Latest in Pharma Asks Bankruptcy
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Purdue Pharma asks bankruptcy judge to accept new settlement plan
Purdue Pharma has filed a new bankruptcy plan as part of a $7.4 billion settlement to resolve thousands of lawsuits over the company's alleged role in the opioid crisis, months after the Supreme ...The Hill - 1d -
Potential $7.4B Purdue Pharma opioid settlement frustrates some victims
Opioid victims are not getting a "fair shake" in potential $7.4 billion settlement, a claimant in the Purdue Pharmacy bankruptcy case says.CBS News - Mar. 9 -
Claimant: Opioid victims not getting justice in proposed Purdue settlement
Here's why people alleging Purdue Pharma's opioids harmed them may not see much of the proposed $7.4 billion settlement in a bankruptcy case.CBS News - Mar. 9 -
3/9/2025: Firing the Watchdogs; The Settlement; A Method to this Madness
First, a report on the significance of President Trump firing independent government watchdogs. Then, a look inside the Purdue Pharma bankruptcy case. And, Dan Hurley: The 60 Minutes Interview.CBS News - Mar. 10 -
Statement of Purdue Pharma to 60 Minutes
Purdue Pharma provided the following statement for 60 Minutes' report Sunday, "The Settlement."CBS News - Mar. 9 -
Forever 21 Operator Files for Bankruptcy
The company, which helped popularize fast fashion in the United States, has struggled to compete with online retailers. It is the company’s second bankruptcy filing in six years.The New York Times - 3d -
Roche shares pop 5% on $5.3 billion obesity drug deal with Zealand Pharma
Swiss pharmaceutical giant Roche said Wednesday that it had struck a deal worth up to $5.3 billion to develop Zealand Pharma's obesity drug candidate.CNBC - Mar. 12 -
When bankruptcy will (and won't) clear your credit card debt
Bankruptcy can wipe the slate clean of your existing credit card debt, but it won't do that in every case.CBS News - Mar. 11 -
Ailing Swedish EV battery firm Northvolt files for bankruptcy
Struggling electric vehicle battery manufacturer Northvolt says it has filed for bankruptcy in Sweden.CNBC - Mar. 12 -
EV battery startup Northvolt files for bankruptcy in Sweden
Swedish firm unable to ‘secure the necessary financial conditions to continue in its current form’. Northvolt, the Swedish electric vehicle battery startup, has filed for bankruptcy in Sweden, ...The Guardian - Mar. 12 -
Purdue Pharma submits opioid lawsuit settlement plan, including up to $7 billion cash from Sacklers
Members of the Sackler family who own the OxyContin maker Purdue Pharma would hand over the company and up to $7 billion in cash in the latest plan to settle thousands of lawsuits over the toll of ...ABC News - 1d -
Forever 21 set to shut down its U.S. operations as it files for bankruptcy
Forever 21, once a leader in youth fashion retail, is set to permanently close all its U.S. stores as it files for bankruptcy for a second time.NBC News - 3d -
Spirit Airlines, fresh from bankruptcy, is ready to take on the new Southwest, CEO says
Spirit Airlines is out of bankruptcy, hitting its target to emerge in the first quarter, after a crippling few years.NBC News - Mar. 13 -
Spirit Airlines, fresh from bankruptcy, is ready to take on the new Southwest, CEO says
Spirit Airlines emerged from Chapter 11 bankruptcy this week, meeting its target to exit in the first quarter.CNBC - Mar. 13 -
Mall staple Forever 21 files for bankruptcy protection, again
Forever 21 has filed for bankruptcy protection for a second time as traffic in U.S. shopping malls fades and competition from online retailers like Amazon, Temu and Shein intensifiesABC News - 3d -
Northvolt files for bankruptcy in Sweden
Collapse of vehicle battery maker deals major blow to Europe’s bid to rival ChinaFinancial Times - Mar. 12 -
Forever 21 files for bankruptcy in the US
US stores will remain open as Forever 21's operating company "begins its process of "winding down".BBC News - 3d -
Spirit Airlines to Go Premium After Bankruptcy
Spirit plans to turn its focus toward more wealthy travelers.Inc. - Mar. 12 -
USCIS employees asked to volunteer to help ICE operations
U.S. Citizenship and Immigration Services employees were asked to sign up for 60-day assignments — or what the government calls "details" — to assist ICE.CBS News - Mar. 8 -
Trump asks Supreme Court to intervene on blocks to his birthright citizenship order
The Trump administration is asking the Supreme Court to significantly narrow nationwide injunctions blocking his order redefining birthright citizenship in the U.S.ABC News - 6d -
Menendez brothers: DA asks to withdraw resentencing motion, blames litany of lies
LA County District Attorney Nathan Hochman said he's asking the court to withdraw the previous district attorney's motion for resentencing for Lyle and Erik Menendez.ABC News - Mar. 10 -
