Legal Archives - Page 16 of 258

2 minute read

Bayer’s Monsanto Scores Legal Victory as $185M Verdict Overturned

May 2, 1:38 PM

Bayer's Monsanto unit secures a significant legal victory as Washington state appeals court overturns $185 million verdict over chemical contamination. This highlights broader legal battles over PCBs and glyphosate's alleged cancer-causing effects.

BAYRY

2 minute read

Uber Vs. London’s Black Cab: Company Faces $310M Claim from Drivers

By Anusuya Lahiri

May 2, 9:03 AM

Uber (NYSE: UBER) faces a £250 million lawsuit by over 10,500 London black-cab drivers, accusing the company of unlawfully diverting business from traditional taxi operators.

FPX

2 minute read

How Much Is Google Really Paying Apple To Be Default Search Engine on iPhones? Unsealed Court Papers Reveal $20B Figure For First Time

By Benzinga Neuro

May 2, 3:34 AM

The antitrust lawsuit against Google's parent company Alphabet has revealed that the company paid Apple Inc. a staggering $20 billion in 2022 for Google to be the default search engine in the Safari browser.

AAPL

2 minute read

Amazon CEO Andy Jassy Violated Federal Labor Law With His Anti-Union Remarks, NLRB Judge Rules

By Benzinga Neuro

May 2, 2:30 AM

Amazon CEO Andy Jassy has been found to have violated federal labor law with his anti-union statements by a judge of the National Labor Relations Board (NLRB).

AMZN

2 minute read

US Senate Grills UnitedHealth CEO Over Cyberattack Fallout, Ransom Payment

By Vandana Singh

May 1, 3:52 PM

UnitedHealth Group's CEO addresses Senate concerns over cybersecurity risks, reassuring stability amid recent challenges. Learn more about the implications for healthcare and the economy.

UNH

2 minute read

Johnson & Johnson Wants To Deal With Talc Lawsuit Overhang, Proposes $6.5B Settlement Package

By Vandana Singh

May 1, 2:42 PM

Johnson & Johnson announces $6.475 billion settlement for talc-related ovarian cancer lawsuits. Details on proposed resolution.

JNJ

1 minute read

IBM Emerges Victorious In $1.6B Legal Battle: Report

By Shivani Kumaresan

May 1, 7:44 AM

IBM secures legal victory, saving $1.6 billion in damages awarded to BMC Software Inc. The U.S. 5th Circuit Court of Appeals rules in favor of IBM, citing lawful acquisition of AT&T's software account. Judges affirm IBM's good faith in the dispute, nullifying one of the largest-ever commercial judgments.

FDL

2 minute read

Should Amazon Still Be Worried About FTC-FCC Probe After A Stellar Q1? Expert Says It Is Just ‘A Lot Of Noise’

By Benzinga Neuro

May 1, 5:42 AM

Despite the scrutiny, Jackson marveled at Amazon's profit scale, crediting the success to cost-cutting measures implemented a year ago.

AMZN

2 minute read

‘Pharma Bro’ Martin Shkreli Teases Binance Co-Founder Changpeng Zhao With A Supposed Prison Menu: ‘Burgers On Wednesday, Chicken On Thursday’

By Benzinga Neuro

April 30, 10:14 PM

Martin Shkreli, the infamous former pharmaceutical executive, recently made an intriguing comment on social media platform X, hinting at his prison life. This comes as Changpeng Zhao, the co-founder of Binance (CRYPTO: BNB), has been sentenced to prison.

$BNB

4 minute read

Cannabis Stocks React To DEA Rescheduling: Canopy & Aurora Surge, Tilray, WM Tech Hold Steady

By Nicolas Jose Rodriguez

April 30, 6:35 PM

In a historic trading session on Tuesday, cannabis stocks soared following the DEA's decision to reclassify marijuana from Schedule I to Schedule III under the Controlled Substances Act.

ACB