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Washington Post Business
Sep 23, 2019

Thomas Cook's Creditors Have the Right to Feel Outraged
The shocking collapse of a tour operator with such substantial assets will hurt suppliers and other lower-ranked lenders.

Washington Post Business
Sep 23, 2019

Do WeWork Bondholders Know Something We Don't?
Debt investors haven't bailed, despite the drama swirling around the company's delayed IPO. A tiny clause in its prospectus may explain it.

Washington Post Business
Sep 23, 2019

Do WeWork Bondholders Know Something You Don't?
Debt investors haven't bailed, despite the drama swirling around the company's delayed IPO. A tiny clause in its prospectus may explain it.

Washington Post Business
Sep 22, 2019

China's Wealth Fund Is Diving Into a Crowded Pool
Even riskier, it's not very liquid. CIC's tilt toward alternative assets may prove ill-judged.

Washington Post Business
Sep 22, 2019

Banks Are Still Boys' Clubs
The British lender RBS has made Alison Rose its CEO, but most European banks are lagging well behind Wall Street on senior management diversity.

Washington Post Business
Sep 22, 2019

Washington-area appointments and promotions for Sept. 23
A look at who is moving where in the region's job market.

Washington Post Business
Sep 22, 2019

How Private Credit Soared to Fuel Private Equity Boom
Private equity is booming, thanks in large measure to private credit, a rapidly growing slice of the debt markets where ever-growing pools of capital supplied by large investors are mobilized outside of traditional lending channels. Private credit has supplied the leverage that's helped private equity buy the businesses that have expanded its collective portfolio to its current $4 trillion. Also known as private debt, non-bank lending, alternative lending or shadow lending, private credit's grow

Washington Post Business
Sep 22, 2019

Just Ask Women: Banks Are Still Boys' Clubs
The British lender RBS has made Alison Rose its CEO, but most European banks are lagging well behind Wall Street on senior management diversity.

Washington Post Business
Sep 22, 2019

The World's Oil Security Blanket Has Been Torched
Holding all of the world's spare production capacity in Saudi Arabia has always been a risk.

Washington Post Business
Sep 21, 2019

Boeing, Northrop spar over $85 billion nuclear missile program
The two Virginia-based defense giants are jockeying for position on the Air Force's Ground Based Strategic Deterrent program, a ballistic missile program thought to be worth as much as $85 billion.

Washington Post Business
Sep 21, 2019

This water bottle knows how much you've had to drink — and it tells your phone
Reston-based LifeFuels makes flavors and nutrients part of a high-tech hydration system.

Washington Post Business
Sep 21, 2019

Flying Back From a Thomas Cook Holiday? Good Luck
The British travel operator is running out of options as it tries to find 200 million pounds to make potential lenders happy.

Washington Post Business
Sep 21, 2019

Cheese. Cosmetics. Cat Treats. Are those monthly subscription boxes actually saving you money?
The appeal of monthly subscription boxes is often convenience. Just make sure the service is truly saving you time and money.

Washington Post Business
Sep 20, 2019

What to know before refinancing your home loan
Consider how many years remain on the loan you have and how much longer you will stay in your home.

Washington Post Business
Sep 20, 2019

Arthur Cashin, wise to the ways of Wall Street
When the stock market whipsaws, CNBC turns to the 78-year-old dean of the New York Stock Exchange to make sense of it all.

Washington Post Business
Sep 20, 2019

As Democrats call for his resignation, HUD Secretary Ben Carson defends his controversial comments about transgender people
Carson on Friday sent an agency-wide email seeking to explain his comments and blaming the media for "blatant mischaracterizations of what I have said."

Washington Post Business
Sep 20, 2019

Facebook suspends tens of thousands of apps following personal data investigation
The apps, which may have mishandled users' personal data, vastly outnumber the hundreds that Facebook previously said it had taken action against in the wake of the Cambridge Analytica scandal. But the company gave little detail about what the apps had done wrong, or even the names of the apps.

Washington Post Business
Sep 20, 2019

Is recession ahead? It may depend on your Christmas shopping.
As talk picks up about the trade war's drag on business investment and on the economy, it's consumers and their checkbooks who will have the biggest say about when the next recession hits. Consumer spending is by far the largest part of economic growth.

