By Natalie Grover and Eva Mathews (Reuters) -GSK agreed to settle a U.S. lawsuit alleging its discontinued heartburn drug Zantac caused cancer, the British drugmaker said on Friday, preventing the first such case from going to trial next month. The company said it had reached a confidential deal with Californian resident James Goetz who says…
By Julie Steenhuysen CHICAGO (Reuters) -The U.S. Medicare health plan on Thursday offered details of plans to collect patient data as a condition for reimbursement for Eisai Co Ltd and Biogen Inc’s new Alzheimer’s drug Leqembi, should it win traditional U.S. approval as expected by July 6. Under the plan, Medicare, the government health plan…
By Andrew Chung and John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court on Friday backed cryptocurrency exchange Coinbase Global Inc’s bid to halt customer lawsuits while it pursues appeals aimed at moving the disputes out of courts and into private arbitration, which businesses often prefer over litigation. The justices, in a 5-4 decision, overturned…
By Steve Holland WASHINGTON (Reuters) -U.S. President Joe Biden’s national security adviser, Jake Sullivan, is traveling to Denmark this weekend to participate in a meeting about Ukraine which may include some countries that have refused to condemn the invasion. The talks in Copenhagen are being organized by Ukraine “to discuss basic principles of peace,” a…
By Gibran Naiyyar Peshimam KHUIRATTA, Pakistan-administered Kashmir (Reuters) – Hameed Iqbal Bhatti had prospered over two decades working in Saudi Arabia, but after returning to Pakistan three years ago, he was getting desperate. The economy had suffered in the pandemic and his restaurant business closed. With work avenues drying up and sky-high inflation blowing a…
By Rollo Ross and Daniel Trotta (Reuters) – Movie director and submersible maker James Cameron said on Thursday he wishes he had sounded the alarm earlier about the submersible Titan that imploded on an expedition to the Titanic wreckage, saying he had found the hull design risky. All five aboard the vessel were killed. Cameron…
By Lewis Jackson and Scott Murdoch SYDNEY (Reuters) -PricewaterhouseCoopers Australia is looking to sell its government, education and healthcare practice to private equity firm Allegro Funds, according to a person familiar with the matter, as the firm battles the fall out from a major scandal. The scandal, which first broke in January, centres around a…
(Reuters) – The five people aboard a submersible visiting the wreck of the Titanic died after a catastrophic loss of the pressure chamber, U.S. Coast Guard officials said on Thursday. A “debris field” matching the submersible was discovered by a robotic deep-sea vessel. Here is a timeline of events since the start of the trip,…
COPENHAGEN (Reuters) -Danish brewer Carlsberg said on Friday it had signed an agreement to sell its Russian business but did not name the buyer or the agreed price for the transaction, which is subject to an extensive regulatory review by Moscow. Carlsberg, the Western brewer most exposed to Russia, said last year it expected a…
By Jonathan Stempel (Reuters) – Home Depot has agreed to pay $72.5 million to end a long-running class-action lawsuit alleging the largest U.S. home improvement retailer underpaid workers in California. The preliminary settlement was filed late Thursday in a San Francisco federal court, and requires a judge’s approval. Half of the settlement, after taking out…
