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Tuesday, April 23, 2024
Alibaba to buy Cainiao stake for $3.75 billion

Alibaba to buy Cainiao stake for $3.75 billion

In a surprising turn of events, Alibaba Group Holding Ltd. has shifted gears, scrapping its initial public offering plans for Cainiao Smart Logistics Network...
2nd Circuit Gender Bias Revival

2nd Circuit Gender Bias Revival Breathes New Life into Discrimination Lawsuit

In a groundbreaking decision on Tuesday, the Second Circuit Court of Appeals breathed new life into a sex bias lawsuit against supermarket chain Price...
Teamsters $137M Suit Ducked

Teamsters $137M Lawsuit Against Yellow Thwarted

In a dramatic turn of events, the Teamsters have emerged victorious in the legal battle against Yellow Corp.'s hefty $137 million lawsuit. The trucking...
Zoetis Investigated for EU Antitrust Breach Over Dog Pain Drug

Zoetis Investigated for EU Antitrust Breach Over Dog Pain Drug

The European Union's antitrust watchdog has initiated a formal investigation into allegations of anticompetitive behavior by Zoetis Inc., a major player in the animal...
Aristas founder agrees to $1M SEC penalty

Arista’s founder agrees to $1M SEC penalty

In a stunning turn of events, Andreas "Andy" Bechtolsheim, the billionaire founder of Arista Networks Inc., has agreed to pay a hefty fine of...
Enbridge $350M Into Natural Gas Joint Venture

Enbridge $350M Into Natural Gas Joint Venture

Enbridge Inc., along with WhiteWater/I Squared Capital and MPLX LP, unveiled plans on Tuesday to forge a formidable alliance, pooling resources to foster the...
Athena Health Seek OK For Meal Break Wage Deal

Athena Health Seek OK For Meal Break Wage Deal

Athena Health Care Systems, alongside two former employees, is seeking approval from a Connecticut federal court for a proposed settlement agreement. This deal aims...
US EV Subsidies Discriminatory

US EV Subsidies Face Allegations of Discrimination

In a bold move that could escalate tensions between economic giants, the Chinese Ministry of Commerce has accused the United States of discriminatory practices...
Carrefour Buying €365M Of Its Shares From Store Owner

Carrefour Buying €365M Of Its Shares From Store Owner

In a strategic maneuver set to reshape its share landscape, hypermarket behemoth Carrefour announced Tuesday its plan to repurchase nearly 3.5% of its share...
KuCoin and Founders Face US Prosecution

KuCoin and Founders Face US Prosecution

Manhattan federal prosecutors have dropped a legal bombshell, unveiling an indictment charging foreign cryptocurrency exchange KuCoin and its two China-based founders with grave accusations....

Must Read

California’s Home Insurance Crisis: A Ticking Time Bomb

By Samuel A. Lopez Insurers Flee California: A Brewing Storm of Uninsured Homes -  In a shocking development, California faces a growing home insurance crisis...