Press Digest: New York Times business news - Sept 27

Acadia Healthcare

27/09/2024 06:25

Sept 27 (Reuters) - The following are the top stories on
the New York Times business pages. Reuters has not verified
these stories and does not vouch for their accuracy.
    
    - Southwest Airlines  LUV.N  announced a three-year plan to
revitalize its operation and customer offerings as it defends
against an activist investor calling for new leadership and a
strategy overhaul.
    
    - Smartmatic settled its defamation lawsuit against Newsmax
over false claims that the voting-technology company helped rig
the 2020 presidential election.
    
    - The U.S. FDA approved Bristol-Myers Squibb's  BMY.N  
schizophrenia drug Cobenfy on Thursday.
    
    - Acadia Healthcare  ACHC.O  has agreed to pay nearly $20
million to settle a federal investigation accusing the company
of defrauding taxpayer-funded health insurance programs like
Medicare and Medicaid.

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))