Where’s the Beef? McDonald’s, Wendy’s Are Sued Over Burger Sizes May 18, 2022 By Jonathan Stempel Justin Chimienti thought the Big Mac he bought at McDonald’s and the Bourbon Bacon Cheeseburger he bought at Wendy’s would...
Allianz to Pay Over $6B for Structured Alpha Fraud, Former Fund Manager Indicted May 17, 2022 By Tom Sims, Alexander Hübner and Jonathan Stempel Germany’s Allianz SE agreed to pay more than $6 billion and its U.S. asset management unit pleaded guilty to criminal...
Judge Says ‘Vape’ Musical Parody May Go On as ‘Grease’ Copyright Claim Flops May 13, 2022 By Jonathan Stempel A U.S. judge on Thursday ruled that “Vape: The Musical,” which mocks the blockbuster 1978 film “Grease,” amounted to fair...
Court Says Federal Law Preempts, Tosses New York Suit Over Amazon Worker Safety May 11, 2022 By Jonathan Stempel A New York state appeals court on Tuesday dismissed state Attorney General Letitia James’ lawsuit accusing Amazon.com Inc. of failing...
Intuit to Pay $141 Million to Settle TurboTax Deception Claims May 6, 2022 By Jonathan Stempel Intuit Inc agreed to pay $141 million in restitution to settle claims by all 50 U.S. states and Washington, D.C.,...
Woman Says Amazon.com Fired Her Because She Got ‘Long Covid’ – Lawsuit May 4, 2022 By Jonathan Stempel NEW YORK –– A former Amazon.com Inc. employee sued the online retailer on Monday, saying it wrongly fired her and...
Berkshire Shareholders Vote to Keep Buffett as Chairman, Reject Climate Disclosures May 2, 2022 By Carolina Mandl and Jonathan Stempel Berkshire Hathaway Inc. shareholders on Saturday rejected proposals to have an independent chair replace Warren Buffett, and require his company...
Berkshire Investors Nudge for Better Governance, Social Issues as Meeting Looms April 29, 2022 By Carolina Mandl and Jonathan Stempel Warren Buffett will face pressure to improve Berkshire Hathaway Inc’s environmental and social policies as well as governance when he...
Judge Rejects ‘Gag Order’ for Elon Musk April 21, 2022 By Jonathan Stempel Elon Musk will not be subjected to a “gag order” preventing him from discussing a lawsuit claiming he defrauded Tesla...
Largest Public Pension Fund to Vote to Replace Buffett as Berkshire Chairman April 21, 2022 By Jonathan Stempel CalPERS, the largest U.S. public pension fund, on April 19 said it will vote for a shareholder proposal that Berkshire...