business news

WeWork’s Chapter 11 Bankruptcy Filing Signals Dramatic Corporate Turnaround

WeWork’s Chapter 11 Bankruptcy Filing Signals Dramatic Corporate Turnaround

In a significant development in the world of corporate real estate, WeWork, the once-mighty office-sharing company, has officially filed for…

AT&T Lawyer Reminds Us Why People Hate J.D.’s

AT&T Lawyer Reminds Us Why People Hate J.D.’s

Summary: An AT&T customer emailed the CEO with some ideas for better service. AT&T responded...with a letter from its attorney. According…

American Apparel Files for Chapter 11 Bankruptcy

American Apparel Files for Chapter 11 Bankruptcy

Summary: American Apparel hopes to restructure its debts within a six month period so it may continue operations. The New…

GM’s Actions Allegedly Cause Death of 174 People

GM’s Actions Allegedly Cause Death of 174 People

Summary: Due to intentional omissions of safety concerns, GM may be liable for the deaths of 174 individuals. According to…

Warren Buffett Purchases Aerospace Firm for $37 Billion

Warren Buffett Purchases Aerospace Firm for $37 Billion

Summary: Berkshire Hathaway will acquire Precision Castparts for $37.2 billion. According to USA Today, Warren Buffett’s company, Berkshire Hathaway, has…

ATM Fee Case Revived Against Visa, MasterCard

ATM Fee Case Revived Against Visa, MasterCard

Summary: A case that was previously dismissed against Visa and MasterCard has been revived. The complaint alleges that the companies…

Whirlpool Files Malpractice Claim against Lawyer

Whirlpool Files Malpractice Claim against Lawyer

Summary: Whirlpool has alleged that, due to bad advice from an attorney, it now faces significant fines and penalties. A…

Judge Rules in Favor of Amazon in Patent Case

Judge Rules in Favor of Amazon in Patent Case

Summary: A federal judge has ruled that patents that Amazon challenged cannot stand because they seek to patent ideas. U.S.…

JP Morgan Settles Mortgage Securities Case for $388 Million

JP Morgan Settles Mortgage Securities Case for $388 Million

Summary: As a result of allegations made against it for wrongs committed during the 2008 financial crisis, JPMorgan must pay…

Wal-Mart Faces First Class Action for Equal Employment Benefits

Wal-Mart Faces First Class Action for Equal Employment Benefits

Summary: In the wake of the recent Supreme Court decision on same-sex marriages, a suit has been filed against Wal-Mart…

U.S. Law Firm Maintains It Acted Properly in NAMA Dispute

U.S. Law Firm Maintains It Acted Properly in NAMA Dispute

Summary: Brown Rudnick, a U.S. law firm, has argued that it acted properly throughout a major NAMA transaction in 2014.…

AT&T Fined $100 Million for Misleading Consumers

AT&T Fined $100 Million for Misleading Consumers

Summary: AT&T must pay $100 million for misleading its customers about their data plans. AT&T will face a hefty $100…