Settlement ends opioid saga but families still angered
A bankruptcy judge approves a roughly 10 billion Purdue Pharma settlement. Sackler owners relinquish ownership and pay 4.5 billion, guiding profits to addiction treatment and education. Victims may receive 3 500 to 48 000 dollars. many remain unhappy that no admission of guilt or face-to-face accountability occurred.
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Markets end higher as chip shortages deepen auto plant cuts
U.S. stocks closed with modest gains lifting the S P 500 and Nasdaq to fresh records while investors await Friday employment data. Auto makers GM Ford and Stellantis announced temporary plant shutdowns due to global semiconductor shortages, intensifying concerns over inventories and pricing amid strong truck and SUV demand.
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