Maker of OxyContin set to dissolve after judge approves criminal sentence
Purdue Pharma, the maker of OxyContin, is set to be dissolved as a massive legal settlement resolving thousands of lawsuits takes effect.
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Purdue Pharma, the maker of OxyContin, is set to be dissolved as a massive legal settlement resolving thousands of lawsuits takes effect.
The $7.4 billion settlement with Purdue Pharma was approved by a federal judge. Now local governments will vote on whether to sign onto the deal. The maker of OxyContin is accused of fueling the country's opioid overdose epidemic. Dr. Celine Gounder joins to discuss.
Five governors met with Canadian leaders in Boston amid tariff uncertainty. Massachusetts Democratic Gov. Maura Healey joins "The Takeout" with more.
A federal bankruptcy judge will soon decide whether to approve a nearly $7.4 billion settlement involving Purdue Pharma, which made the pain medication OxyContin. Scott MacFarlane looks at the potential impact of what would be a landmark deal.
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.
Walgreens has agreed to pay the government $300 million to settle claims that it unlawfully filled millions of invalid prescriptions.
Here's why people alleging Purdue Pharma's opioids harmed them may not see much of the proposed $7.4 billion settlement in a bankruptcy case
Pharmaceutical companies accused of fueling the nation's opioid crisis are paying state and local governments billions of dollars in legal settlements. But how much are victims getting?
Purdue Pharma provided the following statement for 60 Minutes' report Sunday, "The Settlement."
Here's why people alleging Purdue Pharma's opioids harmed them may not see much of the proposed $7.4 billion settlement in a bankruptcy case.
Opioid victims are not getting a "fair shake" in potential $7.4 billion settlement, a claimant in the Purdue Pharmacy bankruptcy case says.
The Sackler family will pay the vast majority of the settlement — a total of $6.5 billion over 15 years.
In two rulings released Thursday, the Supreme Court has blocked both the EPA good neighbor rule meant to fight air pollution and Purdue Pharma's bankruptcy plan that would've broadly protected the Sackler family from civil lawsuits related to their role in the opioid epidemic. Former federal prosecutor Scott Fredericksen joined CBS News to discuss the decisions.
The Supreme Court is set to issue decisions in the coming weeks in more than a dozen cases involving issues like abortion, guns and sweeping immunity for former President Donald Trump.
Appearing before a Senate committee Thursday, the CEOs of Johnson and Johnson, Merck and Bristol Myers Squibb answered questions as to why the price of their drugs are three times higher in the U.S. than in 33 other wealthy countries. Scott MacFarlane has more.
The Supreme Court heard arguments Monday in a case over a settlement for victims of the opioid crisis. Approving the settlement would mean shielding the Sackler family, the former owners of Purdue Pharma, from future lawsuits. Jan Crawford reports.
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.
A multibillion-dollar bankruptcy settlement with the maker of Oxycontin will be challenged Monday at the Supreme Court. Justices are weighing whether the wealthy Sackler family, which owned Purdue Pharma, can evade lawsuits over the company's powerful painkillers linked to hundreds of thousands of deaths. CBS News chief legal correspondent Jan Crawford reports.
The Supreme Court returned for its new term on Monday with several potentially major cases ahead. Jimmy Hoover, Supreme Court reporter at the National Law Journal, joins CBS News to take a look at some of the most important and controversial cases on the docket.
The Supreme Court put a settlement by Purdue Pharma on hold Friday. The settlement would have shielded the Sackler family, the clan behind the company and its alleged role in the opioid crisis, from future civil litigation. Jeff Glor has more.
The Supreme Court has temporarily blocked a Purdue Pharma settlement that would shield the Sackler family from civil lawsuits related to the opioid crisis. Author Barry Meier, who wrote the book "Pain Killer" about the Sacklers and Purdue Pharma, weighs in on the settlement.
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One of the largest suppliers of OxyContin said this weekend it will no longer promote the powerful painkiller to doctors. CBS News' Nikki Battiste reports on the opioid market shakeup.
"Abusers aren't victims; they are the victimizers," member of family that owns the maker of OxyContin wrote in 2001
President Trump said Friday that Iran must agree to never have a nuclear weapon and to reopen the Strait or Hormuz immediately, without tolls.
A judge blocked the Kennedy Center from closing its doors during renovations, and ruled that its board acted unlawfully by adding President Trump's name to the building. The president reacted by saying he wants Congress to take it over.
