Legal & Regulatory

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Uber, Lyft Drivers Remain as Contractors After California Supreme Court Upheld Proposition 22

Under Prop 22, drivers for Uber and Lyft are not entitled to benefits such as overtime pay and paid sick leave.


Manhattan Gemstone Dealer Charged for Diamond Fraud

Manhattan-based diamond dealer Manashe Sezanayev has been charged for alleged fraudulent practices against fellow jewelry merchants.

Maersk Agrees to Settlement with US Labor Department After Firing Whistleblower

Maersk Line agreed to a settlement offered by the US Labor Department in relation to an alleged retaliatory termination of a container ship seaman who revealed questionable practices and potential safety concerns onboard the company’s vessels.

Australian Judge Dismisses Lawsuit vs. Bayer Over Claims Weedkiller Causes Blood Cancer

The Australian Federal Court dismissed a class action lawsuit that claimed German pharmaceutical and chemicals company Bayer’s glyphosate-based herbicide Roundup could cause a type of blood cancer, which gave the firm a respite after facing similar cases in the United States.


Latest News

Nokia Phonemaker HMD Launches Project to Make Devices Child-Friendly
HMD, the Finnish phonemaker more known for the redevelopment of the Nokia mobile phone series, announced the launch of its Better Phone project, with an aim to make mobile devices safer and friendlier for children and teenagers.
PA-Based Federal Judge Denies Blocking FTC’s Noncompete Ban
A Pennsylvania-based federal judge ruled to decline calls to block bans on noncompete agreements issued by the Federal Trade Commission, which was a divergence from an earlier decision at a Texas counterpart earlier this month.
Switzerland Orders Government Software to Become Open Source
Switzerland became one of the world’s first countries to mandate making its government website softwares to become open source with the implementation of the Federal Law on the Use of Electronic Measures for the Fulfillment of Government Tasks.
FTC Investigates 8 Companies on ‘Surveillance Pricing’ Practices
The Federal Trade Commission has ordered eight companies to provide information the agency said was offering products and services that use personal data to set prices based on a shopper’s individual characteristics.
Whole Food Settles Lawsuit After Firing Employee for Wearing Black Lives Matter Mask
Whole Foods settled a lawsuit with former employee Savannah Kinzer, who was fired for refusing to remove her Black Lives Matter facemask, following allegations of unlawful termination and racism.
Elon Musk Talks About AI, Reveals Experience With Son-Turned-Daughter in Interview
Tech billionaire Elon Musk said in a Daily Wire interview that his perspectives regarding gender ideology and population are deeply personal after he had to deal with one of his sons deciding to cut ties with him by changing both name and gender.
Brian Kim, Kakao's founder, is facing allegations that he manipulated SM Entertainment's stock price to block a rival's acquisition attempt.
Big European Banks to Report Q2 Earnings This Week
The largest banks in Europe, such as Santander, BNP Paribas, and Deutsche Bank, are set to report their earnings for the second quarter of 2024 this week following the announcement from the European Central Bank that it would not change its interest rates.
Here’s Some Possible Impacts Stock Market, Interest Rates Could Face After Biden Quits White House Race
GoBankingRates provided several immediate impacts that would affect Wall Street and other financial institutions following US President Joe Biden’s decision to stand down from the race to the White House.
Family Business in Hong Kong Under Fire for Repackaging Tofu in Poor Hygiene Conditions
Hong Kong company known for its fermented Tofu, Liu Ma Kee, faces backlash after it was revealed that they imported and repackaged tofu under unsanitary conditions, contrary to its claims of producing it from scratch.
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