October 10, 2024
GSK Plc said it will pay as much as $2.2 billion to resolve about 80,000 US court cases related to allegations that its old reflux medication Zantac was contaminated with a suspected carcinogen. The cases represent about 93% of those …
October 9, 2024
Johnson & Johnson’s bold move to skirt a US court in New Jersey and seek a potentially friendlier venue in Texas to settle claims its baby powder gave women cancer faces a key decision as soon as Thursday. A federal …
October 8, 2024
TikTok faces new lawsuits filed by 13 U.S. states and the District of Columbia on Tuesday, accusing the popular social media platform of harming and failing to protect young people. The lawsuits filed separately in New York, California, the District …
October 8, 2024
A once-wealthy JPMorgan Chase & Co. client whose portfolio crumbled as he slid into dementia lost a legal battle seeking to recoup his fortune from the bank. A federal judge in Boston threw out a lawsuit filed by Peter Doelger, …
October 7, 2024
A growing number of utilities are resorting to an extreme measure to prevent their equipment from sparking catastrophic wildfires: turning off the power. Electric companies serving about 24 million homes and businesses across the fire-prone US West now have plans …
October 4, 2024
The U.S. Supreme Court will consider tossing out a Mexican government lawsuit accusing Smith & Wesson Brands Inc. and other gunmakers of facilitating firearm sales to people connected to the country’s violent drug cartels. In a case that could bolster …
October 4, 2024
Becton Dickinson & Co. will pay more than $1 billion to resolve more than 38,000 lawsuits alleging medical patients suffered damaged organs from surgical mesh improperly used to treat hernias, according to people familiar with the deal who weren’t authorized …
October 4, 2024
The Texas attorney general has sued leading insulin manufacturers and pharmacy benefit managers (PBMs), accusing them of collaborating to inflate the cost of insulin. Texas Attorney General Ken Paxton’s office said on Thursday it had sued insulin makers Eli Lilly, …
October 3, 2024
Citigroup Inc. settled an employment suit with an ex-trader after judges ruled he was unfairly dismissed by the bank over claims he was scapegoated for the lender’s decade-long regulatory failures in executing stock trades for clients in Asia. Ian Weir, …
October 3, 2024
The fire that razed the historic Maui town of Lahaina last year was caused when Hawaiian Electric Industries Inc. re-energized broken utility lines that caused sparks to ignite unmaintained dry vegetation, the Maui Fire Department said. The blaze was a …