Monthly Archives: <span>March 2024</span>

Reckitt Unit Hit With $60 Million Verdict in Enfamil Baby Formula Case

An Illinois jury has ordered Reckitt Benckiser unit Mead Johnson to pay $60 million to the mother of a premature baby who died of an intestinal disease after being fed the company’s Enfamil baby formula. The jury in an Illinois …

Meta Loses Second Bid to Thwart FTC’s Change to Privacy Pact

Meta Platforms Inc. lost its second court ruling this week seeking to stop the Federal Trade Commission’s reopening a 2020 privacy settlement over allegations that the company breached the terms. In a ruling Thursday, US District Judge Randolph Moss in …

Hyundai and Kia to Recall Nearly 170,000 EVs Over Software Problem in South Korea

Hyundai Motor Co. and sister company Kia Corp. will recall about 170,000 electric vehicles (EVs) in South Korea over problems with software in the charging systems, South Korea’s transport ministry said on Thursday. Hyundai will recall 113,916 EVs in the …

India’s Navy Takes Control of Bulk Carrier Hijacked by Somali Pirates, Evacuating Crew

The Indian navy said late Saturday that it had taken control of a bulk carrier hijacked by Somali pirates and evacuated the 17 crew members on the vessel. In a statement on X, the navy said all 35 pirates on …

Treasury Asked Why US P&I Club Insures Ships Carrying Iran Oil

A Republican congressman is asking the Treasury Department to explain its handling of a US insurance company that covered dozens of tanker ships suspected of carrying sanctioned Iranian oil. Representative Zach Nunn of Iowa, a member of the House Financial …

Pressure Builds for Charge on Global Shipping Sector’s CO2 Emissions

The European Union, Canada, Japan and climate-vulnerable Pacific Island states are among 47 countries rallying support for a charge on the international shipping sector’s greenhouse gas emissions, documents reviewed by Reuters showed. The documents, being discussed at an International Maritime …

People Moves: Farmers Alliance Names Miller IT VP

Miller Named Vice President, IT for Farmers Alliance Companies Farmers Alliance Companies, headquartered in Mcpherson, Kansas, promoted Brad Miller to vice president, information technology (IT). As vice president, and a member of the corporate leadership team, Miller will continue to …

Uber Pays Australian Taxi Drivers $178 Million in Settlement

Uber agreed to pay A$271.8 million ($178 million) to compensate thousands of taxi drivers in Australia who claimed they lost income when the ride-share company entered the local market. Uber Technologies Inc. settled the class action brought by more than …

US Appeals Court Temporarily Pauses SEC Climate Disclosure Rules

A U.S. appeals court on Friday temporarily paused new rules issued by the Securities and Exchange Commission (SEC) requiring public companies to report climate-related risks. The New Orleans-based 5th U.S. Circuit Court of Appeals granted a request from Liberty Energy …

Apple Must Face Suit Claiming AirTags Are Weapon of Stalkers

Apple Inc. lost a bid to dismiss a lawsuit alleging that its AirTag devices help stalkers track their victims. US District Judge Vince Chhabria in San Francisco ruled Friday that three plaintiffs in the class-action suit had made sufficient claims …