Posts by Y@DminG

ViacomCBS investors who sued Morgan Stanley, Goldman Sachs Group Inc. and Wells Fargo after Archegos Capital Management’s collapse want a judge to OK a $120 million settlement with the banks. Source: Claims Journal

The U.S. National Highway Traffic Safety Administration said had opened a recall query covering 27,816 of Sweden-based EV maker Polestar’s Polestar 2 vehicles over a loss of rear-view camera image. A recall query is an investigation opened by safety regulators … Source: Claims Journal

Diageo filed an initial response to a lawsuit accusing the spirits giant of misleading U.S. consumers about the purity of some of its popular tequila brands, calling the claim “baseless.” The company, which also owns whisky brands such as Johnnie … Source: Claims Journal

The head of Lucid Group Inc. warned that President Donald Trump’s tariffs will drive up costs to build automobiles — even in the US. The industry’s global supply chain means domestic manufacturers still have to import raw materials and some … Source: Claims Journal

A tropical rainstorm is expected to bring flooding to the Florida Peninsula on Tuesday before making its way across the Gulf Coast and into Louisiana later in the week. The Florida Peninsula, coastal Alabama and Mississippi and southeastern Louisiana could … Source: Claims Journal

Mark Zuckerberg is expected to appear as a star witness in an unusual $8 billion trial that kicks off this week at which the Meta CEO is accused of operating Facebook as an illegal enterprise that allowed users’ data to … Source: Claims Journal

Claims services provider McLarens named Danny Miller chief global strategy officer, a newly created role within the firm’s global management team. Miller will report to CEO Gary Brown. As CGSO, he will focus on long-term strategic planning, evaluation of merger … Source: Claims Journal

Ford Motor is recalling 850,318 vehicles in the U.S. due to a potential low-pressure fuel pump failure, which could cause an engine stall, the U.S. National Highway Traffic Safety Administration said on Thursday. A faulty fuel pump can reduce fuel … Source: Claims Journal

Federal regulators repeatedly granted appeals to remove Camp Mystic’s buildings from their 100-year flood map, loosening oversight as the camp operated and expanded in a dangerous flood plain in the years before rushing waters swept away children and counselors, a … Source: Claims Journal

Louis Vuitton UK said hackers have stolen some customer data as the luxury brand becomes the latest target in a string of cyberattacks against retailers. On July 2, an unauthorized third party accessed the systems of the British unit of … Source: Claims Journal