tonight, purdue pharma said the plan is fair and in the public interest. sackler family members said while they dispute allegations about their family, "we are truly sorry for the suffering and loss people have experienced." >> what does it say to you? >> it says to me, they could care less. >> reporter: so you come here how may times a week? >> three or four. >> reporter: is there a message that you're sending to your son? >> that your death should have never happened. and i'm sorry i didn't do what i could do, but i'm doing what i can do now." >> reporter: anna werner, cbs news, duxbury, massachusetts. >> o'donnell: well, still ahead on tonight's "cbs evening news," two years later, police officers and paramedics are charged in the death of elijah mcclain. and how to keep her spirits up. [announcer] you can quit. call 1-800-quit now for help getting free medication. hey rita, with 3% cash back on dining including takeout from chase freedom unlimited, you're always earning! then this is officially a takeout week. that's a good choice, rita. bon appetit. e

there's woman who's a legal secretary at purdue pharma who works in the same floor as the sacklers and gets of the oxycontin. i tried to situate these people as close to the company and the family as i could to show it's not just some remote person who they would never meet, like a some who works w on the same flr as you. which isu hunch statistically somebody in the sackler family had tock struggld with addiction. i mean there's so many of them that it just makes sense that somebody would've had to. i asked her if it happened a lot? this is a theory i had, and i couldn't really get any answers. i can't tell you i'm afraid exactly how it came to me but a source told me there was one of the sacklers who committed suicidee in 1975, and his name was bobby sackler. he was the son of mortimer sackler who was one of the two brothers who ran purdue pharma for years, purdue frederick as it was known then. i started asking around and i spoke to a friend of his mothers who said he had a drug problem, and then i found a deposition that kathe sackler his sister had done in which she talks -- it's

so just by way of context if people don't know the story, purdue pharma owned by sackler family releasescontin in 1986. the company and the family have long claimed they did not know there were any real problems until four years later they only knew when they read about it in the press that people were abusing oxycontin or growing addicted and overdosing and dying. so what i could conclusively demonstrate that is not true. they knew long before 2000 and not too long after the drug had been released that they were promoting as nonaddictive and actually was causing problems for a lot of people. and the response for the family and the company is interesting because i do think another family or another company might have had a moment of alarm. and said wait a second. we have to take a hard look at what we're doing here. like at how aggressive they were being in promoting it. are we contributing to the problem? so there are two kinds of people and then they never have a problem they never get addicted they take it as directed they are responsible and good citizens and they have access to the

by way of context for people who may not know the story or have read the book, purdue pharma released oxycontin in 1996 and the company of the family has long claimed they didn't know there were any real problems until four years later when they start -- the only new when they read about it that people were abusing oxycontin, growing addicted to it, overdosing and dying in one thing i was able to conclusively demonstrate in the book is that's not true, they knew long before 2000, not too long after the drug had been released, this drug they been promoting is impossible to abuse, it's not addictive, actually was causing real problems for a lot of people. the response from the family and the company is interesting because i do think another family, another company might have had a moment of alarm and said wait a second, we got to take a hard look at what we are doing here and not necessarily pull the drug from the shelf but look at their marketing, look at the claims they are making about the drug, look how aggressive they are being in promoting ask, are we contributing to this problem?

his name was bob the sackler and he was the son of mortimer is one of the two brothers who ran purdue pharma. so i started to ask around and i spoke to a friend of his mother's who said he had a drug problem and then we found a deposition that his sister had died inki which it something you might not pay attention to unless you knew the information where talking about the heroine crisis in the seventies i have friends and relatives that struggled with this and then moves on. she is a particular about her brother but bobby has been erased. there is no history about him anywhere. no memorials. there is a grave that i found. but i kept pushing and eventually i trackeded down the doorman who was on duty the day that he died who witnessed him. he jumped out of the window and died on the sidewalk and the doorman was there that day and spoke to his mother in the hours afterwards and then i tracked down a housekeeper who worked for the family for three decades and she was called in to help take care of things in the immediate aftermath. so it was a very tragic story but what was so striking is that

