Newsy’s Latest Headlines

The video covers several major news topics. Purdue Pharma has reached a tentative settlement with state attorneys general over its role in the opioid crisis, which includes the Sackler family relinquishing control and the company declaring bankruptcy. President Trump has urged the Federal Reserve to lower interest rates to zero or negative, marking his first public suggestion of negative rates. Additionally, California is advancing a bill that would require companies like Uber and Lyft to treat contract workers as employees, potentially affecting a million workers. The companies argue this could harm their business model.

What is the main outcome of the tentative agreement involving Purdue Pharma?

• The company will become a public trust.

• The company will merge with another pharmaceutical firm.

• The Sackler family will retain control.

• The company will expand its operations.

How many state attorneys general are involved in the Purdue Pharma agreement?

• 22

• 30

• 15

• 10

What significant change did President Trump suggest for US interest rates?

• Keeping them unchanged.

• Reducing them to zero or negative.

• Raising them to boost the economy.

• Increasing them to combat inflation.

What is the primary concern of Uber and Lyft regarding the California bill?

• It will enhance driver safety.

• It will lead to more competition.

• It will reduce driver flexibility.

• It will increase their profits.

What rights are gig workers currently not guaranteed according to the California bill?

• Minimum wage and sick leave

• Retirement benefits

• Health insurance

• Stock options