Articles by Jody Godoy

Live Nation Seeks to End U.S. States’ Claim of Damages for Concertgoers

Live Nation Entertainment asked a federal judge in New York on Thursday to dismiss several states’ claims that the live event promoter harmed event-goers by stifling competition with its ticket-selling arm, Ticketmaster. Live Nation seeks to dismiss part of the …

Nintendo Sues ‘Pokemon With Guns’ Studio for Patent Abuse

Nintendo Co. filed a patent infringement lawsuit against Tokyo-based Pocketpair Inc., the maker of hit game Palworld, seeking an injunction and compensation for damages. The case, brought together with affiliate Pokémon Co., was submitted to the Tokyo District Court on …

Google Wins Fight Over €1.5 Billion EU Fine for Ads Abuse

Google won a court fight with the European Union over a €1.5 billion ($1.7 billion) fine for thwarting competition for online ads, partly making up for last week’s crushing defeat in a separate judgment for abusing its monopoly powers. Judges …

Report: Renewable Projects at Risk from Contractor Errors and Defects, Natural Cats and Extreme Weather

Renewable project buildouts continue to be jeopardized by contractor errors and defects, natural catastrophes and extreme weather events—on-shore and offshore challenges that could delay start times and drive up construction claims. That’s the assertion in a new report, which calls …

U.S. to Convene Global AI Safety Summit in November

The Biden administration plans to convene a global safety summit on artificial intelligence, it said on Wednesday, as Congress continues to struggle with regulating the technology. Commerce Secretary Gina Raimondo and Secretary of State Anthony Blinken will host on Nov. …

Report Shows Bump in Federal Trade Secret Litigation in 2023

Analytics from Lex Machina 2024 Trade Secret Litigation Report reveals a rise in trade secret cases filed in federal district court in 2023, along with the continued steady trend of trade secret cases that involved Defend Trade Secret Act (DTSA) …

AccuWeather Estimates $7B in Damage and Economic Loss from North Carolina Storm

AccuWeather on Wednesday issued a preliminary estimate of the total damage and economic loss from an unnamed storm that struck North Carolina starting last week at $7 billion. Storm effects are continuing to be felt, and some areas have yet …

Moody’s: Private Market Insured Losses From Francine Won’t Exceed $2B

U.S. private market insured losses from Hurricane Francine are estimated to not exceed $2 billion, Moody’s RMS Event Response team said. Losses to the National Flood Insurance Program from the hurricane are estimated to be less than $200 million, the …

European Cities Brace for Peak of Floods as Cleanup Starts

Cities from Budapest to Wroclaw in Poland are racing to build up their defenses as floodwaters peak over the coming days. The floods that unleashed destruction across central Europe are receding in many places after the torrential rain from Storm …

U.S. Sues Ship Owner, Operator Over Baltimore Bridge Collapse

The U.S. sued the owner and the operator of a Singapore-flagged ship that rammed into a Baltimore bridge in March, the most aggressive action to date in response to a disaster that killed six workers and threw the region’s transportation …