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Hunter alleged Purdue, Johnson & Johnson and Teva Pharmaceutical Industries Ltd engaged in deceptive marketing that downplayed the addiction risk from opioids while overstating their benefits, contributing to the epidemic. Opioids, including prescription painkillers, heroin and fentanyl, were involved in a record 47,600 overdose deaths in 2017 in the United States, according to the U.S. Centers for Disease Control and Prevention. “The addiction crisis facing our state and nation is a clear and present danger,” Hunter said silver cufflinks and studs. Of more than 3,000 Oklahomans admitted to hospitals last year for drug overdoses that they survived, 80 percent involved prescription opioids, he said..

The companies deny wrongdoing. Purdue has argued that U.S. Food and Drug Administration-approved labels for its opioids carried warnings about the risk of abuse and misuse associated with them. The settlement came after Purdue’s chief executive this month said the company was weighing filing for bankruptcy protection to address potential liabilities from the lawsuits, a move that Reuters had reported earlier. Companies facing mounting litigation often consider a bankruptcy filing to halt lawsuits and negotiate with plaintiffs in one federal court proceeding. Hunter said the bankruptcy threat factored into the settlement talks silver cufflinks and studs.

He said Purdue was convinced to settle after being presented with an option that provides for nearly $200 million for establishing a center at Oklahoma State University (OSU) that would take a national approach toward treating addiction. “It is going to save countless lives, and it’s going to keep families together,” Hunter said at a news conference silver cufflinks and studs. Avoiding the trial with a settlement relieves immediate pressure on Purdue to seek bankruptcy protection, said Alexandra Lahav, a professor at the University of Connecticut School of Law..

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Solomon has said the consumer business is a critical part of the bank’s strategy to grow revenues and cut costs, as revenue shrinks in traditional areas of strength for Goldman like bond trading. But many investors have been uneasy with Goldman growing its unsecured consumer debt, especially at a time when many speculate that a recession could be looming, said UBS analyst Brennan Hawken mikimoto cufflinks. Marcus now has $45 billion in customer deposits in the United States and the U.K., and has issued $5 billion in personal loans, according to Solomon’s email..

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“They might securitize the debt, which wouldn’t be anything new for an investment bank,” Siegel said. “I can’t imagine that Goldman Sachs, all of a sudden, especially with where we are in the credit cycle, is going to go long on unsecured consumer debt.”. As this is Goldman’s first foray into credit cards, it may take the bank a year or two to assess the quality of its credit decisions, according to an industry expert who declined to be named. The same person said that the stated range of possible interest rates on unpaid balances was too wide to clearly show how much credit risk Goldman expects to take mikimoto cufflinks.

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(Reuters) – OxyContin maker Purdue Pharma LP and members of the wealthy Sackler family that own the company reached a $270 million settlement to resolve a lawsuit brought by the state of Oklahoma accusing the drugmaker of fueling an opioid abuse epidemic. The settlement unveiled by Oklahoma Attorney General Mike Hunter on Tuesday was the first to result from a wave of lawsuits accusing Purdue of deceptively marketing painkillers, helping create a deadly crisis sweeping the United States mikimoto cufflinks. Hunter’s 2017 lawsuit was set to go to a jury on May 28 in what would have been the first trial from roughly 2,000 lawsuits filed in federal and state courts against Purdue and other drugmakers..

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“Clearly there is pressure to get the airplanes ungrounded but there is tremendous pressure to make sure it was done right,” the FAA official said. “The last thing in the world you want is to have the thing hurried and then find problems with it.”. Ethiopian and French investigators have pointed to “clear similarities” between the two crashes, putting pressure on Boeing and U.S black onyx cufflinks. regulators to come up with an adequate fix. No direct link has been proven between the crashes but attention has focused on whether pilots had the correct information about the “angle of attack” at which the wing slices through the air..

Qatar Airways, one of the largest Middle East carriers, threw its support behind Boeing on Monday. The airline will however delay the April delivery of another MAX jet until the cause of the crash is known, said Qatar Chief Executive Akbar al-Baker. “I am sure that the aircraft will get back into the skies soon and that Boeing will get to the bottom of what happened and if there is something technical wrong that they will find a fix for it,” he said. Garuda Indonesia was invited to the briefing but requested a webinar instead, only to be rebuffed, Chief Executive Ari Askhara told Reuters on Monday black onyx cufflinks. Last week, Indonesia’s national carrier said it planned to cancel its order for 49 737 MAX jets, citing a loss of passenger trust..

