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.
A Nepali Army spokesperson said early Saturday that helicopter operations were on hold until weather conditions improved.
Amid an ongoing trade war between Canada and the United States, President Trump last week sought to rename Lake Ontario "Lake America" by executive order.
Milo Yiannopoulos, who is British, was accused of overstaying his visa after entering the country legally in May 2019.
As the war passes the six-month mark, neither side showed any sign of backing down.
The vessel, which was in international waters near Ecuador, was allegedly used as a floating refueling station for drug boats belonging to the Los Choneros organization.
The judge delivered a victory for Stanford University's student newspaper, which said some international students were afraid to speak out because of the deportation threat.
Ukrainian President Zelenskyy suggested warehouse near a residential area hit by a Russian strike was used to store ammunition.
The ruling marks a blow to the federal government's long-delayed effort to prosecute Khalid Sheikh Mohammed, who is accused of developing the plot to crash planes into the Pentagon and World Trade Center.
William Jewell running back MicahJo Barnett, a junior majoring in business administration, died Saturday, the school said.
William Jewell running back MicahJo Barnett, a junior majoring in business administration, died Saturday, the school said.
The judge delivered a victory for Stanford University's student newspaper, which said some international students were afraid to speak out because of the deportation threat.
Amid an ongoing trade war between Canada and the United States, President Trump last week sought to rename Lake Ontario "Lake America" by executive order.
Milo Yiannopoulos, who is British, was accused of overstaying his visa after entering the country legally in May 2019.
The ruling marks a blow to the federal government's long-delayed effort to prosecute Khalid Sheikh Mohammed, who is accused of developing the plot to crash planes into the Pentagon and World Trade Center.
President Trump announced a deal to grant the U.S. control of more than 60 billion barrels of proven Venezuelan oil reserves.
Juul plans to market the new device under the brand name Juul2, along with updated versions of its tobacco- and menthol-flavored cartridges.
Trading of sports event contracts on Kalshi constitutes gambling, appeals court rules in siding with Nevada officials.
New federal labor figures forecast the fastest-growing U.S. job sectors over the next decade.
David Booth, the founder of Dimensional Fund Advisors, says the key to investing — and life — is to stay calm in the face of uncertainty.
The judge delivered a victory for Stanford University's student newspaper, which said some international students were afraid to speak out because of the deportation threat.
Milo Yiannopoulos, who is British, was accused of overstaying his visa after entering the country legally in May 2019.
The ruling marks a blow to the federal government's long-delayed effort to prosecute Khalid Sheikh Mohammed, who is accused of developing the plot to crash planes into the Pentagon and World Trade Center.
He was placed on unpaid leave from his job at the White House after it was determined he used his position to make bets on what President Trump would say in speeches.
President Trump announced a deal to grant the U.S. control of more than 60 billion barrels of proven Venezuelan oil reserves.
Marc Gaudisosi thought his symptoms were caused by a sinus infection. Then an urgent care told him to go to the hospital.
Juul plans to market the new device under the brand name Juul2, along with updated versions of its tobacco- and menthol-flavored cartridges.
Caused by parasites spread via Anopheles mosquitoes, malaria can cause symptoms including nausea, headache and intense waves of fever and chills.
U.S. officials have confirmed cases of a parasitic illness tied to lettuce in three more states: Georgia, Tennessee and Texas.
Patients taking the first-of-a-kind pill, called daraxonrasib, lived for a median of 13.2 months compared with 6.7 months for chemotherapy recipients, studies showed.
Amid an ongoing trade war between Canada and the United States, President Trump last week sought to rename Lake Ontario "Lake America" by executive order.
Ecstasy pills shaped to look like President Trump contain a high concentration of the chemical PMMA, which could potentially be lethal, a Dutch institute said.
The vessel, which was in international waters near Ecuador, was allegedly used as a floating refueling station for drug boats belonging to the Los Choneros organization.
Ukrainian President Zelenskyy suggested warehouse near a residential area hit by a Russian strike was used to store ammunition.
A Nepali Army spokesperson said early Saturday that helicopter operations were on hold until weather conditions improved.
