Chipotle Shareholders Sue Over Fallout From Skimping on Portion Sizes November 12, 2024 By Jonathan Stempel Chipotle Mexican Grill was sued on Monday by shareholders for concealing how many of its restaurants were skimping on portions,...
FTX Sues Binance, Ex-CEO Zhao Seeking $1.8 Billion Clawback November 12, 2024 By Emily Nicolle FTX filed a lawsuit against Binance Holdings Ltd. and its former Chief Executive Officer Changpeng Zhao, seeking to claw back...
Spain’s Devastating Floods Will Cost Insurers Over $3.8 Billion November 12, 2024 By Macarena Muñoz The floods that devastated the Spanish region of Valencia at the end of last month are expected to trigger total...
Hawaiian Electric Removes Going Concern Doubts After Q3 Loss and Wildfire Settlement November 12, 2024 By Tanay Dhumal Hawaiian Electric reported a third-quarter loss after the utility removed a warning about its ability to remain in business, saying...
Toyota Executive Lashes Out at US Regulations Promoting EV Sales November 12, 2024 By Chester Dawson Toyota Motor Corp.’s North American chief operating officer criticized the U.S.’s policies promoting speedy adoption of electric vehicles, calling them...
Meta’s Zuckerberg Not Liable in Lawsuits Over Social Media Harm to Children November 12, 2024 By Jonathan Stempel A federal judge said Meta Platforms CEO Mark Zuckerberg is not personally liable in 25 lawsuits accusing his company of...
The Rise of US Battery Energy Storage Systems and The Insurance Implications November 12, 2024 By Daniel L. Williams and Alex Degan Battery Energy Storage Systems (BESS) development has been looming in U.S. energy markets for several years. Now, as capacity has...
US Judge Narrows Investor Lawsuit Against Rio Tinto Over Mongolian Mine November 8, 2024 By Jonathan Stempel A U.S. judge on Thursday dismissed some claims in a lawsuit accusing Rio Tinto and its former CEO Jean-Sebastien Jacques...
Hurricanes Linked to Higher Death Rates Years After Occurrence November 8, 2024 New research from Stanford University shows that hurricanes and tropical storms in the United States cause a surge of deaths...
Spain’s Hurricane Katrina Moment Saw Officials Ignoring Warnings November 8, 2024 By Rodrigo Orihuela, Clara Hernanz Lizarraga and Thomas Gualtieri As a deadly storm bore down on Valencia on Oct. 29, the regional president was attending a ceremony to recognize...