Washington Post Business
Sep 20, 2019

Snarky comments on age deserve a ready retor
Age discrimination is illegal in the workplace, and the older employee has several options for responding to such disrespectful comments.

Washington Post Business
Sep 20, 2019

Google and Facebook's latest efforts to ‘save' journalism are sparking debate
Google and Facebook are racing to elevate quality journalism in the lead-up to the 2020 elections, but some fear the changes could have unintended consequences for news media.

Washington Post Business
Sep 20, 2019

An Obama-era rule to collect worker pay data is headed for the chopping block
A controversial collection of pay data by employers — supported by equal pay activists but opposed by many employers — could soon be curtailed.

Washington Post Business
Sep 20, 2019

How Ultra-Orthodox Perks Set Israel Election Agenda
The hefty benefits that ultra-Orthodox Jewish parties have wrested from Israeli governments for decades have been a source of resentment for many in the country. But it took an on-again, off-again all...

Washington Post Business
Sep 20, 2019

Secretive FBI demands for information go far beyond tech companies, new documents reveal
The FBI has sent secretive written demands for information to more than 120 companies in recent years -- including telecommunications providers, technology firms and credit agencies -- according to documents released Friday, raising new questions about the government's ability to quietly gather data on people.

Washington Post Business
Sep 20, 2019

Walmart to stop selling all e-cigarettes at U.S. stores, citing ‘regulatory complexity and uncertainty'
The announcement comes months after the country's largest retailer said it would phase out fruit- and dessert-flavored e-cigarettes.

Washington Post Business
Sep 20, 2019

Walmart to stop selling all e-cigarettes, citing ‘regulatory complexity and uncertainty'
The retail giant's announcement follows a rising number of vaping-related deaths and illnesses across the country. Walmart earlier this year phased out the sale of fruit- and dessert-flavored e-cigarettes.

Washington Post Business
Sep 20, 2019

Facebook suspends tens of thousands of apps following data investigation
Facebook said they had investigated millions of apps based on "signals associated with an app's potential to abuse our policies."

Washington Post Business
Sep 20, 2019

Amazon, Google, other tech employees protest in support of climate action
Tech workers walked out Friday to demand better environmentalism from their employers, joining millions of expected protesters around the world.

Washington Post Business
Sep 20, 2019

Chinese officials cancel U.S. farm visits as Trump says he feels no pressure to cut trade deal before 2020 elections
The exclusions, published ahead of trade talks next month, cover products ranging from plastic straws to coffee filters to electric skateboards. The U.S. and China are expected to meet for high-level trade talks next month.

Washington Post Business
Sep 20, 2019

Keeping the Consumer Protection complaints database public is a big win for consumers
The financial industry is bewildering for many. The database helps consumers find their way.

Washington Post Business
Sep 20, 2019

Retire early or keep on working? How to prepare for either choice.
There's no one rule of thumb for everyone

Washington Post Business
Sep 20, 2019

Saudi Attacks Haven't Spooked Oil Enough
A more disjointed energy market is a jumpier energy market.

Washington Post Business
Sep 20, 2019

The latest tool to help police develop empathy for the public: Virtual reality headsets
To help law enforcement officers resolve emergency situations, one company has created empathy training based in virtual reality.

Washington Post Business
Sep 20, 2019

Trump says U.S.-China trade war could go past 2020 election
The exclusions, published ahead of trade talks next month, cover products ranging from plastic straws to coffee filters to electric skateboards. The U.S. and China are expected to meet for high-level trade talks next month.

Washington Post Business
Sep 20, 2019

How an Attack on Saudi Oil Upended a Global Calculus
The Sept. 14 attack on two of Saudi Arabia's biggest crude oil production plants sent shock waves through energy markets and triggered the biggest one-day jump in Brent crude prices on record. In volume terms, the estimated 5.7 million barrels a day of lost Saudi production was the single biggest sudden disruption on record. It underscored how the oil industry, perpetually on edge for political uncertainty and hints of weakness in the global economy, can be badly shaken by a single localized eve

Washington Post Business
Sep 20, 2019

Everything you need to know about upcoming streaming services, in one handy rundown
What streaming companies are really offering

Washington Post Business
Sep 20, 2019

For Clothing Retailers, Breaking Up Is Now Harder to Do
Anxiety about the trade war and uncertainty about real estate pose greater challenges for smaller chains.

