Consulting firm McKinsey & Co has agreed to pay US$573 million to resolve claims by more than 40 U.S. states related to its role in the opioid epidemic and advice it gave to OxyContin maker Purdue Pharma, according to a person familiar with the matter.
The board of Parler, a social media platform backed by Republican Party donor Rebekah Mercer and favored by U.S conservatives, has fired its CEO John Matze, he said on Wednesday.
SEATTLE: Amazon has revealed plans to install AI-powered video cameras in its branded delivery vans, in a move that the world's largest e-commerce firm says would improve safety of both drivers and the communities in which they deliver. The company recently started rolling out camera-based safety ...
DBS has raised its sustainable finance target for 2024 to S$50 billion, which is well over twice of the lender's previous S$20 billion target for the same year.
Myanmar's state-owned internet provider was blocking access to Facebook-owned services early on Thursday (Feb 4), the network monitoring group NetBlocks said, days after the country's military leaders seized power in a coup.
Consulting firm McKinsey has agreed to pay US$573 million to settle investigations into its role in helping boost opioid sales, the New York Times reported on Wednesday.
Asian stocks came under pressure on Thursday as a mixed Wall Street session gave investors few immediate reasons to increase their risk positions following the recent social media-driven trading chaos.
REUTERS: Parler, a social media platform favored by U.S conservatives, has dismissed CEO John Matze, according to Matze on Wednesday, as the site has largely gone offline after the Jan. 6 attack on the U.S. Capitol. Matze confirmed the move in a text message to Reuters. "On January 29,...
U.S. shale oil and gas producer Chesapeake Energy Corp plans to cut 15per cent of its workforce, an email sent to employees revealed, as it closes on new financing that will allow it to emerge from bankruptcy court protection next week.
FORT WORTH, Texas: American Airlines is telling about 13,000 employees that they are at risk of furlough when a US aid package for airline workers expires on Apr 1, the company said on Wednesday (Feb 3). Fort Worth, Texas-based American furloughed 19,000 workers when a previous round of government ...
