3M Just Agreed to a $6 Billion Settlement. More Lawsuits Await.
Manufacturer faces lawsuits over forever chemicals filed by personal injury lawyers, state attorneys general. Source link
regulation
FTC Pauses Challenge to Amgen’s $27.8 Billion Deal for Horizon Therapeutics
The move gives the agency time to weigh a settlement that would allow the deal to close with conditions. Source...
Wagers on the Weather? Insurers Offer a Way for Businesses to Hedge Climate Risks
Parametric insurance, which lets businesses tie their policies directly to weather conditions such as wind speed and flood depth, has...
Deal to Double China Flights Signals U.S. Airlines’ Stronger Hand
Both sides stay civil even as the Biden administration’s go-slow policy frustrates Beijing’s hopes of a faster aviation-market reopening. Source...
Teva Agrees to Pay $225 Million to Settle U.S. Price-Fixing Charges
The generic drugmaker’s U.S. unit also must sell the drug line for cholesterol treatment pravastatin. Source link
America’s Tech Giants Rush to Comply With New Curbs in Europe
Some of the impact will hit right away, changing how users scroll, search and shop online. Source link
The Battle to Ban TikTok and the Man at the Center of It
Montana Attorney General Austin Knudsen helped start a case that he thinks could make its way to the Supreme Court....
Why Child-Care Prices Are Rising at Nearly Twice the Overall Inflation Rate
Providers are boosting tuition as their costs rise and federal aid ends, straining some families’ finances. Source link
China Torpedoes Intel’s Bid to Buy Israeli Chip Maker Tower Semiconductor
Intel scrapped its more-than-$5 billion offer to buy Tower after Chinese regulators failed to approve the deal in time, the...
China Slashes Rates, Suspends Youth Jobless Data as Economy Signals Sharper Downturn
Updated Aug. 15, 2023 3:35 am ETListen to article(2 minutes)SINGAPORE—Chinese officials said they would stop reporting the country’s youth unemployment...
The Economic Losers in the New World Order
Giant subsidies and rising protectionism are upending decades of free trade. Smaller countries, from the U.K. to Singapore, are getting...
Viet Dinh to Leave as Fox’s Chief Legal Officer
The architect of the company’s ill-fated strategy in a defamation battle that resulted in a record $787.5 million settlement is...
A New Green Tax-Credit Market Is for Corporations. Some Wealthy People Want In.
Some tax advisers are urging the Treasury Department to let individuals use clean-energy tax credits, too. Source link
Cruise, Waymo Get Approval to Expand Driverless Vehicles in San Francisco
California regulator votes to allow autonomous car companies to add cars and charge for rides. Source link
WSJ News Exclusive | Amazon Cuts Dozens of House Brands as It Battles Costs, Regulators
The company has decided to eliminate 27 of its 30 clothing labels, such as Lark & Ro and Goodthreads, as...
U.S. and China Poised to Drift Further Apart After Investment Ban
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Biden Restricts U.S. Investment in China
The executive order also requires U.S. private-equity and venture-capital firms to disclose certain investments in the country. Source link
First Pill for Postpartum Depression Is Approved by FDA
The pill, to be taken daily for at least two weeks, significantly reduced postpartum depression among new mothers in a...
Google Search Antitrust Suit Narrowed by Federal Judge Ahead of September Trial
Judge Amit Mehta rejected a legal theory pushed by state attorneys general in their 2020 lawsuit, but he allowed other...
Crypto Rules Delay Puts Billions in Tax Revenue at Risk
Democratic senators are pressing the Biden administration to speed up the release of regulations tied to a 2021 law. Source...
