Royal Philips said it has reached a $1.1 billion settlement in the U.S. related its Respironics ventilators, and backed its full-year guidance. The Dutch health-technology group said Monday that ...

Dutch electronics company Philips has agreed to a massive $1.1 billion settlement to resolve lawsuits linked to its CPAP and ventilator machines consumers were using for sleep apnea. Consumers who ...

Royal Philips said it has reached a $1.1 billion settlement in the U.S. related its Respironics ventilators, and backed its full-year guidance. The Dutch health-technology group said Monday that ...

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 ...

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 manufacturer ...

Hollie Adams—Bloomberg/Getty Images Royal Philips NV shares soared by a record after a lower-than-expected settlement on US claims linked to faulty sleep apnea devices, stoking hopes the ...

Millions of CPAP sleep apnea machines made by the medical device maker Philips and a subsidiary were found to have a dangerous problem, triggering consumer lawsuits and a massive recall in 2021.

As mentioned last week, both are expected to roll out net profits of about $3.5 billion, with Westpac down about 13 per cent on a year ago, and ANZ likely to be down about 10 per cent.

The billion-dollar Powerball jackpot keeps on climbing! Originally estimated at $1.23 billion after Wednesday's drawing, the jackpot rose to an estimated $1.30 billion on Friday based on "strong ...