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Mallinckrodt in Talks to Cut Opioid Settlement by Up to $1 Billion
Business

Mallinckrodt in Talks to Cut Opioid Settlement by Up to $1 Billion

Mallinckrodt, the financially troubled pharmaceutical company, is in discussions with a compensation trust for opioid victims as it seeks to potentially reduce the amount of

National CineMedia Files for Bankruptcy as Latest Casualty of Cinema Slump
Business

National CineMedia Files for Bankruptcy as Latest Casualty of Cinema Slump

National CineMedia LLC, the largest movie-theater advertisement business in North America, filed for bankruptcy Tuesday after facing years of challenges from reduced attendance at cinemas

Johnson & Johnson’s Talc Plan Spotlights Chapter 11 Voting Power
Business

Johnson & Johnson’s Talc Plan Spotlights Chapter 11 Voting Power

Johnson & Johnson’s latest plan to resolve mass cancer lawsuits through bankruptcy could force some cosmetic-talc users and their lawyers into a settlement they don’t