Meta Platforms Defeats Shareholder Lawsuit Over Child Safety Claims October 23, 2024 By Jonathan Stempel Meta Platforms and Chief Executive Mark Zuckerberg won the dismissal of a lawsuit claiming they misled shareholders in Meta’s proxy...
Walmart to Pay $7.5M to Resolve California Hazardous Waste Charges October 23, 2024 By Jonathan Stempel Walmart will pay $7.5 million to resolve charges that the largest U.S. retailer illegally disposed of hazardous and medical waste...
Supreme Court Rejects ‘Pharma Bro’ Shkreli’s Appeal of $64.6 Million Penalty October 7, 2024 By Jonathan Stempel The U.S. Supreme Court declined on Monday to hear former pharmaceutical company CEO Martin Shkreli’s challenge to a $64.6 million...
US DOJ Charges British Man Over ‘Hack-to-Trade’ Scheme October 2, 2024 By Jonathan Stempel A British man has been arrested and charged by U.S. authorities with hacking into the computers of five companies to...
Judge Dismisses Shareholder Lawsuit Against Tesla, Musk Over Self-Driving Promises October 1, 2024 By Jonathan Stempel Tesla and its CEO Elon Musk on Monday won the dismissal of a lawsuit accusing them of defrauding shareholders by...
Judge Rules eBay Not Liable for Selling Harmful Products October 1, 2024 By Jonathan Stempel A federal judge dismissed a U.S. Department of Justice lawsuit accusing eBay of violating environmental laws by allowing the sale...
American Eagle Outfitters Sues Amazon for Infringing ‘Aerie’ Trademarks September 26, 2024 By Jonathan Stempel American Eagle Outfitters sued Amazon.com on Wednesday, accusing it of intentionally infringing the clothing and accessories retailer’s “Aerie” and “Offline...
SEC Intends to Seek Sanctions Against Elon Musk in Twitter Probe September 23, 2024 By Jonathan Stempel and Chris Prentice The U.S. Securities and Exchange Commission said on Friday it intends to seek sanctions against Elon Musk after he failed...
Big Oil Companies Defeat Consumer Lawsuit Over Production, Prices September 17, 2024 By Jonathan Stempel Several oil companies including Exxon Mobil and Chevron defeated an appeal on Monday by consumers who accused them of colluding...
Walgreens Paying $106.8 Million to Settle Prescription Billing Fraud Charges September 16, 2024 By Jonathan Stempel Walgreens Boots Alliance agreed to pay $106.8 million to settle charges it fraudulently billed the U.S. government for prescriptions that...