Purdue Pharma wins approval for nearly $7.5 billion settlement in bankruptcy case
Purdue Pharma won approval for a nearly $7.5 billion settlement in its long-running bankruptcy case.
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Purdue Pharma won approval for a nearly $7.5 billion settlement in its long-running bankruptcy case.
More states, territories and Washington, D.C., have signed on to a settlement with drugmaker Purdue Pharma and the Sackler family over the opioid crisis, officials said.
The epidemic has been a widespread crisis for decades, impacting millions of families. Letitia James believes a single family is largely responsible for causing it. CBS News New York's Doug Williams has the story.
The Sackler family will pay the vast majority of the settlement — a total of $6.5 billion over 15 years.
An OxyContin advertiser will pay a $350 million settlement for its alleged role in the opioid crisis.
Purdue Pharma, the maker of OxyContin, filed for Chapter 11 bankruptcy protection in September 2019 after it faced scores of lawsuits related to the opioid crisis.
The U.S. Supreme Court will hear oral arguments Monday about the legality of a $6 billion bankruptcy agreement for Purdue Pharma, the manufacturer of OxyContin. While many families of victims support the deal, which would fulfill financial settlements, it would shield the powerful Sackler family from thousands of potential lawsuits. CBS News' Jan Crawford reports.
Looking overseas, there is wide opposition to the idea of taking Greenland by force.
The Phoenix Suns beat the slumping New York Knicks 106-99 on Saturday night.
The Carolina Hurricanes beat the New Jersey Devils 4-1 on Saturday night.
Moderate to heavy snow is falling in New York City and across the Tri-State Area on Sunday.
Since October, WestJet had added an extra row of seats to nearly two dozen aircraft.
Moderate to heavy snow is falling in New York City and across the Tri-State Area on Sunday.
John Harbaugh, the 63-year-old former head coach of the Baltimore Ravens, agreed to a five-year contract to coach Big Blue.
Shimamura most recently served as the City Department of Parks and Recreation's Manhattan borough commissioner, Mamdani said.
The New York City Fire Department spent hours battling a raging fire above a tire shop in Queens early Saturday.
A Brooklyn church is demanding answers after they say one of their leaders was detained by ICE agents this week.
Moderate to heavy snow is falling in New York City and across the Tri-State Area on Sunday.
David Grullon Jr. killed a 34-year-old Connecticut man after he fired a gun and the bullet went through the wall.
The first of this weekend's two rounds of snow blanketed the Tri-State Area on Saturday.
Two men posing as Amazon delivery workers held a Connecticut homeowner at gunpoint while robbing him and his wife, police said.
Wednesday night, things begin to change. Showers linger, and areas well north and west may pick up some light snow.
Moderate to heavy snow is falling in New York City and across the Tri-State Area on Sunday.
John Harbaugh, the 63-year-old former head coach of the Baltimore Ravens, agreed to a five-year contract to coach Big Blue.
New Jersey officials are warning residents to be careful after a resident reported their small dog was possibly attacked by a coyote.
The first of this weekend's two rounds of snow blanketed the Tri-State Area on Saturday.
A data company is finding that some Airbnb hosts in New Jersey are charging a lot for the time period around upcoming World Cup matches.
Moderate to heavy snow is falling in New York City and across the Tri-State Area on Sunday.
A Long Island nurse was seen on a nanny camera hitting a non-verbal child that he was caring for, leaving bruises on the boy's body.
The first of this weekend's two rounds of snow blanketed the Tri-State Area on Saturday.
A federal judge ruled the Empire Wind project can move forward while he considers the merits of the Trump administration's order to suspend it.
Hochul said she would commit $1.7 billion in the next budget to expand child care in New York in her 2026 state of the state address.
Looking overseas, there is wide opposition to the idea of taking Greenland by force.
Shimamura most recently served as the City Department of Parks and Recreation's Manhattan borough commissioner, Mamdani said.
Mr. Trump previously threatened to impose tariffs against countries that do not support his plans to acquire the territory.
New York City Council Speaker Julie Menin announced a five-point plan to combat hate crimes against Jewish New Yorkers.
New York City Comptroller Mark Levine said NYC faces a budget shortfall of $2.2 billion this fiscal year, and $10.4 billion in FY2027.
Negotiators for major New York City hospitals and the state nurses union returned to the bargaining table as the city's largest nurses strike enters a fifth day.
Nurses continue to hold the picket line as the largest nurses' strike in New York City history is on its third day with no end in sight.
Nurses say health care benefits and workplace safety are their main reasons for striking, and are refusing to go back to work until their demands are met.
Loved ones of patients at hospitals in New York City are concerned about care as nurses continue to strike due to failed contract negotiations on Monday.
The New York State Nurses Association said it called for the strike as negotiations stalled with the city's wealthiest hospitals.
Kianna Underwood, a former Nickelodeon child actress, was identified as the woman killed in a hit-and-run in Brooklyn.
John Forté, the Grammy-nominated musician known for his work with the Fugees, was found dead in his home in Massachusetts.
The 2026 Golden Globes honored the standouts in both film and television from last year. See the full list of winners and nominees.
Here is everything you need to know about how to watch and stream the 2026 Golden Globes.
Bob Weir wrote or co-wrote and sang lead vocals on Grateful Dead classics including "Sugar Magnolia," "One More Saturday Night" and "Mexicali Blues."
The Phoenix Suns beat the slumping New York Knicks 106-99 on Saturday night.
The Carolina Hurricanes beat the New Jersey Devils 4-1 on Saturday night.
Adam Klapka had a goal and an assist as the Calgary Flames beat the New York Islanders 4-2 on Saturday.
Mika Zibanejad became the Rangers' all-time leader in power-play goals in New York's 6-3 win over Philadelphia.
John Harbaugh, the 63-year-old former head coach of the Baltimore Ravens, agreed to a five-year contract to coach Big Blue.
A group in Queens has banded together to revive landlines and give their children a simpler way to socialize.
A city-approved plan to rezone a stretch of Atlantic Avenue is expected to bring thousands of new apartments to Brooklyn, but tenant advocates say the deal falls short for lower-income residents and could accelerate displacement.
A three-year pilot run by the Brooklyn Justice Initiative and the Mayor's Office of Criminal Justice aims to improve court compliance and reduce recidivism by meeting participants where they live.
Harlem native Teyana Taylor wins her first major acting honor at the 83rd Golden Globes Awards for her performance in Paul Thomas Anderson's "One Battle After Another." Locals say it's a win for the whole neighborhood.
Legislation would protect and expand hunger programs and improve benefit security as New York pantries see rising demand.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
1,500 active-duty soldiers are on standby in Alaska for possible deployment to Minneapolis, a U.S. defense official told CBS News. Cristian Benavides reports.
Police released a photo of the person they're looking for after the vehicle idling near 44th Drive and 23rd Street in Hunters Point was stolen.
The NYPD said officers found Elquan Tillman with multiple gunshot wounds on Stockton Street in Brooklyn.
CBS News New York's Noëlle Lilley is in the First Alert Weather Tracker with a look at the conditions on Manhattan's West Side.
John Elliott has the Tri-State Area's updated Sunday morning First Alert Forecast on CBS News New York.
