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Some Gary, Indiana Residents Still Without Power Weeks After Storms
Things became all-too familiar for Kimya Williams after storms rumbled through Gary, Indiana, earlier this month leaving big chunks of the mostly-Black city in the dark for two weeks. The power outage reminded the 50-year-old of what she experienced in …
Meta to Pay Texas $1 Billon in Child Safety Case
Social media giant Meta will pay over $1 billion to Texas and implement sweeping protections for children as part of a settlement with the state, Attorney General Ken Paxton announced Wednesday. The settlement comes as Meta, the company behind Facebook …
Top Container Line Halts Russian Black Sea Service Due to Drones
The world’s top container shipper MSC Mediterranean Shipping Co. has suspended new bookings to and from Russia’s Novorossiysk port with immediate effect after one of its vessels was attacked by a drone. The decision follows a recent strike on the …
Iran, Oman Agree to Share Strait of Hormuz Revenue
Iran’s military said it reached a revenue-sharing agreement with Oman on the Strait of Hormuz, as the two sides push for a wider deal on the management of the crucial waterway. “Agreements have been reached regarding each country’s share of …
PwC International Can’t Exit Evergrande Case, HK Court Rules
A Hong Kong court declined to remove PricewaterhouseCoopers International Ltd. from a multibillion-dollar lawsuit brought by China Evergrande liquidators against the firm and its Hong Kong and mainland Chinese affiliates. Deputy High Court Judge Patrick Fung said the evidence PwC …
Large SC Restaurant Chain Pays $700,000 in Back Wages, Fines from DOL
A South Carolina restaurant chain has paid more than $718,000 in back wages and penalties after federal investigators found that the company had failed to pay overtime to workers and allowed managers to dip into the tip pool. Tropical Grille …
Meta Agrees to Pay Up to $16.7 Billion in Social Media Case
Meta Platforms Inc. has agreed to pay up to $16.7 billion to settle a landmark social media case with multiple US states, according to a court filing Wednesday. The deal requires the company to put new guardrails on its platforms …
Alabama AG Launches Probe Into OpenAI After Hugging Face Breach
Alabama’s attorney general said the state had opened an investigation into OpenAI after its models hacked technology company Hugging Face last month, raising concerns about how artificial intelligence firms control their powerful systems. Here are a few details: Last week, …
Plane Crashed on Second Attempt to Land in Heavy Fog in Alaska, Killing 8, Officials Say
A plane that crashed at a remote military site in western Alaska, killing all eight people on board, had been making its second runway approach in heavy fog when it lost contact, authorities said. The Cessna’s two pilots could not …
Yale Police Officer Charged With Workers’ Compensation Fraud
A New Haven man has been arrested and charged with illegally collecting workers’ compensation benefits from the state while being employed as a campus police officer at the Yale University Police Department. According to the arrest warrant affidavit, in November …
Meta, States Have Discussed Settling Teen Social Media Case
Meta Platforms Inc. and state attorneys general have discussed a possible mid-trial settlement of a blockbuster case accusing the company of deliberately designing Facebook and Instagram to addict teens, people familiar with the matter said. The trial, now in its …
Freestone Acquires Illinois-Based 360 Benefits
Freestone Insurance Group, a Shore Capital Partners portfolio company, has acquired 360 Benefits, an employee benefits focused brokerage based in Chicago. 360 serves privately held, middle-market employers across a broad range of industries, delivering high-touch consultative benefits and risk management …
