Finance

March 26 (Reuters) – Purdue Pharma LP has agreed to settle a lawsuit by the state of Oklahoma accusing the maker of painkiller OxyContin of helping fuel an opioid abuse epidemic, a person familiar with the matter said on Tuesday. The settlement is the first stemming from a wave of recent lawsuits over the drugmaker’s […]

Lawyers questioned whether putting a waiver of liability on the back of a golf cart slip was even valid, let alone aboveboard. The waivers that hold up best in court are written with bold type highlighting the risks to a person, who then has to agree to them by signing, Mr. Wickert said. “Warnings on

In a series of columns for National Review in the early 2000s, Mr. Moore mocked female athletes and proposed, in what he says was a joke, that women be barred from officiating, announcing or even serving beer at N.C.A.A. men’s basketball tournament games. “Is there no area in life where men can take vacation from

A bidding war is breaking out over Anadarko Petroleum, with Occidental making an offer that it says is about a 20% premium to Chevron’s deal announced earlier this month, a rare move not often seen in the U.S. oil industry. Houston-based Occidental Petroleum Corp. said the proposed combination would bolster its position in the Permian

March 27 (Reuters) – Chinese gaming company Beijing Kunlun Tech Co Ltd is seeking to sell Grindr LLC, the popular gay dating app it has owned since 2016, after a U.S. government national security panel raised concerns about its ownership, according to people familiar with the matter. The Committee on Foreign Investment in the United

There is a lot of money to be made in beauty, and right now a lot of it is being made by male executives. Moj Mahdara wants to change that. The C.E.O. of Beautycon, which holds semiannual festival-like trade shows, recently raised $20 million in funding and has begun to open pop-up retail spaces in

The federal minimum wage rose to $7.25 an hour 10 years ago. It hasn’t budged since. For Americans living in the 21 states where the federal minimum wage is binding, inflation means that the minimum wage has lost 16 percent of its purchasing power. But elsewhere, many workers and employers are experiencing a minimum wage

U.S. stocks followed a record-setting day with more subdued trading Wednesday as investors continue digesting a steady flow of corporate earnings and a potential break in the trade war between the U.S. and China. Stocks are essentially stalling and bond prices are rising as investors pull back into a more defensive position. Real estate companies

WASHINGTON, March 27 (Reuters) ― U.S. Energy Secretary Rick Perry has approved six secret authorizations by companies to sell nuclear power technology and assistance to Saudi Arabia, according to a copy of a document seen by Reuters on Wednesday. The Trump administration has quietly pursued a wider deal on sharing U.S. nuclear power technology with

This problem is exemplified by another confessor, whom Refinery29 asked to reflect on her life after her diary posted online (she now earns $69,000 a year). She says she appreciated the experience of documenting her spending because she learned that it’s all right to talk about money, even if that involves mistakes. She also says