US Business

The consulting giant advised OxyContin maker Purdue Pharma and other opioid manufacturers to aggressively market the painkillers.

Behind the scenes, the founder had been laying the groundwork for such a move for years, involving himself less and less in day-to-day management.

The mobile-phone chip maker said its quarterly sales rose 62% from the prior-year period to $8.24 billion, while its net income more than doubled.

The German conglomerate strikes an agreement with plaintiffs’ attorneys for a $2 billion compensation program for future claims.

The burrito chain said its labor expenses rose in the latest quarter as the Covid-19 pandemic worsened. Online orders increased sharply.

SolarWinds CEO Sudhakar Ramakrishna says hackers accessed at least one of the company’s Office 365 accounts by December 2019, and then leapfrogged to other accounts used by the company.

The company announced changing roles as it reported that revenue in the fourth quarter soared 44% to $125.56 billion.

The internet titan’s earnings reflected a continuing recovery in global ad spending that took a hit in early 2020 when people paused travel plans and other purchases.

Operating profit increased 26% in the quarter ended Dec. 31, a sign that added fees and a hard-line approach to volume limits helped offset higher expenses.

Former Boeing CEO Dennis Muilenburg, about a year after his ouster, is taking steps to re-enter American business with a special-purpose acquisition company.