NEW YORK (Reuters) – Goldman Sachs Group Inc’s credit card deal with Apple Inc is the latest move by the Wall Street investment bank to court mass-market consumers, potentially connecting Goldman with hundreds of millions of iPhone users. But Goldman is entering a crowded market for co-branded cards where retailers often have the upper hand, and analysts question how much tolerance its shareholders will have for growing the bank’s fledgling consumer business through credit card lending black onyx cufflinks.

Goldman has been courting consumers since the 2016 launch of its online bank Marcus, and with its first credit card it is targeting fee-conscious ones black onyx cufflinks. There will be no annual or late fees, and customers will pay variable annual interest rates of between 13.24 percent and 24.24 percent, according to Apple’s website. Apple and Goldman did not disclose the economic terms of their partnership when it was announced on Monday. But banks have been increasingly willing to take less favorable deals because post-financial crisis regulations make the credit card business attractive for lenders, which are required to hold less capital against such debt than against other assets..

“As this kind of benign credit environment continues retailers have a greater leverage than they had a few years ago,” said a person involved in similar credit card deals. Issuing banks retain control of approving customers for cards, often using data the retailer has on shoppers as part of the process, the person said black onyx cufflinks. Goldman Chief Executive David Solomon said in an email to employees on Monday that the card is a “major step” in the bank’s plan to grow its consumer business..

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SEATTLE/KIGALI (Reuters) – Boeing Co will provide airlines that have bought the 737 MAX with free software upgrades, the U.S best cufflinks in india. manufacturer said on Monday, as Ethiopian Airlines told Reuters it expected a preliminary crash report this week or next. Any fixes to the MAX software, the focus of investigations in two deadly crashes that have prompted worldwide groundings of the aircraft, must still get approval from governments around the world. The U.S. Transportation Department said Monday it is forming an outside panel to review the Federal Aviation Administration’s aircraft certification program amid growing concerns after two fatal Boeing 737 MAX crashes since October..

The causes of separate Lion Air and Ethiopian Airline crashes are also still unknown, though Ethiopian Airlines Chief Executive Officer Tewolde Gebremariam said he trusts Boeing. “Despite the tragedy, Boeing and Ethiopian Airlines will continue to be linked well into the future,” Tewolde said on Monday. “Ethiopian Airlines believes in Boeing. They have been a partner of ours for many years.”. Meanwhile, Boeing has begun briefing airlines on software and training updates for the MAX, with more than 200 global airline pilots, technical experts and regulators due in Renton, Washington where the plane is built this week best cufflinks in india.

The sessions follow a briefing with carriers including three U.S. airlines on Saturday, part of Boeing’s effort “to communicate with all current, and many future, MAX customers and operators,” a Boeing spokeswoman said. Tewolde told Reuters the leading African airline may or may not attend the briefing. Lion Air Managing Director Daniel Putut said his airline would send two people on Wednesday, a pilot and an engineer. The crash of an Indonesian Lion Air flight last October killed 189 people and first brought the safety of the 737 MAX into focus best cufflinks in india.

The 737 MAX is Boeing’s best-selling plane, with orders worth more than $500 billion at list prices best cufflinks in india. Boeing’s shares closed 2.3 percent higher at $370.46 on hopes that a fix is nearing completion, but have lost about 12 percent and $29 billion in market value since the March 10 crash. In another blow to Boeing, France announced on Monday that Airbus had agreed to sell 300 aircraft to China Aviation Supplies Holding Company, including 290 A320 planes and 10 A350, in a deal worth about is 30 billion euros ($34 billion)..

Boeing’s software fix for the grounded 737 MAX will prevent repeated operation of an anti-stall system at the center of safety concerns, and deactivate it altogether if two sensors disagree widely, two people familiar with pilot briefings said best cufflinks in india. The system ignited a debate over the proper balance between man and machine in piloting the latest version of the 50-year-old 737. Upgrading an individual 737 MAX with Boeing’s new software only takes about an hour per plane, though the overall process could stretch on far longer as it is rolled out across the global fleet due to stringent testing and documentation requirements by engineers and regulators, according to a senior FAA official with knowledge of the process..

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Merck kept its offer price unchanged at $48 per share on Tuesday tie and cufflink set. That compares with an offer of $39.20 worth of Entegris stock for each Versum share under their deal. Entegris was trading at $35 on Tuesday. “The Versum board’s hasty rejection of our proposal and unwillingness to engage in discussions with us has forced us to take this proposal directly to shareholders,” family-controlled Merck said in a letter to Versum shareholders. For diversified Merck, controlled by descendants of the group’s 17th century founder, this marks the first hostile takeover attempt since its 2006 swoop on domestic drugs rival Schering, which Bayer eventually acquired for 17 billion euros..

