More business headlines

Filings: Purdue owners used Swiss banks to hide transfers

The family that owns OxyContin maker Purdue Pharma used Swiss bank accounts to conceal the transfer of millions of dollars from the company to themselves, New York state’s attorney general contends in court papers filed Friday.

Zantac has low levels of a cancer-causing chemical, FDA says

The Food and Drug Administration said Friday that it had detected low levels of a cancer-causing contaminant in samples of heartburn medicines containing the drug commonly known as Zantac. It was advising patients who take over-the-counter versions to consider switching to a different medication.

China calls off rise in tariffs on US soybeans and pork as trade overtures resume

China calls off rise in tariffs on US soybeans and pork as trade overtures resume

Recent home sales south of Boston (September 11)

ROCKLAND: 2 Holly Court #2; Condo Condo/Apt, built in 1988, 1,518 square feet, 8 rooms, 2.5 baths, on 1,213,277-square-foot lot. $346,900 | realestate.boston.com

PG&E reaches $11b deal with California wildfire insurers

Pacific Gas & Electric has agreed to pay $11 billion to a group of insurance companies representing claimants from deadly Northern California wildfires in 2017 and 2018 as the company tries to emerge from bankruptcy, the utility announced Friday.

London stock exchange rejects takeover bid From Hong Kong

London officials said in a letter to the Hong Kong Stock Exchange that they had fundamental concerns about the proposal, adding that the Hong Kong exchange’s relationship with the territorial government there would “complicate matters.”

Larry Edelman

A sordid relationship with Jeffrey Epstein threatens MIT Media Lab’s future

The lab’s director resigned last weekend. The scandal may cost others at MIT their jobs, perhaps even president L. Rafael Reif.

Demand for office space trumps housing in the Seaport

A developer wants to scrap plans for apartment building, possibly to accommodate Foundation Medicine’s move from Kendall Square.