Today: July 01, 2024
Today: July 01, 2024

Latest From Jonathan Stempel

Business|Economy

'Roaring Kitty' is sued for alleged GameStop manipulation

Keith Gill, the investor known as "Roaring Kitty" who helped spur the meme stock mania of 2021, was sued by GameStop investors who said they lost money through

'Roaring Kitty' is sued for alleged GameStop manipulation
Business|Economy

Visa, Mastercard can likely handle settlement much bigger than $30 billion, judge says

A federal judge said Visa and Mastercard can likely withstand a "substantially greater" settlement with merchants who said they overpaid on swipe fees than the

Visa, Mastercard can likely handle settlement much bigger than $30 billion, judge says
Business

US SEC trial against Terraform Labs postponed to allow Do Kwon extradition

A federal judge on Tuesday delayed the U.S.

Business

Berkshire buys Haslam family's remaining 20% Pilot stake

Warren Buffett's Berkshire Hathaway has bought the 20% stake of the Pilot truck stop business that it did not already own from the Haslam family, after

News

Eggland's Best is sued over saturated fat claims for its eggs

Eggland's Best, one of the largest U.S. egg producers, has been sued for falsely claiming that its eggs contain less saturated fat than other eggs.

News

Computer fix-it companies settle US FTC charges they lied about hacking threats

Two companies that claimed they could help rid computers of viruses and malware agreed to pay $26 million to settle U.S.

News

Reynolds Wrap aluminum foil isn't 'Made in USA,' lawsuit claims

The maker of Reynolds Wrap aluminum foil is being sued in a proposed class action claiming it misleads consumers by saying the foil is "Made in USA" though

News

Former US Army staffer pleads guilty to defrauding Gold Star families

A former U.S.

Business

Smartmatic, One America News settle election defamation lawsuit

Smartmatic has settled a lawsuit accusing right-wing television network One America News of defamation by falsely claiming that the voting technology company rigged the

News

New York affordable internet law revived by federal appeals court

A divided federal appeals court revived a 2021 New York state law intended to provide affordable high-speed internet service to low-income families, setting

News|Business

NY man who used name of fake 'Seinfeld' company pleads guilty to fraud

A Brooklyn man who ran a business named for a fake company from the TV show "Seinfeld" to swindle $1.34 million from real estate and cryptocurrency investors,

Health|Political

US urges dismissal of lawsuit demanding menthol cigarette ban

The Biden administration asked a federal judge to dismiss a lawsuit by anti-smoking groups demanding that it end nearly a year of delay and ban menthol cigarettes, which

US urges dismissal of lawsuit demanding menthol cigarette ban
Business|Economy|Opinion

Warren Buffett donates record $5.3 billion Berkshire shares to charity

Warren Buffett donated another $5.3 billion of Berkshire Hathaway stock to the Bill & Melinda Gates Foundation and four family charities, his biggest annual donation

Warren Buffett donates record $5.3 billion Berkshire shares to charity
Business|Economy

Ten big banks settle US interest rate swaps rigging litigation

Ten large banks including Bank of America, Goldman Sachs and JPMorgan Chase will pay $46 million to settle a long-running antitrust lawsuit accusing them of

Ten big banks settle US interest rate swaps rigging litigation
News|Political

US appeals court voids SEC rollback of proxy voting advice rules

A federal appeals court on Wednesday struck down part of the U.S.

US appeals court voids SEC rollback of proxy voting advice rules
Business|Economy|News

US to recover Monet, Warhol from fugitive financier Jho Low over 1MDB scandal

Jho Low, the fugitive Malaysian financier, will forfeit more than $100 million including a luxury Paris apartment and works by Claude Monet and Andy Warhol to settle

Health|News

Connecticut firefighters sue DuPont, 3M, Honeywell over allegedly contaminated gear

DuPont, 3M, Honeywell and 16 other defendants were sued on Tuesday by Connecticut firefighters who said their protective gear was contaminated by toxic "forever

Connecticut firefighters sue DuPont, 3M, Honeywell over allegedly contaminated gear
Business|Economy

Visa, Mastercard $30 billion swipe fee settlement rejected by US judge

A U.S. judge on Tuesday rejected a $30 billion antitrust settlement in which Visa and Mastercard agreed to limit fees they charge merchants that accept their

Visa, Mastercard $30 billion swipe fee settlement rejected by US judge
Education|News|Political

Louisiana is sued for requiring display of Ten Commandments in classrooms

Louisiana was sued on Monday over a new law requiring the display of the Ten Commandments in all public school classrooms in the state.

Louisiana is sued for requiring display of Ten Commandments in classrooms
News|Political|World

UNRWA is sued by Israeli victims of Oct. 7 Hamas attack

The United Nations Palestinian refugee agency was sued on Monday by dozens of Israelis who accused it of aiding and abetting the Oct. 7 Hamas attack on Israel.

UNRWA is sued by Israeli victims of Oct. 7 Hamas attack
Business|Economy|News

Warren Buffett's PacifiCorp reaches $150 million wildfire settlement

PacifiCorp, a utility owned by Warren Buffett's Berkshire Hathaway, agreed to a $150 million settlement with 378 plaintiffs arising from one of the 2020 wildfires that

Warren Buffett's PacifiCorp reaches $150 million wildfire settlement
Business|Economy

Walmart, Capital One settle lawsuit over credit card partnership

Walmart settled its lawsuit against Capital One over their credit card partnership, which had made Capital One the exclusive issuer of Walmart-branded consumer

Walmart, Capital One settle lawsuit over credit card partnership
Business|Economy

Ex-Deutsche Bank investment banker gets 41 months prison in crypto fraud

A former Deutsche Bank investment banker was ordered by a U.S. judge on Thursday to spend 41 months in prison, after pleading guilty to a Ponzi-like fraud in

Business|Economy

Massachusetts man admits to fraud tied to bogus $4 billion Getty Images bid

A Massachusetts man agreed to plead guilty to securities fraud for artificially inflating the stock price of Getty Images Holdings, including through a bogus $4 billion

Arts|Entertainment

Madonna fans end lawsuit over late concerts; singer's lawyers threaten sanctions

Two Madonna fans ended their lawsuit in New York accusing the pop superstar of starting concerts two hours late, prompting her legal team to threaten the

Madonna fans end lawsuit over late concerts; singer's lawyers threaten sanctions

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