Purdue Pharma Nears New Bankruptcy Deal With Sacklers, Mediator Says November 1, 2024 By Dietrich Knauth Purdue Pharma is close to a new bankruptcy settlement with its owners, members of the wealthy Sackler family, and state...
Los Angeles County Sues PepsiCo and Coca-Cola Over Plastic Pollution November 1, 2024 By Nate Raymond Los Angeles County has sued beverage makers PepsiCo and Coca-Cola, accusing them of polluting the most populous U.S. county with...
GE, Shipbuilder HII Reach Settlement on Aircraft Carrier’s Faulty Gears October 31, 2024 By Tony Capaccio Shipbuilder HII has settled claims against General Electric Co. that one of its units produced faulty propulsion gears for the...
Taiwan Suspends Stock Trading Due to Super Typhoon Kong-Rey October 30, 2024 By Mary Hui and Cindy Wang Taiwan will suspend trading on its $2.5 trillion stock exchange Thursday as a powerful typhoon barrels toward the archipelago. Super...
McDonald’s Sued by Consumers in Proposed Class Action Over E.coli Outbreak October 30, 2024 McDonald’s was sued on Tuesday by consumers in a proposed class action stemming from the E.coli outbreak linked to onions...
Brazil Institute Sues Social Media Giants for $525M Over Excessive Use by Minors October 29, 2024 By Ricardo Brito Brazil’s Collective Defense Institute has filed two lawsuits demanding 3 billion reais ($525.27 million) from the Brazilian units of TikTok,...
J&J’s $8.2 Billion Talc Settlement Faces January Court Test October 29, 2024 By Jef Feeley The fate of Johnson & Johnson’s latest push to use bankruptcy courts to end thousands of cancer lawsuits tied to...
Apple Wins Just $250 Verdict in Patent Case Over Masimo Smartwatches October 29, 2024 By Blake Brittain Apple convinced a federal jury on Friday that early versions of health monitoring tech company Masimo’s smartwatches infringe two of...
Alibaba to Pay $433.5M to Settle Shareholder Suit Over Monopoly Claims October 28, 2024 By Surbhi Misra and Nate Raymond China’s Alibaba said on Friday it had agreed to pay $433.5 million to settle a U.S. class-action lawsuit filed by...
Boozy Work Parties May Be Over With New UK Harassment Law October 28, 2024 By Jack Ryan Alcohol-fueled company events could become a thing of the past, as UK employers consider new rules that place an onus...