FTC says pharma no to "Pharma Bro"
Regulators claim the former drug executive, who served four years in prison for fraud, is violating lifetime industry ban.
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Regulators claim the former drug executive, who served four years in prison for fraud, is violating lifetime industry ban.
Federal health officials are warning people in newly-hard hit COVID areas to consider masking up in indoor public places. About a-third of the U.S. population lives in areas considered at higher risk - mostly in the Northeast and Midwest. “Pharma Bro” Martin Shkreli has been released from prison early. And “The Greatest Show on Earth” plans a comeback next year – but without animal performers. Ringling Brothers went dark in 2017.
Former pharmaceutical exec, who was sentenced to a seven-year term in 2018, will face either home confinement or a halfway house.
The so-called "Pharma Bro" is banned for life from participating in the pharmaceutical industry.
Proceeds for the sale will go towards Shkreli's court-ordered fines and payments.
Martin Shkreli was sentenced to seven years in prison Friday for cheating investors. But it was his role as outspoken pharmaceutical CEO that caused him to gain notoriety and put the spotlight on drug prices in the U.S. CBS News correspondent Anna Werner explains.
Martin Shkreli, the pharmaceutical executive convicted of defrauding investors in his hedge funds, has been sentenced to seven years in prison. CBS News Radio's Steve Dorsey tells CBSN he became an unlikely pen pal to the "Pharma Bro" behind bars.
Despite being accused of similar crimes, Theranos founder and CEO Elizabeth Holmes and so-called "pharma-bro" Martin Shkreli received very different punishments. So why the discrepancy? CBS News spoke to attorney and former federal prosecutor Emily Compagno about the cases.
Martin Shkreli, the drug company executive nicknamed "Pharma Bro," is being sentenced today for defrauding investors. CBS News Radio's Steve Dorsey joins CBSN with the story of how he became Shkreli's prision pen pal.
Former hedge fund manager and pharmaceutical CEO Martin Shkreli faces up to 20 years in prison for his conviction on security fraud and conspiracy. Shkreli became the poster boy for greed on Wall Street after raising the price of a life-saving drug 5,000 percent. Tony Dokoupil reports.
Martin Shkreli's jury has been chosen in his securities fraud trial. His reputation slowed the jury selection process with as many as 200 potential jurors dismissed. Some of the dismissed jurors said they couldn't be impartial knowing his "pharma bro" reputation.
Pharmaceutical exec Martin Shkreli's trial on charges of securities and wire fraud is getting underway. Jury selection is proving to be difficult, as more than 120 jurors have already been dismissed, most citing their dislike of Shkreli. CBS News justice reporter Paula Reid joins CBSN with more on the case.
Japanese airbag maker Takata files for bankruptcy; "Pharma bro" Martin Shkreli in court for fraud trial. These headlines and more from CBS MoneyWatch
The maker of EpiPen, a potentially life-saving medical device for severe allergic reactions, is now under Congressional scrutiny over how its cost has risen nearly 500 percent since 2009. But one prominent and controversial figure, former pharma CEO Martin Shkreli who has no connections to the EpiPen product, is defending the increase. Vinita Nair reports.
In a conversation with CBS News' Vinita Nair, controversial former CEO of Turing Pharmaceuticals defends drug-maker Mylan for its skyrocketing cost of the device that delivers a life-saving injection for people with severe allergies. Shkreli has no connection with the EpiPen product. He also claims he is "innocent" of his own, unrelated federal securities fraud charges.
Donald Trump is re-tooling his controversial immigration policy, which included a vow to deport 11 million undocumented immigrants; Mississippi firefighter Patrick Hardison's life changed in 2001 when the roof of a burning house collapsed on him
Several members of Congress are demanding to know why the price of EpiPens has skyrocketed by 500 percent. The devices deliver a life-saving injection for people with severe allergies. Vinita Nair spoke with a former pharmaceutical exec who faced similar criticism last year.
The cost of EpiPens are on the rise. Founder and former CEO of Turing Pharmaceuticals, Martin Shkreli, joins CBSN with to discuss why he believes the price hike is justified and why he raised the price of Daraprim by 5000%.
You thought you hated him before. Wait until you see this.
Hillary Clinton and Bernie Sanders argue over progressivism, "Pharma Bro" Martin Shkreli appears before Congress but refuses to testify and more are among today's CBSNews.com trending stories.
Martin Shkreli, the former head of a pharmaceutical company that jacked up prices on an AIDS drug, appeared before Congress Thursday. But he didn't have much to say. Scott Pelley has more.
Ex-pharma CEO Martin Shkreli hosted a live video chat and took questions from the public after pleading the fifth before Congress on questions unrelated to his federal charge. CBSN's Vladimir Duthiers attempts to ask Shkreli question but the embattled drug entrepreneur refuses to take media questions.
