National News

Opioid Manufacturer Insys Files for Bankruptcy after Kickback Probe

Drugmaker Insys Therapeutics Inc filed for bankruptcy protection on Monday amid mounting expenses driven by a U.S. Justice Department probe into claims it paid doctors bribes to prescribe a powerful opioid medication. The Chapter 11 bankruptcy filing marked a first …

Hundreds of Barges Stalled as Floods Hinder Midwest Supplies

Hundreds of barges are stalled on the Mississippi River, clogging the main circulatory system for a farm-belt economy battered by a relentless, record-setting string of snow, rainstorms and flooding. Railways and highways have been closed as well, keeping needed supplies …

Regulators Give Phone Companies New Tools to Fight Robocalls

Federal regulators voted Thursday to give phone companies the right to block unwanted calls without getting customers’ permission first. The Federal Communications Commission’s move could make call-blocking widespread and help consumers dodge annoying robocalls, which have exploded into a problem …

Sexual Violence Stories can Become ‘Trauma Porn,’ #MeToo Founder Says

VANCOUVER, Canada — The founder of the #MeToo movement that inspired countless women to reveal stories of sexual violence said on Thursday women can be just as powerful by not sharing their experiences, which can become grist for “trauma porn.” …

Insys to Pay $225 Million to Settle Opioid-Sales Probe

Insys Therapeutics Inc., grappling with the prospect of bankruptcy after its founder was convicted on racketeering charges, agreed to pay $225 million to settle U.S. claims that the drug maker illegally sold opioid-based painkillers. Under terms of the deal, Insys …

Amazon Unveils Futuristic Helicopter-Plane Hybrid Drone for Deliveries

Amazon.com Inc. has unveiled a revolutionary new drone — part helicopter and part science-fiction aircraft — that the company expects to use for test deliveries of toothpaste and other household goods starting within months. The new device takes off vertically, …

Walmart Will Put the Groceries in the Fridge While You’re Out

Walmart Inc. already sells more food than anyone else. Now it wants to put those groceries right in your fridge. Beginning this fall, about 1 million people in Pittsburgh, Kansas City, and Vero Beach, Florida, will be able to get …

Lawmakers Seek Documents on Boeing’s Faulty Sensor Alert

House lawmakers demanded records from Boeing Co., one of its suppliers and U.S. aviation regulators on why a cockpit alert that might have helped pilots in two recent fatal 737 Max crashes was installed with a defect that made it …

As InsurTech Takes Over, Insurers Must Train the Humans that Remain

CHICAGO — As technology eliminates claims jobs through automation, insurers will need to build new skill sets for the employees who remain, speakers said during the second and final day of the Insurance Nexus Connected Claims Conference. Eric Brandt, managing …

Insys Agrees to $225 Million, 5-Year Settlement of U.S. Opioid Sales Claims

Insys Therapeutics Inc., grappling with the prospect of bankruptcy after its founder was convicted on racketeering charges, agreed to pay $225 million to settle U.S. claims that the drug maker illegally sold opioid-based painkillers. Under terms of the deal, Insys …

National News Archives by Month