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 …

Brush Fire Evacuation Closes 2 Southern Calif. Amusement Parks

LOS ANGELES — A brush fire raging along a Southern California riverbed prompted the evacuation of two nearby amusement parks on Sunday, but no homes were threatened and no serious injuries were reported, authorities said. The blaze erupted at about …

Crane Collapses on Dallas Apartment Building, Killing 1, Injuring 6

A construction crane, apparently toppled by high winds, collapsed onto an apartment house in Dallas on Sunday and sliced through five floors of the building, killing at least one person and injuring six others, a city fire and rescue spokesman …

PG&E’s Power Suppliers Lose Contract Fight in Bankruptcy Court

The power generators that supply bankrupt utility giant PG&E Corp. were dealt a major blow as a judge ruled that federal regulators can’t keep their supply contracts from getting killed. Power giants including NextEra Energy Inc. and Exelon Corp. had …

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 …

A Ponzi Scheme, a Retiree and a Revolt Against OppenheimerFunds

Donald Dwyer left statehouse politics for retirement in Clearwater, Florida, at the Grand Venezia, a 336-unit condominium complex with a pool, tennis courts and ill-fated ambitions to bring a touch of Italian luxury to the Gulf Coast. But the former …

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, …

News Archives by Month