Global Economy
Sackler Family Reportedly Backs $11.5B Purdue Pharma Opioid Settlement
The Sackler family and their embattled drugmaker, Purdue Pharma LP, are backing a proposal to resolve all opioid lawsuits against themselves and the drugmaker for more than $11 billion in what would ...
Ex-Alphabet Engineer Charged With Stealing Google Self-Driving Car Secrets
The U.S. Department of Justice on Tuesday filed criminal charges against Anthony Levandowski, accusing the former high-ranking Alphabet Inc engineer of stealing the company's self-driving car ...
U.S. Cyber Agency: Reducing Chinese Tech Risks Is a Top Priority
A newly created U.S. cybersecurity agency said Thursday that China represents the greatest strategic risk to the U.S., and as a result, the agency's top operational priority is reducing the risks ...
UK PM Johnson Heightens Campaign to Reopen Brexit Negotiations
U.K. Prime Minister Boris Johnson on Sunday stepped up his campaign to convince the European Union to reopen Brexit negotiations, using the Group of Seven summit in France to test the bloc's united ...
Analysts Curious About AIG 200 Transformation Initiative; Details Wanted
Less than two years after Brian Duperreault took the helm at American International Group, his first big accomplishment has become clear: The carrier's P/C business is on track to produce an ...
Four Facebook Users Refile Lawsuit Over Cambridge Analytica Privacy Scandal
Four Facebook Inc. users revived a lawsuit against the social media company, claiming it invaded their privacy and violated its terms of service by selling their data to Cambridge Analytica and more ...
Luxury Electric Cars More Likely to Cause Accidents Than Standard Engine Counterparts: AXA Research
Electric luxury cars and sport utility vehicles (SUVs) may be 40% more likely to cause accidents than their standard engine counterparts, possibly because drivers are still getting used to their ...
Allianz Pays $738M For General Insurance Assets of SulAmerica in Brazil
Allianz SE agreed to pay 667 million euros ($738 million) for the general-insurance assets of SulAmerica, a deal that will make the German firm Brazil's second-largest provider of motor insurance. ...