3M is on the verge of ending the largest mass tort litigation in U.S. history, but it's still facing other expensive legal headaches.The company said Tuesday that it settled with roughly 250,000 plaintiffs in a $6.01 billion deal. Military veterans and service members alleged 3M manufactured defective earplugs that...
Bottles of the drug Jardiance, made by Eli Lilly and Company, sit on a counter at a pharmacy in Provo, Utah, January 9, 2020.George Frey | ReutersTwo blood thinners and a diabetes medication are the most widely used among a list of ten drugs that will be subject to...
Inductee Eminem performs on stage during the 37th Annual Rock & Roll Hall Of Fame Induction Ceremony at Microsoft Theater on November 05, 2022 in Los Angeles, California.Jeff Kravitz | Filmmagic, Inc | Getty ImagesRapper Eminem has demanded Vivek Ramaswamy stop using his music on the campaign trail —...
The Biden administration on Tuesday unveiled the first 10 prescription drugs that will be subject to price negotiations between manufacturers and Medicare, kicking off a controversial process that aims to make costly medications more affordable for older Americans. President Joe Biden's Inflation Reduction Act, which passed in a party-line vote...
Martin Gruenberg, Chair of the Federal Deposit Insurance Corporation (FDIC), testifies about recent bank failures during a US Senate Committee on Banking, House and Urban Affairs hearing on Capitol Hill in Washington, DC, May 18, 2023.Saul Loeb | AFP | Getty ImagesU.S. banking regulators on Tuesday unveiled plans to...
The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, March 16, 2021.Rebecca Cook | ReutersDETROIT – General Motors is working with Google to explore opportunities to implement AI technologies across the automaker's business, the companies announced Tuesday.The broad partnership around generative, or...
Nio's ET5 stands on display at the Central China International Auto Show on May 25, 2023, in Wuhan, China.Getty Images | Getty Images News | Getty ImagesChinese electric vehicle maker Nio lost $835.1 million in the second quarter, more than twice its year-ago loss as deliveries of its upscale...
A shopper pushes a cart with a TV in front of a Best Buy store in Chicago, Illinois, November 25, 2022.Jim Vondruska | ReutersBest Buy on Tuesday surpassed Wall Street's quarterly sales expectations, but tempered expectations for the rest of the year as it feels the lull of post-pandemic...
Electrical workers repair power lines leading into the fire ravaged town of Lahaina on the island of Maui in Hawaii, August 15, 2023.Mike Blake | ReutersElectric companies in the western U.S. are facing mounting lawsuits alleging that their failure to prepare for extreme weather has resulted in repeated, catastrophic...
Jodie Comer and Sandra Oh attend the premiere of BBC America and AMC's 'Killing Eve' at ArcLight Hollywood on April 01, 2019 in Hollywood, California.Emma McIntyre | Getty ImagesStreaming services are leaning more on pay TV.Warner Bros. Discovery's Max will feature more than 200 episodes of recent AMC Networks...