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Springfield, MO
Philips has entered a $1.1 billion settlement in a U.S. respiratory device case.
Millions of the devices were recalled in 2021 over concerns that certain components carried potential cancer risks.
Philips shares reportedly rose as much as 46% on the news of the settlement.
Read more from CNBC.
Missouri State University President Clif Smart is experiencing a lot of lasts as he prepares for his June 30 retirement.