Hawaiian Electric Among Firms Eyeing $4B Maui Fire Deal July 19, 2024 By Jef Feeley and Mark Chediak Hawaiian Electric Industries Inc. is among the companies that have tentatively agreed to pay more than $4 billion to resolve...
Dollar General to Pay $12M Penalty, Improve Safety Under Settlement July 12, 2024 By Kanishka Singh Discount store operator Dollar General has agreed to pay $12 million in penalty for alleged safety violations that led to...
Citi Fined $136 Million for Failing to Fix Regulatory Issues July 12, 2024 By Katanga Johnson Citigroup Inc. will pay almost $136 million in fines to US bank regulators over issues related to data-quality management and...
Microsoft in $22M Deal to Settle Cloud Complaint, Ward off Regulators July 11, 2024 By Foo Yun Chee Microsoft has clinched a 20-million-euro ($21.7 million) deal to settle an antitrust complaint about its cloud computing licensing practices, averting...
Nearly 1M Power Adapters Sold with Baby Sound Machines Recalled Due to Shock Hazard July 10, 2024 Due to a shock hazard, a California company is recalling nearly 1 million power adapters sold with sound machines marketed...
Purdue Pharma Secures Litigation Ceasefire After Supreme Court Ruling July 10, 2024 By Dietrich Knauth Purdue Pharma on Tuesday received U.S. court approval for a 60-day freeze on lawsuits against its owners, members of the...
Purdue Pharma Backs Creditor Move to Sue Sacklers Over Assets July 9, 2024 By Shannon D. Harrington and Steven Church The bankrupt estate of Purdue Pharma says it will support a move by the opioid maker’s creditors to sue members...
Banks Face Record Number of U.K. Lawsuits as Economy Stumbles July 8, 2024 By Upmanyu Trivedi Banks in the UK are embroiled in the highest number of lawsuits in a decade in a trend that shows...
The Battle Over J&J’s Bankruptcy Plan to End Talc Lawsuits July 8, 2024 By Mike Spector Eron Evans died in 2016 at 41 of ovarian cancer, leaving behind two daughters. Her grieving mother, Darlene, blames Johnson...
Silvergate Fined $63 Million by Fed, State Regulator July 2, 2024 By Lydia Beyoud Silvergate Bank, the California lender done in by the collapse of crypto exchange FTX, has been fined $63 million by...