settlement

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Eli Lilly Could Pay $1B Settlement
Eli Lilly Could Pay $1B Settlement

Eli Lilly Could Pay $1B Settlement

Fine for illegally promoting antipsychotic drug Zyprexa would be biggest ever

(Newser) - Drug-maker Eli Lilly could pay more than $1 billion to state and federal authorities to settle an investigation into how the company marketed an antipsychotic drug, the New York Times reports. In 2000-03, Lilly pushed doctors to prescribe Zyprexa as a treatment for age-related dementia—though the drug is approved...

Diamonds Are a Girl's Best Refund
Diamonds
Are a Girl's
Best Refund

Diamonds Are a Girl's Best Refund

Class-action suit forces gem giant De Beers to cut consumers a check

(Newser) - If you bought a diamond—any diamond—between 1994 and 2006, De Beers owes you money. The jewelry behemoth recently settled a class-action lawsuit that accused it of driving up diamond prices with monopolistic practices. To compensate, it will pay consumers up to 59% of their bling’s original price....

Mideast Talks Tackle 'Core Issues'
Mideast Talks Tackle
'Core Issues'

Mideast Talks Tackle 'Core Issues'

Two parties threaten to leave Olmert's governing coalition

(Newser) - Talks opened today between high-level Israeli and Palestinian negotiators as leaders on both sides faced intensifying criticism from within their own camps. Israeli PM Ehud Olmert was threatened with the withdrawal of two political parties from his governing coalition if sensitive subjects such as a divided Jerusalem are broached, and...

Bush Sees Palestinian State Deal 'Within Year'

But also backs controversial Israeli settlements

(Newser) - President Bush announced today after a historic meeting with Palestinian President Mahmoud Abbas that he envisions an independent Palestinian state within a year—just hours after he also vowed to back a decision by Israel to create settlements in disputed parts of Jerusalem, over international objections. The president's juggling demonstrates...

Israel Won't Freeze Settlement Activity

Construction plans stymie peace talks

(Newser) - Israel-Palestine negotiations hit a stumbling block today as Israeli PM Ehud Olmert rejected Palestinian president Mahmoud Abbas' call for an end to all settlement activity, Reuters reports. The impasse has been exacerbated by Israel's announcement of new plans to construct hundreds of houses near East Jerusalem, the proposed site of...

Olmert, Abbas to Meet to Salvage Talks

Contested settlement threatens to undo Annapolis process

(Newser) - Ehud Olmert and Mahmoud Abbas will meet tomorrow in hopes of resolving the settlement crisis that is threatening to derail the Annapolis peace process. Haaretz reports that the Israeli PM and the Palestinian leader will discuss a contested tender by the Israeli housing ministry for 307 homes to be constructed...

Israel Plans to Expand Settlements
Israel Plans
to Expand Settlements

Israel Plans to Expand Settlements

West Bank building plans do not help peace talks with Palestinians

(Newser) - The road to Arab-Israeli peace could take yet another detour, the New York Times says, after Israel announced plans today to seek funding for the expansion of two Jewish settlements in areas Palestinians hope to claim for a future state. The two sides are expected to meet tomorrow, but Palestine’...

Chicago to Pay $20M in Cop Torture Cases

Inmates say police tortured them into confessions in '70s

(Newser) - The city of Chicago has agreed to pay almost $20 million to settle lawsuits by four black men who alleged they were tortured into false confessions by police, the New York Times reports. The settlement with the former death row inmates, pardoned in 2003, "speaks volumes about the seriousness...

$37M Deal for Priest Sex Victims
$37M Deal for Priest Sex Victims 

$37M Deal for Priest Sex Victims

Iowa bishop apologizes for abuse

(Newser) - A Catholic diocese in Iowa has agreed to pay $37 million to settle claims by 156 people who charge they were sexually abused by priests. The deal clears the way for the diocese to emerge from bankruptcy declared last year after a jury awarded $1.5 million to a single...

Yahoo Settles With Chinese Journalists

After turning over data, it will pay 2 men jailed by Beijing

(Newser) - One week after being labeled moral “pygmies” in a House hearing, Yahoo settled a lawsuit  brought by two Chinese journalists jailed when the Internet giant turned over their personal data to Beijing. The two men, now serving 10-year sentences on charges of leaking state secrets, sued Yahoo for providing...

Merck to Settle Suits for $4.85B
Merck to Settle Suits for $4.85B

Merck to Settle Suits for $4.85B

Deal will be official once 85% of plaintiffs agree

(Newser) - Merck has agreed to shell out $4.85 billion to settle 27,000 Vioxx lawsuits brought by plaintiffs who argued that the pain medication damaged health and caused deaths. The agreement, one of the largest in history, must still be approved by 85% of the plaintiffs, but it's likely to...

EPA Wins Record $4.6B Acid Rain Settlement

Power company must install equipment to drastically reduce emissions

(Newser) - American Electrical Power will spend $4.6 billion to drastically reduce  harmful emissions at coal-burning plants in five states in the largest pollution settlement in Justice Department history, CNN reports. Under the deal, to be announced today, the Ohio-based company must also pay an additional $60 million on cleanup and...

Laity, Clergy Asked to Defray Sex Abuse Costs

San Diego bishop draws support from pulpit, less backing from pews

(Newser) - The San Diego Diocese is turning over every stone to pay its $198.1 million settlement to sexual abuse victims, asking both priests and parishioners to chip in. Clerics are apparently willing—many will donate a month’s salary—but parishioner responses are far less positive, the LA Times reports....

Nuns' Home Will Fund Priest Sex Abuse Payment

LA archdiocese, facing $660M settlement, issues eviction notice

(Newser) - The LA Archdiocese has notified three nuns that their Santa Barbara convent will be sold to help pay the $660 million settlement with victims of sexual abuse by priests. They received only a letter requesting they vacate by year's end, the Los Angeles Times reports. “We're not even worth...

Lawsuits Settled for $13M in RI Club Fire

Agreement with relatives still needs approval by a judge

(Newser) - Relatives of those killed in the 2003 Rhode Island nightclub fire have tentatively agreed to a $13.5 million settlement with several of the defendants sued over the blaze. A hundred people died and 200 others were injured. The companies involved in the settlement include the manufacturer of the foam...

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