The move is also the first major hostile takeover bid by a German company for a U.S tie and cufflink set. target since BASF’s 2006 approach for catalytic converter maker Engelhard, which ended up becoming an agreed deal. Merck’s offer will run until June 7, the letter said. A Merck spokesman said the offer would be conditional on Merck winning over investors with combined holdings of more than 50 percent of Versum shares. Merck said that Bank of America Merrill Lynch, BNP Paribas Fortis and Deutsche Bank had committed financing for a Versum acquisition..

“Now the burden shifts to the Versum board to explain with much greater clarity any objections they may have about this offer,” said one Versum shareholder, who was previously leaning towards the Entegris deal. Versum shares closed 0.5 percent higher, reflecting hopes of a higher bid. “This tells me the ball is now in the Entegris court to either increase its offer or to go away,” the investor added, asking not to be named tie and cufflink set. Versum said its board was reviewing Merck’s offer and would inform its shareholders about the board’s formal position within 10 business days..

A statement from Entegris emphasized the merged group’s development potential from cost and revenue benefits. “Merck’s low premium, change-in-control offer would prevent the stockholders of both companies from participating in potential upside of the combined company,” it said. Merck, shares in which were up 0.7 percent, is building a high-tech chemicals division called Performance Materials to cater to the electronics industry tie and cufflink set. A major part of that is its liquid crystals business, which has previously achieved operating income margins of 40-50 percent but is now suffering shrinking sales under pressure from Chinese rivals..

The moves by Merck and Entegris are viewed by some as an effort to seize on beaten down stock prices in the volatile semiconductor industry after demand for mobile devices slowed and prices for memory chips sank. Versum, which makes chemicals for the semiconductor industry, suffered a 27 percent drop in its share price last year. The main rivals in the fragmented market for chemicals used in electronics include DuPont, Honeywell , Hitachi Chemical and Shin-Etsu, according to UBS analysts. Merck is diversified across three separate businesses, including a pharmaceuticals operation that struck a 3.7 billion euro ($4.17 billion) collaboration deal with GlaxoSmithKline last month, and a life sciences division that makes supplies and gear for biotech laboratories tie and cufflink set.

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“There was a stabilization in the bond market. What you don’t want to see is the continuing inversion. The market is on yield watch, there’s no doubt about it,” said Quincy Krosby, chief market strategist at Prudential Financial in Newark, New Jersey. If it persists, the yield curve inversion is seen as an indicator that a recession is likely in one to two years. Also helping stocks, the S&P energy index jumped 1.5 percent, leading percentage gains among sectors, as oil prices rose on OPEC supply cuts and expectations of lower U.S. inventories cufflink shirts online india.

The Dow Jones Industrial Average rose 140.9 points, or 0.55 percent, to 25,657.73, the S&P 500 gained 20.1 points, or 0.72 percent, to 2,818.46 and the Nasdaq Composite added 53.98 points, or 0.71 percent, to 7,691.52. Apple Inc shares ended down 1 percent, reversing early gains, after a U.S. trade judge recommended Qualcomm Inc win a sales ban on some Apple iPhone models containing chips made by Intel Corp in one of two patent disputes. Investors also digested weak consumer confidence numbers for March, as well as housing data that showed U.S cufflink shirts online india. homebuilding fell more than expected in February..

NEW YORK (Reuters) – Dow Inc will replace DowDuPont Inc in the Dow Jones Industrial Average following the chemical corporation’s breakup into three smaller companies, S&P Dow Jones Indices said on Tuesday. The rearrangement of the widely followed blue-chip index of 30 companies would happen on April 2 before the U.S. stock market opens, S&P Dow Jones Indices said in a statement cufflink shirts online india. DowDuPont, formed by the $130 billion merger of chemical giants Dow Chemical and DuPont in 2017, is in the process of splitting itself up into three companies called Dow, DuPont and Corteva Agriscience..

Dow Inc will also join the S&P 500 on April 2, replacing Brighthouse Financial Inc , S&P Dow Jones Indices said in a separate statement. Replacing DowDuPont with Dow will maintain the benchmark’s exposure to the materials sector, and its price weight within the Dow Jones Industrial Average will be similar to DowDuPont’s before its breakup, S&P Dow Jones Indices said cufflink shirts online india. Known for its inclusion of large U.S. companies as well as its relatively few members compared to other barometers, the Dow has changed components roughly every two years over the past 20 years. The most recent such move came last June, when longtime member General Electric Co was replaced by Walgreens Boots Alliance Inc..

