Articles by Jonathan Stempel

Grocery Chain Wegmans Settles with New York Over Data Breach

The supermarket chain Wegmans agreed to pay $400,000 and upgrade its security practices over a data breach that exposed personal information of more than 3 million consumers nationwide, New York Attorney General Letitia James said on Thursday. Wegmans was accused …

Whole Foods Workers Lose Appeal Over ‘Black Lives Matter’ Masks

A U.S. appeals court said Whole Foods employees cannot sue the upscale grocery chain or its parent Amazon.com Inc. after being sent home without pay or disciplined for wearing Black Lives Matter face masks on the job. In a 3-0 …

Walgreens Reaches $105 Million Settlement With Shareholders

Walgreens Boots Alliance Inc. agreed to pay $105 million to settle a long-running class-action lawsuit accusing it of misleading shareholders about how rising generic drug prices and reimbursement pressures would hurt its pharmacy business. The preliminary all-cash settlement was filed …

Buffett’s Dairy Queen Loses Lawsuit Over ‘Blizzard’ Name

A federal judge ruled that Dairy Queen cannot stop W.B. Mason Co from selling “Blizzard” bottled spring water, the same name the unit of Warren Buffett’s Berkshire Hathaway Inc BRKa.N uses for a popular ice cream product. In a 217-page …

Lyft Reaches $25 Million Settlement of Claims it Hid Safety Problems Before IPO

Lyft Inc has reached a $25 million settlement to resolve shareholder claims that the ride-hailing company concealed safety problems, including sexual assaults by drivers, prior to its 2019 initial public offering. The preliminary all-cash settlement was filed on Thursday with …

EPA Ordered to Reassess Glyphosate’s Impact on Health, Environment

The U.S. Environmental Protection Agency was ordered by a federal appeals court on Friday to take a fresh look at whether glyphosate, the active ingredient in Bayer AG’s Roundup weed killer, poses unreasonable risks to humans and the environment. In …

Elon Musk Sued for $258 Billion Over Alleged Dogecoin Pyramid Scheme

Elon Musk was sued for $258 billion on Thursday by a Dogecoin investor who accused him of running a pyramid scheme to support the cryptocurrency. In a complaint filed in federal court in Manhattan, plaintiff Keith Johnson accused Musk, electric …

Buffett Donates $4 Billion to Charity

Warren Buffett on Tuesday donated about $4 billion to the Bill & Melinda Gates Foundation Trust and four family charities, part of the billionaire’s pledge to give away nearly all of his net worth. Berkshire Hathaway Inc., which Buffett has …

Rudolph Giuliani Sues Smartmatic to Recoup Legal Fees in Fox News Lawsuit

Rudolph Giuliani has sued Smartmatic to recoup legal fees as he defends against its $2.7 billion lawsuit accusing him, Fox News Network and others of falsely claiming that the company helped rig the 2020 U.S. presidential election so Joe Biden …

Deutsche Bank Investors Can Sue in U.S. Over Epstein, Russian Oligarch Ties

A U.S. judge on Monday said shareholders can sue Deutsche Bank for allegedly hiding shortfalls in its internal controls while doing business with risky, ultra-rich clients like the sex offender Jeffrey Epstein and Russian oligarchs. U.S. District Judge Jed Rakoff …