Industry News
Adobe Inc. will pay about $150 million to settle a complaint from U.S. regulators that the creative software company made it too difficult for consumers to cancel their subscriptions. Of the total, $75 million will be spent giving free services …
Via: Claims Journal
Generic drugmaker Viatris has settled a lawsuit brought by the family of Henrietta Lacks, a Maryland woman whose tissue samples were used without her permission to develop enduring cells for lucrative medical research. Viatris and Lacks’ estate told a federal …
Via: Claims Journal
Starbucks may be neglecting the financial and reputational risks that stem from labor disputes, two proxy advisory firms are warning shareholders. The warnings come more than a year after contract talks between the company and its U.S. union, formed by …
Via: Claims Journal
Lucid unveiled a two-seater robotaxi concept without steering wheel and pedals, and launched new self-driving tech subscriptions, as the electric-vehicle maker laid out its roadmap for the technologies at an investor day event on Thursday. The unveiling deepens Lucid’s push …
Via: Claims Journal
The National Transportation Safety Board will hold a March 31 hearing to determine the probable cause of two fatal crashes involving Ford Motor’s hands-free advanced driver assistance system BlueCruise. Both crashes in 2024 involved 2022 model year Ford Mustang Mach-Es …
Via: Claims Journal
Volkswagen AG and Volvo Car AB warned that the Middle East conflict threatens demand at a time when automakers are struggling to recover from uneven electric-vehicle sales, tariffs and a slump in China. “We see already in many markets customer …
Via: Claims Journal
Scientists at the U.S. Climate Prediction Center project a 62% chance that an ocean-heating El Niño would emerge during the Northern Hemisphere's summer, with odds climbing higher into the fall.
Via: Claims Journal
Unconditional payments—payments made without condition or reservation of rights, such as settlement offers—restart the clock on the standard two-year prescriptive period for Louisiana first-party insurance claims, the state high court ruled. The prescriptive period is interrupted by unconditional payments even …
Via: Claims Journal
Heat waves that lead to sudden and damaging drought are spreading across the globe at an accelerating rate, highlighting how climate change-fueled extremes can build dangerously off each other, a new study found. Researchers from South Korea and Australia looked …
Via: Claims Journal
Uber Technologies Inc. said that a feature designed to match female riders and drivers will be available nationwide, expanding access to a safety measure as it seeks to resolve thousands of sexual assault complaints from passengers in the U.S. The …
Via: Claims Journal