Legal & Regulatory

2 Chinese Nationals Convicted for Multimillion-Dollar Scheme to Dupe Apple Out of 5,000 iPhones

Two Chinese nationals were convicted by a federal jury in Washington, DC, for their involvement in a fraudulent scheme that would have cost Apple more than $3 million.


FuboTV Sues Disney, Fox, Warner Bros., ESPN, Hulu Over Sports Streaming Joint Venture

FuboTV has filed a lawsuit against Disney, Fox, and Warner Bros. Discovery over their sports streaming joint venture.

Starbucks Accused of ‘Flawed’ Union Strategy by Labor Coalition

A labor union-backing shareholder is leveling new accusations against Starbucks ahead of a proxy fight at its annual meeting in March.

Powerball Player Sues Lottery After Being Told His Apparent $340 Million Win Is Error

A Washington DC man, who believed he had won a $340 million jackpot, has filed a lawsuit against Powerball and the DC Lottery.


Latest News

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The Biden administration may stall crucial pollution restrictions on cars, hurting EV development. The Environmental Protection Agency (EPA) of the United States may consider easing a major climate change regulation that limits emissions from vehicles' tailpipes.
China's Foreign Minister Urges the US to Lift Sanctions on Chinese Companies
China's Foreign Minister Wang Yi urged the United States to lift sanctions on Chinese companies and individuals and emphasized that efforts to decouple from China would ultimately hurt the US.
Donald Trump Ordered to Pay Nearly $355M in Civil Fraud Case | He Will Now Have to Pay $438M for 2 NY Civil Trials
In his biggest punishment to date, a New York judge ordered former President Donald Trump and his companies to pay almost $355 million for fraudulently inflating the values of his properties.
Wasted Luck: Mega Millions Jackpot Winner in Florida Never Claimed the $36 Million Prize
Winning a Mega Millions jackpot takes a lot of luck, but two bettors just wasted that stroke of good fortune after they failed to step forward and claim the prize.
US Dollar Is Still the World's Reserve Currency, Fed Governor Says
Federal Reserve Governor Christopher Waller has affirmed that the US dollar will remain the world's reserve currency.
JPMorgan Chase to Pay Civil Penalties of Around $350 Million Over Trade Reporting Gaps
JPMorgan Chase and Co. has disclosed that it would pay civil penalties totaling around $350 million to regulators for reporting insufficient trading data to surveillance platforms.
US Justice Department to Scrutinize Disney, Fox, Warner Sports Streaming Venture: Report
The US Department of Justice plans to investigate the new streaming venture between Walt Disney Co., Fox Corp., and Warner Bros. Discovery Inc. amid concerns of potential harm to consumers, media competitors, and sports leagues.
Donald Trump's Social Media Deal Greenlighted by SEC — And It Could Make Him a Fortune
The US Securities and Exchange Commission (SEC) has given the green light for former President Donald Trump's media and technology firm to merge with the blank-check acquisition company Digital World Acquisition Corp.
Pfizer Agrees to Pay $93 Million to Settle Lipitor Cholesterol Drug Antitrust Lawsuit
Pfizer has agreed to pay $93 million to resolve antitrust claims by wholesale drug distributors accusing the pharmaceutical giant of conspiring with India's Ranbaxy Laboratories to delay the sales of cheaper versions of the cholesterol drug Lipitor.
Elon Musk's Rocket Company SpaceX Changes Location of Incorporation From Delaware to Texas
Elon Musk's rocket company, SpaceX, has changed the location of its business incorporation from Delaware to Texas.
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