Coverage: New York sues the family behind OxyContin, distributors
New York is suing the billionaire family behind the company that created OxyContin, joining a growing list of state and local governments seeking to hold not only the firm but its owners accountable for the nation’s opioid crisis. Michael R. Sisak and Jennifer Peltz of the Associated Press had the news: The state, which averages nine opioid-related […]
Talking Biz News Today — March 29, 2019
Some of Friday’s top business news stories: Associated Press Wells Fargo CEO steps down after a rocky tenure, by Ken Sweet US charges Facebook with high-tech housing discrimination, by Mae Anderson and Barbara Ortutay Bloomberg Subway closings accelerate as cold-cuts fail to draw in diners, by Leslie Patton The Ray-Ban billionaire doesn’t like to share, by Chris Bryant and Andrea Felsted Fortune Lyft […]
Coverage: Centene is buying Wellcare for $15.3 billion
Health insurer Centene Corp. agreed to buy competitor WellCare Health Plans Inc. for around $15.3 billion, creating a giant in the business of managing government health programs. Anna Wilde Mathews and Allison Prang of The Wall Street Journal had the news: The move comes after the Trump administration recently renewed talk of striking down the Affordable Care Act. Centene is the […]
Talking Biz News Today — March 28, 2019
Some of Thursday’s top business news stories: Associated Press Lyft hires IPO target to $70-$72 a share as excitement rises, by Michael Liedtke Facebook extends hate speech ban to “white nationalists,” by Barbara Ortutay Bloomberg Jury awards $80 million in damages in Roundup cancer case, by Joel Rosenblatt and Robert Burnson Mattress startup Casper joins the unicorn club with […]
Coverage: Purdue Pharma reaches $270M opioid settlement
Purdue Pharma LP and its owners, the Sackler family, agreed to pay $270 million to resolve a lawsuit filed by Oklahoma’s attorney general, the majority of which will fund a national opioid addiction center, its first attempt at settling one of the lawsuits around its OxyContin drug. Sara Randazzo of The Wall Street Journal had the […]
Talking Biz News Today — March 27, 2019
Some of Wednesday’s top business news stories: Associated Press GOP lawmakers set goal of summer vote for trade deal, by Kevin Freking Banks, technology companies power a rebound for US stocks, by Alex Veiga Bloomberg Almost half of older Americans have zero in retirement savings, by Ben Steverman Airlines with electric engines are coming, by Justin Bachman Fortune […]
Coverage: Apple unveils a slew of a new services
Apple CEO Tim Cook on Monday announced Apple TV+, a long-rumored ad-free, on-demand entertainment streaming service. Edward C. Baig of USA Today had the news: Apple TV+ will launch in the fall and be part of a revamped Apple TV app. In broad strokes, the new service would appear to pit Apple against the likes of Netflix, Amazon Prime and Hulu. […]
Talking Biz News Today — March 26, 2019
Some of Tuesday’s top business news stories: Associated Press US stocks end choppy day mixed amid global growth jitters, by Alex Veiga Apple is jumping belatedly into the streaming TV business, by Michael Liedtke and Tali Arbel Bloomberg Lawyer Michael Avenatti accused of trying to extort Nike, by Chris Dolmetsch and Erik Larson Charlotte snags another bank headquarters without the Amazon hoopla, […]
Coverage: Shaq joins the Papa John’s team
Papa John’s International Inc. added former basketball star Shaquille O’Neal to its board as the pizza chain works to repair its image following controversies tied to its founder and former chief executive. Jacob Bunge and Micah Maidenberg of The Wall Street Journal had the news: Mr. O’Neal will also participate in Papa John’s marketing efforts and has invested in nine […]
Talking Biz News Today — March 25, 2019
Some of Monday’s top business news stories: Associated Press First-of-its-kind US nuclear waste dump marks 20 years, by Susan Montoya Bryan Kimberly family finds its niche in mint, by Mychel Matthews Bloomberg Stock futures sitting out Trump celebration of Mueller report, by Elena Popina and Vildana Hajric YouTube bows out of Hollywood arms race with Netflix and Amazon, by Lucas […]
