World

States: Sackler family members abusing bankruptcy process

A federal judge should reject a sweeping settlement to thousands of lawsuits against OxyContin maker Purdue Pharma, a group of states said at a hearing Tuesday, arguing that the protections it extends to members of the Sackler family who own the firm are improper.

Facebook ordered to sell off Giphy

The U.K.'s antitrust watchdog has blocked Facebook's acquisition of Giphy and ordered the social network to sell off the GIF-sharing platform, saying the deal stifes competition.

Turks abandon the lira for dollars as currency crisis deepens

A currency crisis is battering Turks’ confidence in their government’s ability to manage the economy, causing droves of people to buy U.S. dollars and sending crowds of people into the streets to oppose President Recep Tayyip Erdogan’s policies.

Activists block Amazon warehouses in Europe on Black Friday

Climate activists blockaded Amazon warehouses in three European countries on Friday, part of a global effort to pressure the e-commerce giant on one of its busiest days of the year to improve working conditions and end business practices that hurt the environment.

California denies most fracking permits ahead of 2024 ban

California regulators haven't approved permits for the controversial oil and gas extraction process known as fracking since February, effectively phasing out the process ahead of Gov. Gavin Newsom's 2024 deadline to end it.