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 U.S. announces new strikes on Iran just hours after a 4th consecutive nighttime barrage, as the war ramps back up over control of the Strait of Hormuz.
Acting Attorney General Todd Blanche testified Wednesday before the Senate Judiciary Committee for his confirmation hearing to lead the Justice Department in a permanent capacity.
Lawmakers are one step closer to making daylight saving time permanent after the House passed a bill with overwhelming support.
Neither of the victims of the ICE shootings in Maine or Texas were the target of enforcement operations, according to the Department of Homeland Security.
A man whose mother and stepfather are imprisoned in Iran tells CBS News "the hardest part is the uncertainty."
Clayton, currently the U.S. attorney for the Southern District of New York, is expected to succeed Bill Pulte, Trump's controversial acting director of national intelligence.
The World Cup semifinal between England and Argentina is a grudge match that will reopen decades-old wounds for both countries.
Ukraine's president is shaking up his government just as observers note positive changes in the trajectory of the war with Russia.
Pompano Beach resident Nancy Dello Stritto, who is almost 77 years old, opened her mail to find a license plate reading "SQZ A55."
Cristian Yepes was on his first week with the NYPD's elite Emergency Service Unit when he helped rescue a woman on the Brooklyn Bridge.
New law aims to address how businesses and consumers should transact amid the phase-out of the penny.
"It is a moot issue, meaning there is no weaponization fund. The weaponization fund is dead," Blanche told lawmakers on the Senate Judiciary Committee.
A three-week-old male harbor seal is in critical but stable condition and undergoing treatment at a Washington state wildlife center.
Lawmakers are one step closer to making daylight saving time permanent after the House passed a bill with overwhelming support.
New law aims to address how businesses and consumers should transact amid the phase-out of the penny.
Erroneous labels on some Subaru Crosstrek, Forester and Ascent cars could increase the risk of a crash, NHTSA said.
It's the latest effort by President Trump to make his mark on Washington, D.C.
A group of 26 Meta employees has sued the company, claiming it used AI to choose people for layoffs, disproportionately targeting those on medical, parental or family leave.
The scheme begins with fake fraud alerts before shifting to a FaceTime call, where victims are tricked into exposing sensitive banking information.
"It is a moot issue, meaning there is no weaponization fund. The weaponization fund is dead," Blanche told lawmakers on the Senate Judiciary Committee.
Lawmakers are one step closer to making daylight saving time permanent after the House passed a bill with overwhelming support.
It's the latest effort by President Trump to make his mark on Washington, D.C.
Clayton, currently the U.S. attorney for the Southern District of New York, is expected to succeed Bill Pulte, Trump's controversial acting director of national intelligence.
Acting Attorney General Todd Blanche testified Wednesday before the Senate Judiciary Committee for his confirmation hearing to lead the Justice Department in a permanent capacity.
"Healthful with Norah O'Donnell" launches July 22.
A blood test may predict if apparently healthy older adults are likely to develop Alzheimer's symptoms in the next five or 10 years, researchers say.
As of Tuesday, nearly 7,000 people in 34 states reported symptoms tied to a parasitic illness that, so far, has no official source. Carter Evans reports on what's suspected of being behind the cyclosporiasis outbreak.
Officials are still searching for the source of the outbreak, prompting consumers to seek advice on social media about which foods to avoid.
Capt. Chesley "Sully" Sullenberger, who famously landed a passenger jet on the Hudson River in 2009, said he has been diagnosed with Alzheimer's disease.
A man whose mother and stepfather are imprisoned in Iran tells CBS News "the hardest part is the uncertainty."
Ukraine's president is shaking up his government just as observers note positive changes in the trajectory of the war with Russia.
The World Cup semifinal between England and Argentina is a grudge match that will reopen decades-old wounds for both countries.
The U.S. announces new strikes on Iran just hours after a fourth consecutive nighttime barrage, as the war ramps back up over control of the Strait of Hormuz.
An anti-corruption probe in Iraq leads to seizure of 825 pounds of gold and tens of millions in cash from lawmakers and government officials.
Author and journalist Stephen Dubner, who rose to fame when he co-wrote The New York Times bestseller "Freakonomics," talks with "CBS Mornings" about launching his own weekly talk show on YouTube, "Better in Person." Dubner discusses how the show got its start, his wide range of guests and why he decided to self-finance it.
The Paramount+ documentary "The Real Wolf of Wall Street" gives an inside look at Jordan Belfort's scandal-ridden firm, Stratton Oakmont.
"The Real Wolf of Wall Street," a new documentary from See It Now Studios on Paramount+, focuses on the real-life story of infamous stockbroker Jordan Belfort and his brokerage firm Stratton Oakmont. Howie Gelfand, a former partner at Stratton Oakmont, explains why he decided to be part of the documentary and how the 2013 film, "The Wolf of Wall Street," starring Leonardo DiCaprio, got the real story wrong.
