Tesla Settles Fatal Crash Suit as Another Jury Trial Loomed May 29, 2024 By Rachel Graf Tesla Inc. has reached a deal to resolve a lawsuit over the death of a Model S passenger in a...
Norfolk Southern to Pay Civil Penalty, Cleanup Costs Over 2023 Ohio Derailment May 24, 2024 By David Shepardson Norfolk Southern agreed to pay a $15 million civil penalty and $57.1 million in past government cleanup costs on Thursday,...
Bankruptcy Judge OKs Genesis Global Plan to Refund $3B to Creditors, Crypto Customers May 23, 2024 A bankruptcy court judge has approved a plan by the cryptocurrency lender Genesis Global to return about $3 billion to...
SEC Fines NYSE Owner $10 Million for Not Quickly Reporting Hack May 22, 2024 By Austin Weinstein Intercontinental Exchange, Inc., which owns the New York Stock Exchange, agreed to pay $10 million to settle Securities and Exchange...
BASF to Pay $316 Million to Settle PFAS ‘Forever Chemicals’ U.S. Lawsuit May 22, 2024 By Clark Mindock German chemical company BASF said on Tuesday it reached a $316.5 million settlement with some U.S. public water systems that...
GM, LG Agree on $150M Relief for Chevy Bolt EV Owners Over Faulty Batteries May 20, 2024 General Motors and South Korea’s LG Electronics reached a settlement to establish a $150 million fund to provide relief to...
Volkswagen Reaches $54M ‘Dieselgate’ Settlement With Italian Owners May 16, 2024 Volkswagen and a group representing car owners in Italy have reached an agreement worth more than 50 million euros ($54...
GM’s Cruise Pays More Than $8 Million in Robotaxi Settlement May 15, 2024 By David Welch General Motors Co.’s autonomous-car unit reached an $8 million to $12 million settlement with a pedestrian who was dragged by...
Geico Settles Case Claiming It Encouraged Employees to Call the Cops on Pro-Union Co-Workers May 6, 2024 By Josh Eidelson Geico has settled allegations by the US labor board that it illegally threatened and interrogated upstate New York employees about...
JPMorgan Expects to Pay $100 Million in a Third Surveillance Case May 2, 2024 By Hannah Levitt and Austin Weinstein JPMorgan Chase & Co., fresh off settling complaints from two regulators over gaps in its trade-surveillance program, expects to pay...