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.
Watch CBS News
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 U.S. and Canada have wrangled for decades over trade, and somehow, they still managed to remain friends, allies and trading partners.
U.S. Army Secretary Dan Driscoll is considering stepping down from his post by the end of the year, two people familiar with the matter told CBS News Saturday.
Two human records were smashed by robots competing in the Olympics-like World Humanoid Robot Games in China.
The new head of Iran's supreme national security council issued the warning to countries who join the U.S.'s economic war on Tehran.
The decision comes after both prosecutors and Anthony's new defense team revealed more details in a tense two-day hearing.
Hawaii is still cleaning up from Hurricane Lala, which dumped massive amounts of rain on the islands.
After Ukraine's fired defense minister publicly called for wartime elections, Zelenskyy said it would risk splitting the country.
Several days of powerful storms walloped northwest Indiana, killing at least seven people and displacing about 1,000. The storms brought record rainfall that flooded several communities.
Olympian Jenny Simpson said she won't be able to run again after being diagnosed with a rare heart condition earlier this year.
U.S. Army Secretary Dan Driscoll is considering stepping down from his post by the end of the year, two people familiar with the matter told CBS News Saturday.
A trail of clues — including an oil leak, security video and data from a truck's onboard computer — lead S.C. investigators to a jealous man suspected of running down a romantic rival.
Several days of powerful storms walloped northwest Indiana, killing at least seven people and displacing about 1,000. The storms brought record rainfall that flooded several communities.
Hawaii is still cleaning up from Hurricane Lala, which dumped massive amounts of rain on the islands.
The Buffalo Bills expressed their condolences to defensive tackle Ed Oliver on the death of his 2-year-old son.
The U.S. and Canada have wrangled for decades over trade, and somehow, they still managed to remain friends, allies and trading partners.
Walmart will let shoppers use tap-to-pay methods, including Apple Pay and Google Pay, beginning later this month.
The Justice Department sued TikTok in 2024, alleging that it violated a U.S. law prohibiting the collection of kids' data.
Cash drop social media accounts have people racing to find money hidden across the country. Here's what's behind the viral videos.
Consumer advocates are urging the FTC to examine whether AI developers are hurting competition and reducing public access to source material.
U.S. Army Secretary Dan Driscoll is considering stepping down from his post by the end of the year, two people familiar with the matter told CBS News Saturday.
Former U.S. Sen. Nancy Kassebaum Baker of Kansas was the first woman elected to the U.S. Senate without following a spouse into office.
The U.S. and Canada have wrangled for decades over trade, and somehow, they still managed to remain friends, allies and trading partners.
The Central African Republic is one of more than 30 countries the U.S. government has convinced to accept third-country deportees arrested as part of President Trump's large-scale crackdown on illegal immigration.
President Trump's legal team is threatening to sue left-leaning think tank Center for American Progress for defamation over a report it issued that found "no evidence that National Guard deployments have reduced violent crime."
Retired Olympic runner Jenny Simpson earned a slew of accolades for her performances in three Olympic Games — but two months ago, she nearly died after suffering a cardiac event. Simpson spoke with Errol Barnett about her diagnosis of arrhythmogenic right ventricular cardiomyopathy, the rare ailment she'd unknowingly carried for four decades.
Alayna Riozzi-Bodine was diagnosed with Hodgkin's lymphoma the summer before her senior year of high school.
An outbreak of E. coli and salmonella that has sickened dozens of people across 15 states has been linked to an alfalfa grower in Minnesota, federal health officials said Friday.
Olympian Jenny Simpson said she won't be able to run again after being diagnosed with a rare heart condition earlier this year.
As the trial of Lindsay Clancy brings renewed attention to postpartum psychosis, Haley Ashcom shares her experience with the dangerous condition.
After Ukraine's fired defense minister publicly called for wartime elections, Zelenskyy said it would risk splitting the country.
Two human records were smashed by robots competing in the Olympics-like World Humanoid Robot Games in China.
The wildfires burning across Europe this summer have revealed World War I and II ordnance lurking beneath the blackened landscape.
