Purdue Pharma and Sackler Family to Pay 74 Billion in Settlement to Oxycontin Lawsuits
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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 yearFinancial Times - 1h -
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 - 2h -
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 - 4h -
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 - 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 - 1h -
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 - 2h -
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 - 3h -
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 - 4h -
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 -
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 -
Deloitte: 74% of enterprises have already met or exceeded gen AI initiatives (but challenges remain)
Deloitte's state of gen AI report shows that three-quarters of enterprises are seeing ROI and many are set to increase spending.VentureBeat - 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 - 2d -
DOGE faces immediate lawsuits
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump's DOGE slapped with lawsuits on first day in office Within moments of ...The Hill - 2d -
Jackson scores 16 as No. 16 Duke rides a big 2nd quarter in 74-49 win over Stanford
Ashlon Jackson scored 16 points and the No. 16 Duke women held Stanford to its lowest point total of the season, posting a 74-49 victory in the first meeting between the schools as ACC rivalsABC News - 4d -
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 - 4d -
Dickinson scores 25, Mayo goes for 24 to lead No. 9 Kansas over Kansas St. 84-74
Hunter Dickinson had 25 points and Zeke Mayo scored 24 to lead No. 9 Kansas over Kansas State 84-74ABC 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 -
Howard Buten, Autism Therapist, Novelist and Clown, Is Dead at 74
By day, he helped run an autism center he opened in a suburb of Paris. In the evening, he delighted audiences as a clown named Buffo. In between, he wrote novels.The New York Times - 6d -
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 -
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 -
Bo Jackson gives up $21M in lawsuit vs. family
Bo Jackson is giving up a $21 million judgment against his niece and nephew, who he said harassed and tried to extort money from him.ESPN - 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 -
Apple Faces $1.8 Billion Lawsuit in U.K. Court Over App Store
Lawyers representing the class action said that Apple excluded potential rivals from competing for customers on devices running its iOS operating system by forcing developers to sell their apps ...The Wall Street Journal - Jan. 13 -
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 -
Fox Must Face Smartmatic’s $2.7 Billion Defamation Lawsuit, Court Rules
The complaint, which arose out of Fox News’s promotion of vote-rigging conspiracy theories after the 2020 U.S. presidential election, is on track to proceed to trial.The New York Times - Jan. 9 -
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 -
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 -
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 -
Apple May Owe You $20 in a Siri Privacy Lawsuit Settlement
Plus: The FBI discovers a historic trove of homemade explosives, new details emerge in China’s hack of the US Treasury Department, and more.Wired - Jan. 4 -
Apple to pay $95 million to settle lawsuit accusing Siri of eavesdropping
Apple has agreed to pay $95 million to settle a lawsuit accusing the privacy-minded company of deploying its virtual assistant Siri to eavesdrop on people using its iPhone and other trendy devices.NBC News - Jan. 3 -
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 -
Apple to pay $95m to settle Siri 'listening' lawsuit
The tech giant denies wrongdoing after being accused of eavesdropping on customers.BBC News - 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 -
Apple to pay $95 million to settle lawsuit accusing Siri of snoopy eavesdropping
Apple has agreed to pay $95 million to settle a lawsuit accusing the privacy-minded company of deploying its virtual assistant Siri to eavesdrop on people using its iPhone and other trendy devicesABC News - Jan. 2 -
Apple Agrees to Pay $95 Million to Settle Lawsuit Over Recordings Tied to Siri
The class-action lawsuit alleged the company obtained private communications and shared them with third parties without consent through Siri.The Wall Street Journal - Jan. 2
