Archive for January 2024
Netflix Beats Shareholder Lawsuit over Account-Sharing Disclosures
Netflix has defeated a lawsuit filed by shareholders in a federal court in California that accused the streaming entertainment company of hiding the extent to which account-sharing was hindering its growth. A Texas-based investment trust sued in May 2022, after … Source: Claims Journal
Read MoreMunich Re: Quakes and Storms Cause $95 Billion in Insurance Losses in 2023
Earthquakes in Turkey and Syria, storms in the United States and other natural disasters caused an estimated $95 billion in insured losses in 2023, down from the previous year but still above the long-term average, Munich Re said on Tuesday. … Source: Claims Journal
Read MoreBoeing Probe Focuses on Bolts as Airlines Find Loose Parts
Air-safety officials probing last week’s fuselage blowout on a Boeing Co. 737 aircraft have turned their attention to four bolts they’ve been unable to locate and said they may widen their investigation beyond the Max 9 variant after multiple airlines … Source: Claims Journal
Read MoreRussian Billionaire and Sotheby’s Fight Over ‘The Lost Leonardo’ Painting
Sotheby’s abused its “privilege, power and reputation” to help dupe a Russian billionaire out of millions of dollars as he amassed a world-class art collection, a lawyer for the businessman argued on the first day of a closely watched trial … Source: Claims Journal
Read MoreElon Musk’s Drug Use Is the Latest Headache for Tesla’s Board
Elon Musk’s reported drug use has Tesla Inc. board members facing a familiar quandary: having to decide what, if anything, to do about the chief executive subjecting directors and shareholders alike to great financial and legal risk. The Wall Street … Source: Claims Journal
Read MoreFloods Strand Cows, Damage Crops as Wild Weather Hits Australia
Heavy rains and flooding across Australia’s southern state of Victoria has damaged crops and stranded cattle as a months-long run of wild weather on the nation’s east coast leaves a trail of destruction. Severe storms have lashed Victoria since October, … Source: Claims Journal
Read MoreCustomer Sues Dunkin Donuts Over ‘Exploding’ Toilet in Florida
ORLANDO, Fla. (AP) — A customer has filed a negligence lawsuit against Dunkin`, claiming he was injured by an exploding toilet at one of the coffee chain`s locations in central Florida. Paul Kerouac is seeking more than $100,000 in a … Source: Claims Journal
Read MoreLoss of Alaska Airlines Cockpit Recording Rekindles Industry Safety Debate
WASHINGTON –– The cockpit voice recorder data on the Alaska Airlines Boeing 737 MAX 9 jet which lost a panel mid-flight on Friday was overwritten, U.S. authorities said, renewing attention on long-standing safety calls for longer in-flight recordings. National Transportation … Source: Claims Journal
Read MoreTesla Recalls over 1.6 Million EVs Exported to China to Fix Automatic Steering, Door Latch Glitches
BEIJING (AP) __ Tesla is recalling more than 1.6 million Model S, X, 3 and Y electric vehicles exported to China for problems with their automatic assisted steering and door latch controls. China’s State Administration for Market Regulation announced the … Source: Claims Journal
Read MoreFlooding at Boston Hospital Disrupts IVF Services for 200 Patients, Leaving Some Devastated
MEREDITH, N.H. (AP) — Flooding from a burst water main at Boston`s Brigham and Women’s Hospital has disrupted services for about 200 patients seeking to have children through in vitro fertilization, leaving some of them devastated. Alexis Goulette, who runs … Source: Claims Journal
Read More