Black Media Mogul Allen Alleges Advertising Bias in Suing McDonald’s for $10 Billion May 21, 2021 By Jonathan Stempel McDonald’s Corp. was sued on Thursday for at least $10 billion by two companies owned by media entrepreneur Byron Allen,...
5 Women File Employment Discrimination Suits Against Amazon.com May 20, 2021 By Jonathan Stempel Amazon.com Inc. was hit on Wednesday with five new lawsuits by women who worked in corporate or warehouse management roles,...
Suit Claims Owners Drove Brooks Brothers to Bankruptcy to Avoid Paying Investor May 20, 2021 By Jonathan Stempel and Claudia Cristoferi The billionaire Italian family that until recently owned Brooks Brothers has been accused in a lawsuit of driving the iconic...
Buffett’s Berkshire Hathaway Takes Big Stake in Aon May 17, 2021 By Jonathan Stempel Berkshire Hathaway Inc. said on Monday it has taken a $943 million stake in insurance brokerage Aon Plc and sold...
Buffett Says Non-Insurance Executive Abel Is His Likely Successor May 3, 2021 By Jonathan Stempel and Niket Nishant Warren Buffett ended long-running speculation about his successor at Berkshire Hathaway Inc by saying Greg Abel, who oversees the conglomerate’s...
Buffett Extols U.S. Economic Recovery, Laments SPACs, Shrugs Off Tax Hike May 3, 2021 By Jonathan Stempel and John McCrank Warren Buffett said on Saturday that Berkshire Hathaway Inc. is being lifted by a U.S. economy faring far better than...
New York Begins Probe Into Toxic Metals in Baby Food April 30, 2021 By Jonathan Stempel New York’s attorney general said on Thursday she has opened a probe into whether baby food contains arsenic and other...
Mastermind of Largest Known Ponzi Scheme, Bernie Madoff, Dies in Prison at 82 April 14, 2021 By Jonathan Stempel and Bill Trott NEW YORK — Bernard Madoff, who for decades masqueraded as a successful and trustworthy Wall Street kingpin before admitting to...
New York City Loses Appeal Seeking to Hold Oil Firms Liable for Global Warming Effects April 1, 2021 By Jonathan Stempel and Sebastien Malo A federal appeals court on Thursday rejected New York City’s effort to hold five major oil companies liable to help...
Boston Scientific Settles States’ Surgical Mesh Device Marketing Claims for $189M March 24, 2021 By Jonathan Stempel Boston Scientific Corp. agreed to pay $188.7 million to settle claims by most U.S. states that it deceptively marketed its...