Page 39 - Philips News Today

Philips shares soared Monday after the company agreed a $1.1 billion settlement in a U.S. case linked to the recall of some of its sleep apnea devices.

Payout includes medical monitoring claims from patients who used company's CPAP, BiPAP machines

Dutch medical device maker Philips said Monday it had reached a $1.1 billion deal in the United States to settle lawsuits over faulty sleep machines in a case that has rocked the company. Earlier this year, the company said it would halt new sales of the machines in the United States following a series of recalls of the devices made by subsidiary Philips Respironics.

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From electronics to beauty offers and appliances, these are the offers to watch over the week ahead

Dutch medical device maker Philips says it's reached a $1.1 billion deal in the United States to settle lawsuits over faulty sleep machines in a case that's rocked the company.

Medical device maker Philips said Monday it will pay $1.1-billion to settle hundreds of personal injury lawsuits in the U.S. over its defective sleep apnea…

The Philips 55OLED+908 ticks most of the boxes with a bright, richly colourful performance and excellent sound system for a TV.

The yen rebounded Monday from a 34-year low against the dollar after what some traders speculate could have been the first intervention by Japanese authorities to support the weakening currency