Despite a foundering stock market, these companies soared in the first quarter. Wayne DugganApril 1, 2025 What Is Stagflation? As Trump wields tariffs against U.S. trade partners, some fear an inflation rebound, slower growth and higher unemployment. ...
Purdue Pharma would continue to operate, but profits would be used to pay for the settlement. The Associated Press contributed to this report. U.S. Stock Market Quotes Quotes displayed in real-time Advertisement Arrives Weekly Get Our Newsletter Get a brief on the top business stories of th...
Purdue Pharma could be heading for bankruptcy but the extent to which it would affect the Sackler family fortunes remains unclear.
STAMFORD, Conn. (AP) — More than 500 people have signed a petition calling for the removal of a stone marker at a Connecticut park that bears the name of OxyContin maker Purdue Pharma, citing the company's role in the opioid crisis.
The U.S. Supreme Court on Thursday struck down Purdue Pharma's nationwide settlement agreement, delaying compensation for opioid victims.
Purdue Pharma, the company that made billions selling the prescription painkiller OxyContin, has filed for bankruptcy in White Plains, New York. The move comes days after reaching a tentative settlement with many of the state and local governments suing it over the toll of opioids. The filing wa...
“Purdue Pharma believes a settlement that benefits the American public now is a far better path than years of wasteful litigation and appeals. While the company is prepared to defend itself vigorously in the opioid litigation, Purdue has made clear that it prefers a constructive global resolution...