A judge signaled she may reopen a case between President Trump and his own government that led the DOJ to create a $1.776 billion "anti-weaponization fund," ordering the president's lawyers to respond to allegations of "deception" and "fraud."
Jill Biden said she supported Joe Biden's decision to pardon their son, Hunter, because they couldn't let him go to jail under President Trump.
When Trump visited China earlier this month, Chinese President Xi Jinping warned him that Taiwan could become a "very dangerous situation" if mishandled.
The head of the U.S. military's Southern Command met Friday with top Cuban military officials at the edge of Guantanamo Bay, a rare meeting as President Trump heaps pressure on Cuba and does not rule out military action.
Ukrainian President Volodymyr Zelenskyy said Ukraine has received intelligence indicating Russia will launch an assault involving drones and missiles.
The five deaths came in vehicles that were struck by the bus when it did not slow down for traffic, Virginia State Police said.
Most artists announced for the Freedom 250 concert series in Washington, D.C., this summer, say they won't be performing.
When Trump visited China earlier this month, Chinese President Xi Jinping warned him that Taiwan could become a "very dangerous situation" if mishandled.
Consumers have kept the economy chugging along despite financial pressures. But some signs suggest they could be losing steam, experts say.
Jose Yugar-Cruz, who had been granted protection from deportation to his home country in South America, has been temporarily released from ICE custody.
Experts point to several factors, from tariffs to weather, behind the rapid price increase in the humble tomato.
A judge blocked the Kennedy Center from closing its doors during renovations, and ruled that its board acted unlawfully by adding President Trump's name to the building. The president reacted by saying he wants Congress to take it over.
Consumers have kept the economy chugging along despite financial pressures. But some signs suggest they could be losing steam, experts say.
Experts point to several factors, from tariffs to weather, behind the rapid price increase in the humble tomato.
Southwest is walking back some recent changes in its policies for passengers who require a second seat.
The rush to build thousands of U.S. data centers is driving demand for some workers, though economists project fewer permanent jobs.
The department said it is preparing for the banknote in response to legislation proposed last year.
Jill Biden said she supported Joe Biden's decision to pardon their son, Hunter, because they couldn't let him go to jail under President Trump.
When Trump visited China earlier this month, Chinese President Xi Jinping warned him that Taiwan could become a "very dangerous situation" if mishandled.
A judge signaled she may reopen a case between President Trump and his own government that led the DOJ to create a $1.776 billion "anti-weaponization fund," ordering the president's lawyers to respond to allegations of "deception" and "fraud."
The head of the U.S. military's Southern Command met Friday with top Cuban military officials at the edge of Guantanamo Bay, a rare meeting as President Trump heaps pressure on Cuba and does not rule out military action.
A judge blocked the Kennedy Center from closing its doors during renovations, and ruled that its board acted unlawfully by adding President Trump's name to the building. The president reacted by saying he wants Congress to take it over.
U.S. government plans to open a quarantine center for Americans exposed to Ebola on an air base in Kenya have been temporarily halted by a court order.
Infectious disease specialists say the viruses are unlikely to become pandemics, but some are still raising concerns about the federal health response.
The Trump administration announced plans to set up an Ebola quarantine and treatment center in Kenya for Americans exposed to the deadly virus overseas. Secretary of State Marco Rubio is now saying no Ebola patients will be allowed into the U.S. Mark Strassmann reports.
In the 1800s, Hartford, Connecticut, picked up the nickname, "The Insurance Capital of the World." Tony Dokoupil visits the city to ask people about rising insurance and healthcare costs.
Uganda on Wednesday ordered the closure of its border with Congo, where suspected cases of a rare type of Ebola are surging.
When Trump visited China earlier this month, Chinese President Xi Jinping warned him that Taiwan could become a "very dangerous situation" if mishandled.
The head of the U.S. military's Southern Command met Friday with top Cuban military officials at the edge of Guantanamo Bay, a rare meeting as President Trump heaps pressure on Cuba and does not rule out military action.
Ukrainian President Volodymyr Zelenskyy said Ukraine has received intelligence indicating Russia will launch an assault involving drones and missiles.
Police in Canada and around the world have been investigating more than 100 suicides linked to Kenneth Law.
One Laos gold miner was brought out of a flooded cave in a perilous two-hour operation where monsoon rains have trapped a group for over a week.