Chips Grant Staff Asked ‘Demeaning’ IQ Questions Before Layoffs Hit
Asking an on-the-job employee whether they’re smart enough to do their work is bizarre. But it’s apparently another tactic in the administration’s quest to shrink the federal workforce.Inc. - Mar. 11 -
Trump asks Supreme Court to intervene in birthright citizenship cases
The Trump administration asked the Supreme Court to limit three lower court orders that blocked enforcement of his birthright citizenship executive order nationwide.CBS News - Mar. 13 -
White House allegedly asked for updates on arrest of Mahmoud Khalil: Attorney
Mahmoud Khalil said that he overheard federal agents detaining him say that the White House was asking for an update on his arrest, his attorney alleges.ABC News - 6d -
House Democrats ask GAO to review DOGE impact at DHS
House Democrats on the Homeland Security Committee are asking the Government Accountability Office (GAO) for an accounting of the Department of Government Efficiency’s (DOGE) impact at the ...The Hill - 1d -
Ireland could lose pharma tax to US after Trump accusations, experts warn
Predictions that US firms could retain manufacturing plants in Ireland but move profits back to America. US pharmaceutical companies based in Ireland are more likely to shift profits back to the US ...The Guardian - Mar. 13 -
Mallinckrodt and Endo to combine after emerging from bankruptcy linked to opioid crisis
Groups have resolved billions of dollars in claims for selling highly addictive painkillersFinancial Times - Mar. 13 -
Frankie Dettori reveals he is filing for bankruptcy in shock statement
Outstanding jockey of era ‘saddened and embarrassed’ Rider: ‘Consequences will affect me for many years’ Frankie Dettori, one of the most successful and popular racing figures of recent ...The Guardian - Mar. 13 -
Fashion-retailer Forever 21 files for bankruptcy for a second time
Forever 21's U.S. retail operator plans liquidation sales after filing Chapter 11 for the second time in six years.CBS News - 3d -
'Joker,' 'Matrix' producer files for bankruptcy protection amid Warner Bros. fight
The company attributed its red ink to its protracted battle with Warner Bros. over the release of "The Matrix Resurrections" and a push into independent production. Village Roadshow said a ...Los Angeles Times - 3d -
UK universities face rising risk of bankruptcy, says regulator
Fewer international students and higher staff costs are taking an increasing toll, according to the Office for StudentsFinancial Times - 22h -
Bengals still plan to make Ja'Marr Chase highest-paid non-QB, set big asking price for Tee Higgins, per report
Cincy also reportedly has a high asking price for Trey HendricksonCBS Sports - Mar. 13 -
An Arizona prisoner whose execution is coming up isn't asking for a reprieve
A prisoner scheduled to be executed next week in what would be Arizona’s first use of the death penalty in over two years will not ask for a reprieve from his death sentence.NBC News - Mar. 10 -
Raskin asks for DOJ probe into acting US Attorney Ed Martin
Rep. Jamie Raskin (Md.), the top Democrat on the House Judiciary Committee, is asking the Justice Department’s (DOJ) inspector general to launch an investigation into Ed Martin, the interim U.S. ...The Hill - Mar. 13 -
Bondi says judge has 'no right' to ask flight deportation questions
Attorney General Pam Bondi said the district judge who ordered the Trump administration to return deportation flights over the weekend has “no right” to be asking questions about the specifics. ...The Hill - 1d -
Want to get married or have kids? Companies hiring in China are being told to stop asking
Several Chinese trade unions have issued notices to companies to stop asking female jobseekers about their marital and childbearing status.NBC News - Mar. 13 -
How far will Michigan basketball advance in the NCAA tournament? We ask our experts
We ask our columnists and beat reporters how far Michigan basketball will advance in the NCAA tournamentYahoo Sports - 3d -
Hikma races to launch generic versions of blockbuster obesity drugs
Pharma group looks to take advantage as Wegovy and Ozempic start to go off patent next yearFinancial Times - Mar. 9 -
Gene Hackman's estate asks court to block the release of police images and videos
The estate of actor Gene Hackman and his wife, Betsy Arakawa, who were found dead at their New Mexico ranch last month, has asked a court to stop sensitive images from the investigation into the ...NBC News - 6d -
21 House Republicans ask leadership to limit changes to energy tax credits in reconciliation
A group of 21 House Republicans is asking a key committee to limit changes to energy tax credits passed under Democrats as the GOP seeks to overhaul the U.S. tax code. In a new letter dated ...The Hill - Mar. 10
