Dutch medical device maker Philips says it's reached a $1.1 billion deal in the United States to settle lawsuits over faulty ...
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.
During its first-quarter earnings report this week, Philips, the health technology company, announced it agreed to pay $1.1 ...
Philips said the settlement payments are expected to take place in 2025 and will be funded through cash flow generation.
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.
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 ...
T he Tennessee Titans are signing free-agent wide receiver Tyler Boyd to a one-year contract. The deal is worth “up to” $4.5 ...
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.
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.