Billionaire Ira Rennert has filed a $214 million malpractice lawsuit against his former law firm, after a jury found him liable for looting his magnesium company to build a huge mansion in New York’s Hamptons. Renco Group Inc, Rennert’s holding …
Uber Technologies Inc. agreed to pay up to $3 million to settle a proposed class-action lawsuit brought on behalf of 2,421 drivers in New York who accused the ride-sharing company of docking excessive fees from their fares. A preliminary settlement …
Starbucks Corp. has won the dismissal of a U.S. lawsuit accusing the coffee chain of overcharging customers by underfilling lattes and mochas to reduce milk costs. U.S. District Judge Yvonne Gonzalez Rogers on Friday found a lack of evidence that …
A federal appeals court has declared unconstitutional Idaho’s bans on shooting secret videos and lying to enter factory farms to expose animal abuse, but revived other parts of the state’s law to curb undercover probes into the practice. The decision …
General Motors Co. on Dec. 28 won a court ruling that could reduce the private litigation it faces over flawed vehicle ignition switches, which have been linked to 124 deaths and triggered a big recall. U.S. District Judge Jesse Furman …
Berkshire Hathaway Inc.’s stock price touched $300,000 for the first time on Monday, reflecting investors’ confidence in Warren Buffett’s conglomerate despite four straight quarters of lower operating profit. Crossing the $300,000 threshold put Berkshire’s Class A shares up 22.9 percent …
Twenty-First Century Fox Inc. has reached a $90 million settlement of shareholder claims arising from the sexual harassment scandal at its Fox News Channel, which cost the jobs of longtime news chief Roger Ailes and anchor Bill O’Reilly. The settlement, …
Bad weather hurt Warren Buffett’s Berkshire Hathaway Inc. in the third quarter, as insurance losses tied to Hurricanes Harvey, Irma and Maria and an earthquake in Mexico contributed to a 43 percent drop in profit. Berkshire on Friday said it …
American International Group Inc. on Thursday sued Walt Disney Co. to avoid having to reimburse the parent of ABC News for part of a settlement of a meat producer’s defamation lawsuit over a product that critics call “pink slime.” In …
A federal judge said current and former Wells Fargo & Co. officers and directors, including Chief Executive Officer Tim Sloan, must face nearly all of a lawsuit by shareholders seeking to hold them personally liable for sales abuses and the …
