liability News

Chemical Linked to Cancer Found in Acne Creams Including Proactiv, Clearasil

Hand sanitizers were tainted by benzene. Sunscreens and dry shampoos too. Now acne treatments are joining the list of widely used consumer products found to contain high levels of the chemical linked to cancer. Acne products from brands including Proactiv, …

New York Pet Store to Pay $300K Settlement for Selling Sick Puppies

New York Attorney General Letitia James announced that a pet store chain will have to pay $300,000 to 190 customers who they knowingly sold sick puppies to at locations on Long Island. As part of the settlement, Shake A Paw …

UnitedHealth Outlines Timeline for Restoring Services After Hack

UnitedHealth Group Inc. services are starting to be restored more than two weeks after a cyberattack on its Change Healthcare subsidiary snarled the US health system. Some parts of the network that handle payments and medical claims will come back …

Rite Aid Advisers Rake in Millions Through Bankruptcy; Opioid Victims Brace for Nothing

Nancy Zailo is at the back of the line. She’s behind Jeffrey Stein, the Rite Aid Corp. chief executive collecting $300,000 paychecks every month. She’s behind consultants at Alvarez & Marsal, who have billed the pharmacy chain $75 million and …

Huge Texas Blaze Shows Power-Line Fires Are a Widespread Threat

Massive wildfires sparked by power lines used to be a California problem, one many utility executives considered safely confined to the Golden State. No more. Texas officials on Thursday blamed the state’s largest-ever fire on electrical lines sparking in dry …

Texas Utility Pole at Center of Wildfire Suit Was Marked Unsafe to Climb

The toppled utility pole that Xcel Energy Inc. has been asked to preserve as potential evidence was inspected and marked with a “do not climb” symbol before the start of the worst wildfire in Texas history, photos seen by Bloomberg …

Lyft Earnings Report Error Prompts Shareholder Lawsuit

Lyft has been sued by shareholders for securities fraud after a mistake in a recent earnings release about a key profit metric sent the ride-sharing company’s stock price on a wild ride up, and then down. In a proposed class …

Buffett’s Oregon Fire Costs Grow as He Sours on Utilities

Berkshire Hathaway Inc.’s PacifiCorp was hit with at least another $29.3 million in damages for Oregon’s 2020 Labor Day fires, the latest blow for the company after Chairman Warren Buffett recently warned that he no longer views investments in western …

Volkswagen Faces Pair of Lawsuits Over Claim Porsche EV Battery Sparked Ship Fire

Volkswagen AG faces a pair of lawsuits in Germany over claims it was the battery in a Porsche electric vehicle that triggered the 2022 fire onboard a massive cargo ship that eventually sank with thousands of cars on board. One …

Xcel Energy Is Sued Over Worst Wildfire in Texas History

A unit of Xcel Energy Inc. was sued over claims that broken power equipment started the worst wildfire in Texas history, which has charred more than 1 million acres and killed two people. The blaze was sparked on Feb. 26 …