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NYU Strips Sackler Name, Science Program [Video]

NYU Strips Sackler Name, Science Program

New York University is expunging the Sackler name from its Graduate Biomedical Institute, a decision the school attributed to the family’s role in the ongoing opioid epidemic. The Sackler family owns..

Credit: Wochit     Duration: 00:37Published

OxyContin maker to plead guilty in opioid probe [Video]

OxyContin maker to plead guilty in opioid probe

Purdue Pharma agreed to plead guilty to criminal charges over the handling of its addictive prescription opioid OxyContin, in a deal that comes with a $8.4 billion settlement but stops short of..

Credit: Reuters Studio     Duration: 02:37Published

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U.S. states reject $18 billion proposal to settle opioid lawsuits, discussions ongoing: sources

Twenty one states have rejected an $18 billion settlement proposal from three major U.S. drug distributors to resolve lawsuits over their alleged role in the opioid crisis, although settlement..
Reuters India - Published

21 states reject $18 billion offer from U.S. distributors to settle opioid lawsuits: WSJ

Twenty one states reject an $18 billion settlement offer from three major drug distributors to resolve litigation over their alleged role in the opioid crisis, the Wall Street Journal reported on..
Reuters India - Published

Record $4 billion Airbus fine draws line under 'pervasive' bribery

Airbus bribed public officials and hid the payments as part of a pattern of worldwide corruption, prosecutors said on Friday as the European planemaker agreed a record $4 billion settlement with..
Reuters India - Published

Airbus fined record $4 billion in global bribery settlement

Airbus bribed public officials and hid the payments as part of a pattern of worldwide corruption, prosecutors said on Friday as the European planemaker agreed a record $4 billion settlement with..
Reuters India - Published

USD 13.5 billion settlement for California wildfires

*San Francisco:* Californian utility giant Pacific Gas and Electric (PG&E) has agreed on a $13.5 billion settlement with victims of wildfires in the state, it was reported on Saturday. The company's..
Mid-Day - Published Also reported by •Reuters India

OxyContin maker Purdue Pharma to pay states' lawyers, urged to help victims

OxyContin maker Purdue Pharma LP got court approval on Tuesday to reimburse millions of dollars in legal fees for states that back its proposed $10 billion settlement of opioid lawsuits, but with a..
Reuters India - Published

Several states wary of $48 billion opioid settlement proposal

Several U.S. states that have been ravaged by the opioid epidemic are pushing back on a proposed $48 billion settlement framework that would resolve thousands of lawsuits against five drug companies..
Reuters India - Published

Drug firms avert landmark opioid trial as talks on $48 billion settlement set to resume

Four large drug companies could resume talks on Tuesday to try to reach a $48 billion (£37.01 billion) settlement of all opioid litigation against them, after agreeing with two Ohio counties to a $260..
Reuters India - Published

PG&E settles wildfire claims with insurers for $11 billion

PG&E Corp said on Friday it has reached an $11 billion settlement to resolve most claims by insurance carriers related to 2017 and 2018 wildfires in California.
Reuters India - Published

FTC to announce $5 billion settlement with Facebook as early as this week - sources

The U.S. Federal Trade Commission is expected to announce a roughly $5 billion settlement with Facebook Inc as early as this week over its investigation into the social media company’s handling of..
Reuters India - Published

Facebook to pay $ 5 billion fine over privacy violations: Report

Facebook has reportedly reached a whopping $5 billion settlement with the US Federal Trade Commission (FTC) in the Cambridge Analytica privacy violations, the media reported.
Sify - Published

U.S. regulators approve $5 billion Facebook settlement over privacy issues - source

The U.S. Federal Trade Commission approved a roughly $5 billion settlement with Facebook Inc this week over its investigation into the social media company's handling of user data, a source familiar..
Reuters India - Published

Indivior says Reckitt settlement in U.S. unrelated to its cases

Drugmaker Indivior Plc said on Thursday its former parent Reckitt Benckiser's $1.4 billion settlement with authorities in the United States was separate to its ongoing legal proceedings.
Reuters India - Published

Amazon founder Jeff Bezos finalises divorce with $38 billion settlement: report

Jeff Bezos and MacKenzie Bezos announced their plan to divorce in a joint Twitter statement in January
Hindu - Published Also reported by •Reuters IndiaDNA