Company



Freeport Outlook Dims as Oil Drop Compounds Debt Woes

Phoenix-based mining giant Freeport-McMoRan has endured a riches-to-rags turnaround. Things might stay depressed for a while longer. Freeport-McMoRan(Photo: Courtesy of Freeport-McMoRan)
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Three years ago, the roughly 4-percent dividend yield paid by Freeport-McMoRan Inc. looked like a pretty good deal — and plenty safe.


Supreme Court Turns Down Red-Light Camera Case

Follow CBSMIAMI.COM: Facebook | Twitter TALLAHASSEE (CBSMiami/NSF) – The Florida Supreme Court this week declined to hear an appeal in a potentially far-reaching case about the way local governments administer red-light camera programs. The City of Hollywood asked justices to hear the case after the 4th District Court of Appeal ruled in October that the city violated state law by relying on a …



San Francisco’s Biggest Cab Company Files for Bankruptcy

* Author: Davey Alba.Davey Alba Business * Date of Publication: 01.26.16.01.26.16 * Time of Publication: 5:09 pm.5:09 pm Paris Cabbies and Uber Are Clashing—Again French taxi unions and Uber are clashing again. Taxi drivers in France have once more gone on strike—shutting down roads, demonstrating across Paris, and blocking access to major airports and railway stations, according to French …


Supreme Court Says Class Action Lawsuits Can Survive Compensation Offers

The Supreme Court ruled on a company’s effort to end a class action lawsuit with a payoff to one plaintiff. (Photo: USA TODAY) 572 CONNECTTWEET99 LINKEDINCOMMENTEMAILMORE WASHINGTON — The Supreme Court dealt a rare setback Wednesday to companies trying to avoid potentially expensive class-action lawsuits. The justices ruled that offers of full compensation to the lead plaintiff in such a case …


MannKind Has New Partner but Faces Class Action Suit

Photo: H John Voorhees III / H John Voorhees III
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Matthew Pfeffer, the chief executive officer of MannKind, speaks during last year’s annual meeting. Pfeffer announced Thursday that the company has a new licensing agreement for its Technosphere particle. Matthew Pfeffer, the chief executive officer of MannKind, speaks during last year’s annual meeting.


Supreme Court Rules Against Business in Class-Action Case

The Supreme Court ruled Wednesday that a class-action lawsuit can continue, even after a business offers to pay everything sought by the person who first sued. The 6-3 ruling on Wednesday is a rare victory for consumers in a class-action case at the Supreme Court under Chief Justice John Roberts. Justice Ruth Bader Ginsburg wrote for the court that a settlement offer cannot end a suit if the …


Paris Cabbies and Uber Are Clashing—Again

* Author: Davey Alba.Davey Alba Business * Date of Publication: 01.26.16.01.26.16 * Time of Publication: 1:52 pm.1:52 pm Uber Using Phone Data To Track How Fast Drivers Are Going Ride-hailing giant Uber says it’s using smartphone gyrometer data to double-check if drivers on its platform are speeding. At least, it does for a portion of its drivers on a new pilot program. Joe Sullivan, Uber’s …