A last-minute deal between defendants McKesson, Cardinal Health, AmerisourceBergen, and Teva and plaintiffs’ attorneys means that multidistrict opioid epidemic litigation set to kick off in Ohio federal court today will not feature them, though Walgreens could still see the courtroom today – WSJ
In today’s “Don’t count your departures from coalitions of states before they hatch” news, the British Parliament succeeded in wresting control of the Brexit process away from PM Boris Johnson. The Parliament’s move to delay approval of any deal forced Boris to very begrudgingly ask the EU for another extension (while criticizing the move along the way) – NYTimes and WSJ and Bloomberg and MarketWatch
Federal authorities have arrested Bryan Cohen, a Goldman Sachs vice president, over allegations of insider trading. Cohen purportedly leaked “nonpublic information for almost three years in exchange for cash as part of an international insider trading scheme that led to $2.6 million in illicit gains” – Bloomberg
A new FAA report shows that a senior Boeing pilot raised serious concerns about the 737 MAX as early as 2016—concerns the company didn’t share with regulators until just this year – WSJ and Bloomberg and NYTimes
GM workers’ may be ending this week, while teachers’ in Chicago is just getting going—a consideration of strikes in October 2019 and what they mean in this time of nearly full employment in the U.S. – NYTimes
Johnson & Johnson, mired in a wave of lawsuits accusing its talc products of causing cancer despite “insisting that its baby powder is safe,” only added fuel to the legal fire this weekend by recalling 33,000 bottles of the stuff late Friday after the FDA discovered “evidence of asbestos, a known carcinogen, in one of the bottles” – NYTimes and MarketWatch
Succession planning, Icahn style, means calling one’s son and heir apparent the “leading candidate” to take one’s hot seat and making the point to let everyone know that one’s not out the door yet – WSJ
SCOTUS has agreed to weigh the constitutionality of the Consumer Financial Protection Bureau’s structure, “positioning the justices to settle long-standing questions surrounding the legitimacy of the independent agency’s single-director design” – Law360
The streaming wars are set to pay off handsomely for Trey and Matt (and Viacom), as “South Park” appears likely to take in a staggering $500 million for the right to stream the show that’s currently available on Hulu – Bloomberg
With a state court judge denying a spate of pretrial motions last week, Exxon Mobil is set to begin trial tomorrow “to fight claims it deceived investors about climate change risks to its business, the culmination of a multiyear, publicly fought battle between New York state and the oil giant” – Law360 and WSJ
Oracle announced that co-CEO Mark Hurd, who stepped aside for health reasons last month, has died. Hurd had co-helmed the tech company since 2010, when he arrived there from Hewlett-Packard – NYTimes and WSJ
The Times gives us this glorious look behind the scenes at the creation of the Guggenheim, Frank Lloyd Wright’s spiraling masterwork that turns 60 this month and manages to endure as a “landmark of sculptural architecture” – NYTimes