Bayer Weighs Billions in Capital Raise for Lawsuits, Shares Tumble March 7, 2025 By Tim Loh Bayer AG is seeking shareholder authorization to raise billions of euros through a capital increase in case it needs to...
Intel Defeats Shareholder Suit Over Foundry Losses, $32B Plunge March 6, 2025 By Jonathan Stempel Intel won the dismissal of a shareholder lawsuit accusing the chipmaker of fraudulently concealing problems in its foundry business, leading...
Supreme Court Leans Toward Gun Companies’ Bid to Avoid Mexico Lawsuit March 4, 2025 By John Kruzel and Blake Brittain U.S. Supreme Court justices signaled sympathy on Tuesday toward a bid by two American gun companies to throw out the...
Douglas Elliman Firm Sued for Allegedly Enabling Alexander Brothers March 4, 2025 By Ava Benny-Morrison and Jennifer Epstein Real estate firm Douglas Elliman Inc. and its former chief executive officer Howard Lorber were sued by five women who...
J&J Spars With Foes of $9 Billion Talc Cancer Plan as Trial Ends March 3, 2025 By Jef Feeley Johnson & Johnson told a judge its $9 billion proposal to settle baby powder cancer claims in bankruptcy court is...
Trust Issues Hinder Industry Efforts to Close Protection Gap, Survey Shows March 3, 2025 By Susanne Sclafane Most insurance executives surveyed last year believe they have “an ethical obligation” to close the protection gap—and also believe that...
ZestyAI: More Than $2 Trillion in US Homes at High Risk of Wildfires February 28, 2025 While Western wildfires have dominated disaster news for decades, new analysis using artificial intelligence shows millions of homes across the...
Edison Says Wildfire Fund May Shield Balance Sheet From LA Fire Claims February 28, 2025 By Laila Kearney in New York and Tim McLaughlin California’s $21 billion wildfire fund may shield Edison International’s balance sheet if equipment owned by the company’s electric utility is...
Norfolk Southern Wins Dismissal of Bondholder Lawsuit Over 2023 Ohio Derailment February 28, 2025 By Jonathan Stempel A federal judge on Thursday dismissed a lawsuit accusing Norfolk Southern of causing hundreds of millions of dollars of losses...
Florida Wants More Claims Data, Warns Insurers About Concurrent Causation Denials February 26, 2025 By William Rabb As consumer complaints have apparently mounted over unpaid hurricane losses, Florida’s top insurance regulator and some lawmakers are signaling new...