The U.S. National Highway Traffic Safety Administration sent Tesla Inc.’s Elon Musk a cease-and-desist letter last year regarding Model 3 safety claims and has subpoenaed the carmaker for information on several crashes, according to documents posted by a nonprofit advocacy …
Concern over Novartis AG’s corporate culture returned to the spotlight after U.S. regulators said the Swiss drugmaker delayed disclosing manipulation of animal testing data for the world’s most expensive drug. The company became aware of a data problem on March …
CRU Group Hires CEO for US Claims CRU Group has appointed David Repinski as chief executive officer of CRU USA, which provides claims adjusting services. “The dramatic consolidation of the independent adjusting sector in the United States has created huge …
McKesson Corp., Cardinal Health Inc. and AmerisourceBergen Corp. have proposed paying $10 billion to settle claims they helped to fuel the U.S. opioid epidemic — the first sign of progress in resolving state lawsuits against the drug distributors, according to …
PHOENIX — Arizona’s attorney general on Wednesday asked the U.S. Supreme Court to force the Sackler family, which owns OxyContin-maker Purdue Pharma, to return billions of dollars they took out of the company. The court filing marks the first time …
Canadian energy company Enbridge Inc said the section of its Texas Eastern pipeline in Kentucky that exploded on Thursday, killing one person, will remain shut through at least Aug. 12. Enbridge said in a notice to customers Monday afternoon it …
As tropical storm Barry roared ashore in Louisiana last month, Entergy Corp. monitored the electric grid using airwaves that have long been reserved for utilities and first responders. Those secure, wireless signals helped the company manage outages, even while winds …
L’Oreal SA made its name with an innovative hair-dyeing technology more than a century ago. Now the world’s largest beauty company is facing off in federal court against a California startup with pioneer claims of its own. The startup, Olaplex …
New Jersey Transit is withholding the growing cost of one of its biggest-ever capital projects, an emergency rail-braking system ordered by Congress. In 2017, the so-called positive train control system had a cost of at least $320 million, more than …
Mallinckrodt Plc said it would suspend the spinoff of its specialty-generics business as it grapples with a wave of lawsuits related to opioid painkillers and a bruising marketplace for copycat medicines. The company is still considering a range of options …