Today: September 21, 2024
Today: September 21, 2024

Latest From Jonathan Stempel

Education|News

NYU settles antisemitism lawsuit brought by Jewish students

New York University settled a lawsuit by Jewish students who accused the school of failing to stop antisemitism on campus.

NYU settles antisemitism lawsuit brought by Jewish students
News

Martin Shkreli's lifetime drug industry ban is upheld

Martin Shkreli, known for once hiking the price of a life-saving drug more than 4,000%, cannot return to the pharmaceutical industry after a federal appeals

Martin Shkreli's lifetime drug industry ban is upheld
Business

Buffett's Berkshire posts record profit on insurance, investment

Warren Buffett's Berkshire Hathaway on Saturday posted its second straight record annual operating profit, with its insurance business benefiting from improved

Buffett's Berkshire posts record profit on insurance, investment
Business

Berkshire paid $2.6 billion for Haslam family's remaining 20% Pilot stake

Berkshire Hathaway, the conglomerate led by billionaire Warren Buffett, paid $2.6 billion last month for the 20% of the Pilot Travel Centers truck stop

Berkshire paid $2.6 billion for Haslam family's remaining 20% Pilot stake
Health|News|Political

Planned Parenthood shooting suspect in Colorado loses appeal over forced medication

A man charged with killing three people at a Planned Parenthood clinic in Colorado Springs, Colorado, in 2015 can be forced to take anti-psychotic medication in the

Planned Parenthood shooting suspect in Colorado loses appeal over forced medication
Business|Economy|News|Political

Venezuelan opposition gets US court boost in dispute over Citgo-backed bonds

A U.S. appeals court on Wednesday set aside a judge's ruling that bondholders had valid claims against Venezuela's state-run oil company related to its U.S.

Venezuelan opposition gets US court boost in dispute over Citgo-backed bonds
Business|News

Walmart beats key claim in US FTC lawsuit over money transfer fraud

A U.S. judge threw out a central claim in a Federal Trade Commission lawsuit accusing Walmart of turning a blind eye to scam artists who used its money

Walmart beats key claim in US FTC lawsuit over money transfer fraud
Business|Technology

Musk suggests late Twitter disclosure was a mistake, seeks to end lawsuit

Elon Musk wants to dismiss a lawsuit by former Twitter shareholders who said he waited too long in early 2022 to reveal his large ownership stake in the social

Musk suggests late Twitter disclosure was a mistake, seeks to end lawsuit
Business|Economy

McKinsey wins dismissal of Jay Alix's lawsuit over bankruptcy conflicts

A U.S. judge dismissed turnaround specialist Jay Alix's lawsuit accusing consulting giant McKinsey & Co of misleading bankruptcy courts about conflicts of

McKinsey wins dismissal of Jay Alix's lawsuit over bankruptcy conflicts
Business|Economy

Walmart must face lawsuit over deceptive pricing in stores

Walmart must face a lawsuit claiming it often charges higher prices at the register than it posts on store shelves, costing consumers hundreds of millions of dollars a

Walmart must face lawsuit over deceptive pricing in stores
Business

Buffett's Berkshire countersues billionaire Haslams in battle over Pilot valuation

Warren Buffett's Berkshire Hathaway has accused billionaire Jimmy Haslam of promising secret payments to staff that would inflate the price Berkshire would have to pay

Buffett's Berkshire countersues billionaire Haslams in battle over Pilot valuation
Business

Former Goldman, Blackstone analyst pleads guilty to insider trading

A former Goldman Sachs and Blackstone analyst admitted to an insider trading charge on Thursday, after prosecutors accused him of passing tips to two friends

Former Goldman, Blackstone analyst pleads guilty to insider trading
Business|Technology

Apple ex-lawyer ordered to pay $1.15 million SEC fine for insider trading

The former senior Apple lawyer who avoided prison time after pleading guilty to insider trading must pay a $1.15 million fine in a related U.S.

Apple ex-lawyer ordered to pay $1.15 million SEC fine for insider trading
Business|Economy

Progressive to pay $48 million to settle claims it undervalued wrecked cars

Progressive agreed to pay $48 million to settle a class action lawsuit accusing the insurer of systematically undervaluing the claims of New York drivers whose

Progressive to pay $48 million to settle claims it undervalued wrecked cars
Business|Economy

US judge's financial conflict leads to revived lawsuit against big banks

A U.S. appeals court threw out the dismissal of an antitrust lawsuit accusing 10 large banks of overcharging investors by billions of dollars of corporate bonds

US judge's financial conflict leads to revived lawsuit against big banks
Arts|Entertainment

Martin Shkreli copied one-of-a-kind Wu-Tang Clan album, lawsuit claims

Martin Shkreli has been sued in New York by a digital art collective that said it paid $4.75 million for a one-of-a-kind album by the hip-hop group Wu-Tang Clan

Martin Shkreli copied one-of-a-kind Wu-Tang Clan album, lawsuit claims
Business|Economy

NY grocer Gristedes to spend millions to settle US greenhouse gas charges

The New York supermarket chain Gristedes will pay a $400,000 civil fine and spend $13.5 million on repairs and upgrades to settle charges that its store

NY grocer Gristedes to spend millions to settle US greenhouse gas charges
Business|Technology

'Roaring Kitty' lawsuit over GameStop is withdrawn for now

Investors in GameStop have for now withdrawn their lawsuit accusing Keith Gill, who is known as "Roaring Kitty" and helped spur the meme stock mania of 2021, of

'Roaring Kitty' lawsuit over GameStop is withdrawn for now
Business|Economy

Visa, Mastercard can likely handle settlement much bigger than $30 billion, judge says

A federal judge said Visa and Mastercard can likely withstand a "substantially greater" settlement with merchants who said they overpaid on swipe fees than the

Visa, Mastercard can likely handle settlement much bigger than $30 billion, judge says
Business

US SEC trial against Terraform Labs postponed to allow Do Kwon extradition

A federal judge on Tuesday delayed the U.S.

Business

Berkshire buys Haslam family's remaining 20% Pilot stake

Warren Buffett's Berkshire Hathaway has bought the 20% stake of the Pilot truck stop business that it did not already own from the Haslam family, after

News

Eggland's Best is sued over saturated fat claims for its eggs

Eggland's Best, one of the largest U.S. egg producers, has been sued for falsely claiming that its eggs contain less saturated fat than other eggs.

News

Computer fix-it companies settle US FTC charges they lied about hacking threats

Two companies that claimed they could help rid computers of viruses and malware agreed to pay $26 million to settle U.S.

News

Reynolds Wrap aluminum foil isn't 'Made in USA,' lawsuit claims

The maker of Reynolds Wrap aluminum foil is being sued in a proposed class action claiming it misleads consumers by saying the foil is "Made in USA" though

News

Former US Army staffer pleads guilty to defrauding Gold Star families

A former U.S.

Follow