Hints and tips:
...Simo, who took over the business from its co-founder Apoorva Mehta in August 2021, said: “We did not want to dilute the company at the current prices.”...
...Judges have pushed back on “mass tort” bankruptcies involving 3M and Purdue Pharma....
...Christie’s May sales already offer art valued at hundreds of millions of dollars, including 16 works from the estate of the media magnate SI Newhouse, seven more works from the Microsoft co-founder Paul...
...Frederick Studemann is the FT’s literary editor Join our online book group on Facebook at FT Books Café...
...He grew up in the Chicago suburb of Evanston, Illinois, and attended Purdue University but failed to graduate because he refused to retake a French class he had failed....
...Samir Madani, co-founder of TankerTrackers.com, estimates the global ghost fleet of supertankers is higher — a total of 107 vessels excluding Iranian-flagged ships....
...Seeger until it was purchased by the late industrial scion Frederick R. Koch (not to be confused with his Republican mega-donor younger brothers)....
...Purdue Pharma has sought bankruptcy protection to cap future payouts linked to its involvement in the nation’s opioid crisis, and members of the Sackler family who own Purdue were also granted immunity from...
...Meanwhile, although not a two-step, bankruptcy has shielded Purdue Pharma from future lawsuits stemming from its OxyContin painkiller....
...Last month, New York state agreed a $230m settlement with J&J, while its claim against Purdue is moving through US bankruptcy court....
...Purdue Pharma, the maker of OxyContin — the pill that became synonymous with the opioid crisis — was not part of Wednesday’s settlement....
...In addition to J&J, the complaint named Purdue Pharma and the members of the Sackler family that own it, Mallinckrodt, Endo, and Teva among others....
...Frederick Studemann FT LITERARY EDITOR Branded Europe’s last Stalinist outpost — a title Belarus may now dispute — precious little was known about life in communist Albania under Enver Hoxha....
...Frederick Studemann is the FT’s literary editor Follow @FTLifeArts on Twitter to find out about our latest stories first Join our online book group on Facebook at FT Books Café...
...For Sneader, resolving the Purdue litigation signified a new chapter....
...One recording included details of Sir Frederick’s conversations with Sidra Capital, a private investment group that represents wealthy Saudi Arabian families....
...Only this week, in a dismal counterpoint to the stunning vaccines news, came a fresh reminder of its role in America’s opioid addiction crisis, when Purdue Pharma pleaded guilty to criminal charges over...
...It exhibited a 1998 letter where a Noramco executive wrote to Frederick Pharmaceuticals, which later became Purdue, explaining they could not obtain such a large supply from any other company....
...Reddit co-founder and executive chairman Alexis Ohanian is stepping down from its board and has called for a black candidate to replace him, distancing himself from the sometimes controversial social media...
...In a 1998 letter exhibited at the trial, an executive from Noramco wrote to Purdue Pharma — then known as Purdue Frederick — to say that “gaining access to raw materials on a worldwide basis . . . simply...
...Purdue Pharma, owned by certain members of the wealthy Sackler family, settled a case with Oklahoma for $270m earlier in the year....
...Earlier this year Purdue Pharma settled the Oklahoma case for $270m without admitting liability, and Israeli drugmaker Teva Pharmaceuticals settled for $85m....
...A 2003 Harvard Business Review article by Bain consultant Frederick Reichheld introduced the “Net Promoter Score” (NPS), a measure of how far a company’s “promoters” outweigh “detractors”....
...Purdue Pharma, owned by certain members of the Sackler family, had settled a 2007 misbranding case of its opioid OxyContin for $600m....
...“I think Amazon opened the world to books and I can only say thank you,” says Jane Friedman, co-founder of ebook retailer Open Road and a former chief executive of HarperCollins....
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