October 25, 2024
The owner and operator of the cargo ship that struck Baltimore’s Francis Scott Key Bridge in March, killing six people, have agreed to pay $102 million to the federal government, the U.S. Justice Department said on Thursday. The department in …
October 25, 2024
Meta Platforms Inc., Google, TikTok and Snap will have to face lawsuits brought by school districts in federal court blaming their “addictive” apps for contributing to a mental health crisis among students. The ruling Thursday by US District Judge Yvonne …
October 25, 2024
A former Avenue Capital Group employee accused by Marc Lasry in a recent court filing of trying to extort him for $50 million has hit back with a lawsuit of her own. Gina Strum, who worked in business development at …
October 25, 2024
Certified Restoration Drycleaning Network added franchises in Missouri, Northern California and Southern Oregon. New franchise owners Andrew Hoskins and Tyler Berry will service Kansas City, Missouri, while new franchise owner Justine Maier will service Northern California and Southern Oregon. CRDN …
October 25, 2024
Bankrupt hedge fund Weiss Multi-Strategy Advisers LLC and its largest creditor, Jefferies Financial Group, are discussing a potential settlement that would resolve litigation related to the collapse of George Weiss’ eponymous firm. A Weiss lawyer said in a Wednesday bankruptcy …
October 25, 2024
A Colorado man has filed what appears to be the first lawsuit against McDonald’s over an E. coli outbreak linked to Quarter Pounder burgers that has killed one person and sickened nearly 50 others. The lawsuit, filed in Circuit Court …
October 25, 2024
The sex-for-investment scandal that swiftly deposed Australian tech billionaire Richard White is just the latest corporate calamity in a country fast losing its reputation as a tightly-regulated market with strict governance standards. More than A$7.7 billion ($5.1 billion) of market …
October 24, 2024
A California Workers’ Compensation Institute analysis opioid prescription data between 2017 and 2023 from the California Department of Justice’s Controlled Substance Utilization Review and Evaluation System builds on prior CWCI studies by tracking multiple opioid utilization metrics. The study examines …
October 24, 2024
The U.S. home insurance industry has experienced an upward trend in all-peril loss costs over the past seven years, according to a new report released by LexisNexis Risk Solutions. The ninth annual LexisNexis U.S. Home Trends Report found that all-perils …
October 24, 2024
Honda is recalling 780,000 vehicles in North America over concerns that a high-pressure fuel pump may crack and leak fuel. A fuel leak in the presence of an ignition source could increase the risk of a fire, the automaker told …