the plan effectively dissolves the company purdue pharma.mbers of the wealthy sackler family — will have to turn over billions of dollars to help combat the opioid epidemic in america. but the agreement will largely absolve the sacklers of any liability or future lawsuits. our business correspondent in new york, samira hussain, explains. in this plan, the drug maker purdue pharma will shift all of its assets — currently valued at above $10 billion — into a new company owned by a trust that will focus solely on combating the deadly opioid epidemic in america, which has already killed more than half a million people across the country. now the agreement ends thousands of lawsuits brought by state and local governments, hospitals and individuals against the pharmaceutical company for aggressively marketing the painkiller oxycontin, while playing down its abuse and overdose risks. but the provision shielding the sackler family from any future litigation was also approved, despite opposition from many officials. the sacklers have denied the alleg

related to purdue pharma.ily, key portions of the plan were seeing some members of the family pay about 4.5 billion dollars plus have to walk away from the pharmaceutical industry. no ruling yet on the purdue pharmaceutical to settle the claims. you had a humongous draw, 7.1 million barrel draw last week. there's a lot going on in the market, particularly the opec plus. head of research of global commodities and derivatives research. it is so good to talk to you. i want to start with the inventory numbers. where are we in the u.s. in terms of reduction? >> in our view going forward, those inventory draws. what we are going to see is more supply. it would continue to do so for a while. we are also going to see a fair amount. the u.s. taking the lions share of the oil. we are going to see more supply and a slowdown in the demand growth pattern. alix: i saw the producers were going to be super disciplined. >> that's true for the list of names in the international oil companies, oil makers. it is not true for smal

purdue pharma also had no comment.rom his high school and a cheerleader all buried in the cemetery from opioid overdose -- >> you hear $4.3 billion, that's a big number, but $48,000 per family, per victim in that's not a big for when you think about lawsuits. and then also what this doesn't include that's true lliley pric is an acknowledgment of guilt on back of the sacklers. >> and a lot of rage. they want an apology. like tony lagreca he said it's his mission to go after the sacklers. >> i believe he will not stop until he does that. i do feel for the other people whose name is sackler that had information to do with this when he says i'm going to demonize the name. the sacklers insist they did nothing wrong. the numbers show otherwise, though. >> mr. lagreca going to the baseball field where his son used to play and saying -- teenager when he was happy, no drugs, that's just absolutely heartbreaking. >> first time he's been back since his son died. hard to go there. >> thank you so much. we appreciate it. >>> ahead,

a usjudge says he'll approve 0xycontin maker purdue pharma's bankruptcy reorganisation plan.rotects the company's wealthy sacklerfamily owners from future opioid litigation. ryan hampton is an addiction recovery advocate — in recovery himself from a decade—long opioid addiction. he was also the co—chair of the committee of creditors overseeing the purdue pharma bankruptcy, appointed by the department ofjustice — until he resigned earlier today. thank you forjoining us here on bbc world news. does this ruling draw a line under the affairfor you? ruling draw a line under the affair for you?— ruling draw a line under the affair for you? you know, this rulin: affair for you? you know, this ruling today — affair for you? you know, this ruling today has _ affair for you? you know, this ruling today has been - affair for you? you know, this ruling today has been a - ruling today has been a tremendous amount of grief. i believe that this ruling has left many victims behind who were harmed. the family are essentially walking away scot free. contributing 11.3 billion dollars into the b

i can tell you from experience having gone to purdue pharma but also the sackler's themselves with many queries around, i said you said this but how do you reconcile that with this e-mail which seems to say something different? they never respond to those questions. they never ever arere like us explain thee discrepancy, they just ignore those which i think is reviewing. >> they blamed the abusers, like me and you. >> they question my integrity, youu. >> we've got at least 500,000 dead from the opioid crisis, probably many more. we've got at least 2.6 million americans addicted and this is a question from ed bish why think you wrote about, i write about, he lost his 18-year-old son, eddie to an oxycontin overdose in 2001 and has spent all of pretty much the following 20 years peerless they trying to hold purdue and sackler's accountable everr since so ed would like to know, we know now that in 2007 calling for jail time was buried by the d.o.j. and we know how the d.o.j. made a big deal about it being a record fine, 634th million but no one went to jail and purdue and the sackler's went

