Legal & Regulatory

EU Slaps Microsoft with Warning that it Could Face Billions of Fines Over Missing Generative AI Risk Report

The EU has sought for more information about Microsoft's risk report on its generative AI tools.


Alabama Mercedes-Benz Workers Vote 'No' to Unionization, a Tough Loss for the UAW

Mercedes-Benz workers in Alabama have voted against joining the United Auto Workers (UAW)...

Bankrupt Crypto Lender Genesis Global to Return $3 Billion to Customers

Genesis Global, a bankrupt crypto lending firm, has been allowed by a court to return approximately $3 billion in cash and cryptocurrency to its customers...

Chinese Nationals Accused of $73 Million Pig Butchering Crypto Scam Gets Arrested—DOJ Shares Details

Some Chinese nationals who are accused of a million-dollar pig butcher crypto scam were arrested. Here's what the Department of Justice announced...


Latest News

Social Security and Medicare Get Boost From Stronger US Economy, But Funds Expected to Run Short in 2035
Social Security and Medicare have improved due to stronger-than-expected economic growth. However, the safety-net programs are still expected to face a funding crisis in approximately ten years.
Apple Illegally Interrogated Staff, Confiscated Union Flyers in NYC: US Labor Board
The ruling upheld an earlier decision of a judge, who ruled that Apple violated a law in 2022 by blocking union flyers and coercively interrogating employees about their pro-union activities.
Boeing Faces New FAA Investigation After Admitting Possibly Missing Required 787 Dreamline Inspections
Boeing is facing a new FAA investigation. The probe was triggered after it admitted possibly missing some required inspections for the 787 Dreamliner.
Hong Kong Investors Win $2.5 Million Case Against Company That Promised to Repurchase Luxury Watches
WatchFund, led by Dominic Khoo, has been ordered by a Hong Kong court to repurchase luxury watches worth $2.5 million following breaches of contract with five investors.
Florida Man Sues 3 Pharmacies; Alleges Prescribed Adderall Led to Psychosis
A Florida Costco customer has filed a lawsuit against three pharmacies and their respective pharmacists, claiming that a pharmacist gave him Adderall, which put him into a psychotic state.
Biden Administration's Pending Marijuana Reclassification Could Lead to Huge Tax Cut for Cannabis Companies
Led by the US Drug Enforcement Administration (DEA), this proposed change acknowledges cannabis's medical benefits and lower abuse potential than other controlled substances.
American Businessman Accused of Hiring Hitman to Kill His Wife for Massive Insurance Money Admits Funneling Millions to Lover's Business
An American businessman is currently on trial in Jamaica for allegedly hiring a hitman to kill his wife to collect a massive life insurance payout.
Qantas Airlines Reaches $120 Million Settlement in ‘Ghost Flight’ Lawsuit
Qantas has agreed to pay $120 million to resolve allegations of misleading customers regarding ticket sales on so-called "ghost flights.”
UPDATE: Boeing Locks Out Firefighters Amid Labor Dispute, Negotiation with Machinists
Boeing locked out 125 unionized firefighters and emergency responders in Washington state this weekend in a dispute over a new four-year contract.
Biden Administration Cancels 10% of Borrowers’ Student Loan; Here’s Who’s Next!
According to a recent report, the Biden administration has announced the cancellation of 10% of all student debt in its latest round of actions.
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