The attacks come a day after a two-wave drone strike on a shopping mall in Zelenskyy's hometown killed 16 people.
The Central African Republic is one of more than 30 countries the U.S. government has convinced to accept third-country deportees arrested as part of President Trump's large-scale crackdown on illegal immigration.
U.S.-Canada tariff deal falls through, NYC cracks down on wage theft, plus Grace Potter is back. All this and more on "CBS Saturday Morning."
Four-time Grammy nominee Grace Potter returns to "CBS Saturday Morning" to jam out. Her seventh album, "Trespasser," is inspired by road trips from her California home to her native Vermont. Here's Grace Potter with "Run Baby Run."
Four-time Grammy nominee Grace Potter returns to "CBS Saturday Morning" to jam out. Her seventh album, "Trespasser," is inspired by road trips from her California home to her native Vermont. Here's Grace Potter with "Main Street USA."
Four-time Grammy nominee Grace Potter returns to "CBS Saturday Morning" to jam out. Her seventh album, "Trespasser," is inspired by road trips from her California home to her native Vermont. Here's Grace Potter with "Love Me Not."
Iconic film props and other movie memorabilia from classic Hollywood flicks are up for auction. Kris Van Cleave has more.
Lawmakers and lobbyists are now using artificial intelligence to draft bills, but it turns out AI is currently terrible at the technicalities of federal law and regulations. Politico Congress tech reporter Owen Dahlkamp joins to discuss his recent article on the topic.
Walmart will let shoppers use tap-to-pay methods, including Apple Pay and Google Pay, beginning later this month.
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.
The Justice Department sued TikTok in 2024, alleging that it violated a U.S. law prohibiting the collection of kids' data.
Consumer advocates are urging the FTC to examine whether AI developers are hurting competition and reducing public access to source material.
The Great Smoky Mountains National Park told visitors Tuesday that invasive Joro spiders "may be hanging in a web near you."
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
July was the hottest month ever in the Lower 48 States, breaking a record last set during the Dust Bowl – just another step in the escalation of our world into a hotter, more dangerous planet. Correspondent Jonathan Vigliotti talks with climate journalist Jeff Goodell and atmospheric scientist Maria Molina about how changes in Earth's climate are increasing the likelihood that extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
A total solar eclipse was visible in parts of Europe for the first time since 1912. Rob Marciano reports.
A total solar eclipse turned day into night across a slice of Europe and North America on Wednesday, and put millions in unique contact with the heavens above. Meteorologist Rob Marciano reports from Spain.
A trail of clues — including an oil leak, security video and data from a truck's onboard computer — lead S.C. investigators to a jealous man suspected of running down a romantic rival.
A Houston Uber driver found himself involved in police activity after two officers jumped into his vehicle in pursuit of a suspect. Lana Zak has the story.
Karmelo Anthony's murder conviction and 35-year prison sentence are staying in place after a Texas judge denied his request for a new trial.
A landmark trial which accuses tech giant Meta of harming children through addictive social media products is underway in Oakland. Kenny Choi has the details.
The Economic Policy Institute estimates that workers lose more than $50 billion a year to wage theft. New York City is cracking down on the crime and other abuses of low-income workers.
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
The newly discovered object looks like a star the size of our solar system, but produces 100 billion times more energy than any star.
The only total solar eclipse of 2026 crossed the Northern Hemisphere Wednesday, with a path of totality across parts of Greenland, Iceland and northern Spain. See photos and video from the best viewing locations.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
A romance is cut short when a man is found dead near his mangled car. His newfound love is convinced it was no accident. "48 Hours" correspondent Anne-Marie Green reports.
Brian Unger tells the story of a Georgia retiree who built a second career crafting tables for families in need.
A new $7.5 billion border wall construction project in Big Bend, Texas, is drawing bipartisan outrage in the community. Nicole Sganga has more.
A Houston Uber driver found himself involved in police activity after two officers jumped into his vehicle in pursuit of a suspect. Lana Zak has the story.
Karmelo Anthony's murder conviction and 35-year prison sentence are staying in place after a Texas judge denied his request for a new trial.