Alan Ritchson talks about starring in "Motor City," which has nearly no dialogue, how his process was different and why he thinks it will resonate with audiences.
A coalition of a dozen states on Monday sued to block Paramount Skydance's acquisition of Warner Bros. Discovery, posing a new challenge to the $110 billion deal that would unite two of the nation's largest media companies. Paramount Skydance is the parent company of CBS News. CBS News' Jo Ling Kent reports.
There's growing backlash nationwide against AI data centers and now New York is hitting pause. Gov. Kathy Hochul signed an executive order to delay the building boom. Kelly O'Grady has more.
A group of 26 Meta employees has sued the company, claiming it used AI to choose people for layoffs, disproportionately targeting those on medical, parental or family leave.
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.
Utility companies requested $9.2 billion worth of rate increases in the second quarter of 2026, potentially impacting over 56 million Americans, according to a new report from PowerLines. Former Michigan utility commissioner Tremaine Phillips joins CBS News to discuss.
The scheme begins with fake fraud alerts before shifting to a FaceTime call, where victims are tricked into exposing sensitive banking information.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The name "White-chested Fox" was found in drawings dating from 400 BC to 900 AD at the San Bartolo-Xultun archaeological site.
The Pentagon on Friday released a new batch of UFO files, spanning 19 videos and more. Jordan Flowers, executive director of the Disclosure Foundation, joins CBS News to discuss.
The Defense Department released a fourth batch of UFO files on Friday, nearly one month after its third drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
Archaeologists have discovered eight human skeletons, bronze and gold jewelry and other artifacts indicating a ceremonial burial of wealthy people.
Lawmakers pressed Acting Attorney General Todd Blanche on a slew of issues during the first part of his confirmation hearing to lead the Justice Department. CBS News' Caitlin Huey-Burns breaks down the key moments, which included questions about the Epstein files and the proposed "anti-weaponization" fund.
New Mexico Democratic Sen. Martin Heinrich questioned President Trump's nominee to be director of national intelligence, Jay Clayton, during a Senate panel confirmation hearing about the release of Jeffrey Epstein victims' personal information when he worked as U.S. Attorney for the Southern District of New York.
Georgia Democratic Sen. Jon Ossoff questioned President Trump's nominee for director of national intelligence, Jay Clayton, about who he believed won the 2020 presidential election. Ossoff also brought up Tulsi Gabbard's highly scrutinized presence at an FBI raid on an elections office in Fulton County, Georgia. Also, Democratic Sen. Mark Warner of Virginia, the vice chairman of the Senate Intelligence Committee, scolded Clayton for not being prepared to answer questions about Gabbard.
Jay Clayton, President Trump's pick to be director of national intelligence, faced questions about subpoenas issued to journalists regarding an apparent national security matter. Oregon Democratic Sen. Ron Wyden pressed Clayton for more details on the process before the subpoenas were sent.
Acting Attorney General Todd Blanche is facing a panel of senators for his confirmation process to lead the Justice Department permanently. Blanche refused to commit to meeting with Epstein survivors after Sen. Dick Durbin of Illinois, the top Democrat on the Judiciary Committee, pressed him on the Epstein investigation and the department's role in transparency regarding records.
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
The orbital surgery on the International Space Station returned the Canadian-built robot arm to full health after its "wrist" joint failed last month.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
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.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
A young mother disappears. Investigators say her husband contacted spellcasters to put a hex on his wife so she wouldn’t leave him. "48 Hours" contributor Jonathan Vigliotti reports Saturday, July 22 at 10/9c on CBS and Paramount+.
Lawmakers pressed Acting Attorney General Todd Blanche on a slew of issues during the first part of his confirmation hearing to lead the Justice Department. CBS News' Caitlin Huey-Burns breaks down the key moments, which included questions about the Epstein files and the proposed "anti-weaponization" fund.
New Mexico Democratic Sen. Martin Heinrich questioned President Trump's nominee to be director of national intelligence, Jay Clayton, during a Senate panel confirmation hearing about the release of Jeffrey Epstein victims' personal information when he worked as U.S. Attorney for the Southern District of New York.
Georgia Democratic Sen. Jon Ossoff questioned President Trump's nominee for director of national intelligence, Jay Clayton, about who he believed won the 2020 presidential election. Ossoff also brought up Tulsi Gabbard's highly scrutinized presence at an FBI raid on an elections office in Fulton County, Georgia. Also, Democratic Sen. Mark Warner of Virginia, the vice chairman of the Senate Intelligence Committee, scolded Clayton for not being prepared to answer questions about Gabbard.
Jay Clayton, President Trump's pick to be director of national intelligence, faced questions about subpoenas issued to journalists regarding an apparent national security matter. Oregon Democratic Sen. Ron Wyden pressed Clayton for more details on the process before the subpoenas were sent.