Industry News
The Environmental Protection Agency said that it plans to weaken limits on some “forever chemicals” in drinking water that were finalized last year, while maintaining standards for two common ones. The Biden administration set the first federal drinking water limits …
Via: Claims Journal
The family of a former Boeing quality control manager who killed himself after lawyers questioned him about his whistleblowing on alleged jumbo jet defects has settled a lawsuit against the aircraft maker. Details of the settlement over John Barnett’s death …
Via: Claims Journal
Nestle SA, Shell PLC, Abbott Laboratories and a handful of other companies say they didn’t coordinate an advertising boycott of Elon Musk’s X following the billionaire’s purchase of the social media platform, refuting claims made in a lawsuit. Lawyers for …
Via: Claims Journal
A federal jury in Delaware said on Thursday that biotech company Amgen owes competitor Regeneron more than $406 million for engaging in anticompetitive behavior to increase sales of its cholesterol-reduction drug Repatha at the expense of Regeneron’s rival drug Praluent. …
Via: Claims Journal
The total volume of products recalled from key industries surged by 25% in the first quarter, a new report shows. Sedgwick’s report out on Thursday the surge comes amid a marginal decline in U.S. product recall events, shows 775 recalls …
Via: Claims Journal
David Richardson, the new head of the Federal Emergency Management Agency, said on Thursday that states would in the future bear half the costs for responding to natural disasters, up from 25% under current cost-sharing levels. Richardson, who took the …
Via: Claims Journal
British retailer Marks & Spencer said on Thursday food volumes flowing from its distribution centers to its stores were back to normal levels after product availability was hit by last month’s cyberattack. “In chilled areas of our stores, customers can …
Via: Claims Journal
New Jersey officials announced a landmark settlement of up to $450 million with 3M Company to resolve the state’s lawsuits and address damage to the state’s water and other natural resources from dangerous chemicals. New Jersey Attorney General Matthew J. …
Via: Claims Journal
Coinbase Global Inc. said hackers bribed contractors or employees outside the U.S. to steal sensitive customer data and demanded a $20 million ransom, in one of the most high-profile security breaches of a crypto trading platform. The largest U.S. crypto …
Via: Claims Journal
Capital One was sued on Wednesday by New York Attorney General Letitia James, who accused the bank of cheating depositors with its flagship “high interest” savings accounts out of millions of dollars in interest. The lawsuit followed the U.S. Consumer …
Via: Claims Journal