Archive for May 2025

When Michael Balarezo emerged from the basement office of his Boulder, Colo., home in December 2021, smoke plumes from the nearby Marshall Fire were visible from his driveway. Balarezo, his wife and daughter swiftly stowed emergency clothing, sensitive documents and … Source: Claims Journal

Citigroup Inc. revoked the firing of a senior trader in Japan as part of a wrongful dismissal settlement following years of wrangling over problematic trading practices in the bank’s Asia unit. Ken Ohtaka’s dismissal was rescinded after the two sides … Source: Claims Journal

Amazon.com’s self-driving unit Zoox has issued a second software recall this month to improve how its vehicles track nearby pedestrians and prevent movement when someone is close, following a crash in San Francisco earlier this month. The recall covers 270 … Source: Claims Journal

Clothing and lingerie retailer Victoria’s Secret suspended most of the functionality of its website and some in-store services to “address a security incident,” according to a statement posted to the company’s website on Wednesday. “We identified and are taking steps … Source: Claims Journal

A month into negotiations, Paramount Global has offered $15 million to settle U.S. President Donald Trump’s lawsuit against CBS News, but the parties remain far apart on terms, the Wall Street Journal reported on Wednesday, citing people familiar with the … Source: Claims Journal

Brazilian labor prosecutors are suing Chinese electric vehicle maker BYD Co. and two contractors over allegations of slave labor and human trafficking at the construction site of a manufacuturing plant. The lawsuit describes “degrading” conditions at facilities in Bahia maintained … Source: Claims Journal

Two workers injured in a May 20 fire on a Chevron Corp. oil platform off the coast of Angola have died. The workers had been receiving medical treatment in South Africa, according to Angola’s Petroleum and Minerals Ministry. The first … Source: Claims Journal

A former senior analyst at U.S. trading company Freepoint Commodities has sued the company, alleging that top executives pressured employees to facilitate insider trading and retaliated against employees that objected. The lawsuit, filed in a New York federal court on … Source: Claims Journal

Germany’s leading automakers are in talks with Washington over a possible import tariff deal, seeking to use their U.S. investments and exports as leverage to soften any blow, three people familiar with the matter said. BMW, Mercedes-Benz and Volkswagen hope … Source: Claims Journal

A German court ruled against a Peruvian farmer Wednesday in a landmark case that claimed global warming fueled by energy company RWE ‘s historical greenhouse gas emissions put his home at risk. Farmer and mountain guide Saúl Luciano Lliuya said … Source: Claims Journal