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Latest News in Corporate
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April 29, 2026
A New York federal judge won't rethink her decision to toss wage claims brought by Amazon warehouse workers who said they weren't paid for time spent undergoing mandatory security screenings, finding they failed to meet the standards for reconsideration.
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April 29, 2026
A business technology company and its former information technology director have agreed on the material terms of a settlement to resolve allegations that the company fired him after he requested leave to care for his wife following surgery, an Ohio federal magistrate judge said.
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April 28, 2026
Battery-maker Duracell cannot escape chemical company BASF Corp.'s lawsuit accusing it of stealing trade secrets about its lithium battery technology after gaining access to the information through a cooperation agreement, a Delaware federal judge ruled Tuesday.
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April 28, 2026
Billionaire Elon Musk testified in a California federal jury trial Tuesday that OpenAI executives Sam Altman and Greg Brockman illegally converted OpenAI into a for-profit company after he invested $38 million under the condition the ChatGPT-maker would remain a nonprofit, creating a potential precedent for "looting in every charity in America."
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April 28, 2026
Investors told a Texas jury that Exxon Mobil Corp. inflated the value of its stock by misrepresenting how much money its Kearl Lake operations were making, saying Tuesday that the oil giant hid the truth to snag a better interest rate in a bond offering.
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