Oregon wineries and vineyards are seeking over $100 million in damages from PacifiCorp in a lawsuit filed over the 2020 wildfires, alleging negligence for not shutting off power during the Labor Day windstorm.
Legal & Regulatory
Billionaire Nelson Peltz Sells Entire Disney Stake After Board Fight, Raking in $1 Billion
Billionaire activist investor Nelson Peltz has sold his entire stake in Walt Disney. Billionaire activist investor Nelson Peltz sold his entire stake in Walt Disney on Wednesday following a contentious boardroom dispute with the media giant, according to a person familiar with the matter.
Chinese Man Arrested as Cybercrime Ringleader in US-Led Bust; Luxury Assets Confiscated
The US and its allies arrested a Chinese man accused of leading a global cybercrime network, seizing millions in assets, involved in defrauding the American government of billions of dollars during the COVID-19 pandemic.
Ticketmaster Suffers From Massive Data Breach Amid DOJ Lawsuit
Ticketmaster was hit by a massive data breach while facing a lawsuit filed by the US Justice Department. Is this karma?
Nissan Issues Urgent Warning to Stop Driving Older Vehicles Over Exploding Airbag Risk
Nissan urgently advises owners of approximately 84,000 older vehicles to avoid driving them due to the heightened risk of Takata airbag inflators exploding following a fatal incident and multiple injuries since 2015.
Latest News
A self-proclaimed scammer from Nigeria has asserted responsibility for a failed attempt to auction off Elvis' Graceland.
The US Treasury Department announced on Tuesday new regulations designed to support Cuba's growing private sector and enhance the country's access to US internet services.
Donald Trump's lawyer argues that ex-POTUS was a victim of blackmailing. He's urging jurors to set aside their personal views in the hush money trial.
While Shein faces scrutiny ahead of a possible London listing, researchers found its children's products containing forever chemicals.
Former FTX Co-CEO Ryan Salame receives a 7.5-year prison sentence and is ordered to pay $11 million in fines following his involvement in unlawful activities, including unlawful political contributions and fraudulent financial practices in FTX.
The Supreme Court upheld lawyer Michael Avenatti's conviction and two 1/2-year prison sentence for attempting to extort up to $25 million from Nike, rejecting his appeal that claimed the sentence was based on an unconstitutionally vague statute and that he was engaged in legitimate settlement negotiations.
FTC listed down the top scammer-impersonated companies. Best Buy tops the list with the most scam impersonators.
OpenAI is establishing a safety and security committee and has started training a new AI model to replace GPT-4, enhancing its commitment to AI safety and advancing toward AGI.
Despite initial pledges to exit Russia following the 2022 invasion of Ukraine, many Western companies, including Avon Products, Air Liquide, and Reckitt, remain in the country.
