Business & Economy
CVS settles lawsuit over opioid dispensing for $315 million
CVS reached a $315 million settlement Tuesday to resolve allegations that it illegally filled prescriptions for opioids and other controlled substances for over a decade and then sought payments for many of those invalid prescriptions from federal healthcare programs.
Bipartisan senators press Trump to rescind Russian diesel export deal
A dozen senators, six from each party, are calling on President Trump to rescind a waiver of sanctions on Russian diesel exports.
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California law forces big companies to search for slavery-era ties, publish results
California Gov. Gavin Newsom has signed a law requiring large companies to search their records for ties to slavery and report the results under oath. Reparations advocates are hailing it as a milestone, but it won't take effect until lawmakers pay for it.
CVS agrees to pay $315 million to settle Justice Department case over opioid prescriptions
CVS Pharmacy Inc. and various subsidiaries have agreed to pay $315 million to resolve a Justice Department case alleging it unlawfully dispensed medically unnecessary prescriptions of highly addictive opioids, officials said Tuesday.
Cyberattack targeting refrigeration systems hits 700 supermarkets, French government says
Cyberattacks have disrupted European supermarket chains, causing refrigeration systems to overheat at hundreds of stores in France and forcing a major grocer to shut down websites serving customers in Europe and the United States.
Kroger to lay off 3,000 corporate employees over 3 years as it leans into artificial intelligence
Grocery store chain Kroger said it will lay off 3,000 corporate employees over the next three years as it ramps up its use of artificial intelligence to streamline operations.
Argentina takes fight with Britain over Falklands’ oil industry to international tribunal
Argentina said Tuesday it had asked an international maritime tribunal to halt oil development off the disputed Falkland Islands, escalating its confrontation with Britain over the archipelago's first commercial oil project.
Britain’s Burnham weighs approval for oil and gas drilling in the North Sea
British Prime Minister Andy Burnham is facing a key test of his environmental policies as he decides on whether oil and gas companies should be allowed to drill in the North Sea.
Big banks post strong Q3 profits, but warn higher rates and inflation could bite
Wall Street's biggest banks reported another strong quarter on Tuesday, as the U.S. consumer continues to pay their bills and businesses keep investing heavily in AI.
Strong profit reports from Goldman Sachs and others support Wall Street as chip stocks drop
Strong profit reports from Goldman Sachs, UnitedHealth Group and other big U.S. companies are helping to shore up the stock market on Tuesday, even as sharp drops for stocks in the computer chip industry circle the world and hit Wall Street.
Tensions flare over the EU’s next long-term budget ahead of unpredictable elections in 2027
Political tensions mounted on Tuesday over the European Union's next long-term budget as pressure mounts to agree on the spending package before a series of unpredictable elections in some of the bloc's biggest member countries next year.
China’s carmakers export more as EU caps hybrid vehicle imports at 350,000 a year
China's passenger car exports surged 64% in September from the same month in 2025, an industry association reported Monday, as Chinese automakers increasingly focus on exports to drive growth amid sluggish domestic sales.
U.S. stocks hover near their latest record in mixed trading on Wall Street
Stocks kicked off a busy week on Monday with mixed trading on Wall Street that is keeping the market hovering around its all-time high.
Saudis probe how defense systems failed to stop deadly Houthi attack on Riyadh airport
Saudi Arabia has launched an investigation to determine how its air defenses failed to intercept a barrage of missiles and drones fired by Iran-backed Houthi rebels, including an attack on Riyadh airport that killed at least 13 people and wounded over 300, two regional officials said Monday.
From ‘hands-free’ to ‘eyes-off’: How General Motors is simulating its way to autonomous driving
At the General Motors Global Technical Center in Warren, Michigan, in suburban Detroit, hundreds of volunteer, real-world drivers have hopped inside a Cadillac Lyriq electric vehicle or other popular GM models and experienced all sorts of things while in the car: regular roadway driving, driving up and down hills, construction, rain, nearby traffic and other scenarios.
Trump says Kyiv, Moscow agree to stop attacking each other’s energy facilities
President Trump announced Sunday that Russia and Ukraine have agreed to halt attacks on each other's energy infrastructure.
Biden’s DHS gave free pass to most illegal immigrants who overstayed visas: Audit
The Department of Homeland Security received reports of more than 3 million foreigners who overstayed their visas during the Biden administration, but it investigated fewer than 1,000 of those cases and only made eight arrests, the department's inspector general said.
