The settlement forces the Sackler family to give up control of the Stamford, Connecticut-based business, according to the Associated Press, while the company will pay up to $12 billion over time.
Assembly Bill 5, which the state Senate approved on Tuesday, would require employers to treat independent contractors — like Lyft and Uber drivers — as regular employees.
JPMorgan has developed a new index to track the impact that President Trump's tweets have on the market. The so-called Volfefe Index will specifically examine how the president's tweets affect U.S. Treasury yields.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Despite the economy's sustained growth, the jobs added in August were less than the nearly 160,000 expected by analysts. Monthly employment growth so far this year now averages 158,000, which remains well below 223,000 average monthly gains in 2018.
British lawmakers are set to vote again Monday on whether or not to hold a general election next month as the UK continues to wrestle with the looming Brexit deadline.
Ten of the top Democratic candidates for president presented their plans to tackle climate change during a marathon, seven-hour town hall broadcast live on CNN Wednesday.
