Posts by Y@DminG

The co-founders of Donald Trump’s social-media startup lost a bid to have a Delaware judge impose financial sanctions on the former president and his lawyers for alleged misconduct in a suit over the value of their shares. Andy Litinsky and … Source: Claims Journal

AccuWeather meteorologists are warning that the Atlantic hurricane season could intensify in the coming weeks as less wind shear and less dry air create conducive conditions for storm development. AccuWeather is forecasting six to 10 named storms to form in … Source: Claims Journal

Thunderstorm alerts are in place for a swath of Europe from the south of France to the Balkans. There are orange warnings for Lombardy, Piedmont, Tuscany and Umbria in Italy, as the summer heat gives way to violent storms. Serbia … Source: Claims Journal

CrowdStrike’s results on Wednesday will offer a first look at the financial implications of the global cyber outage that paralyzed Microsoft Windows operating system last month, with investors keen to understand the impact on the cybersecurity firm’s reputation and whether … Source: Claims Journal

California’s wildfires are weighing on home prices more than in the past, and insurance availability does little to help in areas considered to be at higher risk, according to a Federal Reserve Bank of San Francisco study. “Our results suggest … Source: Claims Journal

Goldman Sachs, German industrial company BASF and two other banks agreed to pay $20 million to settle a nearly decade-old antitrust lawsuit accusing them of conspiring to suppress platinum and palladium prices. A preliminary settlement of the proposed class action … Source: Claims Journal

The U.S. Securities and Exchange Commission has settled with crypto lending platform Abra after charging the startup with selling unregistered securities to consumers and operating as an unregistered investment company. Plutus Lending LLC, doing business as Abra, agreed to settle … Source: Claims Journal

An appeals court in Washington, D.C. revived the district’s lawsuit against Amazon.com Inc on Thursday, saying it plausibly claimed the online retailer’s pricing policies illegally stifle competition. The District of Columbia Court of Appeals reversed a ruling that had dismissed … Source: Claims Journal

Online fast-fashion giant Shein has filed another lawsuit against competitor Temu, accusing the China-founded shopping platform of stealing its designs, copying its product images and engaging in other types of fraud. The complaint filed in a Washington federal court this … Source: Claims Journal

AT&T has agreed to pay $950,000 after a Federal Communications Commission investigation found the company failed to deliver 911 calls to emergency call centers and did not notify officials during an August 2023 outage, the agency said on Monday. The … Source: Claims Journal