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IBM (NYSE:IBM) is facing a lawsuit that accuses the company of racially discriminatory layoffs targeting Black executives. The suit alleges a pattern of race based terminations tied to shifts in regulatory and compliance priorities. The case raises questions about IBM's diversity, equity, and inclusion practices and its internal governance controls. For investors following NYSE:IBM as a large enterprise technology and services provider, this case adds a social and governance angle to the...

The model was on sale for just five months because buyers felt some of the most desirable aspects of the Cybertruck line had been removed.

Multiple law firms have launched class action lawsuits against Babcock & Wilcox Enterprises (BW), alleging securities fraud tied to disclosures about a Power Generation Contract and conflicts of interest involving the company’s largest shareholder. See our latest analysis for Babcock & Wilcox Enterprises. At a share price of $14.84, BW has given investors a 133.70% year to date share price return and a very large 1 year total shareholder return. However, the recent 30 day share price return...

Google has reached a settlement with Black employees who alleged systemic racial disparities in hiring, pay, and advancement in a lawsuit filed in 2022. April Curley, a former Google employee, had sued the tech giant for racial discrimination, saying it engages in a “pattern and practice” of unfair treatment for its Black workers. Other former Google workers also joined the suit, which later received class action status.

EU regulators are giving Alphabet's Google a little bit ‌more time to sooth their concerns ‌after a previous proposal from the company fell short, ​the European Commission said on Friday. "Google is engaging with the Commission to defend itself and in other in order to offer a ‌solution that really ⁠addresses the concerns that were raised in the case and in the ⁠preliminary findings," Commission spokesperson Thomas Regnier told a daily news conference. The ​Commission, which acts as ​the EU competition ​enforcer, has charged Google with ‌breaching the Digital Markets Act, ​which aims ​to rein in the power of Big Tech, and is in the midst ​of finalising ‌its decision that could include a fine ​against Google.

If you've ever felt like pressing on your brake pedal seemed a lot like stepping on a giant sponge, chances are your vehicle needed some brake and clutch fluid. And if you've recently needed brake fluid and purchased ACDelco brand, this product recall is for you. On Thursday, May 7, the National ...

Shivon Zilis was an under-the-radar executive at Elon Musk’s companies and an OpenAI board member back in 2022. But she was hiding a major secret – Musk was the father of her twins born the year before.

Google faces a fresh UK lawsuit accusing it of abusing its dominance in online display advertising, the claimants announced Thursday, in the latest antitrust action against the US tech giant.A separate lawsuit filed in UK courts last year also accused Google of overcharging for online advertising.

Investors focus on software fix and Roadster

Malone's lawyers argue the perfumer has every right to use her own name, and wonder why the Estée Lauder Cos. has filed suit now, 14 years after the founding of Jo Loves, and seven years after the first fragrance collaboration with Zara.

The FCA’s move comes amid rising digital wallet usage in the UK.

Tesla has built its brand on the idea that software is a strength, not a vulnerability. A recall confirmed May 6 is a reminder that the gap between those two things can close quickly. The National Highway Traffic Safety Administration (NHTSA) confirmed that 218,868 Tesla vehicles are being recalled ...

Apple has agreed to pay $250 million to settle a class action lawsuit for overpromising the arrival of Siri's AI features.

Justice ‌Elena Kagan, on behalf of the court, declined to pause a ruling by the San Francisco-based 9th U.S. Circuit Court of Appeals ​that deemed Apple in contempt in the Epic lawsuit contesting App Store fees. Apple had sought the delay to give it time to file a full Supreme Court appeal of the 9th Circuit decision.

Settlement tied to AI feature rollout concerns

Software update aims to fix delayed image display problem

Meta Under Pressure as Major Publishers Challenge Llama AI Training Practices

U.S. buyers of the iPhone 15 Pro and iPhone 16 could receive up to $95 per device if a judge approves the deal

Tesla stock rose early Wednesday as the electric-vehicle maker recalled 218,868 cars to correct a rearview camera issue. Tesla shares were up 0.2% at $390.26, while and futures were up 0.7% and 0.9%, respectively. Benchmark oil prices were down 8% at just over $101 per barrel in early trading.

Apple agreed to a $250 million settlement

Nike stock has fallen far from its 2021 high, but has it hit the bottom yet?

Tesla stock rose early Wednesday as the electric-vehicle maker recalled 218,868 cars to correct a rearview camera issue. Tesla shares were up 0.4% at $390.80, while and futures were up 0.8% and 0.9%, respectively. Benchmark oil prices were down 8% at just over $101 per barrel in early trading.

<body><p>STORY: Elon Musk has settled a U.S. Securities and Exchange Commission lawsuit against him for a $1.5 million fine.</p><p>The suit accuses the world's richest person of waiting too long in 2022 to disclose his initial purchases of shares in Twitter, now known as X.</p><p>Under the settlement disclosed Monday, a trust in Musk's name will pay the fine.</p><p>The Tesla chief did not admit wrongdoing, and won't have to give up any of the $150 million he allegedly saved from the delay.</p><p>Now the settlement requires approval by U.S. District Judge Sparkle Sooknanan, who in February rejected Musk's bid to dismiss the case.</p><p>The SEC declined to comment.</p><p>In its lawsuit, the regulator said Musk's 11-day delay in revealing his initial 5% Twitter stake let him buy more than $500 million of shares at artificially low prices, before he finally revealed a 9.2% stake.</p><p>Musk called the delay inadvertent, and accused the SEC of violating his free speech rights by targeting him.</p><p>The case is separate from a civil suit where a San Francisco jury in March held Musk liable for having defrauded Twitter shareholders after announcing the buyout.</p></body>

Investing.com -- Reacting to Trump’s latest decision, Germany’s Defence Minister, Boris Pistorius, said: "The presence of U.S. soldiers in Europe and especially Germany is in our interest and the interest of the U.S."He added that his country was growing its armed forces, procuring more equipment more quickly, and building more infrastructure."

A California man recently filed a lawsuit against Morgan Stanley accusing the Wall Street giant of improperly enabling the collection of user data from its website through third-party tracking tools. It is at least the third such case Taajudin Elmarouk has brought against a large corporation. Elmarouk is seeking class-action certification in the Morgan Stanley lawsuit, which was filed April 23, as well as similar litigation targeting Fidelity Investments, filed April 2, and cosmetics company Estée Lauder filed Dec. 23, 2025.

The complaint against Kraft Heinz, PepsiCo and other companies aims to connect packaged foods and consumer health issues after a judge tossed a similar lawsuit last fall.

(Updates with Dish's response and additional information on the lawsuit in the fourth and fifth para

Adeia (ADEA) said Wednesday that its subsidiaries have filed a patent infringement lawsuit against D