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 settlement of all opioid litigation against them, after agreeing with two Ohio counties to a $260 million deal to avert the first federal trial over their role in the…
Chicago teachers strike runs on; mayor demands ‘urgency’ on deal
School classes will be called off for a fourth day in Chicago after the city and striking teachers in the third-largest U.S. school system failed to settle a contract dispute over issues such as class size and staffing.
October brings losses for short sellers in U.S. opioid-related shares
October has been a rough month for short sellers betting against companies at the heart of the opioid crisis, although those traders still have paper profits of almost $600 million for the year, according to data from financial analytics firm S3 Partne…
Ex-CEOs plead guilty to roles in U.S. college admissions scandal
Four wealthy parents including the former chief executives of bond manager Pimco and specialty finance lender Hercules Capital Inc pleaded guilty on Monday to participating in a vast U.S. college admissions cheating and fraud scheme.
Drug companies avert landmark opioids 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 settlement of all opioid litigation against them, after agreeing with two Ohio counties to a $260 million deal to avert the first federal trial over their role in the…
Wildfire threatens homes, prompts evacuations in Pacific Palisades, California
A wildfire raced up a steep hillside to threaten scores of homes in the Los Angeles coastal enclave of Pacific Palisades on Monday, prompting evacuations as water-dropping helicopters and firefighters swarmed the area to battle the flames.
Democratic 2020 hopeful Warren still weighing Medicare for All financing options
White House hopeful Elizabeth Warren is taking heat from her Democratic rivals for her demurrals when asked whether her Medicare for All healthcare plan would require raising taxes on middle-class households.
‘Enough is enough’: striking Chicago teachers, city demand deal
School for over 300,000 students in Chicago was canceled for a third day on Monday as the city’s mayor and striking teachers complained of slow-moving talks on issues like staffing and class sizes in the third-largest U.S. school system.
San Jose to propose turning PG&E into giant customer-owned utility – WSJ
San Jose, California’s third-biggest city, is proposing to convert PG&E Corp into the country’s largest customer-owned utility, the Wall Street Journal reported on Monday, citing the city’s mayor.
Massachusetts vaping sales ban can stand but needs fixes: judge
A Massachusetts judge on Monday declined to immediately halt a ban on the sale of vaping products adopted after an outbreak of e-cigarette-related lung injuries, but he said the state must redo the ban and get public comment this time.
