Posts by Y@DminG

The U.S. Federal Trade Commission sued financial technology company Dave Inc. in Los Angeles on Tuesday, accusing it of luring users to its personal finance app by advertising cash advances of up to $500 that many never receive. Very few … Source: Claims Journal

Clara Analytics named Eugene Wong chief financial officer. Wong has 15 years of experience in finance and operations. Wong was previously the CFO for Hometap. Prior to Hometap, he was vice president of strategy and finance at Forward Financing. Previously, … Source: Claims Journal

The maker of Evian spring water, Danone, won the dismissal of a lawsuit on Tuesday accusing it of defrauding consumers with labels that claim the water is “natural” even though it contains microplastics that seep from the bottle. U.S. District … Source: Claims Journal

The U.S. Supreme Court grappled on Wednesday over a bid by Meta’s Facebook to scuttle a federal securities fraud lawsuit brought by shareholders who accused the social media platform of misleading them about the misuse of its user data. The … Source: Claims Journal

A wildfire sparked in California’s upscale Malibu beach community on Wednesday was driven by powerful winds sweeping apart the state’s southern region. The Broad Fire in Los Angeles County, which had shut down Pacific Coast Highway between Web Way and … Source: Claims Journal

The Philippines’ farm output dropped the most in nearly four years last quarter due to bad weather, showing a potential drag to growth in one of Asia’s fastest-expanding economies. Farm production value fell 3.7% from a year ago in the … Source: Claims Journal

UnitedHealth Group Inc. systematically cut what it paid for emergency room visits and mental health care to doctors outside of its network, sparking internal tension over how those changes were handled and the potential effect on members, newly unsealed court … Source: Claims Journal

Donald Trump’s return to the White House after winning the Nov. 5 U.S. presidential election may reshape American business. Much depends on whom he appoints as deputies and cabinet members, including the role of Tesla CEO Elon Musk, and what … Source: Claims Journal

Hurricane Rafael is quickly strengthening as it churns toward the Gulf of Mexico, threatening to bring damaging gusts and heavy rains to populated areas from the Cayman Islands to South Florida. Winds reached 100 miles (160 kilometers) per hour as … Source: Claims Journal

It’s been a busy weather year. There have been 24 confirmed weather/climate disaster events with losses exceeding $1 billion each to affect the U.S. as of Nov. 1, according to the National Oceanic and Atmospheric Administration. Related: KBRA Says Florida … Source: Claims Journal