National News

Dodd to Head up Halliwell’s USA Operations

Halliwell USA named Tracey D. Dodd to the position of president. Dodd will lead the company’s market facing efforts, brand development, and growth strategy, including a new environmental consulting service. Dodd heads up Halliwell’s U.S. operations with Chad Zielinski. As …

Report: California Auto Sales Leveling off, Tesla Sales Slip

New vehicle registrations in California seem to be leveling off, while consumer tastes for Telsas cooled slightly. California’s new light vehicle registrations fell by 1.7% from a year earlier, totaling 1,320,708 units, an outlook covering the first three quarters of …

Economists Boost US Growth, Spending Forecasts into Early 2025

Economists nudged up quarterly U.S. economic growth projections through early next year on more sanguine views of consumer demand and maintained views that limited inflation will keep the Federal Reserve on a path toward lower borrowing costs. The slight upward …

Barclays Wins Court Cut in Value of UK Investor Dark Pool Trading Suit

Barclays Plc won a bid to cut more than half of the value of a London lawsuit brought by investors over allegations about its dark pool trading system after a judge struck out a series of claims. More than 100 …

BHP, Vale Reach $30 Billion Brazil Settlement for Dam Disaster

BHP Group and Vale SA have signed a 170 billion-real ($29.8 billion) settlement with Brazil over the deadly Mariana dam collapse in 2015 at their iron ore joint venture. The settlement, which includes 38 billion reais, or about $6.7 billion, …

Cargo-Ship Owner to Pay US $102M Over Baltimore Bridge Collapse, DOJ Says

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 …

Meta, Google, TikTok Must Face Schools’ Addiction Claims

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 …

Avenue’s Lasry Faces Harassment Suit After Filing Extortion Case

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 …

CRDN Expands to Missouri, Northern California and Southern Oregon

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 …

George Weiss Hedge Fund in Talks With Jefferies to Settle Suit

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 …

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