Ex-Pharma CEO Martin Shkreli was set to be grilled by members of Congress on questions unrelated to his federal indictment. CBS News justice reporter Paula Reid joins CBSN to discuss why the ex-CEO kept pleading the fifth.
Martin Shkreli, former CEO of Turing Pharmaceuticals, testified on Capitol Hill after hiking drug prices by more than 5,000 percent. Watch how lawmakers react to him invoking the Fifth Amendment.
Infamous pharma ex-CEO Martin Shkreli is known for hiking of drug prices. However, he wasn't the first. Why is it such a shock now? Financial Times senior business correspondent Michael Crow joins CBSN to discuss.
The criminal referrals are over a complaint from a whistleblower that helped trigger President Trump's first impeachment.
With the Iran war paused halfway through a 2-week ceasefire, President Trump is again voicing optimism over the potential for a deal to end it for good.
Supreme Court Justice Sonia Sotomayor apologized Wednesday for publicly criticizing Justice Brett Kavanaugh, comments she said were "hurtful" and "inappropriate."
The lawsuit involved dozens of states that alleged Live Nation undermined competition and drove up ticket prices.
Meenu Batra, a single mother, was detained at a Texas airport in mid-March. She has worked as a courtroom interpreter in the U.S. for more than 20 years.
According to his attorney, Brian Hooker plans to return to the Bahamas as the search for his wife, Lynette Hooker, continues.
It was the fourth time Democrats in the Senate had forced a vote on the issue since the war began on Feb. 28.
House Democrats introduced articles of impeachment against Defense Secretary Pete Hegseth, claiming he has "demonstrated a willful disregard for the Constitution."
Nearly two years after Emeshyon Wilkins was shot and killed by a St. Louis police officer, Shaina Wilkins says she is still searching for answers and accountability.
President Trump has said the U.S. is in "armed conflict" with cartels in Latin America and has justified the attacks as a necessary escalation to stem the flow of drugs into the U.S.
Nearly two years after Emeshyon Wilkins was shot and killed by a St. Louis police officer, Shaina Wilkins says she is still searching for answers and accountability.
Supreme Court Justice Sonia Sotomayor apologized Wednesday for publicly criticizing Justice Brett Kavanaugh, comments she said were "hurtful" and "inappropriate."
The FDA meeting announcement follows repeated pledges by Health Secretary Robert F. Kennedy Jr. to loosen regulations on peptides, which are often pitched as a quick way to build muscle, heal injuries or appear younger.
Meenu Batra, a single mother, was detained at a Texas airport in mid-March. She has worked as a courtroom interpreter in the U.S. for more than 20 years.
With another round of U.S.-Iran peace talks on the horizon, investors are optimistic that the war will wind down.
The lawsuit involved dozens of states that alleged Live Nation undermined competition and drove up ticket prices.
President Trump would love to be finally rid of Fed Chair Jerome Powell. But firing him would kick up a legal firestorm and roil financial markets, experts said.
The sneaker maker is selling its footwear assets and rebranding as "NewBird AI," betting on booming demand for AI computing power.
Americans are receiving larger tax refunds this year due to the 2025 "big, beautiful bill," which enacted new tax deductions.
President Trump has said the U.S. is in "armed conflict" with cartels in Latin America and has justified the attacks as a necessary escalation to stem the flow of drugs into the U.S.
Director of National Intelligence Tulsi Gabbard has sent criminal referrals to the Justice Department related to a government watchdog and a whistleblower whose complaint helped trigger President Trump's first impeachment.
Supreme Court Justice Sonia Sotomayor apologized Wednesday for publicly criticizing Justice Brett Kavanaugh, comments she said were "hurtful" and "inappropriate."
The FDA meeting announcement follows repeated pledges by Health Secretary Robert F. Kennedy Jr. to loosen regulations on peptides, which are often pitched as a quick way to build muscle, heal injuries or appear younger.
The ultra-wealthy donor class is getting ready to pour tens of millions into the fall elections that will decide which party will control Congress.
The FDA meeting announcement follows repeated pledges by Health Secretary Robert F. Kennedy Jr. to loosen regulations on peptides, which are often pitched as a quick way to build muscle, heal injuries or appear younger.
Starting next year, about 18.5 million adults will be subject to new Medicaid work rules in 42 states and Washington, D.C. Some Republican-controlled states want to triple the required work period.
Dr. Thomas Shaknovsky, 44, was arrested Monday after a two-year investigation by local, state and medical authorities.
The Trump administration is ratcheting up attacks on environmental protections that Make America Healthy Again followers hold dear.
Seventy-three percent of Americans say delays and denials of medical treatment by healthcare insurers are a major problem. Now, a company called Sheer Health says they will fight insurance battles on behalf of their clients.
Hungary's politics have shifted definitively away from Russia and toward Europe, but quitting a cheap Russian energy habit could be painful.
Bita Hemmati is believed to be the first woman to be sentenced to death over the protests.