Washington Post Business
Sep 20, 2019

Boris Johnson's EU Nemesis Starts to Loosen His Tie
Jean-Claude Juncker says he's not so attached to the Irish backstop. But it's up to the Brits to find something to replace it in his affections.

Washington Post Business
Sep 20, 2019

White House grants tariff exemptions on more than 400 Chinese products
The exclusions, published ahead of trade talks next month, cover products ranging from plastic straws to coffee filters to electric skateboards. The U.S. and China are expected to meet for high-level trade talks next month.

Washington Post Business
Sep 20, 2019

The Technology 202: Zuckerberg and Trump meeting won't solve Facebook's Washington problems
Today, the Facebook chief will huddle with House Democrats.

Washington Post Business
Sep 20, 2019

The Little Law That Made the Internet a Free for All
In 1996, when the internet was still unexplored territory for most Americans, the U.S. Congress passed a telecommunications law that included a provision its supporters meant to protect free speech online. More than 20 years later, that provision, known as Section 230, is seen as crucial to the business models of some of the world's most valuable companies including Facebook Inc. and Alphabet Inc.'s Google -- and as a key factor in the ever-deepening swamp of harassment, toxic behavior and misin

Washington Post Business
Sep 20, 2019

The new Apple upgrade rule: Why the iPhone 11 is — or isn't — for you
We've been testing the news phones and think they're swell — but so was the iPhone X from two years ago.

Washington Post Business
Sep 20, 2019

China confirms detention of American FedEx pilot suspected of smuggling ammunition
The case against Todd A. Hohn threatens to further strain ties between Washington and Beijing amid their trade dispute.

Washington Post Business
Sep 20, 2019

Every Zelda game, ranked
How memorable was the story? How daring were the new features? Gene Park counts down the series from 17 to 1.

Washington Post Business
Sep 20, 2019

China Internet Plays Adjust to a Post-Growth World
The weakest top-line growth in years didn't deter buyers from adapting to a new normal.

Washington Post Business
Sep 20, 2019

Goldman Shows Bright Future for Banks, If Not for Bankers
While the move to automation is shrinking the workforce, it is likely to be a boon for shareholders.

Washington Post Business
Sep 19, 2019

House passes short-term spending bill, punting shutdown fight to November
The legislation extending government funding through Nov. 21 is expected to pass Senate next week

Washington Post Business
Sep 19, 2019

HUD Secretary Ben Carson makes dismissive comments about transgender people, angering agency staff
During his visit to San Francisco this week, the Housing and Urban Development Secretary also lamented that society no longer seemed to know the difference between men and women, according to three people who were present. Carson's remarks, which visibly shocked people at the gathering, are part of a pattern of making dismissive remarks about transgender people. Under his leadership, HUD has moved to weaken Obama-era rules requiring shelters house transgender people with their identified gender.

Washington Post Business
Sep 19, 2019

Commentary: CFPB needs to lift restrictions that discourage minority home buying
If the rules on who is qualified for a mortgage don't adapt, our country's moribund homeownership rate will fall further, particularly for the populations of color that will drive most of the demand for housing for generations to come.

Washington Post Business
Sep 19, 2019

Counting the Toll of U.K.'s Costliest Banking Scandal
It was the costliest scandal in the history of British banking: the mis-selling of payment protection insurance, or PPI, to tens of millions of borrowers who didn't want it, didn't understand what they were buying or whose policies didn't cover what they thought. Starting in 2006, financial regulators began issuing fines over problems with PPI, and a wave of refund requests crashed over U.K. lenders. The period for filing claims has now ended and banks are ready to turn the page. But shareholder

Washington Post Business
Sep 19, 2019

China Internet Companies Slowed But Investors Still Bought
The weakest top-line growth in years didn't deter buyers from adapting to a new normal.

Washington Post Business
Sep 19, 2019

Facebook's Mark Zuckerberg seeks to reassure wary lawmakers about Libra, elections in rare D.C. trip
Facebook chief executive Mark Zuckerberg pledged in a private meeting with lawmakers that the company would not launch its controversial digital currency, called Libra, anywhere in the world until it receives approval from regulators in the United States.

Washington Post Business
Sep 19, 2019

Facebook's Mark Zuckerberg seeks to reassure wary lawmakers in rare D.C. trip
Facebook chief executive Mark Zuckerberg pledged in a private meeting with lawmakers that the company would not launch its controversial digital currency, called Libra, anywhere in the world until it receives approval from regulators in the United States.

