Posts by Y@DminG
Auto-Parts Makers Are Diving Into the US Junk-Bond Market
Three auto-parts makers are borrowing in the junk-bond market this week, helping to push debt issuance for the car sector and related companies up 6% this year even as rising global tariffs potentially weigh on profits. Parts maker American Axle … Source: Claims Journal
Read MoreLyft Pays $19.4 Million to New Jersey Over Driver Misclassifications
Lyft has paid $19.4 million to New Jersey after an audit found the ride-sharing company improperly classified more than 100,000 drivers as independent contractors, state officials said on Thursday. Officials including state Attorney General Matthew Platkin said Lyft made the … Source: Claims Journal
Read MoreCapital One Settles Social Media Creators’ Lawsuit
Capital One settled a lawsuit by social media creators who said a free browser extension used by millions of people to find discounts stole their sales commissions when shoppers bought their products and services. The sixth-largest U.S. commercial bank and … Source: Claims Journal
Read MoreUK Teenager Charged by US for Role in Yearslong Hack Spree
The U.S. Justice Department accused a British teenager on Thursday of engaging in a yearslong spree of cyberattacks that targeted 47 American organizations and netted more than $100 million in ransom payments. Thalha Jubair, 19, from London, participated in a … Source: Claims Journal
Read MoreTicketmaster, Live Nation Sued by FTC Over Ticket Resales
The U.S. Federal Trade Commission and seven states sued Live Nation Entertainment Inc. and its Ticketmaster subsidiary for failing to stem the use of automated ticketing bots and large-scale resale operations. The consumer protection agency said the nation’s largest ticketing … Source: Claims Journal
Read MoreBoeing, Honeywell Sued by Air India Crash Victim Families
The families of four passengers killed in the June 12 crash of an Air India Boeing 787 said in a lawsuit that the accident resulted from allegedly faulty fuel switches, which the U.S. Federal Aviation Administration has said do not … Source: Claims Journal
Read MoreSEC Hands Victory to IPO Issuers Who Want to Avoid Class-Action Suits
The U.S. securities regulator on Wednesday said it would allow companies seeking to go public to require that investors resolve claims of fraud or other false statements through arbitration rather than court litigation, handing a victory to companies and weakening … Source: Claims Journal
Read MoreChaos Inside FEMA as Death Threats Distract From Hurricane Response
As a major storm rushed toward Florida last October, the head of the Federal Emergency Management Agency at the time faced a different kind of threat. Police had shown up in force to a rental property she owned as a … Source: Claims Journal
Read MoreTesla Is Redesigning Door Handles That Drew Safety Scrutiny
Tesla Inc. is working on a redesign of its door handles, which have drawn scrutiny over safety incidents that trapped passengers inside their vehicles. Franz von Holzhausen, Tesla’s longtime design chief, said the company is looking to combine the electronic … Source: Claims Journal
Read MoreNICB: Vehicle Thefts in First Half Down 23% From Last Year
U.S. vehicle thefts fell 23% in the first six months of 2025 from the first half of last year, a report out Wednesday from the National Insurance Crime Bureau shows. There were 334,114 vehicle thefts reported in the first half … Source: Claims Journal
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