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OxyContin Maker To Pay O, Google Paid Apple Billions To Dominate Search On iPhones, Justice Department Says and other Economy news

The economy news of 2020-10-23 on Tamugaia - OxyContin Maker To Pay Out Billions In Civil, Criminal Penalties, and Google Paid Apple Billions To Dominate Search On iPhones, Justice Department Says.
OxyContin Maker To Pay Out Billions In Civil, Criminal Penalties - The Justice Department has announced an $8.3 billion settlement with Purdue Pharma, the maker of OxyContin — one of the prescription drugs at the center of the overdose crisis in the U.S.... [ View ]

Google Paid Apple Billions To Dominate Search On iPhones, Justice Department Says - An agreement worth up to $12 billion made Google the de facto choice for online search on millions of iPhones. Justice officials say the deal may be anticompetitive under U.S. law.... [ View ]

American Airlines, Southwest post deep losses and renew calls for aid - American Airlines and Southwest Airlines each reported deep losses in the third quarter on Thursday, but said they would burn less cash in the months to come as leisure bookings show signs of recovery from... [ View ]

Stocks higher as financials, telecoms lead - Investors eye earnings in what is the busiest day so far for 3Q reports.... [ View ]

Whirlpool strains to meet appliance demand - The Benton Harbor, Mich.-based company said Wednesday that revenue in North America fell 1.6% due to coronavirus-related supply constraints in its third quarter. Backlogs for its products remain higher tha... [ View ]

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