London police are looking for two people who threw bottles likely containing gasoline at a North London synagogue in what's being treating as an "antisemitic hate crime."
A Seoul court found Ramsey Khalid Ismael, a self-proclaimed online "troll" known as Johnny Somali, guilty of multiple charges.
Iran's Fars News Agency says a supertanker sailed through international waters and the Strait of Hormuz with its tracking system switched on, "without any concealment."
Controversial influencer Clavicular said he is home from the hospital after his livestream abruptly ended on Tuesday night. CBS News' Matt Gutman reports and The Free Press' River Page has more.
A jury on Wednesday found that Live Nation and Ticketmaster operated as an illegal monopoly over big concert venues. CBS News legal contributor Jessica Levinson breaks down the case.
Golden Globe-winning actor and comedian Ramy Youssef talks about his new comedy special, "Ramy Youssef: In Love," which tackles topics like AI and religion but through a "lens of love." He explains his inspiration and how he includes personal stories about his family and marriage.
After nearly a decade away from MMA, Ronda Rousey talks to "CBS Mornings" about her return and upcoming fight against another trailblazer, Gina Carano.
What started off as a simple way to promote music with some impromptu freestyling back in 2017 has turned into a critically acclaimed series showcasing artists big and small. Photojournalist Parrish Smith met the Washington, D.C., artist and crew behind the increasingly popular musical showcase "Front Porch Freestyles."
U.S. utility companies are planning to invest $1.4 trillion over the next five years to help strengthen the nation's power grid, according to a new report released Tuesday by the nonpartisan nonprofit consumer education organization PowerLines. CBS News MoneyWatch reporter Megan Cerullo has more details.
Lawmakers in Maine passed a temporary ban on new, large data centers in the state this week. If Gov. Janet Mills signs the legislation, the state will become the first to ban data centers. Daniel Kool, a cost-of-living reporter for the Portland Press Herald, joins CBS News to discuss.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Footwear company Allbirds announced Wednesday it will stop making fabric sneakers and become an artificial intelligence company, sending its stock price soaring by more than 600%. Yahoo Finance senior reporter Brooke DiPalma joins CBS News to discuss.
A new study found that a substantial amount of medical information provided by five popular artificial intelligence-driven chatbots is inaccurate and incomplete. One of the authors of the study, Nick Tiller joins "The Daily Report" to discuss.
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
Scientists have found evidence that a 300-million-year-old sea creature previously thought to be the world's oldest octopus is actually a nautilus relative.
Last month was the hottest March on record for the Lower 48 states, by the most for any month ever, federal data shows. And a forecast El Niño could heat Earth even more.
The emperor penguin has been declared an endangered species as climate change pushes the icon of Antarctica a step closer to extinction, the global authority on threatened wildlife says.
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
The men suspected of throwing homemade bombs into a crowd of New York City protesters in March pleaded not guilty to terrorism charges on Wednesday. CBS News' Anna Schecter has the latest.
The suspect accused of fatally shooting a 7-month-old Brooklyn girl is in court Wednesday for arraignment. CBS News New York's Christina Fan has the latest.
London police are looking for two people who threw bottles likely containing gasoline at a North London synagogue in what's being treating as an "antisemitic hate crime."
Seconds after a gunman opened fire at an Oklahoma high school, the school's principal was seen racing into the hallway, pushing the suspect onto a bench and holding him down.
A Seoul court found Ramsey Khalid Ismael, a self-proclaimed online "troll" known as Johnny Somali, guilty of multiple charges.
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
The Artemis II astronauts flew back to the Johnson Space Center in Houston Saturday to cheers and applause from family members and hundreds of NASA workers.
The Artemis II crew's nine-day moon mission set a record for the farthest any human has ever traveled from Earth. Here's a look at the key moments.
NASA's Artemis II astronauts returned to Earth with a splashdown landing in the Pacific Ocean after making a high-speed reentry through the atmosphere.
The development of the mission mascot and viral sensation Rise began over a year before Artemis II blasted off.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Emeshyon Wilkins was shot and killed by a St. Louis police officer nearly two years ago. His mother, Shaina, says she's still searching for answers and accountability.
Prince Harry and Meghan, the Duchess of Sussex, are facing some backlash in Australia over their visit to the continent. CBS News royal contributor Amanda Foreman joins "The Daily Report" to discuss.
U.S. utility companies are planning to invest $1.4 trillion over the next five years to help strengthen the nation's power grid, according to a new report released Tuesday by the nonpartisan nonprofit consumer education organization PowerLines. CBS News MoneyWatch reporter Megan Cerullo has more details.
Controversial influencer Clavicular said he is home from the hospital after his livestream abruptly ended on Tuesday night. CBS News' Matt Gutman reports and The Free Press' River Page has more.
President Trump said Wednesday that China has agreed not to send weapons to Iran. Phelim Kine, the China and Indo-Pacific Affairs correspondent at Politico, joins "The Daily Report" with more.