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...The top US consumer finance watchdog has raised doubts about megamergers in the credit card industry, just as Capital One attempts to close its $35.3bn takeover of card issuer Discover Financial Services...
...He said this made it “much harder to enforce claims” over the Wirecard audits....
...Investors will be interested in its artificial intelligence services and the new technology’s effect on its cloud segment Azure....
High-speed trading firm sued hedge fund last week over lucrative options trading strategy it claims were stolen
...The third bill would restore to New York State law the champerty defence for sovereign defaulters, which the legislature removed for claims of more than $500,000 in 2004....
...They also mentioned a settlement federal prosecutors reached in 2017 with two Hankey Group companies, which paid almost $761,000 to resolve claims they had unlawfully repossessed dozens of vehicles owned...
...Explain what is meant by publication bias In 2020, the company agreed to a large settlement based on false safety claims about one of their (anti-addiction) drugs....
...Continuing claims, by people who have previously made an initial claim, dropped to a six-week low of 1.79mn in the week to March 23, from 1.81mn previously....
...Handler looked forward to pursuing his breach of contract claims lawsuit, the representative added....
...Pecker outlined how he went on to pay $30,000 to stop a doorman going public with claims that Trump had fathered an illegitimate child, even though he believed the claims were false....
...McKinsey is facing a criminal investigation in the US over its work for opioid manufacturers, piling new pressure on a firm that has paid almost $1bn to settle civil claims that its advice fed an epidemic...
...Although the number of continued claims has steadily increased since September, job cuts have remained at historically low levels....
...The US oil major reiterated its confidence that its proposed $53bn takeover of Hess would go ahead despite claims by ExxonMobil that it has rights to Hess’s lucrative Guyana offshore oil assets....
...A New York judge has scolded a law firm for citing ChatGPT to support its application for “excessive” attorneys’ fees of up to $600 an hour....
...It was also an ideal backdrop to restate his claim that Alvin Bragg, the Manhattan district attorney, was pursuing him at the expense of actual victims of crime and violence....
...reported in February that Alvarez & Marsal, the Evergrande liquidator appointed by a Hong Kong court, was preparing for a potential lawsuit against PwC that could lead to it facing a high-profile negligence claim...
...WithumSmith+Brown, a US accounting firm that audited hundreds of special purpose acquisition companies during the boom in Spac flotations this decade, has paid $2mn to settle claims its work failed to meet...
...The New York attorney-general’s office, which brought the claim, in turn asked the appellate division to force Trump to post the full amount, arguing that he had all but admitted that he had “insufficient...
...That was above economists’ expectations for 200,000 new claims and the previous week’s upwardly revised level of 189,000....
...The association’s index tracking the services sector fell to 51.4 last month from 52.6 in February, missing economists’ forecasts for a reading of 52.7....
...The outcome of that challenge has no bearing over the New York case, which has been brought under state rather than federal law....
...They sparked a reckoning in Hollywood, ousting dozens of powerful executives over misconduct claims, including former CBS chief Les Moonves and Pixar cofounder John Lasseter....
...Additional reporting by Joe Miller and Joshua Chaffin in New York...
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