McDonald’s Corp has been sued for at least $10 billion by two companies owned by Byron Allen, a media entrepreneur, who has accused it of racial discrimination since it does not advertise enough with Black-owned media outlets. According to the… Read More ›
state
Attorneys general to meet up in Colorado next month for antitrust probe against Google Inc
The investigation into Google Inc’s online advertising business involves all U.S. state attorneys general except California and Alabama. According to three sources with knowledge of the matter at hand, U.S. state attorneys general probing Alphabet’s Google Inc plan on meeting… Read More ›
Oregon join coalition against T-Mobile-Sprint merger
15 U.S. States, headed by the Attorney General of New York and California, have filed a lawsuit against the merger saying it is anti-competitive and will raise costs by more than $4.5 billion annually for residents. In a significant development,… Read More ›
Equifax agrees to settle 2017 data breach federal and state investigations with $700 million
This is one of the largest ever settlement for a data breach. Affected consumers should get in touch with the company. On Monday Equifax Inc, a credit-reporting company, stated it will pay up to $700 million to settle U.S. federal… Read More ›
PG&E Corp appoints Nora Mead Brownell as its chairman
Along with Nora Mead Brownell’s appointment, PG&E Corp added several others to its board. These new addition to its board come in the wake of an ongoing battle with shareholder BlueMountain Capital Management LLC as well as crushing liabilities from… Read More ›
Become more competitive before talking of selling stake: French Finance Minister Bruno Le Maire
Bruno Le Maire’s comments come in the wake of Air France-KLM’s Canadian boss telling Air France’s labour unions that they should not depend on the state to bail them out and that the government was prepared to offload its stake… Read More ›
German state authorities expand VW’s diesel emission scandal scrutiny with market manipulation angle
Authorities have already raided 13 offices in VW’s headquarters and have seized documents and electronic files from its computers. WirtschaftsWoche, a German Magazine has reported citing a spokesman from the state prosecutors office as saying, they have started fresh enquiries… Read More ›