purdue pharma was, uh, for purdue farmers owners, the sackler family will pay out more than $4 billiono address the opioid epidemic. it's killed more than 500,000 americans. the settlement also does not protect the family against potential criminal actions. now to the theranos trial of elizabeth holmes. tonight we are one step closer to opening statements after day two of jury selection homes is facing federal fraud charges for allegedly deceiving investors in her biotech company. a ktvu is evan sernoffsky has been in court all day and has our report arriving in court wednesday. elizabeth holmes was dressed conservatively and said nothing. it's a far cry from the ones turtleneck clad face of the now dissolved biotech company, theranos. it was that elizabeth holmes, who at 19 dropped out of stanford and grew her company to a $9 billion valuation, promising to revolutionize the blood testing industry. we can. and begin to make health information more accessible at the time. it matters most like so many silicon valley startups. she promised to deliver on a product that had yet to be fully

bankruptcy judge approved a plan to settle thousands of opioid-related lawsuits brought against purdue pharmaontin. the deal removes the sackler family from ownership and dissolves the company. they'll have to pay $4.5 billion. in return, the family cannot be sued in the future. some victims of drug addiction and their families could receive compensation payments ranging from $3,500 to $48,000. several states say they'll appeal. >>> "usa today" reports a student was shot and killed in a north carolina high school. the suspect is in custody. it happened yesterday at mt. tabor high school in winston-salem. police identified the shooter as -- the student killed as william chavis raynard miller jr. the school was put in lockdown as the students hid under desks. parents frantic for information rushed to the scene. the police chief fought back tears as she described what happened. >> medical responders began lifesaving measures, and the injured student was transported to wake forest university baptist medical center where he succumbed to his injuries. >> police say after a five-hour search, the sus

sweeping settlement that would remove the the sackler family from ownership of oxycontin maker purdue pharma. under the settlement the family has to get out of the opioid business altogether and contribute for a half billion dollars to fighting the opioid crisis. in return, they will be shielded from future lawsuits over opioids. >>> paramount pictures is pointing the release of top gun maverick until next memorial day weekend in may. the talk on sequel starring tom cruise was sent to hit the big screen in november. the delta variant is prompting the delay of a number of film releases. pair my pictures is a unit of viacomcbs. that is your cbs moneywatch report. for more head to the cbs money watch website. at the new york stock exchange, i am elise preston. >>> is now 4:45. mary has what we can expect in the day had. >>> we are looking at afternoon sunshine as we go thru the day today. below normal highs, a bit hazy today and tomorrow with moderate air-quality. we are going to be warming up for the labor day weekend. so, here we go. a a live look outside. this is the salesforce tower camera.

today a federal bankruptcy judge gave conditional approval to a historic opioid settlement between purdue pharma and thousands of local and state governments. under the deal, the oxycontin acre will be reorganized into a new company that will funner it's profits into efforts to fight the overdose crisis. members of the sackler family will give up ownership of the company, and pay for $.5 billion. they will be freed from any future civil liability involving opioids. the settlement also sets up a compensation fund for victims of drug addiction. >>> up ne boost and cricket charge you more for unlimited 5g. metro doesn't. introducing the big 5g upgrade. just twenty-five bucks a month gets you unlimited 5g and a free 5g smartphone. that's half the price... ...for one line of unlimited 5g smartphone data ...plus a free samsung galaxy 5g when you switch and trade-in. all with the power of the t-mobile 5g network. rule your day with 5g. only at metro by t-mobile. >>> san francisco bay view natives rallied the community to make sure underserved african-americans are not just living, but living well. >>>

