April 21, 2022
Elon Musk will not be subjected to a “gag order” preventing him from discussing a lawsuit claiming he defrauded Tesla Inc. shareholders by tweeting in 2018 about taking his electric car company private, a federal judge ruled on Wednesday. U.S. …
April 21, 2022
CalPERS, the largest U.S. public pension fund, on April 19 said it will vote for a shareholder proposal that Berkshire Hathaway Inc. replace Warren Buffett as chairman, though he would remain chief executive officer. The fund, whose full name is …
April 14, 2022
A federal judge said on Wednesday Tesla Inc. was liable to a Black elevator operator who said the electric car company ignored racial abuse at the factory where he worked, but reduced a nearly $137 million jury award to $15 …
April 13, 2022
The law firm that defended Martin Shkreli against antitrust charges said it has not been paid, and on Tuesday asked a U.S. judge for permission to withdraw from representing the former pharmaceutical executive best known for hiking the price of …
March 31, 2022
A U.S. judge on Wednesday said Grubhub, Uber Eats and Postmates must face an antitrust lawsuit by diners who accused them of driving up menu prices by exploiting their dominance in meal deliveries during the COVID-19 pandemic. U.S. District Judge …
March 29, 2022
A federal judge on Monday dismissed long-running litigation accusing seven U.S. stock exchanges of defrauding ordinary investors by quietly allowing high-frequency traders to trade faster and at better prices. Exchanges including the New York Stock Exchange, Nasdaq and BATS Global …
March 22, 2022
Rhode Island’s attorney general on Monday announced settlements he valued at $107 million against the drugmakers Teva Pharmaceutical Industries and AbbVie’s Allergan unit to resolve claims over their roles in fueling an opioid epidemic in the state. Attorney General Peter …
March 21, 2022
A lawsuit filed on Friday accuses Google of systemic racial bias against Black employees, saying the search engine company steers them to lower-level jobs, pays them less and denies them opportunities to advance because of their race. According to a …
March 18, 2022
Fox News on Thursday appealed a judge’s decision to let voting systems company Smartmatic pursue a $2.7 billion defamation lawsuit alleging that the network falsely accused it of rigging the 2020 U.S. presidential election against incumbent Donald Trump. The network, …
March 15, 2022
A federal appeals court on Tuesday rejected Exxon Mobil Corp.’s effort to stop Massachusetts and New York from probing whether the oil company lied to investors and the public regarding what it knew about climate change. The 2nd U.S. Circuit …