US FTC amends suit against Walmart for allegedly allowing money transfer services for fraud

WASHINGTON (Reuters) – The U.S. Federal Trade Commission has filed an amended complaint alleging that Walmart Inc allowed scam artists to use the company’s money transfer services to defraud consumers, the commission said on Friday. The FTC filed the amended complaint in the U.S. District Court for the Northern District of Illinois, which in March…

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US urges appeals court to uphold Ghislaine Maxwell’s sex trafficking conviction

By Jonathan Stempel and Jack Queen NEW YORK (Reuters) -The U.S. government has urged an appeals court to uphold Ghislaine Maxwell’s conviction and 20-year prison sentence for helping the disgraced late financier Jeffrey Epstein sexually abuse teenage girls. In a Thursday night filing with the 2nd U.S. Circuit Court of Appeals in Manhattan, federal prosecutors…

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Bausch + Lomb buys Novartis drugs for $1.75 billion to boost eye-care portfolio

(Reuters) – Bausch + Lomb said on Friday it would acquire several Novartis eye-care products for $1.75 billion as their market grows, sending the company’s shares up over 8% in early trading. The deal includes acquisition of Novartis’ anti-inflammation eye drop Xiidra, experimental drug libvatrep for chronic ocular surface pain, and rights to use the…

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