Members of the Sackler family who own OxyContin maker Purdue Pharma, and the company itself, agreed to pay up to $7.4 billion to settle lawsuits over the toll of the powerful prescription painkiller.
Diamond Comic Distributors' bankruptcy filing last week could mean layoffs and the closure of its Hunt Valley headquarters if it doesn’t find a buyer by April 1.
The last two months have been plagued by hundreds of home store closures, capping off a difficult 2024 and tempering positive forecasts for 2025. Warren Shoulberg explains why analysts remain hopeful.
The new settlement reopens a path to ending Purdue’s chapter 11 case, the longest and costliest corporate bankruptcy stemming from the U.S. opioid epidemic.