Though Philips has argued in court that its U.S. subsidiary should bear the sole responsibility of paying out damages related to its massive CPAP machine recall, instructions to continue selling ...

In 2021, polyester-based polyurethane (PE-PUR) foam used in Philips Respironics ventilators, CPAP and BiPAP machines was found to degrade and cause serious health issues or death, leading to a mass ...

The prosecutor’s office opened an investigation in June, with charges including aggravated fraud and failure to report ...

Khristopher J. Brooks is a reporter for CBS MoneyWatch. He previously worked as a reporter for the Omaha World-Herald, Newsday and the Florida Times-Union. His reporting primarily focuses on the U.S.