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Pfizer facing wave of lawsuits over anti-cholesterol treatment

Pharmaceutical giant Pfizer is facing a mounting wave of lawsuits by women who allege that the company knew about possible serious side effects of its blockbuster anti-cholesterol drug Lipitor but never properly warned the...

Rust-Oleum Maker to Pay $797.5 Million to Asbestos Trust

Rust-Oleum paint maker RPM International Inc. on Monday announced a $797.5 million deal to resolve asbestos claims against its Bondex International Inc. unit, which filed for protection from creditors in 2010 after mounting personal...

Monitoring, Dose Adjustment for Pradaxa

Blood level monitoring and dose adjustment for dabigatran (Pradaxa) could reduce major bleeding risk by as much as 20% compared with unadjusted use, according to company analyses allegedly hidden from physicians and regulators. An investigation...

Pilot Flying J to pay $92M fine

The truck-stop company owned by Cleveland Browns owner Jimmy Haslam and Tennessee Gov. Bill Haslam has agreed to pay a $92 million penalty for cheating customers out of promised rebates and discounts, authorities announced...

GM victim-compensation plan expected soon

The New York Times examines the ongoing scandal over faulty ignition switches at General Motors, noting that the company has already recalled 2.6 million cars and is facing a wave of lawsuits and settlements...

GM CEO under fire as new evidence of ignored warnings surfaces

ABC World News reported GM CEO Mary Barra was “back in the hot seat” on Wednesday “over those faulty ignition switches.” Barra is “vowing to change the culture inside GM to make sure this...

Mississippi Files Suit against Credit Reporting Company

The state of Mississippi has filed a lawsuit against Experian, the world's largest credit-reporting firm, alleging that the company made numerous data errors and violated consumer protection laws. The lawsuit was filed last month...

GM expands recalls to cover half a million Camaros

The CBS Evening News broadcast that General Motors added “more than half a million Camaros” to the list of its recalled vehicles a few days ago, bringing the total number of recalls this year...