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    Home » Ticker: Frustration grows over wait on OxyContin maker’s settlement
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    Ticker: Frustration grows over wait on OxyContin maker’s settlement

    Business KhabarBy Business KhabarApril 30, 2023No Comments
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    Ticker: Frustration grows over wait on OxyContin maker’s settlement
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    More than a yr after the maker of OxyContin reached a tentative settlement over the toll of opioids, the cash isn’t flowing but.

    That’s as a result of a federal court docket remains to be contemplating whether or not it’s lawful to provide members of the Sackler household who personal Purdue Pharma safety from civil lawsuits in trade for his or her contribution to the settlement: the corporate itself and as much as $6 billion in money. Lawyers on a number of sides of the case have requested the court docket to difficulty an opinion — or no less than a timeline.

    NYC transit company stops Twitter service alerts

    The transit authority that runs subways, commuter trains and buses in New York City is giving up on a system that despatched automated alerts about service disruptions by Twitter, a platform the Metropolitan Transportation Authority determined to cease utilizing on Tuesday.

    MTA officers say they balked at Twitter’s latest choice to start out charging for sure features. The authority additionally was involved with technical issues that had led to 2 latest outages of its Twitter alerts service.

    Inflation pressures stay persistent as customers pull again

    Key measures of costs and wages remained excessive in March, holding the Federal Reserve on observe to boost rates of interest subsequent week for the tenth time since March of final yr in its drive to defeat excessive inflation.

    An index that’s intently adopted by the Fed rose 0.3% from February to March and 4.6% from a yr earlier. That remains to be far above the Fed’s 2% goal charge. Some Fed officers are involved that core inflation hasn’t declined a lot since reaching 4.7% in July.

    — Herald wire providers

    Source: www.bostonherald.com”

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