A new movie titled "Dreams of Violets," with images fully generated by artificial intelligence, is set to premiere next month. Jo Ling Kent reports on the film made with no lights, no cameras and no actors.
Musician Wyclef Jean is on a journey to release 7 albums as part of a single project titled "Quantum Leap." Jean joined CBS News with more details.
Grammy Award-winning artist Wyclef Jean released a new single, "Mr. October," from his new album "Clef Notes," which comes out June 26. The album is the first installment of this seven-album project "Quantum Leap." Jean joins to discuss why he plans to release seven albums in one year and the story behind his new single.
AI-powered shopping app Phia, founded by Bill and Melinda French Gates' daughter Phoebe Gates and Sophia Kianni, announced dozens of celebrity investors. Gates and Kianni share how they started the app and what's next.
Shrey Parikh, a 14-year-old eighth grader from Rancho Cucamonga, California, won the 98th annual Scripps National Spelling Bee. Lilia Luciano reports.
Last week, President Trump was expected to sign an executive order on artificial intelligence, but abruptly postponed the event. Politico White House reporter Diana Nerozzi joins to examine what happened.
Dating apps are matching up with artificial intelligence as romance-seekers demand new ways to find love. Venture capitalist Matt Shumer joins "CBS Mornings" with more details.
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.
Pope Leo has released the first encyclical of his papacy, focusing on humanity and, in part, warning of the risks posed by the growing use of artificial intelligence. The message comes amid growing dissent among young people over AI. Nicholas Thompson, CEO of The Atlantic, joins to discuss.
A Google employee has been arrested for allegedly using insider information to make $1 million on Polymarket. Dustin Gouker, publisher of the Event Horizon newsletter on prediction markets, joins CBS News to discuss.
The new species, named Microeledone galapagensis, has a blue hue, which is believed to be the rarest color in nature.
The Pentagon has released another batch of never-before-seen files on reported UFO sightings. CBS News senior national security correspondent Charlie D'Agata reports.
The 2026 Atlantic hurricane season is quickly approaching, and the National Oceanic and Atmospheric Administration is releasing its forecast for what to expect.
The pictures represent the longest-distance ever seen between two pictures of the same humpback whale, researchers said.
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
Former Attorney General Pam Bondi was heckled by Epstein abuse survivors before she entered a closed-door interview to testify for House Oversight Committee members about the Justice Department's Epstein probe. CBS News' Jake Rosen reports.
Former Attorney General Pam Bondi is testifying privately before members of the House Oversight Committee on the botched Justice Department rollout of the Epstein files. CBS News' Caitlin Huey-Burns reports.
Police in Canada and around the world have been investigating more than 100 suicides linked to Kenneth Law.
A federal judge has temporarily blocked the Justice Department from moving forward with work on the new "anti-weaponization" fund, including making any payouts. CBS News' Ed O'Keefe reports.
The Department of Justice is investigating the outside funding that Trump accuser E. Jean Carroll received for her civil lawsuits against the president. CBS News' Katrina Kaufman reports.
Blue Origin assess the impact of Thursday's New Glenn explosion, prompting concern about NASA moon program delays.
A rare blue micromoon will appear in night skies this weekend. Here's what to expect.
Jeff Bezos' Blue Origin, Astrolab, Lunar Outpost and Firefly Aerospace are awarded with hundreds of millions of dollars in NASA contracts for the first phase of its moon base plans.
China has launched the Shenzhou 23 spacecraft with three astronauts heading to its space station.
Perfecting SpaceX's mammoth rocket will be critical to NASA's plans for returning astronauts to the surface of the moon.
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.
President Trump holds Situation Room meeting on Iran; Bondi testifies behind closed doors in House Oversight Committee's Epstein probe.
Steve Hartman goes "On the Road," following the story of a dog who was left at a Fort Worth, Texas, firehouse.
A new movie titled "Dreams of Violets," with images fully generated by artificial intelligence, is set to premiere next month. Jo Ling Kent reports on the film made with no lights, no cameras and no actors.
A federal judge in Washington, D.C., ordered that President Trump's name be removed from the Kennedy Center building and all the branding within two weeks on Friday. Nancy Cordes has more.
In an exclusive "CBS Sunday Morning" interview, Rita Braver sat down with former first lady Jill Biden and talked about her husband's pardoning of their son Hunter. CBS News political director Fin Gómez joins with analysis.