justice department News

Boeing To Pay $2.5B to Settle U.S. Criminal Probe Into 737 Max Crashes

WASHINGTON/SEATTLE/CHICAGO — Boeing Co will pay more than $2.5 billion in fines and compensation after reaching a settlement with the U.S. Department of Justice over two plane crashes that killed a total of 346 people and led to the grounding …

Government Ordered to Pay Landowners on Lower Missouri River

OMAHA, Neb. (AP) — The federal government must pay some landowners along the lower Missouri River for flooding damage caused by changes the Army Corps of Engineers made to the river to protect endangered species, a judge has ruled. The …

Family Behind Oxycontin Maker Purdue Pharma Offers ‘Sadness’

Two of the owners of the company that makes OxyContin acknowledged to a congressional committee on Thursday that the powerful prescription painkiller has played a role in the national opioid crisis but stopped short of apologizing or admitting wrongdoing as …

GM Rethinks Planned Stake in Electric Vehicle Maker Nikola

NEW YORK — General Motors will not be taking a stake in the electric vehicle company Nikola, and the company said Monday that it was scuttling one of its marquee vehicles, an electric and hydrogen-powered pickup, after GM pulled technological …

Oxycontin Maker Purdue Pharma to Plead to 3 Criminal Charges

NEW YORK — Purdue Pharma LP agreed to plead guilty to criminal charges over the handling of its addictive prescription opioid OxyContin, in a deal with U.S. prosecutors that effectively sidestepped paying billions of dollars in penalties and stopped short …

U.S. Pursues Nearly $13 Billion of Claims in Purdue Pharma Opioid Probes-Sources

U.S. prosecutors are pursuing possible penalties of nearly $13 billion to resolve investigations of OxyContin maker Purdue Pharma after uncovering evidence of criminal and civil misconduct stemming from the company’s alleged role in fueling the nation’s opioid crisis, people familiar …

China-Backed Hackers ‘Targeted COVID-19 Vaccine Firm Moderna’

WASHINGTON — Chinese government-linked hackers targeted biotech company Moderna Inc, a U.S.-based coronavirus vaccine research developer, this year in a bid to steal data, according to a U.S. security official tracking Chinese hacking. China on Friday rejected the accusation that …

Indivior to Resolve U.S. Opioid Treatment Marketing Claims For $600 Million

Indivior Plc on Friday said it had agreed to pay $600 million and have a subsidiary plead guilty to a criminal charge to resolve U.S. allegations that it engaged in an illegal scheme to boost prescriptions of its opioid addiction …

Judge Blocks Twitter’s Bid to Reveal Govt Surveillance Requests

Twitter Inc will not be able to reveal surveillance requests it received from the U.S. government after a federal judge accepted government arguments that this was likely to harm national security after a near six-year long legal battle. The social …

JPMorgan Inherited ‘Spoof’ Method From Bear Stearns, U.S. Says

When JPMorgan Chase & Co. took over Bear Stearns more than a decade ago, it got two traders with a new trick. Their strategy: Use multiple fake orders to manipulate the prices of precious metals futures. The maneuver, adopted by …