Industry News
Electric air-taxi company Joby Aviation has sued rival Archer Aviation in California state court for allegedly stealing its trade secrets, according to a complaint made public on Thursday. Joby said in the lawsuit, filed on Wednesday in state court in …
Via: Claims Journal
The U.S. Securities and Exchange Commission will drop its landmark lawsuit against SolarWinds Corp. that accused the company of covering up internal problems ahead of a massive cyberattack. The SEC, the software company and its top information security official jointly …
Via: Claims Journal
Billionaire Mark Zuckerberg and other Meta Platforms Inc. directors agreed to a $190 million settlement of claims they failed to rectify repeated violations of Facebook users’ privacy and improperly engineered an accord to protect Zuckerberg from personal liability for the …
Via: Claims Journal
In recent years, mental health has become a growing focus in the workplace. Employers and policymakers alike are paying closer attention to how psychological well-being intersects with job performance, safety and long-term employee health. Yet when it comes to workers’ …
Via: Claims Journal
Vehicles with large driver-side blind zones are far more likely to strike pedestrians during left turns, according to new research from the Insurance Institute for Highway Safety. In a study of nearly 4,500 pedestrian crashes in seven states, IIHS found …
Via: Claims Journal
Malaysia said it’s entered mediation talks with Julius Baer Group Ltd. in a bid to settle a $112 million lawsuit filed against the Swiss bank by a unit of the failed 1MDB development fund. SRC International (Malaysia) Ltd. sued the …
Via: Claims Journal
U.S. Transportation Secretary Sean P. Duffy unveiled the design details for what he says is a first-of-its-kind advanced female crash test dummy. Known as the THOR-05F, the dummy, is critical to addressing the ongoing trend of higher injury rates for …
Via: Claims Journal
Starbucks must face a lawsuit claiming it defrauded shareholders by concealing declining sales in the United States and China, its largest markets, leading to a 16% drop in its stock price after the coffee chain revealed the unexpected weakness. In …
Via: Claims Journal
Alphabet’s Waymo will expand its robotaxi operations to Minneapolis, Tampa and New Orleans in the coming days, the ride-hailing service provider said on Thursday, as it accelerates the broad rollout of its services in the U.S. The company said it …
Via: Claims Journal
The Tulsa City Council last week approved an ordinance allowing the city’s fire department to charge insurance companies for responses to some motor vehicle accidents. The cost recovery program will charge the at-fault driver’s insurance carrier, and the fee amount …
Via: Claims Journal