University Lawsuit Accuses Big Retailers of Infringing ‘Reinvented’ Light Bulb Patent July 31, 2019 By Jonathan Stempel Five major retailers, including Amazon.com Inc and Walmart Inc, were sued on Tuesday by the University of California over what...
Bayer Vows Appeal After Judge Cuts Roundup Jury Award to $25M from $80M July 16, 2019 By Jonathan Stempel A federal judge on Monday slashed a damages award Bayer AG owed a California man who blamed Roundup weed killer...
Sandy Hook Parents Lose Appeal Against Newtown Over School Shooting July 15, 2019 By Jonathan Stempel A Connecticut state appeals court has rejected an appeal by the parents of two shooting victims of the 2012 Sandy...
Bondholders Propose Bankruptcy Exit Plan Up to $30B for PG&E June 26, 2019 By Jonathan Stempel A committee of bondholders of PG&E Corp.’s utility unit on Tuesday proposed a bankruptcy reorganization plan that would inject up...
JetBlue Lawsuit Claims Walmart Violates Its Trademark with Jetblack Service June 25, 2019 By Jonathan Stempel JetBlue Airways Corp. has sued Walmart Inc. for trademark infringement, in an effort to stop the world’s largest retailer from...
Court Relieves Insurers of $65 Million Payment Linked to Stanford Ponzi Scheme June 18, 2019 By Jonathan Stempel A federal appeals court on Monday threw out a settlement requiring insurers to pay $65 million to a court-appointed receiver...
$200M Settlement Reached in Tribune Leveraged Buyout Fraud Case June 13, 2019 By Jonathan Stempel Real estate billionaire Sam Zell and other former officers and directors of Tribune Co. have reached a $200 million settlement...
Cryptocurrency Pioneer Justin Sun Pays $4.5 Million for Charity Lunch with Buffett June 3, 2019 By Jonathan Stempel Cryptocurrency pioneer Justin Sun bid a record $4.57 million to have lunch with billionaire investor Warren Buffett, who famously referred...
Facebook Must Turn Over Records on How Execs Handle Data Privacy, Judge Rules May 31, 2019 By Jonathan Stempel A U.S. judge ordered Facebook Inc. to give shareholders emails and other records concerning how the social media company handles...
Los Angeles County Files Suit Against Bayer’s Monsanto over PCBs May 31, 2019 By Jonathan Stempel Los Angeles County sued Monsanto Co. on Thursday, seeking to force the unit of Germany’s Bayer AG to help pay...