au.s. judge says he'll approve oxycontin maker purdue pharma's bankruptcy reorganization plan.ds ofopioid lawsuits but protects the company's wealthy sacklerfamily owners from future opioid litigation. north korea has rejected roughly three million covid—i9 vaccine doses of china's sinovac biotech, saying they should be sent to severely affected countries first, particularly africa and asia. so far, north korea has not reported any covid—i9 cases and has imposed strict anti—virus measures, including border closures and domestic travel curbs. zambia's new president says horrifying amounts of state funds have been stolen. hakainde hichilema told the bbc he had inherited an empty treasury and that people were still trying to make last—minute illegal transfers of funds. mr hichilema beat the incumbent edgar lungu last month in his sixth attempt at running for president. if you wanyt to get in touch with me i'm on twitter — @bbckarishma you're watching newsday on the bbc. still to come on the programme.you've got to hand it to her — the korean paralympian determined to grab her chan

au.s. judge says he'll approve oxycontin maker purdue pharma's bankruptcy reorganisation plan.s but protects the company's wealthy sacklerfamily owners from future opioid litigation. this daily cocktail of immunosuppressant medication is vital to prevent howell cohen's body from rejecting the kidney donated by his father. the transplant medication also blocked his immune system from developing protection from two doses of covid vaccine. the ao—year—old from north london is now eligible for a third dose. it's going to be really great for me to have a booster and hopefully give me some vaccine protection, and the ability to return to normal life, do things other people are doing without thinking about it. but at the same time, it's not clear if the booster is going to work for myself and people like me, so we really do need to carry on looking at other treatments. see if there's any on here. as well as transplant patients, those with blood cancers or advanced hiv will also be eligible. they will all receive pfizer or modernityjabs. we hope it will top up their immunity levels. so

a usjudge has conditionally approved a sweeping bankruptcy plan for the oxycontin drug maker purdue pharmahat has killed a half—million americans over the past two decades. under the settlement, the owners, the billionaire sackler family — will give up ownership of the company and contribute 11.5 billion dollars, but will be given immunity from any future lawsuits over opioids and will remain one of the wealthiest famillies in the world. well for more on this, i'm joined now by chris mcgreal — a journalist and author of "american overdose", a book about the united states' opioid epidemic — which looks at how big pharma hooked so many thousands of americans on the powerfully addictive drugs. thank you for being on the programme. first of all, your reaction to thejudge's decision. it reaction to the 'udge's decision.h reaction to the 'udge's decision. , , decision. it was no surprise, reall . decision. it was no surprise, really- the _ decision. it was no surprise, really. the bankruptcy - decision. it was no surprise, really. the bankruptcy lawsl decision. it was no surprise, l really. the

au.s. judge says he'll approve oxycontin maker purdue pharma's bankruptcy reorganisation plan.of opioid lawsuits but protects the company's wealthy sacklerfamily owners from future opioid litigation. i spoke to someone who just gave me his thoughts on the outcome. gave me his thoughts on the outcome-— gave me his thoughts on the outcome. , ., , outcome. this ruling has given the tremendous _ outcome. this ruling has given the tremendous amounts - outcome. this ruling has given the tremendous amounts of. the tremendous amounts of grief. i believe this ruling has left many victims behind who were harmed by oxycontin. the suckers are essentially walking away scot free. contributing 4.4 billion dollars but essentially it will allow them from ever facing, never facing any litigation in the future for opioid claims ever again. the future for opioid claims ever again-— the future for opioid claims ever aain. ,. , ever again. the 'udge described it as a better _ ever again. the judge described it as a better result _ ever again. the judge described it as a better result that - ever aga

. >>> a federal judge has conditionally approved a plan for purdue pharma to dissolve and to settle its lawsuits over the role it played in america's opioid crisis. under the plan, the company's founders, the sackler family, would pay out $4.5 billion to individual victims and governments. the sacklers would also give up ownership in exchange for immunity from future lawsuits and would potentially be required to spend up to $10 billion to fight the opioid crisis. more than half a million americans have died from opioids over the past two decades, and that includes a record 93,000 in 2020 alone driven by the spread of fentanyl. the attorneys general of connecticut, the district of columbia, and washington state immediately announced they will either appeal the ruling or explore the possibility of doing so at the very least. to give you guys an idea of just how complex this was and how unsettling the conclusion is even for people involved in it, the judge in reading his decision from the bench called it a bitter result. then he spelled out b-i-t-t-e-r. he's frustrated because the sackler

