Today: July 03, 2024
Today: July 03, 2024

Latest From Jonathan Stempel

Business

Boeing is sued by shareholders following MAX 9 blowout

Boeing has been sued by shareholders who said the company prioritized profit over safety and misled them about its commitment to making safe aircraft, prior to

Boeing is sued by shareholders following MAX 9 blowout
Business

Visa is sued over 'Vanilla' gift card scam

Visa was sued on Tuesday by consumers who said the card payments network failed to make prepaid "Vanilla" gift cards less likely to being drained by thieves.

Visa is sued over 'Vanilla' gift card scam
Business

American Airlines is sued for seizing cardholders' frequent flier miles

American Airlines was sued on Monday in a proposed class action by two customers who said the carrier stripped them of 1.1 million frequent flier miles after they

American Airlines is sued for seizing cardholders' frequent flier miles
Business

Levi Strauss sues Italy's Brunello Cucinelli over trademarked tab

Levi Strauss has sued Brunello Cucinelli, accusing the Italian luxury fashion brand of infringing its trademarked rectangular pocket tab.

Levi Strauss sues Italy's Brunello Cucinelli over trademarked tab
Business

US SEC willing to delay Terraform Labs trial for Do Kwon's extradition

The U.S.

US SEC willing to delay Terraform Labs trial for Do Kwon's extradition
Business

Danone must face Evian water 'carbon neutral' lawsuit

A judge in New York ruled on Wednesday that Danone must face a lawsuit challenging its "carbon neutral" claim on bottles of Evian spring water.

Danone must face Evian water 'carbon neutral' lawsuit
Business

Apple agrees to settle lawsuit over iTunes gift card scam

Apple has agreed to settle a lawsuit accusing the company of knowingly letting scammers exploit its gift cards, and keep stolen funds for itself.

Apple agrees to settle lawsuit over iTunes gift card scam
Business

Hershey is sued over lack of artistic detail on Reese's candies

Hershey has been sued by a Florida woman who said its holiday-themed Reese's peanut butter candies lack the artistic details shown on the packaging that make them worth

Hershey is sued over lack of artistic detail on Reese's candies
Business

Judge certifies Johnson & Johnson shareholder class action over talc disclosures

A federal judge said Johnson & Johnson shareholders may pursue as a class action their lawsuit accusing the company of fraudulently concealing how its talc

Judge certifies Johnson & Johnson shareholder class action over talc disclosures
Business

Google settles $5 billion consumer privacy lawsuit

Alphabet's Google has agreed to settle a lawsuit claiming it secretly tracked the internet use of millions of people who thought they were doing their browsing

Google settles $5 billion consumer privacy lawsuit
Business

NY Times sues OpenAI, Microsoft for infringing copyrighted works

The New York Times sued OpenAI and Microsoft on Wednesday, accusing them of using millions of the newspaper's articles without permission to help train

NY Times sues OpenAI, Microsoft for infringing copyrighted works
Business

Judge set to rule on Berkshire Hathaway request for speedy trial over Pilot unit

A Delaware judge said she will decide by Friday whether to give Warren Buffett's Berkshire Hathaway a January trial date over a dispute of how to value truck stop

Judge set to rule on Berkshire Hathaway request for speedy trial over Pilot unit
Business

Analysis-After Munger's death, Berkshire succession comes into focus

The death of Berkshire Hathaway's Charlie Munger heralds the end of an era, leaving Warren Buffett as the conglomerate's lone investing legend and shining the spotlight

Analysis-After Munger's death, Berkshire succession comes into focus
Business

Charlie Munger, the 'Oracle of Pasadena' who was Buffett's second-in-command

Charles Munger, who died on Tuesday, went from working for Warren Buffett's grandfather for 20 cents an hour during the Great Depression to spending more than

Charlie Munger, the 'Oracle of Pasadena' who was Buffett's second-in-command
Business

Citigroup managing director sues over sexual harassment

Citigroup was sued on Monday by a managing director who said a former top equities banker subjected her to sexual harassment and abuse including death threats.

Citigroup managing director sues over sexual harassment
Business

Tesla beats lawsuit claiming it monopolizes repairs, parts

A U.S. judge dismissed an antitrust lawsuit accusing Elon Musk's electric car company Tesla of forcing customers to pay high prices and suffer long waits for repairs by

Tesla beats lawsuit claiming it monopolizes repairs, parts
Business

Nikola founder Trevor Milton seeks probation after fraud conviction

Trevor Milton, the convicted founder of electric- and hydrogen-powered truck maker Nikola, is seeking to avoid prison, with his lawyers saying his case

Nikola founder Trevor Milton seeks probation after fraud conviction
Business

Manhattan real estate brokerages are sued for inflating commissions

A lawsuit filed on Monday accuses the Real Estate Board of New York (REBNY) and more than two dozen brokerages and companies of conspiring to artificially

Manhattan real estate brokerages are sued for inflating commissions
Business

GE settles US claims it sold improperly inspected parts to Army, Navy

General Electric's aerospace unit agreed on Monday to pay $9.4 million to settle federal government claims that a Massachusetts plant sold parts to the U.S.

GE settles US claims it sold improperly inspected parts to Army, Navy
Business

Barclays is sued over ex-CEO's ties to Jeffrey Epstein

Barclays was sued this week by investors in its U.S.-listed securities who said the British bank misled them about former Chief Executive Jes Staley's ties to the

Barclays is sued over ex-CEO's ties to Jeffrey Epstein
Business

Uber settles New York state claims related to unemployment benefits for drivers

Uber Technologies has reached a settlement with the New York State Department of Labor to help ensure that eligible drivers and couriers can obtain

Uber settles New York state claims related to unemployment benefits for drivers
Business

SafeMoon executives charged in US with fraud related to crypto token

The founder and two top executives at SafeMoon, whose namesake crypto token was once valued at more than $8 billion, have been charged by the U.S.

SafeMoon executives charged in US with fraud related to crypto token
Business

Buffett's Berkshire is sued by Haslam family over Pilot truck stop takeover

Warren Buffett's Berkshire Hathaway is being sued by the billionaire Haslam family, which accused the conglomerate of using improper accounting to devalue its remaining

Buffett's Berkshire is sued by Haslam family over Pilot truck stop takeover
Business

Consumer Reports finds more lead, cadmium in chocolate, urges change at Hershey

Consumer Reports on Wednesday said it has found "concerning" levels of lead and cadmium in a new array of chocolate products, and renewed its call for Hershey

Consumer Reports finds more lead, cadmium in chocolate, urges change at Hershey
Business

Former Goldman banker Ng to be returned in Malaysia in 1MDB case

Former Goldman Sachs banker Roger Ng, facing 10 years in prison after being convicted in New York of helping loot billions of dollars from Malaysia's 1MDB

Former Goldman banker Ng to be returned in Malaysia in 1MDB case

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