Law

Jul13, 2018

Johnson & Johnson sued in baby powder lawsuit

Baby powder not as safe as one might think On Thursday, a Missouri circuit court ordered Johnson & Johnson to pay $4.69 billion to over twenty women for their baby powder products, which supposedly contained cancer-forming asbestos. The court ruled…
Jul12, 2018

Facebook being charged in UK for Cambridge Analytica scandal

Facebook’s back is against the wall yet again On Tuesday, UK authorities announced that Facebook will be charged £500,000 for the Cambridge Analytica scandal. According to the authorities, Facebook failed to keep data of its users safe, and simultaneously, it did…
Jul12, 2018

ZTE stock rises

Can ZTE bounce back? China tech-firm ZTE saw its stock rise 25% on Thursday following a government announcement that the US ban will soon be removed. The US Commerce Department first created the ban on the tech firm because of…
Jul12, 2018

Justice Department will appeal AT&T -Warner

AT&T-Warner not over yet The Justice Department reported on Thursday that it will appeal AT&T’s acquisition of Warner, which Judge Richard Leon approved last month. Judge Leon ruled that the merger did not break any antitrust laws, and if it…
Jul10, 2018

Sinovel charged in stealing US trade secrets

Turbine manufacturer charged in intellectual property theft case A judge ruled that Chinese turbine manufacturer Sinovel Wind Group must pay $59 million in fines due to its attempts to steal trade secrets from wind tech firm AMSC. Because of the…
Jul10, 2018

FAA will not regulate airplane seat sizes

Will airplane seats ever stop shrinking? The Federal Aviation Administration announced last Tuesday that it will not establish a minimum width or seat length on airplane. Last year, aviation legislation organization Flyers Rights sued the FAA for having seats that…
Jul10, 2018

Mining mogul sentenced to 30 years in prison

Batista booked Eike Batista, a Brazilian oil and mining mogul, was sentenced to 30 years in prison on Tuesday after paying over $16 million in bribes. Moreover, Federal Judge Marcelo Bretas found Batista guilty of bribing Rio de Janeiro governor…
Jul05, 2018

Minnesota to sue Purdue Pharma

Opioid death crisis linked to OxyContin? The state of Minnesota is suing pharmaceutical manufacturer Purdue Pharma for its marketing of narcotic OxyContin. Attorney General Lori Swanson believes that Purdue Pharma did not highlight the addictive nature of the drug in…
May25, 2018

President Trump loosens bank regulations

Congress reaches bipartisan agreement on bank regulations On Thursday, President Trump rolled back regulations on small- and mid-size banks. The Obama administration signed the Dodd-Frank Wall Street Reform and Consumer Protection Act (abbreviated as Dodd-Frank) to increase financial stability after…