The big picture: The deal would reportedly result in the maker of OxyContin entering bankruptcy and the Sackler family owners paying $3 billion over 7 years, among other terms. Some states still aren't on board with the proposal and may pursue Purdue and the Sacklers further, NYT reports. But the first major deal appears imminent ahead of the scheduled October trial.
CEO indictment hangs over latest startup Pronto.ai
Tuesday's indictment of former Uber executive Anthony Levandowski for allegedly stealing trade secrets when he worked at Google puts his latest self-driving technology company, Pronto.ai, in a tough spot.
The big picture: The San Francisco-based startup, believed to be funded mostly by Levandowski himself, has been working on aftermarket kits to outfit heavy-duty trucks with driver-assistance technology.