Exxon Mobil Corp. won a closely watched securities-fraud trial that delved into its internal accounting for the financial risks of climate change, a striking rejection of New York state’s claim that the company misled investors for years. The ruling Tuesday …
Johnson & Johnson Chief Executive Officer Alex Gorsky has declined to appear at a U.S. congressional hearing set for Tuesday on the safety of the company’s Baby Powder and other talc-based cosmetics. In an announcement, the House of Representatives Subcommittee …
The U.S. Supreme Court on Monday turned away a novel case by Arizona seeking to recover billions of dollars that the state has said that members of the Sackler family — owners of Purdue Pharma LP — funneled out of …
The Federal Aviation Administration (FAA) said on Friday it seeks to impose a $3.9 million fine on Boeing Co, alleging it failed to prevent the installation of defective parts on about 130 737 NG airplanes. The FAA alleged that Boeing …
Another Tesla Inc. vehicle operating on the carmaker’s driver-assistance system branded as Autopilot has crashed into a emergency vehicle parked on the side of the road, eliciting fresh warnings about the shortcomings of automated technology on public roads. A Tesla …
Elon Musk beat back a defamation claim from a British cave expert who sued the billionaire CEO over a tweet in which Musk labeled Vernon Unsworth a “pedo guy.” A federal jury in Los Angeles Friday took about an hour …
FRISS Appoints Product Development Leader FRISS, an international provider of risk analytics services to property and casualty insurers, has appointed Dan Gumpright as global vice president of products. Gumpright will drive the company’s development teams to strengthen fraud indicators and …
Another state insurance commissioner is warning auto insurers about the overuse of photo estimates when making settlement offers. Vermont Insurance Commissioner Michael Pieciak issued a bulletin on Thursday to “clarify the division’s position regarding the use of visual adjusting.” “While …
LOS ANGELES — A British cave explorer who helped rescue a dozen boys and their soccer coach from a flooded Thailand cave last year testified Wednesday that Elon Musk branded him a pedophile and sullied his reputation. Vernon Unsworth choked …
One consequence of America’s Cyber Monday shopping binge is the imminent arrival of $9.4 billion worth of merchandise on the nation’s doorsteps. And that will cue the annual cries of frustration about porch pirates — along with a raft of …