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

Dutch medical device maker Philips said Monday it had reached a $1.1 billion deal in the United States to settle lawsuits ...

Philips said it had agreed to pay $1.1 billion to settle all personal injury claims filed in the U.S., ending uncertainty that had slashed its market value over the past three years.

Philips said the settlement payments are expected to take place in 2025 and will be funded through cash flow generation.

Philips, which has recalled millions of CPAP machines, announced a $1.1 billion settlement Monday to resolve litigation in the United States over faulty sleep apnea devices. (Rachel Wisniewski for ...

During its first-quarter earnings report this week, Philips, the health technology company, announced it agreed to pay $1.1 ...

Medical device company Philips reached a settlement Monday to shell out $1.1 billion to cover hundreds of personal injury lawsuits linked to its respiration and sleep apnea machines. The ...

Philips’ market valuation still remains 35% lower than before the start of the issues, which have seen the company swap out its chief executive officer and cut 10,000 positions to save costs.

Shares of medical giant Philips surged Monday after the company announced that it paid over a billion dollars to settle personal injury claims tied to its recalled sleep apnea devices.

Congrats on (finally) getting your first air fryer! Now, why don't you try making these appetizing air fryer recipes? The ...

The best value bundle and a great buy if you want to dip your toe into the world of smart lights is this Philips Hue Bulbs (2 ...

All three models boast "double-layer stainless steel blades imported from Sweden" for a clean, comfortable shave.