Washington Post Business
Sep 19, 2019

Amazon CEO Jeff Bezos announces ‘Climate Pledge' ahead of employee protests
It would require companies to implement decarbonization strategies in line with the Paris agreement and calls on signatories to be at net zero carbon across their businesses by 2040.

Washington Post Business
Sep 19, 2019

Overstock's ex-CEO sells his $90M stake, says he's worried about ‘Deep State'
Patrick Byrne abruptly quit the company last month after saying he had been involved in multiple FBI investigations.

Washington Post Business
Sep 19, 2019

Overstock's former CEO sells off his $90M stake, saying he's worried about ‘Deep State'
Patrick Byrne abruptly quit the company last month after saying he'd been involved in multiple FBI investigations and had romanced Maria Butina — a Russian national later convicted of trying to influence American policy.

Washington Post Business
Sep 19, 2019

Privacy advocates worry that consumer license plate readers are creating a nosier neighborhood watch
License plate scanners were once a law enforcement tool. Now, private citizens have access to this powerful surveillance technology through new starts ups like Flock Safety. But privacy advocates say the implications around the consumer use of license plate scanners are troublesome.

Washington Post Business
Sep 19, 2019

Navient memo raises questions about its student loan servicing practices
Student advocates say the document shows the company intentionally steered borrowers into high-cost repayment options, but Navient says it shows exactly the opposite.

Washington Post Business
Sep 19, 2019

IPO Best in Show Doesn't Go to WeWork, Uber or Lyft
Datadog and its cloud-software pack run circles around the more glamorous breeds.

Washington Post Business
Sep 19, 2019

An ex-lobbyist is Trump's pick for labor secretary. Democrats found anti-gay op-eds he wrote in college.
Eugene Scalia defended the theme park SeaWorld as it contested federal violations stemming from the death of a trainer after an orca whale thrashed her around a pool, a focal point of the documentary "Blackfish."

Washington Post Business
Sep 19, 2019

The Repo Market's a Mess. (What's the Repo Market?)
When plumbing works well, you don't need to think about it. That's usually the case with a vital but obscure part of the financial system known as the repo market, where vast amounts of cash and collateral are swapped every day. But when it springs a leak, as it did this week, it rivets the attention of the U.S. Federal Reserve, the nation's largest banks, money-market funds, corporations and other big investors. The Fed calmed things down by pumping in billions of dollars, but it may have a lot

Washington Post Business
Sep 19, 2019

Trump is demanding low or even zero interest rates. But there is a real downside.
Low interest rates hurt people who depend on investments, especially retirees with modest incomes.

Washington Post Business
Sep 19, 2019

Trump says Fed Chair Jerome Powell's job is ‘safe' after slamming him for having ‘no guts'
When asked directly about the Federal Reserve chief, the president responded with rare ambivalence: "Yeah, it's safe. I mean, sure. Why not?"

Washington Post Business
Sep 19, 2019

Timing Is Everything for AT&T to Drop DirecTV
A combination with Dish makes sense, but it may have to wait on the outcome of a phone industry merger.

Washington Post Business
Sep 19, 2019

You watch TV; it watches back: How smart TVs track what's on our screens
In our latest privacy experiment, we examined how four of the most popular TV brands record what we watch. And they're doing it because, legally speaking, tens of millions of us gave our permission.

Washington Post Business
Sep 19, 2019

Americans agree on one thing: Unions matter
There has been a surge in strikes as American workers fight for better wages, benefits and job conditions.

Washington Post Business
Sep 19, 2019

Amazon CEO Jeff Bezos announces new ‘Climate Pledge' ahead of employee protests
The pledge would require companies to implement decarbonization strategies in line with the Paris agreement and calls on signatories to be at net zero carbon across their businesses by 2040.

Washington Post Business
Sep 19, 2019

Apple's iOS 13 adds enough features that you may not need an iPhone 11
Apple's iOS 13 update is here for the iPhone, and it's dark.

Washington Post Business
Sep 19, 2019

Facebook's Mark Zuckerberg dined with lawmakers last night. Privacy and cryptocurrency were on the menu.
Facebook chief executive Mark Zuckerberg heard an earful from Democratic lawmakers Wednesday night about everything from his company's data collection practices to its cryptocurrency plans, a preview of the issues he could face during a visit to Capitol Hill this week.

