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Walmart Pumps $200M Into India’s PhonePe, to Build Insurance, Wealth Businesses
Mar 17 2023 // Indian digital payments firm PhonePe said on Friday it has raised $200 million from majority backer Walmart Inc. at a pre-money valuation of $12 billion. PhonePe, already India’s most valuable payments firm and among...
Families of Texas School Shooting Settle Suit With Ammo Retailer
Mar 6 2023 // The families of those killed and injured in a 2018 Texas high school shooting have settled a lawsuit they had filed against a Tennessee-based online retailer accused of illegally selling ammunition to the student who...
Walmart Loses Challenge to OSHA Finding in Injury at New York Warehouse
Feb 28 2023 // Walmart Inc. violated federal workplace safety standards at its warehouse in Johnstown, New York, when it failed to prevent stored merchandise from falling onto – and seriously injuring – an employee in 2017, a federal...
Families of 2018 Texas School Shooting Settle Suit With Ammo Retailer
Feb 14 2023 // HOUSTON (AP) – The families of those killed and injured in a 2018 Texas high school shooting have settled a lawsuit they had filed against a Tennessee-based online retailer accused of illegally selling ammunition to the...
Supreme Court Rejects Gun Retailers’ Objection to New York Regulations
Jan 19 2023 // The US Supreme Court refused to block new safety and record-keeping requirements that apply to New York gun retailers, letting the provisions stay in effect while a legal fight goes forward. The justices, without...
Massachusetts Settles With Walmart Over Workers’ Compensation Drug Prices
Dec 7 2022 // Retail pharmacy Walmart, Inc. has agreed to pay $500,000 to Massachusetts after allegedly failing to follow the state’s prescription pricing procedures designed to keep costs down in the workers’ compensation...
Markets/Coverages: BTIS and RLI Cater to Home-Based Businesses; Cover Genius Targets Midsize Retailers with Warranty App
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