On Wednesday, GSK plc ( GSK ) reached agreements with ten plaintiff firms representing approximately 80,000 Zantac product liability cases in the U.S. state courts. These cases account for 93% of the Zantac (ranitidine) lawsuits currently pending against the company. Under these agreements, GSK will pay up to $2.2 billion to resolve the claims, contingent upon eligibility and participation criteria....

WASHINGTON, Oct 9 (Reuters) - Lockheed Martin ( LMT ) announced on Wednesday that Chauncey McIntosh been appointed vice president and general manager of the F-35 Lightning II Program, effective Dec. 1. McIntosh will replace Bridget Lauderdale, who will retire at the end of the year after a 38-year career with the aerospace giant. McIntosh will inherit an F-35 program...

Faraday Future Intelligent Electric Inc. ( FFIE ) stock is trading higher on Wednesday after the company announced it received a 10% stake in Grow Fandor. The Details: The shares were originally held by YT Jia, Founder and Chief Product User Ecosystem Officer of Faraday Future. The transferred shares made up almost 60% of Jia’s personal shares. “FF is honored...

01:34 PM EDT, 10/09/2024 (MT Newswires) -- Marriott International ( MAR ) said Wednesday it agreed to a resolution with the Federal Trade Commission and a $52 million settlement with 49 US state attorney generals and the District of Columbia over an alleged data breach incident. The company said it also agreed to continue improving its data privacy and information...