Rescue efforts in Nepal, high inflation six months after the Iran war started, plus Dolly Parton's Imagination Library brings books to young readers.
Dolly Parton's Imagination Library charity has brought books to thousands of small hands eager to read. Parents of children who were gifted books through the charity praise the late singer, emphasizing their gratefulness.
Amazon Books editorial director Sarah Gelman discusses some of the most hotly anticipated books of the fall.
Tonight, Nashville's Grand Ole Opry will remember Dolly Parton in a star-studded tribute. The beloved country singer was also celebrated for her humanitarian efforts, including her Imagination Library charity, which promoted literacy for young readers. The Dollywood Foundation president Jeff Conyers joined "CBS Saturday Morning" to speak on Dolly's generous soul.
Nashville based singer-songwriter and two-time Grammy nominee Maggie Rose is known for her genre-blending sound and extraordinary voice. Her new album "Half Moon" explores the thrill and uncertainty of new motherhood. Here's Maggie Rose with "Gentle Man."
Tech giant Meta settled a series of multistate social media addiction lawsuits, agreeing to pay out up to $17 billion. In addition, Meta will roll out some changes to its portfolio of social media apps, including Instagram, Facebook and others.
Employee attitudes toward AI are closely tied to their age and generational concerns, according to Glassdoor.
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.
Hospitals, technology firms and other companies could soon be at risk from AI-enabled cyberattacks, according to a new open letter from more than 100 signatories.
Microsoft founder and computer pioneer Bill Gates changed the world forever with his technological innovation. Now, Gates is warning that the development of artificial intelligence without strong oversight and regulation could threaten society as we know it. MIT professor Max Tegmark shares his concerns.
Marmots, not bears, are the largest "true" hibernating mammal, UCLA marmot researchers Katie Adler and Emily Renkey say. The two share more fun facts about these cute creatures and explain how to vote for the fattest marmot.
NASA's new telescope could change the way we see space. With a wide-field camera that will reveal an area up to 200 times larger than the Hubble Space Telescope, and an orbit a million miles from Earth, the Nancy Grace Roman telescope is expected to find tens of thousands of unknown exoplanets.
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.
Attorneys finalized jury instructions with the judge Friday after witness testimony wrapped Thursday in the trial of Duane Davis, also known as "Keefe D," who's accused of orchestrating the drive-by shooting that killed Tupac Shakur in 1996. Davis has denied the allegations. CBS News' Katrina Kaufman has more.
The jury in the trial of Lindsay Clancy, the woman accused of murdering her three young children, is still deliberating on whether to accept her postpartum psychosis defense. Shanelle Kaul reports and Caroline Polisi provides legal analysis.
British right-wing political commentator Milo Yiannopoulos, who supported President Trump's agenda, is being held by ICE for allegedly overstaying his visa. Nancy Cordes has the details.
Jurors went home for the weekend Friday with deliberations set to resume Monday morning in the trial of Lindsay Clancy. Clancy has admitted to killing her three young children, but is arguing she was suffering from postpartum psychosis. CBS News' Shanelle Kaul has more.
The jury in the Lindsay Clancy murder trial went home Friday after asking questions about Clancy's medication and the knife used in her suicide attempt. CBS News correspondent Shanelle Kaul reports.
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
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.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
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.
Val and Carolyn Cantú reimagine Mexican cuisine at San Francisco restaurant Californios, which has earned three Michelin stars for its 12-course tasting menu.
Rescue efforts in Nepal, high inflation six months after the Iran war started, plus Dolly Parton's Imagination Library brings books to young readers.
Haitian-born designer Pierre Laborde can't make his popular bags fast enough to keep up with intense demand. Eager shoppers queue outside of a weekly market in New York City to try to buy one of his bags.
Dolly Parton's Imagination Library charity has brought books to thousands of small hands eager to read. Parents of children who were gifted books through the charity praise the late singer, emphasizing their gratefulness.
Amazon Books editorial director Sarah Gelman discusses some of the most hotly anticipated books of the fall.