i can tell you from experience having gone to purdue pharma, but also the sacklers themselves with manyries, where i'm like, you know, you said this, but how do you reconcile that with this e-mail which seems to say something different? they never respond to those questions, right? they never ever ever are like oh, you know, let us explain the discrepancy. they always just punt on those. >> or they blame the [inaudible], which is me and you. >> or in my case, my integrity, yeah, yeah. >> so we have at least 500,000 dead from the opioid crisis, probably many more. we've got at least 2.6 million americans addicted, and this is a question from ed bish, who i think you wrote about and i write about, he lost his 18-year-old son eddy to an oxycontin overdose way back in 2001 and then has spent all of pretty much the following 20 years fearlessly trying to hold purdue and the sacklers accountable ever since. so ed would like to know, and this is a question he wrote, we know now that in 2007, a prosecution memo calling for jail time was buried by the doj brass. we know how the doj made a big de

bankruptcy judge has approved a settlement that will dissolve purdue pharma, maker of the highly addictive opioid oxycontin, while ordering the sachler family to pay more than $4.5 billion over the next decade. the agreement shields the sachlers from future litigation over their role in fueling the opioid crisis, which has killed over a half million people across the u.s. in a statement, public citizen blasted the settlement saying -- "allowing the billionaires at the root of the opioid crisis to walk free while thousands of its victims are in prison is a catastrophic injustice." president biden welcomed ukrainian presidenvolodymyr zelensky to the white house wednesday, warning russia against further military incursions into ukraine. pres. biden: united states remains firmly committed to christ sovereignty and territorial just ukraine sovereignty and territorial and our support ukraine's aspirations. amy: president zelensky's first white house visit came two years after then-president trump dangled the prospect of an oval office visit in exchange for political dirt on then-candidate joe bi

conditional approval to a sweeping settlement that would remove the sackler family from the ownership of purdue pharmats they have to get out of the opioid business altogether and contribute for a half billion dollars to fighting the opioid crisis. in return, they will be shielded from future lawsuits over opioids. leaving home without your wallet make it a little easier this fall. a new software update allows apple users to upload a drivers license or state i.d. to apple wallets. eight states including maryland, arizona and georgia will be the first to roll out the new feature. some airports will accept the digital i.d. as i.d. for security checkpoints. >> we will see you again with the stock market opens up at 6:30. >>> the time is 5:40. a surprising impact of just how destructive the caldor fire is. how it is actually damaging the famous clear blue water in lake tahoe. >>> the supreme court latest decision on the texas restrictive new abortion law. >>> a live look at sfo labor day weekend which is on last year. what if you are planning to go to tahoe? can you still cancel? life travel advice,,. >>>

federal judge in new york today approved the bankruptcy reorganization plan for oxycontin maker purdue pharmaan will help settle thousands of lawsuits amid the company's role in the deadly opioid pandemic the sackler family will give up ownership and must pay 4.5 million dollars, but they will be shielded from neutral lawsuits. still to come, what texas' new abortion law means for women's reproductive health. thousands flee afghanistan as the taliban moved to form an islamic government. the surge of migrants into europe strains the resources at points of entry, and much more. >> this is the "pbs newshour" from w eta studios in washington and in the west from walter cronkite school of journalism at arizona state university. judy: a new restrictive abortion law in texas went into effect today after the u.s. supreme court failed to respond to an emergency plea to intervene before midnight. last night. john yang has more. john: the new law bans abortion after a fetal heartbeat is detected, which is usually about the sixth week of pregnant see, before many women are even aware they are pregnant. i

