US to unveil $ 26 billion opioid deal with drug distributors, J&J – sources

[ad_1] Find out what clicks on FoxBusiness.com. U.S. state attorneys general and local government lawyers are expected to unveil a landmark $ 26 billion settlement this week resolving allegations that the three largest U.S. drug distributors and drugmaker Johnson & Johnson helped fuel an epidemic of opioids nationwide, people familiar with the matter said. Actions … Read more

Volkswagen kills Passat in US to focus on SUVs and electric vehicles

[ad_1] Find out what clicks on FoxBusiness.com. Volkswagen AG is phasing out sales of the Passat sedan in the United States, the last well-known nameplate to leave American showrooms as automakers embrace sport utility vehicles. Actions in this article The German automaker said on Monday that the 2022 model year will be the final edition … Read more

BlockFi ordered to stop opening new interest accounts in New Jersey

[ad_1] The popular cryptocurrency trading and lending platform BlockFi has been ordered by the New Jersey Bureau of Securities to suspend the acceptance of new users of interest accounts in the Garden State. In a Twitter thread On Monday evening, Eastern Time, BlockFi CEO and Founder Zac Prince said the company remains operational for its … Read more

Amazon tycoon Bezos ready to mount his own rocket into space

[ad_1] The richest man on the planet Jeff Bezos will drive his own rocket into space on Tuesday, a key moment for a fledgling industry looking to make the Last Frontier accessible to elite tourists. Blue Origin has scheduled its first crewed mission, an 11-minute jump from West Texas across the Karman Line and back, … Read more

New Jersey Attorney General Issues Multibillion-Dollar Bitcoin Financial Services Platform Cease-and-Desist Order

[ad_1] (Photo illustration by Chukrut Budrul / SOPA Images / LightRocket via Getty Images) SOPA Images / LightRocket via Getty Images This article has been updated to show that the CEO of BlockFi confirmed in a series of tweets, the company received a cease and desist letter from the New Jersey attorney general’s office. According … Read more

Ford recalls nearly 800,000 Explorer SUVs due to accident risk

[ad_1] Ford has recalled nearly 800,000 Explorer SUVs manufactured between 2013 and 2017 due to an accident risk. The company has also recalled certain 2020 and 2021 Lincoln Aviator and F-350 Super Duty models. Six injury allegations have been linked to a potential defect in the Ford Explorer. Loading Something is loading. Ford issued three … Read more

Ford recalls nearly 800,000 Explorer SUVs due to accident risk

[ad_1] Ford has recalled nearly 800,000 Explorer SUVs manufactured between 2013 and 2017 due to an accident risk. The company has also recalled certain 2020 and 2021 Lincoln Aviator and F-350 Super Duty models. Six injury allegations have been linked to a potential defect in the Ford Explorer. See more stories on the Insider business … Read more

Market wrap: risk sentiment sends Bitcoin towards $ 30,000

[ad_1] Bitcoin traded lower on Monday, reflecting declines in traditional markets as investors shy away from risky assets amid concerns over weak monetary and fiscal stimulus and increasing cases of COVID-19 , including those caused by the Delta variant. Bitcoin was trading at around $ 30,600 at the time of publication and has fallen by … Read more