Financial performance

FILE - In this Jan. 17, 2019, file photo, a sign with the Sackler name is displayed at the Metropolitan Museum of Art in New York. Their name used to be on a wing at the Louvre. But now the Sackler family wealth has become linked to sales of OxyContin, and their company, drug maker Purdue Pharma, is attempting to settle lawsuits over the opioid crisis. (AP Photo/Seth Wenig, File)
September 19, 2019 - 2:24 pm
For a family with its name on a wing of one of the world's most famous museums and a school at a prestigious university, members of the Sackler clan have done a remarkable job of vanishing from public life. The family owns OxyContin maker Purdue Pharma, which filed for bankruptcy this week as part...
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FILE - In this April 2, 2018, file photo, a pharmacist in San Francisco poses for photos holding a bottle of OxyContin. In court papers filed in New York on Sunday, Sept. 15, 2019, Purdue Pharma, the drug's manufacturer, flied for Chapter 11 bankruptcy protection. (AP Photo/Jeff Chiu, File)
September 15, 2019 - 8:46 pm
Purdue Pharma, the company that made billions selling the prescription painkiller OxyContin, filed for bankruptcy in White Plains, New York, days after reaching a tentative settlement with many of the state and local governments suing it over the toll of opioids. The filing was anticipated before...
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FILE - In this Aug. 25, 2019, file photo, a long line of unsold Clubman sports-utility vehicles sit at a Mini dealership in Highlands Ranch, Colo. On Friday, Sept. 13, the Commerce Department releases U.S. retail sales data for August. (AP Photo/David Zalubowski, File)
September 13, 2019 - 5:46 am
WASHINGTON (AP) — U.S. retail sales rose moderately in August, driven higher by a jump in auto buying and healthy online sales. But there were also signs that consumers have become more cautious. The Commerce Department says retail sales increased 0.4% last month, down from a strong 0.8% in July...
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FILE - This May 8, 2007, file photo shows the Purdue Pharma logo at its offices in Stamford, Conn. It’s not entirely clear what a bankruptcy filing for Purdue Pharma would mean for the wealth of the Sackler family behind the business. Depending on how various legal actions proceed, the billionaire family could be on the hook for much more than outlined in the settlement. (AP Photo/Douglas Healey, File)
September 12, 2019 - 9:05 pm
Purdue Pharma could be heading for bankruptcy but the extent to which it would affect the Sackler family fortunes remains unclear. The company, which makes OxyContin and other drugs, this week reached a tentative agreement with thousands of local governments and more than 20 states over its role in...
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FILE - This May 8, 2007, file photo shows the Purdue Pharma logo at its offices in Stamford, Conn. It’s not entirely clear what a bankruptcy filing for Purdue Pharma would mean for the wealth of the Sackler family behind the business. Depending on how various legal actions proceed, the billionaire family could be on the hook for much more than outlined in the settlement. (AP Photo/Douglas Healey, File)
September 12, 2019 - 3:37 pm
Purdue Pharma could be heading for bankruptcy but the extent to which it would affect the Sackler family fortunes remains unclear. The company, which makes OxyContin and other drugs, this week reached a tentative agreement with thousands of local governments and more than 20 states over its role in...
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September 11, 2019 - 3:22 am
BEIJING (AP) — Chinese auto sales sank 7.7% in August from a year earlier extending a painful slump in the industry's biggest global market, an industry group reported Wednesday. Sales of sedans, SUVs and minivans declined to 1.6 million, according to the Chinese Association of Automobile...
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FILE - In this May 15, 2019, file photo, founder of Alibaba group Jack Ma arrives for the Tech for Good summit in Paris. Ma is stepping down as chairman at a time when its industry faces rapid change and uncertainty amid a U.S.-Chinese trade war. Ma gave up his post on his 55th birthday as part of a succession announced a year earlier. (AP Photo/Thibault Camus, File)
September 09, 2019 - 11:10 pm
BEIJING (AP) — Alibaba Group founder Jack Ma, who helped launch China's online retailing boom, stepped down as chairman of the world's biggest e-commerce company Tuesday at a time when its fast-changing industry faces uncertainty amid a U.S.-Chinese tariff war. Ma, one of China's wealthiest and...
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FILE - In this Friday, Aug. 17, 2018, file photo, Christine Gagnon of Southington, Conn., protests with other family and friends who have lost loved ones to OxyContin and opioid overdoses at Purdue Pharma LLP headquarters in Stamford, Conn. Gagnon lost her son Michael 13 months earlier. OxyContin maker Purdue Pharma is expected to file for bankruptcy after settlement talks over the nation’s deadly overdose crisis hit an impasse, attorneys general involved in the talks said Saturday, Sept. 7, 2019, in a message to their counterparts across the country. (AP Photo/Jessica Hill, File)
September 08, 2019 - 5:13 am
State and local governments have sought billions of dollars from Purdue Pharma as a way to hold the company and the family that owns it accountable for the nation's opioid epidemic, a potential payout that is now clouded in uncertainty after state attorneys general said settlement talks had broken...
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FILE - In this August 2018 file photo, family and friends who have lost loved ones to OxyContin and opioid overdoses protest outside Purdue Pharma headquarters in Stamford, Conn. OxyContin maker Purdue Pharma made headlines when it reached a landmark settlement with Oklahoma over the toll the opioids crisis has taken on that state. Attempts to do the same in a major federal case in Ohio are proving more difficult. (AP Photo/Jessica Hill, File)
September 07, 2019 - 2:37 pm
CLEVELAND (AP) — OxyContin maker Purdue Pharma is expected to file for bankruptcy after settlement talks over the nation's deadly overdose crisis hit an impasse, attorneys general involved in the talks said Saturday in a message to their counterparts across the country. The breakdown puts the first...
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FILE - In this August 2018 file photo, family and friends who have lost loved ones to OxyContin and opioid overdoses protest outside Purdue Pharma headquarters in Stamford, Conn. OxyContin maker Purdue Pharma made headlines when it reached a landmark settlement with Oklahoma over the toll the opioids crisis has taken on that state. Attempts to do the same in a major federal case in Ohio are proving more difficult. (AP Photo/Jessica Hill, File)
September 07, 2019 - 2:24 pm
CLEVELAND (AP) — Attempts to reach a nationwide settlement over the opioid crisis with OxyContin maker Purdue Pharma have hit an impasse, and the company is expected to file for bankruptcy. State attorneys general for Tennessee and North Carolina have been leading the negotiations. They sent a...
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