Washington Post Business
Sep 19, 2019

Mortgage rates shoot up following bond market sell-off
The 30-year fixed-rate average saw its biggest one-week increase in nearly a year, rising to 3.73 percent.

Washington Post Business
Sep 19, 2019

Nintendo's Switch Lite is the most comfortable handheld gaming device ever created
Comfortable and capable, the Switch Lite is the definitive Nintendo handheld device.

Washington Post Business
Sep 19, 2019

Purdue Pharma, facing lawsuits and bankruptcy, wants to pay ‘certain employees' $34 million in bonuses
As plaintiffs seek billions from the pharmaceutical giant, it's attorneys told a judge that the company "is not an easy place to work right now."

Washington Post Business
Sep 19, 2019

Saudi Arabia's oil troubles don't rattle the U.S. as they used to
American oil production has more than doubled since the 2000s, making the economy less vulnerable to oil price shocks.

Washington Post Business
Sep 19, 2019

Germany is Having an Existential Crisis About Cars
With the contradiction between Germans' climate anxiety and their love of huge SUVs, it's no surprise that carmakers are struggling.

Washington Post Business
Sep 19, 2019

The Cannabis Market Is Looking Up, Even If Cannabis Stocks Aren't
The outlook for the industry is upbeat, but it's hard to tell which companies will prosper.

Washington Post Business
Sep 19, 2019

Enticed by low mortgage rates? Here are other factors you should weigh when determining whether to buy.
Low rates aren't everything. You should also consider how long you will stay in the home before moving and whether you will recoup your transaction costs.

Washington Post Business
Sep 19, 2019

Americans agree on one thing. Unions matter.
There has been a surge in strikes as American workers fight for better wages, benefits and job conditions.

Washington Post Business
Sep 19, 2019

Swedish Buyout Giant EQT Wants a Blackstone Valuation
IPO investors need to be believe that EQT's fundraising success is sustainable.

Washington Post Business
Sep 19, 2019

The British Company That Doesn't Fear a Hard Brexit
Next is facing a sales slowdown but is better placed than most retailers if the U.K. crashes out of the European Union.

Washington Post Business
Sep 19, 2019

More states are trying to protect black employees who want to wear natural hairstyles at work
It's still legal in most states to ban natural hair styles like braids or dreadlocks. But several state legislators -- and a coalition of civil rights groups -- are trying to change that

Washington Post Business
Sep 19, 2019

‘Seinfeld' for $500 million? ‘The Big Bang Theory' for $1 billion? The streaming arms race has a big problem.
Everyone's spending millions on old TV shows, but nobody knows why.

Washington Post Business
Sep 19, 2019

Deutsche Bank Faces Yet More Awkward Questions
The ECB is considering a probe of the bank for alleged trading in its own riskiest debt without approval. This is a big test for the regulator too.

Washington Post Business
Sep 19, 2019

Why It's Another Bad Year for Indonesia Forest Fires
An annual nuisance, stinging smoke from massive wildfires is blanketing parts of Indonesia, Malaysia and Singapore this year on a greater than usual scale. Most of the blazes result from illegal slash-and-burn methods used to clear farmland for cash crops such as palm oil, a technique that persists despite years of government efforts to stamp it out. The haze is not only unhealthy -- thousands of people have reported acute respiratory illnesses -- but it has a wide impact, disrupting air travel

Washington Post Business
Sep 19, 2019

While the Fed Has No ‘Guts,' the PBOC Is on Steroids
The U.S. central bank had an embarrassing week, after a liquidity crunch in a key funding market. China, by contrast, has a well-oiled routine.

Washington Post Business
Sep 19, 2019

‘We blew it': Forbes named 99 men and only one woman on its list of ‘most innovative leaders'
A Twitterstorm erupted after the list, developed by business professors and published by Forbes, included only one woman. Forbes has created a task force in response.

Washington Post Business
Sep 19, 2019

How the lawsuits against student loan servicer Navient could affect you
California's attorney general filed a lawsuit against Navient and two of its subsidiaries, Pioneer and General Revenue Corp., alleging misconduct.

