Category: Corporations

Credit Suisse bank, still reeling from losing billions of dollars last year, faced a fresh challenge Sunday: allegations from an international investigation that it had handled dirty money for decades. A cross-border media investigation broke Sunday claiming that Switzerland's second-largest bank had held tens of billions of dollars of ill-gotten funds, claims based on an insider's massive data leak. …

Continue reading "‘SwissLeaks’ probe says Credit Suisse bank handled dirty money over decades"

Native American tribes have reached settlements over the toll of opioids totaling $590 million with drugmaker Johnson & Johnson and the country’s three largest drug distribution companies, according to a court filing made Tuesday. The filing in U.S. District Court in Cleveland lays out the broad terms of the settlements with Johnson & Johnson and …

Continue reading "Johnson & Johnson will pay $590 million for toll opioid settlement | AP News"

Brian Flores has filed a class action lawsuit against the NFL for its racial hiring practices. The former Miami Dolphins head coach has been joined by a group of other Black coaches in the suit. In it, Flores makes some incredibly eye-opening claims. One that stands out is an allegation that Dolphins owner Stephen Ross offered him bonuses to …

Continue reading "Brian Flores Alleges Dolphins Owner Stephen Ross Offered Him Bonus to LOSE Games"

The founder of a tech company now valued at $14 billion told The Post that navigating the startup world of Silicon Valley is like dealing with a “boys club” full of “mob bosses.” Ryan Breslow built payments company Bolt from the ground up — and it now competes with the likes of Stripe, Square and …

Continue reading "Bolt founder calls Silicon Valley a “boys club” full of “mob bosses.”"

GRAHAM, Pierce County — Darrell Herde lived on 244th Street for nearly 30 years, never considering the risk of wildfire. Not until the knock on his door when, still bleary-eyed with sleep, he opened it to see a firefighter and smoke. Baseball-sized embers fell as the 40-foot trees above ignited, blackened and cracked from the …

Continue reading "When utilities spark wildfires in Washington, they can ‘burn down your house and get away with it’ | The Seattle Times"

Nov 23 (Reuters) - A federal jury on Tuesday found that pharmacy chain operators CVS Health Corp (CVS.N), Walgreens Boots Alliance Inc (WBA.O) and Walmart Inc (WMT.N) helped fuel an opioid epidemic in two Ohio counties, in the first trial the companies have faced over the U.S. drug crisis. Jurors in Cleveland federal court concluded that actions by the pharmacy …

Continue reading "CVS, Walgreens, and Walmart helped fuel an opioid epidemic | Reuters"