. >> new at 10, a long legal fight involving purdue pharma. the maker of the highly addictive painkiller oxy-contin has ended with the company being shuttered and its owners paying out billions of dollars to address deadly opioid epidemic. a bankruptcy court judge approved a settlement that requires the company owners, the sackler family to pay out 4.5 billion dollars over the next 9 years. but in a controversial move, the agreement gives us acker's immunity from any future opioid related lawsuits the years long health crisis led to more than 500,000 deaths nationwide. >> now to afghanistan after the war. pentagon officials say us and allied forces evacuated about 6,000 american citizens and more than 124,000 civilians from the country. thousands of afghans have been process at ramstein air base in germany today. defense secretary lloyd austin praise the evacuation orders. >> it has been an enormous achievement not just by the u.s. military. but also by the militaries of our allies and partners. and of course. by our teammates at the state dep

oxycontin maker purdue pharma structure into a new company fighting the opioid epidemic.filed against the company by those who say its marketing created and worsened the epidemic. >>> firefighters in california working to protect the world's largest tree, wrapping its base in fire-resistant aluminum as they battle nearby wildfires. the general sherman tree in the sequoia national park is more than 275 feet tall and 103 feet wide at ground level. >>> and a group of protesters gathering outside the u.s. capitol earlier for today's justice for j 6 rally. fewer than 200 people attended the rally, hundreds fewer than organizers expected. the crowd calling for the release of those arrested during the january 6th capitol hill riot. for more on these and other stories, download the fox news app. scan the qr code on your screen or go to foxnews.com/apps. >>> the fda advisory panel rejecting booster shots for most americans yesterday, citing a lack of evidence that they're needed. the panel recommending boosters only for those over the age of 65 and those at high risk. mark meredit

the bankruptcy plan also transforms purdue pharma making the highly addictive pain company oxycontin.e on the board. it's killed half a million americans over past two decades. the sackler family denies any wrongdoing. >>> one of the country's largest employers putting up the help wanted sign. that's what's topping cnbc "on the money. amazon ramping up hiring the company reports it plans to hire around 55,000 people around the world. about 40,000 of those here in the united states. the open jobs, tech and corporate positions. amazon is the second largest private employer in the country behind walmart >>> apple digitizing driver's licenses, testing out the ability to add its license or state i.d. to its wallet app on your iphone or apple watch >>> arizona and georgia set to be the first state to roll it out to their residents then connecticut, iowa, kentucky and utah >>> bud light seltzer getting a seasonal offering that it calls the flannel variety pack easy for you to say. four limited edition flavors include pumpkin spice, toasted marshmallow, maple pear and apple crisp. the fall fl

. >>> a federal judge will approve the $4.5 billion bankruptcy reorganization plan for purdue p pharmahield the company's ow owners, the sackler family, from future litigation. the plan which values at $10 billion dissolves the drugmaker and shifts the assets to a company owned by a trust run to combat the opioid epidemic. >>> and paramount is delaying "top gun maverick" which is expected to premiere on november 19th it will now hit may 2022 and "mission impossible 7 "is being delayed until 2022 dom, tom is pushing it >> he has been in top shape for a long time. kristina partsinevelos, thank you. >>> let's turn to the market this year, we made it to september and history tells us that september is typically the worst month for the stock market let's bring in ryan detrick at lpl. should we be fearful, ryan, of september? >> dom, good morning record rainfall and pushing back tom cruise movies? september is off to a rough start. september is the worst month of the year since 1950. the last t10 years, the last 20 years. we saw a 9.6% correction last september in the bull market you know, s

been following for quite some time i'm talking about had wwhat is the official settlement between purdue pharma and the court and the plaintiffs and states. they have reached that roughly $4.5 billion bankruptcy settlement it will shield the owners or the former owners of purdue, members of the sackler families, lawsuits that would accuse them for contribute to the opioid epidemic this has been a long time in the making, perhaps not any one side overly happy with it, but all signing on at this point and it will provide a lot of fund to deal with what unfortunately is a rising epidemic, certainly in part because of the pandemic. it has exacerbated the problems, opioid deaths, i believe this year are at an all time high i did speak to steve miller. he's the company's chairman who is cobbling this together. of course he has a long history in sort of restructuring we had an opportunity to talk back in march when this was first announced as a possibility, long before it got to the finish line here's what he had to say about the settlement itself as pr proposed at the time >> this is a milestone in p