Legal & Regulatory

Global News Cuts Over Two Dozen Jobs in Canada; Parent Company Blames the Economy

According to its parent company Corus Entertainment, Global News laid off over 24 employees in Alberta, British Columbia, and Ontario due to economic pressures and regulatory challenges.


Brazen Thieves Strike Electric Vehicle Charging Station in Seattle

Thieves in Seattle swiftly target an electric vehicle charging station, snatching copper charging cables as part of a nationwide trend of cable thefts, prompting concerns over security.

Terraform Labs Settles SEC Lawsuit for $4.47 Billion After Investor Loss

Terraform Labs agrees to a $4.47 billion settlement with the SEC for investor asset loss, with co-founder Do Kwon also facing penalties and restrictions following determinations of fraud, impacting the cryptocurrency industry.

Japan Enacts Legislation Mandating That Google, Apple Permit Use of Third-Party Apps

Japanese legislation penalizes digital corporations like Google and Apple that don't allow third-party applications and payment systems.


Latest News

Michigan Insurer Drops Coverage for Weight-Loss Drugs Amid Cost Concerns
Michigan discontinues coverage for Novo Nordisk and Eli Lilly's weight-loss drugs, impacting thousands, citing cost-effectiveness concerns.
US Sanctions Several Firms in Hong Kong, UAE for Involvement in Russian Gold Trade
The US has imposed sanctions on several companies based in Hong Kong and the UAE for involvement in the trade of gold produced by a sanctioned Russian miner.
Megabus Operator Coach USA Files for Bankruptcy, Seeks Sale of Business
Coach USA, the company behind Megabus and several commuter bus lines in the US and Canada, has filed for bankruptcy protection in Delaware.
Former SpaceX Employee Claims She Had Sex with Elon Musk, According to Report
An exclusive report by the Wall Street Journal reveals several claims from some female SpaceX employees saying that CEO Elon Musk made advances to them, some of it even involving sexual intercourse.
Raytheon Faces Legal Action Over Alleged Age Discrimination in Hiring
A 67-year-old Virginia man filed a lawsuit against Raytheon, alleging age discrimination in hiring practices.
Hunter Biden Faces Sentencing and Upcoming Tax Trial Amidst Father's Reelection Campaign
Hunter Biden, son of President Joe Biden, faces sentencing and an upcoming tax trial amidst his father's reelection campaign, following his conviction on three felony gun charges.
INTERNET-MEDIA-YOUTUBE-FEATURE
Tech watchdogs demand a DOJ probe into YouTube's unfair competitiveness, citing its pre-installation advantage in smartphones and TVs.
Banker Mimi Monica Wong, 61 leaves her a
Mimi Wong, a former HSBC executive, wins a lawsuit after suing dance instructors for HK$62 million in prepaid fees, alleging public insults and calling her a "lazy cow."
HONG KONG-CHINA-ECONOMY-TRANSPORT
EU will impose tariffs on Chinese EVs, following the footsteps of the US, but EU automakers fear retaliatory measures that will impact stocks.
Chiquita Brands Ordered to Pay $38.3 Million for Funding Paramilitary Group in Colombia
Chiquita Brands has been ordered by a federal jury in Florida to pay $38.3 million to 16 family members of victims killed by a paramilitary group it funded during Colombia's civil war.
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