BP Will Not be Reimbursed for Overpayment of Claims, Federal Judge Rules
Summary: BP argued in federal court that it has overpaid claims to businesses that reported damages after BP’s 2010 oil…
business news
Butterfly Labs Shut Down by Federal Trade Commission’s Complaint
Summary: The Federal Trade Commission filed a complaint against Butterfly Labs, a Kansas company that sold bitcoins. The suit alleges…
Arab Bank Supported Hamas, Jury Finds
Summary: Arab Bank PLC was found to have supported the terrorist group Hamas, a United States jury found. A United…
Former Mortgage Broker Admits Using Post-Its to Facilitate Insider Trading
Summary: Frank Tamayo has admitted to using Post-It notes and napkins to pass stock tips as part of an insider…
Urban Outfitters Pulls Offensive Sweatshirt
Summary: An Urban Outfitters “vintage” Kent State University sweatshirt that appeared to be covered in blood caused outrage across the…
Chipotle Shuts Down as Workers Protest “Borderline Sweatshop Conditions”
Summary: Managers at the Penn State Chipotle walked out on Wednesday, complaining of "borderline sweatshop conditions." The restaurant was forced to…
General Motors Board Angers Consumers Due to Lack of Supervision
Summary: General Motors is upping its safety investigation measures after several shareholder lawsuits have been filed accusing the board of…
Charleston Fast Food Workers Arrested, Cause Major Traffic Jam in Charleston
Summary: Fast food workers demanded a $15 hourly wage on Thursday in Charleston, South Carolina. The group blocked traffic, forcing…
Google Announces Drone Delivery Service: Project Wing to Be Available in “Less than a Decade”
Summary: Google has introduced Project Wing, a drone delivery service that is expected to be available for commercial use in…
Federal Judge Rejects Multi-Million Dollar Settlement Between Hewlett-Packard and Shareholders
Summary: Judge Charles Breyer ruled in a California federal court that he will need to review more evidence before he…
Magistrate Judge Issues Sanctions Against Quinn Emanuel and Samsung
Samsung and the law firm of Quinn Emanuel were sanctioned by a federal magistrate judge for leaking Apple's agreements to hundreds across…
Hundreds of Patch Employees Laid Off This Morning
The new owner of Patch, Hale Global, has reportedly laid off hundreds of employees this morning, according to JimRomenesko.com. The…