FRANKFURT (Reuters) – German pharma group Merck KGaA launched a hostile $5.9 billion all-cash takeover offer for Versum Materials on Tuesday to boost its presence in the semiconductor materials market and sideline a rival bidder. Versum, the former specialty chemicals division of industrial gases group Air Products, has been opposed to Merck’s unsolicited cash offer since it was first proposed last month, saying it was committed to an all-share merger with U.S cufflink shirts online india. rival Entegris agreed in January..

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Nike said in a written statement the company “will not be extorted,” and that it had immediately alerted investigators to the plot. According to the criminal complaint, Avenatti told Nike he would go public unless it paid his client $1.5 million and hired him and another lawyer to conduct an internal investigation of the company for between $15 million and $25 million father of the bride cufflinks canada. The charges were announced on Monday shortly after Avenatti said on Twitter he would hold a news conference to reveal “a major high school/college basketball scandal” reaching “the highest levels of Nike.”..

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(Reuters) – Swiss drugmaker Roche will close its manufacturing plant in the Brazilian city of Rio de Janeiro, shuttering operations over the next five years before selling the plot, the company said in a statement on Tuesday. Located in the neighborhood of Jacarepagua, the plant makes products for Latin America and Europe, and currently employees 440 Roche workers and around 200 contractors, the company said father of the bride cufflinks canada. “In light of the evolving product portfolio and future lower production volumes, Roche took the difficult decision to plan the phase-out of operations at the manufacturing site in Rio de Janeiro,” the company said..

NEW YORK (Reuters) – U.S father of the bride cufflinks canada. stocks gained on Tuesday, with financials snapping a five-day losing streak as Treasury yields stabilized above 15-month lows. The S&P 500 financial index gained 1.1 percent and registered its biggest daily percentage gain since Feb. 15. Benchmark 10-year note yields were steady on the day but above the level reached Monday, which was the lowest since December 2017. The S&P 500’s gains came after two sessions of declines, triggered by concern about slowing global economic growth and the inversion of a closely watched part of the Treasury yield curve..

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A: It could take weeks or months, experts and airline officials have said. Regulators in China, Europe and Canada have indicated they will conduct their own tests of the revised MCAS, in addition to tests that will be conducted by the FAA. Q: What is at stake for Boeing?. A: The 737 MAX is a pillar of the company’s commercial airliner business. Since the Ethiopian Airlines crash, Boeing has stopped delivery of all new MAX jets and its shares have lost about 12 percent and $29 billion in market value alphabet cufflinks online.

Indonesian airline Garuda has asked to cancel orders for 49 MAX aircraft, citing passenger concerns about the plane, although analysts said the deal was already in question before the Ethiopian crash alphabet cufflinks online. Other airlines have expressed confidence in Boeing, but the company is working to rebuild trust among customers, pilots and travelers that its planes are safe. The proposed changes to the MCAS software aim to do that in part by giving more control over the plane back to human pilots. Q: What are the consequences for the FAA, which has until now highlighted the benefits of a collaborative approach to oversight?..

A: Some lawmakers, including Democratic U.S. Senator Richard Blumenthal, have criticized the FAA for being too cozy with Boeing, and zeroed in on the FAA’s use of Boeing employees to conduct certain safety assessments during the certification process. That practice was authorized by Congress, and in 2018 Congress specifically instructed the agency to use outside contractors to speed up aircraft certification. On Tuesday, Transportation Department Inspector General Calvin Scovel said the FAA intends to significantly change its oversight approach by July alphabet cufflinks online.

For decades, the FAA set the global benchmark for aviation and aircraft safety. After the Ethiopia Airlines crash, China moved first to order the grounding of 737 MAX aircraft and other nations followed China’s lead. The FAA was the last major air safety regulator to order a halt to 737 MAX flights alphabet cufflinks online. Q: What about travelers? Will there be a shortage of planes or higher ticket prices if the 737 MAX planes are not allowed to fly soon?. A: The 737 MAX only accounts for about 1 percent of global fleets, so the grounding is not expected to have a major impact on passenger fares, although it has forced airlines to cancel some flights..

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Boeing’s software fix for the 737 MAX will prevent repeated operation of the anti-stall system and deactivate it altogether if two sensors disagree widely, two people familiar with pilot briefings told Reuters on Monday. Upgrading an individual 737 MAX with Boeing’s new software only takes about an hour per plane, though the overall process could stretch on far longer as it is rolled out across the global fleet because of stringent testing and documentation requirements by engineers and regulators, according to a senior FAA official with knowledge of the process personalized cufflinks wedding.

