Facebook Must Face Privacy Class Action Over Collecting Biometric Data August 12, 2019 By Jonathan Stempel A federal appeals court on Thursday rejected Facebook Inc.’s effort to undo a class action lawsuit claiming that it illegally...
Report Bayer Offered $8 Billion to Settle Roundup Claims Is ‘Fiction,’ Says Mediator August 11, 2019 By Jonathan Stempel and Ludwig Burger Bayer AG has not offered to pay billions of dollars to settle claims in the United States related to the...
Berkshire Hathaway’s Q2 Reflects Slowing Economy, Trade Policy August 5, 2019 By Jonathan Stempel Berkshire Hathaway Inc. on Saturday said its quarterly operating profit fell more than analysts expected, as weakness in insurance underwriting,...
Court Upholds Facebook Immunity in Case Brought by Terrorist Attack Victims August 1, 2019 By Jonathan Stempel Facebook Inc. on Wednesday defeated an appeal by American victims of Hamas attacks in Israel, who sought to hold the...
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...