TikTok Sued by U.S. for Allegedly Breaking Children’s Privacy Law August 2, 2024 By Leah Nylen TikTok was sued by the U.S. for allegedly collecting data on children in violation of a federal online privacy act,...
Norfolk Southern Reports $156M in Insurance Payments Following Ohio Derailment August 1, 2024 By Josh Funk Norfolk Southern got a boost during the second quarter from insurance payments related to last year’s disastrous East Palestine derailment,...
Meta to Pay $1.4B to Settle Texas Facial Recognition Data Lawsuit July 31, 2024 By Mike Scarcella and Jody Godoy Meta Platforms has agreed to pay $1.4 billion to Texas to resolve the state’s lawsuit accusing the Facebook parent of...
GSK Settles Another Heartburn Drug Lawsuit In Illinois July 30, 2024 By Yadarisa Shabong and Shanima A British drugmaker GSK said on Monday it has agreed to confidentially settle a lawsuit in Illinois that alleged its discontinued...
Reckitt Plunges to 11-Year Low on Abbott Infant Formula Verdict July 29, 2024 By Joel Leon and Dasha Afanasieva Reckitt Benckiser Group Plc plunged to an 11-year low on Monday after a verdict against Abbott Laboratories intensified concerns over...
Tyco, TIG Insurance Agree to Settle ‘Forever Chemicals’ Fire Foam Litigation July 29, 2024 By Insurance Journal staff reports Three months after Tyco Fire Products agreed to pay $750 million to communities with groundwater affected by so-called “forever chemicals”...
Indivior Reaches $86M Opioid Settlement With 16 U.S. States July 29, 2024 By Jonathan Stempel Indivior reached an $86 million settlement with 16 U.S. states over the drug manufacturer’salleged role in spreading opioid addiction across...
J&J Loses Latest Legal Bid to Revive Talc Bankruptcy Strategy July 26, 2024 By Jonathan Randles, David Voreacos and Steven Church Johnson & Johnson lost its bid in a federal appeals court to revive a plan to settle tens of thousands...
Bayer’s Monsanto to Pay $160M to Resolve Seattle’s PCB Contamination Lawsuit July 26, 2024 By Jonathan Stempel Monsanto will pay $160 million to settle a lawsuit by the city of Seattle that accused the unit of Germany’s...
Boeing Completes Deal to Plead Guilty Over 737 Max Crashes July 25, 2024 By Julie Johnsson, Allyson Versprille and Madlin Mekelburg Boeing Co. has completed an agreement with the US government to plead guilty to criminal conspiracy in connection with two...