Judge taps VW case lawyer to lead Fiat Chrysler owners’ case
WASHINGTON (Reuters) – A federal judge in San Francisco on Monday named lawyer Elizabeth Cabraser to lead the case brought against Fiat Chrysler Automobiles NV by owners over allegations it bypassed diesel emission controls.
Former JPMorgan trader Iksil links CEO Dimon to ‘London Whale’ losses
(Reuters) – Bruno Iksil, the former JPMorgan Chase & Co trader at the center of the “London Whale” trading scandal, has accused the Wall Street bank’s Chief Executive James Dimon of laying the ground for the $6.2 billion loss.
Judge wants more details on ex-drug executive Shkreli’s finances
(Reuters) – Former drug company executive Martin Shkreli should reveal more about his finances if he wants his $5 million bail cut to $2 million, a Brooklyn federal judge said Monday, a week before Shkreli is set to face trial on securities fraud charg…
Blue Apron launches IPO roadshow under shadow of Amazon’s Whole Foods deal
(Reuters) – Blue Apron Holdings Inc began marketing an initial public offering (IPO) on Monday, as an already competitive meal-kit industry faces a potential threat from Amazon.com Inc’s plan to buy Whole Foods Market Inc.
Supreme Court again limits where companies can be sued
WASHINGTON (Reuters) – The Supreme Court on Monday slapped limits on where injury lawsuits may be filed for the second time in three weeks, again siding with businesses that want to prevent plaintiffs from “shopping” for friendly courts for their cases…
U.S. top court hands Chevron victory in Ecuador pollution case
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday handed a victory to Chevron Corp by preventing Ecuadorean villagers and their American lawyer from trying to collect on an $8.65 billion pollution judgment issued against the oil company by a cou…
U.S. to seek to block DraftKings, FanDuel fantasy sports merger
WASHINGTON (Reuters) – The U.S. Federal Trade Commission said on Monday it will seek to stop the merger of DraftKings and FanDuel, because the combined company would control more than 90 percent of the U.S. market for paid daily fantasy sports contests…
GSK’s new pharma head to join in September after AstraZeneca tussle
LONDON (Reuters) – GlaxoSmithKline has struck a deal for Luke Miels to start as its new head of pharmaceuticals in September, following a lengthy dispute over his contract with his former employer AstraZeneca.
Accenture, Microsoft team up on blockchain-based digital ID network
NEW YORK (Reuters) – Accenture Plc and Microsoft Corp are teaming up to build a digital ID network using blockchain technology, as part of a United Nations-supported project to provide legal identification to 1.1 billion people worldwide with no offici…
Whole Foods shares keep rising in bidding war speculation
(Reuters) – Whole Foods Market Inc shares added to their gains on Monday after Amazon.com Inc announced plans last week to buy the upscale grocer, with investors betting that rivals could step in to create a bidding war.
