National News

Hackers Stole About $1.7 Billion This Year From Crypto Projects

The amount of funds crypto projects lost to hackers has declined by about half to around $1.7 billion so far this year, amid improved security measures and an uptick in law enforcement actions. Even with any additional hacks in December, …

Musk Can’t Escape Investor Suit Over Flip-Flop on Twitter Buyout

Elon Musk must face a Twitter investor lawsuit that accuses him of fueling uncertainty about his proposed buyout in an effort to drive down the social media platform’s stock price, a California federal judge ruled. US District Judge Charles Breyer …

Apple-Backed Study Finds Rise in Data Breaches as iPhone Maker Defends Encryption

In the first nine months of 2023, U.S. data breaches increased by 20% compared to the full year 2022, according to a new study that was commissioned by Apple. The iPhone maker paid for the study, which was conducted by …

Bernie Madoff Is Long Gone. The Lawyers Are Going Strong

Long before cryptocurrency and Sam Bankman-Fried, the biggest name in corporate fraud was Bernie Madoff. Fifteen years after the FBI arrested Madoff on Dec. 11, 2008 for running a massive Ponzi scheme — and two years after his death in …

Microsoft Agrees to Union Contract Terms Governing Its Use of AI

Microsoft Corp. has agreed to union contract language governing its use of artificial intelligence, creating an avenue for workers to challenge how it deploys the evolving technology. As part of negotiations with the Communications Workers of America – the first …

US Commercial Lines Survey Results Show Aggregate Increase of 6.1% in Q3: WTW

U.S. commercial insurance prices increased 6.1% in the third quarter, maintaining an upward trend. According to the latest results from WTW’s Commercial Lines Insurance Pricing Survey (CLIPS), carriers in the third quarter reported another aggregate commercial price change that remained …

Trump Allies Attack Corporate ‘Bigotry’ Against White Men

One complaint accuses Macy’s Inc. of discriminating against White men. Another levels that allegation against BlackRock Inc. A third points a finger at, of all things, NASCAR – a largely White sport where Confederate flags were prevalent until they were …

Starbucks Says It Wants Union Talks, Agreements in 2024

Starbucks Corp. said it reached out to the union representing hundreds of its stores to try to end an impasse over contract talks, a conflict that has frayed the coffee giant’s relationship with some of its frontline employees. The chain …

Amazon Asks Judge to Dismiss FTC Lawsuit, Says No Consumer Harm Shown

Amazon.com asked a federal court on Friday to dismiss a U.S. government antitrust lawsuit which accuses the company of using illegal strategies to boost profits at its online retail empire, including an algorithm that allegedly pushed up prices by more …

NRA to Have Surprising Defender in Supreme Court Free Speech Case: the ACLU

In a case of politics making strange bedfellows, the National Rifle Association will be represented by frequent nemesis the American Civil Liberties Union in an appeal before the U.S. Supreme Court. The New York-based civil liberties group confirmed Saturday that …

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