Coloplast A/S, the Danish maker of medical products, agreed to pay about $16 million to settle lawsuits accusing it of injuring women with its vaginal-mesh inserts, three people familiar with the accord said.
A judge’s decision throwing out Virginia’s ban on gay marriage as a violation of the U.S. Constitution extends to seven the win streak for proponents of same-sex unions racing to get back to the U.S. Supreme Court.
Merck & Co. agreed to pay $100 million to settle several thousand lawsuits alleging the drugmaker’s NuvaRing contraceptive device causes potentially fatal blood clots, two people familiar with the accord said.
The National Football League’s $914 million settlement of claims tied to player concussions was denied preliminary approval by a federal judge who said she is concerned that not all players will be paid.
Federal Reserve Bank of Richmond President Jeffrey Lacker said plans to limit the size or change the structure of the largest financial institutions must be made with the intent of allowing a failure without government aid.
President Barack Obama campaigned to sell his $447 billion jobs proposal, telling voters in the battleground state of Virginia that they deserve action on the economy and encouraging them to pressure lawmakers.
Johnson & Johnson will pay more than $4 billion to resolve thousands of lawsuits over its recalled hip implants in the largest settlement of U.S. legal claims for a medical device, three people familiar with the deal said.