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Industry News January 23, 2024

Court Will Rethink Tribes’ Claims In Railroad Dispute

In a surprising turn of events, an Idaho federal judge, Amanda K. Brailsford, has reinstated two Quiet Title Act claims made by the Shoshone-Bannock Tribes of the Fort Hall Reservation…

By – Rihem Akkouche
Latest news
Industry News January 23, 2024
BlackRock acquired 20% in Recurrent Energy

Private equity behemoth BlackRock has made a seismic move into the renewable energy sector by acquiring a substantial…

By Rihem Akkouche
Industry News January 23, 2024
2nd Circ Backs Shkreli Lifetime Pharma Industry Ban

In a pivotal decision, the Second Circuit reaffirmed on Tuesday the lifetime ban on former pharmaceutical tycoon and…

By Rihem Akkouche
Industry News January 23, 2024
DOJ Digging Into $8B Six Flags-Cedar Fair Merger

In a twist that could rival the most daring roller coaster maneuvers, the U.S. Department of Justice (DOJ)…

By Rihem Akkouche
Industry News January 23, 2024
Oligarchs Art Facilities Exploiting: NCA Urges Heightened Vigilance

In a bid to evade international sanctions, designated Russian individuals are exploiting art storage facilities, prompting the National…

By Rihem Akkouche
Industry News January 23, 2024
Walmart Workers Seek OK Of Revised $2.25M OT Deal

In a compelling legal saga, more than 1,700 Walmart workers have fervently urged a California federal judge to…

By Rihem Akkouche
Industry News January 23, 2024
Apple $1B App Maker Charges Case

Tech giant Apple is urging the UK’s antitrust tribunal to dismiss a proposed £785 million ($996 million) class…

By Rihem Akkouche
Industry News January 23, 2024
Careismatic Brands Files For Bankruptcy : Financial Turmoil

California-based medical scrubs distributor, Careismatic Brands LLC, and its 21 affiliates have initiated Chapter 11 bankruptcy proceedings in…

By Rihem Akkouche
Industry News January 23, 2024
Intrum $785M Portfolio Sale to Cerberus Unleashes Financial Storm

In a strategic move to carve its path through financial tempests, Swedish credit management powerhouse, Intrum AB, has…

By Rihem Akkouche
Industry News January 20, 2024
Elon Musk Denies $500 Million Funding Report for xAI, Challenges ‘Fake News’ Claims

Elon Musk is refuting recent reports suggesting that his artificial intelligence (AI) venture, xAI, secured $500 million in…

By Jackie Allen
Industry News January 19, 2024
Synchrony Buying Ally Financing Biz With $2.2B Loan Book

In a groundbreaking move, Synchrony Financial is set to acquire consumer lending giant Ally Financial Inc. in a…

By Rihem Akkouche

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