Apple, Investors Reach $490 Million Settlement in Fraud Case March 18, 2024 Apple Inc. reached a $490 million settlement of a class-action lawsuit brought by a group of investors who accused Chief...
Reckitt Unit Hit With $60 Million Verdict in Enfamil Baby Formula Case March 18, 2024 By Brendan Pierson An Illinois jury has ordered Reckitt Benckiser unit Mead Johnson to pay $60 million to the mother of a premature...
Meta Loses Second Bid to Thwart FTC’s Change to Privacy Pact March 18, 2024 By Leah Nylen and Sabrina Willmer Meta Platforms Inc. lost its second court ruling this week seeking to stop the Federal Trade Commission’s reopening a 2020...
Treasury Asked Why US P&I Club Insures Ships Carrying Iran Oil March 18, 2024 By Zachary R. Mider and Zeke Faux A Republican congressman is asking the Treasury Department to explain its handling of a US insurance company that covered dozens...
US Appeals Court Temporarily Pauses SEC Climate Disclosure Rules March 18, 2024 By Clark Mindock A U.S. appeals court on Friday temporarily paused new rules issued by the Securities and Exchange Commission (SEC) requiring public...
Apple Must Face Suit Claiming AirTags Are Weapon of Stalkers March 18, 2024 By Rachel Graf Apple Inc. lost a bid to dismiss a lawsuit alleging that its AirTag devices help stalkers track their victims. US...
People Moves: Moscowitz New COO at RT Specialty; Williams to Lead Nationwide’s Small Market Commercial Lines March 15, 2024 Moscowitz New COO at RT Specialty RT Specialty promoted Marissa Moscowitz to chief operating officer. Moscowitz has over 15 years...
Smartphone Screen Repairs Surge to $8.3B in 2023: Allstate Protection March 15, 2024 While smartphone use is rising, fewer phones are suffering damage that requires repairs or replacement. Good thing, because users can...
Bayer Weighs ‘Texas Two-Step’ Bankruptcy Filing Over Roundup March 15, 2024 By Jef Feeley, Tim Loh and Crystal Tse Bayer AG is weighing whether to use a controversial legal maneuver known as the Texas Two-Step bankruptcy to try to...
Music Festivals Canceled This Year Reveal Rising Costs of Producing Large Events March 15, 2024 By Ignacio Gonzalez For four decades, the Riverbend Festival delighted music fans in Tennessee with headlining acts like Lionel Ritchie and ZZ Top,...