Boeing shares closed down slightly on Tuesday. They have lost about 12 percent and $29 billion in market value since the crash in Ethiopia. Representative Peter DeFazio, who chairs the U.S. House of Representatives Transportation and Infrastructure Committee, sent a letter on Tuesday to the FAA, asking it to hold an independent, third-party review of Boeing’s proposed changes to the 737 MAX before it is returned to service. The FAA’s review “must be thorough, deliberative and cannot be rushed,” he and Representative Rick Larsen wrote personalized cufflinks wedding. The third party should include experts “to objectively advise” on the certification of “new and novel technology.”..

DETROIT (Reuters) – Wednesday will be a pivotal day for aircraft maker Boeing Co and federal aviation safety regulators as they try to rebuild trust following two deadly crashes of Boeing 737 MAX airliners personalized cufflinks wedding. Boeing has scheduled a briefing on Wednesday for about 200 pilots and airline representatives in Renton, Washington, home of its 737 assembly complex. The company is expected to outline changes to software that controls a system designed to automatically prevent a mid-flight stall. Also on Wednesday in Washington, D.C., a U.S. Senate panel plans to question the acting head of the Federal Aviation Administration (FAA), the Transportation Department’s inspector general and the head of the National Transportation Safety Board about how thoroughly the 737 MAX’s automated flight control system was tested, and what will be done to assure that any fixes work..

Q: Do Boeing and regulators know what caused the crashes of a Lion Air 737 MAX in October and an Ethiopian Airlines 737 MAX on March 10?. A: Investigations of both crashes are still under way, but Ethiopian officials and some regulators have pointed to similarities in both flight paths. An anti-stall system known as MCAS, or Maneuvering Characteristics Augmentation System, has come under scrutiny. The system is designed to anticipate a stall. Q: Why did Boeing install the MCAS in the 737 MAX? personalized cufflinks wedding. A: The MAX has bigger engines than a conventional 737, and they are mounted closer to the nose. That can force the nose higher, threatening a stall. The MCAS was designed to use an automated system to anticipate a stall and act to prevent it without the pilot’s intervention. Two U.S. pilots unions said Boeing did not disclose the existence of the MCAS. Boeing has promised more training as it rolls out a revised system..

Q: Did the FAA review the MCAS before the 737 MAX was put into service?. A: FAA engineers and test pilots were involved in testing of the MCAS, which included 297 certification test flights, said acting FAA chief Daniel Elwell in written testimony to the Senate panel. The Justice Department and the Transportation Department inspector general are now looking into how Boeing and the FAA handled the 737 MAX certification. Q: All 737 MAX planes are now grounded worldwide. When will they be allowed to go back into regular service? personalized cufflinks wedding.

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While specific details on oversight changes were not clear, lawmakers are expected to question Elwell on how the regulator intends to change the process by which a manufacturer such as Boeing can to a large extent certify their own planes and flight software systems. Anti-stall software on the Boeing 737 MAX plane is among the leading areas of focus for investigations into the two crashes. Investigators have pointed to “clear similarities” between the crashes, putting pressure on Boeing and U.S. regulators to come up with an adequate fix locking cufflinks.

The aviation industry has been thrown into flux by a Lion Air crash in Indonesia last October that killed 189 people and an Ethiopian Airlines disaster on March 10 that killed 157, both involving Boeing’s 737 MAX single-aisle plane. A spokesman for Ethiopia’s transport ministry, which is leading an investigation in Addis Ababa, said the preliminary crash report would very likely be released this week. Boeing’s fastest-selling 737 MAX jet, with orders worth more than $500 billion at list prices, has been grounded globally by the FAA, although airlines are still allowed to fly them without passengers to move planes to other airports locking cufflinks.

One such passenger-less Southwest Airlines Co Boeing 737 MAX 8 aircraft landed safely on Tuesday after declaring an emergency over an engine-related problem leaving Orlando, Florida, the FAA said. The issue was not related to a computer system on the 737 MAX, Southwest said. Elwell’s testimony discloses that Boeing first submitted a proposed upgrade to its anti-stall software – the Maneuvering Characteristics Augmentation System, known as MCAS – to the FAA for certification on Jan. 21. Boeing confirmed that in a statement on Tuesday, saying verification and certification flights took place on Feb. 7 and March 12, which is within the typical testing time period. The documentation to show FAA compliance was expected at the end of the week, Boeing said locking cufflinks.

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