Bristol Myers Squibb won the dismissal on Monday of a $6.4 billion lawsuit claiming it cheated former Celgene shareholders by delaying federal approval for the cancer drug Breyanzi and two other drugs developed by Celgene. U.S. District Judge Jesse Furman …
WCF Insurance named J.D. Ashby as senior vice president of claims. WCF also named Charles Pugh chief operating officer. Ashby started in 2002 in the legal department, transitioning into claims in 2015. He also worked in the firm’s human resources …
General Motors Co.’s robotaxi company will undergo tougher oversight and pay a fine to settle claims by US auto safety regulators that it failed to properly disclose information about a crash involving one of its cars that struck and dragged …
Tesla Inc. won dismissal of a shareholder lawsuit alleging misleading statements about self-driving capabilities propped up its stock price, though the company still faces numerous other complaints and regulatory investigations of its marketing. Tesla Chief Executive Officer Elon Musk declared …
Hurricane Helene has halted chicken processing plants and caused severe damage to some flocks, while also downing pecan trees and flattening cotton crops, as floodwaters swamped the southern U.S. Every commodity was impacted, with cotton, pecans, poultry and timber the …
AccuWeather increased its estimate of the total damage and economic loss from Hurricane Helene to between $145 billion and $160 billion. This update is an increase from AccuWeather’s preliminary estimate late last week of total damage and economic loss of …
Key industry and government officials are urging U.S. dockworkers and their employers to avoid a strike at East and Gulf coast ports this week, though many facilities are already bracing for a shutdown. “We are coordinating with partners across the …
“Fortnite” video game maker Epic Games on Monday accused Alphabet’s Google and Samsung, the world’s largest Android phone manufacturer, of conspiring to protect Google’s Play store from competition. Epic filed a lawsuit in U.S. federal court in California alleging that …
A Missouri mother and her lawyers this week will aim to convince a jury that Abbott, Reckitt’s Mead Johnson and St. Louis Children’s Hospital are responsible for a severe intestinal illness that she says her premature son got from the …
With restaurant sales projected to top $1 trillion and reach record-breaking heights this year, a California-based insurance technology company versed in the space recently analyzed data from more than 30,000 small business restaurant owners across the U.S. to determine the …