Litigation/Liability Trends
Wells Fargo Will Fork Over $2.09B to Resolve Longstanding U.S. Mortgage Probe
Ten years after faulty mortgages upended the global financial system, Wells Fargo & Co. agreed to pay $2.09 billion to settle a U.S. probe into its creation and sale of loans that contributed to ...
Analysts Grill U.S. Insurers About Exposure to $4.7B J&J Talc Verdict
Wall Street is trying to figure out whether the U.S. insurance industry will bear any costs from a record $4.69 billion judgment against Johnson & Johnson awarded to customers and their families ...
SCOTUS Declines to Stop Children and Teens’ Climate Lawsuit
The U.S. Supreme Court refused to halt a novel and sweeping lawsuit pressed by children and teenagers seeking to force the federal government to take steps against climate change. Rejecting a Trump ...
States Sue to Block Trump Administration Plans Allowing Downloadable 3-D Printed Gun Instructions
A group of Democrat-controlled states said it sued to block the Trump administration from allowing 3-D gun manufacturers to publish instructions on how to make "downloadable" guns. The coalition is ...
Oracle, SAP Business Software Increasingly Targeted by Hackers: Study
At least a dozen companies and government agencies have been targeted and thousands more are exposed to data breaches by hackers exploiting old security flaws in management software, two cyber ...
Trump’s Auto Efficiency Rollback Makes Safety Claims; Experts Are Wary
The Trump administration intends to brand its rollback of Obama-era fuel economy requirements as a life saver, literally -- even labeling it the "Safer and Affordable Fuel Efficient Vehicles Rule." ...
Shared Workspace Leases Increasingly Raise Liability Issues
The amount of office leasing by "coworking" firms in Manhattan is nearing 10 percent of all new leases, a sign of growing demand for short-term contracts by companies seeking workspace but a warning ...
Extreme Weather, Record Temperatures Drag on in Europe and Asia
Extreme weather that's gripping northern Europe and parts of Asia may persist through early August, prolonging a deadly heatwave that's parched crops and sparked devastating forest fires. ...