Jack Dorsey's Block Inc. hit with lawsuit for name change
The tax preparer argues the fintech startup's name change will "improperly capitalize on the goodwill and consumer trust" that has been cultivated since 1955.
Ousted McDonald's CEO returns $105M in misconduct settlement
Former McDonald’s CEO Steve Easterbrook has returned more than $105 million in equity awards and cash to the fast-food chain as part of a misconduct settlement.
US grand jury accuses Amplify Energy of negligence in oil spill
A federal grand jury has accused Amplify Energy Corp and two of its subsidiaries of illegally and negligently discharging oil during a pipeline break in California in October and failing to respond to alarms.
Boy Scouts secure $800 million from Chubb insurer for sex abuse settlements
One of the Boy Scouts of America's primary insurers, Chubb Ltd unit Century Indemnity Company, said on Monday it will contribute $800 million to a deal proposed by the youth organization to settle around 82,500 claims from people who say they were sexually abused as children by troop leaders.
Will new bacon law begin? California grocers seek delay
A coalition of California restaurants and grocery stores has filed a lawsuit to block implementation of a new farm animal welfare law, adding to uncertainty about whether bacon and other fresh pork products will be much more expensive or in short supply in the state when the new rules take effect on New Year's Day.
CNN faces prime-time uncertainty after firing Chris Cuomo
CNN’s firing of anchor Chris Cuomo leaves a major void in its crucial 9 p.m. hour, at a time when the network is already struggling to reverse a decline in ratings.
Monsanto to plead guilty to illegal pesticide use in Hawaii
The Monsanto agrochemical company said Thursday in court documents that it has agreed to plead guilty to illegally using and storing pesticides in Hawaii and will pay $12 million in fines.
'Pharma Bro' firm reaches $40M settlement in gouging case
A company once owned by "Pharma Bro" Martin Shkreli will pay up to $40 million to settle allegations that it jacked up the price of a life-saving medication by roughly 4 ,000% after obtaining exclusive rights to the drug, the Federal Trade Commission announced Tuesday.
Money, money, money: ABBA sues over Abba Mania cover band
The Swedish pop supergroup ABBA on Friday filed a lawsuit to stop a British cover band known as Abba Mania from using that name.
Nevada court sides with gunmakers in Las Vegas shooting suit
Nevada’s Supreme Court ruled gun manufacturers cannot be held responsible for the deaths in the 2017 mass shooting on the Las Vegas Strip because a state law shields them from liability unless the weapon malfunctions.
FTC challenges Nvidia’s deal for Arm Holdings
The Federal Trade Commission on Thursday sued to block U.S. chip supplier Nvidia Corp.’s proposed landmark takeover of semiconductor-design specialist Arm Holdings, arguing the chip-industry deal is anticompetitive.
Australia to introduce new laws to force media platforms to unmask online trolls
Australia will introduce legislation to make social media giants provide details of users who post defamatory comments, Prime Minister Scott Morrison said on Sunday.
Elizabeth Holmes denies deception at her criminal trial
Biotechnology entrepreneur Elizabeth Holmes, a former billionaire accused of engineering a massive medical scam, expressed some remorse while on the witness stand Tuesday, but denied trying to conceal that her company's blood-testing methods weren't working as she had promised.
Juul to pay $14.5M to settle Arizona vaping lawsuit
Juul Labs will pay Arizona $14.5 million to settle a consumer fraud lawsuit.
The Elizabeth Holmes trial: Founder recounts ‘big idea’ that led to creation of Theranos
Elizabeth Holmes took jurors into the Theranos Inc. lab Monday during her continued testimony at her criminal-fraud trial, describing ways the startup sought to reduce errors in lab testing and miniaturize traditionally bulky blood-testing machines.
Prosecutors in Elizabeth Holmes trial revealed untruths, but did they prove intent?
Over 11 weeks of testimony, prosecutors in Theranos Inc. founder Elizabeth Holmes' trial presented a narrative of a CEO who repeatedly fabricated the successes of her technology as she built a blood-testing startup that ultimately failed. They now have to hope they convinced jurors her behavior rose to the level of criminal fraud.
Couple's $86M award in Monsanto pesticide case stands
California's highest court rejected on Wednesday a challenge by Monsanto Co.'s to $86.2 million in damages to a couple who developed cancer after spraying the company's Roundup weed-killer in their yards for three decades.
Los Angeles will make diners ask for ketchup to go with their fries, in the name of fighting climate change
Los Angeles officials will look to respond to climate change with big changes in a little package by banning the distribution of ketchup packets at restaurants - unless customers first ask for one.
United Airlines' vaccine mandate leads to lawsuit from pilot placed on unpaid leave: report
A longtime pilot is reportedly suing United Airlines for being placed on unpaid leave as a result of not following the company’s coronavirus vaccine mandate.
Judge: Trump company doesn't have to pay Cohen’s legal bills
Donald Trump’s company won’t have to pay hefty legal bills incurred by his former personal lawyer and fixer Michael Cohen.



