Washington Post Business
Sep 19, 2019

How Brexit Could Unleash a U.K. Constitutional Crisis
U.K. Prime Minister Boris Johnson, who took office in July, unleashed a storm of controversy in Britain with his move to suspend Parliament. He argued that the mid-September recess -- weeks earlier than is customary -- was a routine step bringing one legislative session to a close and allowing a new one to take up his policy agenda in October. But it also meant that Parliament would be sidelined as Britain approached a deadline that could see it exit the European Union without a negotiated trans

Washington Post Business
Sep 19, 2019

How Brazil Could Tame Taxes Without Cutting Them
Brazil is known for its complex business environment, and its byzantine tax system is a big reason why. According to the World Bank's Doing Business rankings, Brazil is the world's seventh-worst place to have to pay taxes, roughly on par with the Republic of Congo and Bolivia. President Jair Bolsonaro's government, continuing to tackle some of the most vexing issues facing Latin America's largest economy, hopes to simplify taxes for both business and ordinary citizens, a goal that eluded prior h

Washington Post Business
Sep 19, 2019

Why the ECB Is Stuffing Free Money Into Bank Pockets Again
The European Central Bank is throwing every tool it has at the sluggish euro zone economy. Starting on Sept. 19, it's making a generous funding offer to lenders in the region, returning to an approach it used twice before in the past five years to stimulate growth. It has also tweaked its negative interest rate policy to limit the punitive side effects.

Washington Post Business
Sep 18, 2019

This Less-Known Singapore Property Play Pays 51%
New breed of global REITs leverages tiny country's growing appeal for hosting offshore data centers.

Washington Post Business
Sep 18, 2019

Lawyer who built Humana into a health insurance giant dies at 88
Jones turned a $1,000 investment into America's largest nursing-home chain, then made it a hospital giant and finally a $37 billion health insurance corporation.

Washington Post Business
Sep 18, 2019

Spending bill would avert shutdown, keep government open through Nov. 21
The short-term legislation would punt fights over President Trump's border wall until later in the year.

Washington Post Business
Sep 18, 2019

Nearly 50,000 General Motors employees go on strike after union talks break down
About 49,000 General Motors employees walked off the job at midnight Monday after negotiations between their union and the Detroit car giant unraveled.

Washington Post Business
Sep 18, 2019

David Jones, who built Humana into a health insurance giant, dies at 88
His $37 billion company began as a chain of nursing homes.

Washington Post Business
Sep 18, 2019

Federal Reserve makes small interest rate cut. Trump slams central bank for having ‘no guts.'
The U.S. benchmark interest rate is now just shy of 2 percent, down from about 2.25 percent. The move was widely expected and falls well short of Trump's call for a "big" cut.

Washington Post Business
Sep 18, 2019

Group of top CEOs says maximizing shareholder profits no longer can be the primary goal of corporations
The new statement, released Monday by the Business Roundtable -- whose members are CEOs of America's largest companies -- suggests balancing the needs of a company's various constituencies and comes at a time of widening income inequality, rising expectations for corporate behavior and proposals from Democratic lawmakers that aim to restructure American capitalism.

Washington Post Business
Sep 18, 2019

What to watch for now that CEOs have rewritten the purpose of the corporation
The Business Roundtable has abandoned shareholder primacy and embraced stakeholder capitalism.

Washington Post Business
Sep 18, 2019

What do your parents owe you when they die?
The way a will is handled can permanently change a family

Washington Post Business
Sep 18, 2019

Why Tensions Between the U.S. and Iran Fuel Fears of War
Though the U.S. and Iran have lived in a state of hostility for decades, rarely have relations been as tense as in recent months. The U.S. is trying to deprive Iran of oil revenue, the lifeblood of its economy. Iran's been accused of responding by attacking Saudi oil facilities and sabotaging oil tankers in the Persian Gulf. With the U.S. stepping up its military presence in the region, and Iran exceeding limits it agreed to on its nuclear program, the risk is that a miscalculation could lead to

Washington Post Business
Sep 18, 2019

Trump HUD appointee's Twitter ‘likes' violated federal law. She will not be punished.
Lynne Patton violated the Hatch Act with her Twitter "likes."

Washington Post Business
Sep 18, 2019

Purdue Pharma's bankruptcy plan includes special protection for the Sackler family fortune
Purdue has said it will ask the bankruptcy judge to take the unusual step of halting more than two dozen lawsuits by state attorneys general against the Sackler family, which Forbes estimates is one of the wealthiest families in the country worth $13 billion.

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