Philips Recall: No New Probe in France?

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Martedì

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Philips faces ongoing fallout in France over its massive sleep apnea device recall! Despite reports of a new probe, authorities clarify the focus remains on the company's handling of the initial 2021 crisis, not current devices. With a billion-dollar settlement already in the US, investors are jittery, and Philips' stock price is feeling the heat. Is this old news or a brewing new storm for the healthcare giant? Hosted on Acast. See acast.com/privacy for more information.

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