Technology company Philips plans to cut an estimated 5% of its workforce, about 4,000 positions, due to losses caused by the recall of a sleep apnea product as well as supply chain issues, according ...

(Reuters) - Paris prosecutors opened a criminal probe into Philips in June over its recall of sleep apnea devices, probing possible charges including aggravated fraud and failure to report safety ...

A doctor in Washington was sentenced to a year in jail for a scheme involving recalled Philips CPAP machines. Sleep specialist Eric Haeger, MD, pleaded guilty to adulterating and misbranding medical ...

Sept 24 (Reuters) - (This Sept.24 story has been refiled to remove a picture, with no changes to text) Investor group European Investors-VEB on Wednesday applied for a court inquiry into Philips ...