Swiss vote on making firms liable for rights abuse

Swiss voters decide on Sunday on a law that would make Swiss businesses financially and legally liable for human rights violations or environmental damage. The law would affect their supply chains anywhere in the world. Switzerland may be a small country, but its business reach is long. Companies such as Nestlé, Syngenta, Glencore or Novartis … More Swiss vote on making firms liable for rights abuse

OxyContin maker to plead guilty to federal criminal charges, pay $8 billion, and will close the company

“Purdue Pharma actively thwarted the United States’ efforts to ensure compliance and prevent diversion,” said Drug Enforcement Administration Assistant Administrator Tim McDermott. “The devastating ripple effect of Purdue’s actions left lives lost and others addicted.” The company doesn’t have $8 billion in cash available to pay the fines. So Purdue will be dissolved as part … More OxyContin maker to plead guilty to federal criminal charges, pay $8 billion, and will close the company

Trump’s student loan cliff threatens chaos for Biden

The Education Department started warning borrowers through text messages and emails this week that their monthly payments will resume in January. Even though Trump said this summer that he planned to later “extend” the freeze beyond Dec. 31, a White House spokesperson declined to comment on whether the president is still considering another executive action … More Trump’s student loan cliff threatens chaos for Biden

The feds just seized Silk Road’s $1 billion stash of bitcoin

The successful prosecution of Silk Road’s founder in 2015 left open a billion-dollar question. Where did the money go?” US Attorney David Anderson said in a news release. “Today’s forfeiture complaint answers this open question at least in part. $1 billion of these criminal proceeds are now in the United States’ possession. apple.news/ACnB8QKTeRfCq6rNmEtssUQ