Purdue Pharma in talks to settle for billions in opioid lawsuits
Drugmaker Purdue Pharma is negotiating a multibillion-dollar settlement with lawyers for local and state governments that would resolve about 2,000 lawsuits against the company.
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Johnson & Johnson responsible for fueling Oklahoma’s opioid crisis, judge rules
The landmark decision is the first to hold a drugmaker culpable for the fallout of years of liberal opioid dispensing that began in the late 1990s, sparking a nationwide epidemic of overdose deaths and addiction.
UPDATE: Andrew Luck to retire due to injuries that have ‘taken my joy’
Colts backup quarterback Jacoby Brisset is expected to take over as the starter of a team that some had pegged as a contender for the Super Bowl. “We’ll make this city proud,” said General Manager Chris Ballard.
Trump confirms he’s considering temporary payroll tax cut
The White House has, in recent days, sought to exude confidence about the economy’s strength while at the same time hunting for ways to bolster business and consumer confidence.
Bayer proposes paying $8B to settle Roundup cancer claims
An agreement would ease investor pressure over massive litigation exposure the German drug and chemical giant took on with its $63 billion purchase of the weedkiller’s maker, Monsanto Co.
Simone Biles blasts USA Gymnastics: ‘You had one job … and you couldn’t protect us!’
It wasn’t the first time Biles had criticized Indianapolis-based USA Gymnastics and its former president, Steve Penny, for its inaction against Larry Nassar. But rarely has she been as emotional in public as she was Wednesday,
Medicare to cover pioneering cancer treatment nationwide
The treatment costs $375,000 or $475,000, depending on whether it is used for advanced lymphoma or pediatric leukemia. Hospital stays can add hundreds of thousands of dollars to the cost of care.
Markets recover from Monday sell-off after China buttresses its currency
U.S. stocks on Tuesday rebounded from their worst day of the year after Chinese efforts to stabilize the yuan reassured nervous investors that a global currency war had not been declared.
Newspaper giants Gatehouse, Gannett likely to seek cost savings after merger
Efficiencies wrought by the merger might result in publications that rely less on local reporters and more on USA Today-type stories produced or edited remotely and published in dozens of the company’s publications.
Treasury Department designates China a ‘currency manipulator’
The United States and China traded blows in an unrestrained economic conflict Monday that sent stock markets plunging and threatened to inflict significant damage on a weakening global economy.
Trump kills key drug price proposal he once embraced
The drug rebate rule would have ended a widespread practice in which drugmakers give rebates to insurance middlemen in government programs such as Medicare. The idea was to channel that money to consumers instead.
Former Ford, Chrysler CEO Lee Iacocca dies at age 94
Lee Iacocca, the automobile industry executive who helped launch the Mustang at Ford and save Chrysler from bankruptcy, died Tuesday. Amid his successes, Iacocca presided over one of Ford’s greatest fiascoes: the Pinto, which led to a landmark product-liability case in Indiana in 1979.
Amazon’s HQ2 already making northern Virginia’s housing prices skyrocket
Real estate agents and local economists said inventories are so sparse that some popular ZIP codes in Arlington and Alexandria show no homes for sale at all.
Study: Legalizing medical marijuana doesn’t solve the opioid crisis
Marijuana legalization is enjoying a surge of support, both among American voters and 2020 presidential candidates. But that enthusiasm has led to some hasty claims about the drug’s usefulness that aren’t borne out by research. Five years ago—as the country’s opioid crisis had just started garnering national attention—a study got a lot of buzz suggesting […]
More than 180 CEOs sign letter opposing restrictions on abortion
More than 180 CEOs have signed an open letter opposing state efforts to restrict reproductive rights, as business leaders weigh how to most effectively exert pressure on abortion bans. Square chief executive and Twitter co-founder Jack Dorsey as well as fashion icon Diane von Furstenberg and others wrote that restrictions on abortion access threatens the […]
SAT’s new rating system faces its own adversity
College admissions testing was long viewed as a great equalizer. All students could aim for a maximum 36 on the ACT or 1600 on the SAT, no matter where they grew up or went to school. Their scores functioned as a currency of merit for a nation that aspired to meritocracy. Now, even the College […]
USDA researchers quit in droves as Trump administration plans relocation
A plan to move U.S. Department of Agriculture researchers out of Washington, D.C., has thrown two small but influential science agencies into upheaval. Indiana is one of three finalists to land the agencies.
McDonald’s employees file new round of sexual harassment complaints
More than two dozen current and former McDonald's workers filed sexual harassment complaints Tuesday to confront what they say is widespread misconduct at the fast-food behemoth.
Gannett shareholders reject hedge fund’s board candidates
The vote, completed at Gannett’s annual meeting, amounted to a rejection—possibly the final one—of Alden’s attempt to acquire Gannett through a hostile takeover launched in January by its Media News Group unit.
Republican senators raising alarms about growing trade war
Faced with the prospect that Trump will continue with his adversarial approach, Republican lawmakers are also looking for ways to provide a taxpayer bailout to farmers.