Philips stock soars on CPAP breathing machine recall settlement
The Dutch medical device maker said it has agreed to pay $1.1 billion to settle personal injury claims related to its recalled sleep apnea machines
Source: qz.com
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The Dutch medical device maker said it has agreed to pay $1.1 billion to settle personal injury claims related to its recalled sleep apnea machines
Glass Lewis endorsed the slate of Ancora Holdings, the hedge fund seeking changes at the rail giant
The yen surged back to 155-160 per dollar in a few hours
The company is investing $9 billion to open 800 new stores in the U.S. as part of a five-year expansion plan
It's the third inquiry launched by U.S. safety regulators into the technology in recent months