Porsche to Pay $80 Million to Resolve Fuel Economy Claims on U.S. Vehicles June 17, 2022 By David Shepardson Volkswagen AG and its Porsche AG unit have agreed to a class-action settlement worth at least $80 million to resolve...
FTC Fires Warning Shot at Drug Middlemen Over Rebates, Fees June 17, 2022 By Diane Bartz The Federal Trade Commission (FTC) voted unanimously Thursday to increase scrutiny of pharmacy benefit managers that act as middlemen between...
Appeals Court First to Rule in Favor of Coverage for COVID Shutdown June 17, 2022 By Jim Sams The attorney who filed the first U.S. lawsuit seeking insurance coverage for a business shut down because of coronavirus won...
Nasdaq Urges SEC Not to Move Ahead with Climate Disclosure Plan June 17, 2022 By Katherine Doherty and Lydia Beyoud Nasdaq Inc. is pushing back against the US Securities and Exchange Commission’s plans to make publicly traded companies reveal detailed...
Elon Musk Sued for $258 Billion Over Alleged Dogecoin Pyramid Scheme June 17, 2022 By Jonathan Stempel Elon Musk was sued for $258 billion on Thursday by a Dogecoin investor who accused him of running a pyramid...
People Moves: Liberty Mutual Promotes Foley, Ughetta; Ex-Regulator Joins Lemonade June 16, 2022 Liberty Mutual Name Foley, Ughetta to New Posts Liberty Mutual Insurance announced that Melanie Foley has been named executive vice...
Buffett Donates $4 Billion to Charity June 16, 2022 By Jonathan Stempel Warren Buffett on Tuesday donated about $4 billion to the Bill & Melinda Gates Foundation Trust and four family charities,...
Gunmaker Sig Sauer Sued by Veteran Claiming Pistol Goes Off by Itself June 16, 2022 By Michael Rubinkam A pistol made by Sig Sauer and sold to law enforcement and civilians alike is prone to going off without...
Tesla Leads in Driver-Assisted Technology Crashes: NHTSA June 16, 2022 By David Shepardson Tesla Inc. reported 273 vehicle crashes since July involving advanced driving assistance systems, more than any other automaker, according to...
Ford Recalls 3.3 Million Vehicles Over Rollaway Concerns June 16, 2022 By David Shepardson Ford Motor Co F.N is recalling more than 3.3 million vehicles in North America that could roll away because a...