A U.S. judge on Thursday dismissed a private antitrust lawsuit in which zinc purchasers accused affiliates of Goldman Sachs Group Inc (GS.N), JPMorgan Chase & Co (JPM.N) and Glencore Plc (GLEN.L) of conspiring to drive up the metal’s price. In an 87-page decision, U.S. District Judge Katherine Forrest in Manhattan said purchasers failed to show that the defendants artificially inflated zinc …
NEW YORK — In a landmark settlement announced today, the New York City Police Department has agreed to reforms designed to protect New York Muslims and others from discriminatory and unjustified surveillance. As a further safeguard, the settlement installs a civilian representative within the NYPD to act as a check on investigations involving political or religious activity. The settlement was …
The governor said he wants tangible measures, such as additional testing and filters for the Flint community, but also long-term solutions to provide health care for those who were affected by the lead in the water. He apologized for the crisis, calling it an “unfortunate situation.” Mayor Weaver said the state will form a partnership with the city of Flint not just to resolve the issue of the …
George Lucas ended his 2015 in controversy, describing Disney—owners of the Star Wars franchise—as “white slavers” . He quickly apologized. To Disney.
James Park, Fitbit CEO In the six years since Fitbit began selling its first fitness tracker, a $100 clip-on device that used a growing flower on its tiny display to indicate how active you’d been, the market for wearable gadgets has changed tremendously. Companies large and small have flooded the market with all kinds of fitness trackers, smart watches, and other wearable devices. According to …
The suit claims Trader Joe’s underfilled 5-ounce cans of its store-brand tuna and violated the federally mandated minimum standard fill of 3.23 ounces for these cans. The purported class action was filed Tuesday against the company and a subsidiary in Manhattan federal court. Tests by the U.S. National Oceanic and Atmospheric Administration showed the cans contained an average of only about …
Fitbit, the popular brand of fitness trackers, is facing a class-action lawsuit over faulty heart rate monitor results. According to Engadget, the devices’ problems occurred with inaccurate and dangerously low BPM numbers. The devices were Fitbit’s wrist-based heart monitors, “Charge HR” and “Surge,” which are sold for around $150 and $250, respectively, and are advertised as continuously and …
Lawyer filing class action case against Apple called “manifestly incompetent” by federal judge
By Daniel Eran Dilger
Friday, January 08, 2016, 12:37 pm PT (03:37 pm ET)
A month ago, Yahoo announced that its board of directors had unanimously decided to suspend work on the pending plan announced earlier last year to spin off Yahoo’s remaining holdings in Alibaba. It said the board would now evaluate “alternative transaction structures to separate the Alibaba stake, focusing specifically on a reverse of the previously announced spin transaction.” It went on to …
One might think that an auto parts company whose main product is at the center of a 19-million-vehicle recall involving a dozen carmakers would have its hands full. But Takata, the Japanese maker of air bags that killed nine motorists and injured about 100 more, is turning toward the burgeoning field of driverless cars—a market that may be worth $42 billion annually by 2025, estimates Boston …