taxes Online

Paying US federal and state taxes online can be confusing, and one wrong move can result in penalties or extra money owed. We break it down so you can have the most worry-free tax filing possible.

Wired - Jan. 14

Chronic Pain Afflicts Billions of People. It’s Time for a Revolution.

As many as two billion people suffer from it — including me. Can science finally bring us relief?

The New York Times - Jan. 12

Sainsbury's raises pay but is cautious on hiring

The supermarket chain will lift wages to £12.60 but expects costs to increase after Budget measures.

BBC News - Jan. 10

Argentina pays bondholders $4.3bn in key test for Milei

Largest payment since 2020 restructuring boosts bond prices but challenging repayments loom

Financial Times - Jan. 9

Trump pays his respects to Jimmy Carter at the Capitol

President-elect Donald Trump paid his respects to former President Jimmy Carter on Wednesday at the Capitol Rotunda.

ABC News - Jan. 9

Trump pays respects to President Carter

President-elect Donald Trump and his wife Melania paid respects to President Jimmy Carter as he lies in state at the U.S. Capitol.

NBC News - Jan. 8

Anthropic in Talks for $2 Billion Funding Round

The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.

The New York Times - Jan. 8

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

Many Pay Their Respects to Jimmy Carter in the Georgia Cold

It was a once-in-a-lifetime chance to pay their respects to a president. They were not going to miss it, even if meant waking up in the middle of the night.

The New York Times - Jan. 8

Universities need new ways to make their research pay

Public and private funding are both vital for institutions such as the University of York as international student fees fall

Financial Times - Jan. 8

Getty Images, Shutterstock to Combine in $3.7 Billion Deal

Getty shareholders will own about 54.7% of the combined company, which will retain the Getty name. Shares of both companies surged on the news.

The Wall Street Journal - Jan. 7

Anthropic in talks to raise funding at $60 billion valuation

AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.

CNBC - Jan. 7

Thousands expected to pay respects to Jimmy Carter in the Capitol

Despite winter weather delays, Jimmy Carter will be moved from his home state of Georgia to Washington D.C. where he will lie in state at the U.S. Capitol before his public funeral on Thursday. NBC ...

NBC 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-offs

Financial Times - Jan. 7

Phillips 66 to Buy EPIC NGL for $2.2 Billion

Phillips 66 will buy EPIC NGL for $2.2 billion to help the Houston oil refiner grow its Permian midstream business.

The Wall Street Journal - Jan. 6

Jimmy Carter's grandson pays tribute to the late president

Jason Carter, former President Jimmy Carter's grandson, remembered his grandfather at a funeral service at the Carter Center in Atlanta, Georgia, on Saturday. The 39th president died last weekend ...

CBS News - Jan. 4