Fewer Companies Are Paying Ransoms to Hackers, Researchers Say January 19, 2023 By Margi Murphy Fewer companies that are infected with ransomware are coughing up extortion payments demanded by hackers, according to new research from...
Fox Chief Rupert Murdoch to Be Deposed in $1.6B Dominion Defamation Case January 19, 2023 By Helen Coster and Jack Queen Fox Corp. Chairman Rupert Murdoch is expected to be questioned under oath on Thursday and Friday in a defamation lawsuit...
U.S. Appeals Court to Weigh NCAA Case Over Pay for Athletes January 19, 2023 By Maryclaire Dale The NCAA will ask a federal appeals court next month to block a lawsuit that seeks to have athletes treated...
USDA Rolls Out Rule to Stop Fraud in Organic Food Sales January 19, 2023 By Tom Polansek The U.S. government plans to impose new regulations on food producers and handlers aimed at reducing fraudulent schemes in which...
Allstate Readies Investors for Q4 Loss of Up to $335M January 19, 2023 By Chad Hemenway Allstate Corp. on Wednesday said it expects to end 2022 in the red with a net loss of between $285...
FTX Reports $415M in Hacked Crypto, Bankman-Fried Says FTX U.S. Is Solvent January 18, 2023 By Dietrich Knauth Bankrupt crypto exchange FTX said in a report to creditors on Tuesday that about $415 million in cryptocurrency had been...
Costco Must Face Lawsuit Over ‘Dolphin Safe’ Tuna Claim January 18, 2023 By Jonathan Stempel A U.S. judge on Tuesday said Costco Wholesale Corp. must face a lawsuit claiming it falsely advertises and labels its...
Cyber and Business Interruption Top 2023 Threats: Allianz Risk Barometer January 18, 2023 Cyber incidents and business interruption rank as the biggest company concerns for the second year in a row, according to...
Duane Morris: 2022 Was a Banner Year for Billion-Dollar Class Action Settlements January 18, 2023 Drugmakers and distributors that settled misconduct allegations related to the national opioid epidemic led to a banner year for class-action...
Skyward Specialty Finds 2023 Is Right for IPO January 18, 2023 By Ezra Amacher Houston, Texas-based Skyward Specialty on Friday became the first U.S. company to launch an initial public offering in the calendar...