Techno Blender
Digitally Yours.
Browsing Tag

Crime/Legal Action

Bayer Wins Roundup Cancer Case Ahead of Supreme Court Move

Bayer AG BAYRY -1.56% notched a third consecutive court victory in the U.S. over its Roundup weedkiller after a jury in Missouri rejected a claim that it causes cancer days before an eagerly anticipated Supreme Court announcement on a key case. The Supreme Court is expected to announce next week whether it would hear Bayer’s bid to dismiss a Roundup case. Should the court take up the case and ultimately find in favor of the German…

Old Coal Plant Neared Retirement, but Now It’s Needed to Keep the Lights On

An aging, polluting coal power plant in Missouri was headed for retirement this year. But because the region’s grid operator needs the plant’s electricity to reduce the risk of blackouts, it likely will keep running for several years longer.The push to delay the closure of the Rush Island power plant, a 46-year-old generator south of St. Louis owned by Ameren Corp. AEE -2.60% , shows the difficult decisions that utilities and power grid officials face as projected…

Former Theranos President’s Defense Rests in Criminal-Fraud Trial

SAN JOSE, Calif.—Lawyers for Ramesh “Sunny” Balwani called their second and final witness and rested their brief defense of the onetime Theranos Inc. executive charged with a dozen counts of criminal fraud.Mr. Balwani didn’t testify in his own defense. Thursday’s testimony from technical consultant Richard Sonnier brings the trial, which follows the conviction of Theranos founder and Chief Executive Elizabeth Holmes in January,…

Tech and Manufacturing Firms Launch Industrial Cybersecurity Group

Manufacturing and critical infrastructure organizations and security company Dragos Inc. on Tuesday will launch a group to provide cyber threat intelligence and protection tools for small and medium-size industrial companies, which are especially vulnerable to hackers.The Dragos Operational Technology Cyber Emergency Readiness Team will follow the model of other CERTs in offering free assessments, recommendations and other cybersecurity resources online, said Dawn Cappelli, director of the OT-CERT. Dragos specializes in…

J&J Says It Plans to End Covid-19 Vaccine Supply Deal With Emergent BioSolutions

Johnson & Johnson said Monday it planned to terminate its Covid-19 vaccine supply deal with contract manufacturer Emergent BioSolutions Inc., as both companies accused each other of breaching the agreement. J&J informed Emergent last week of its plan to terminate the 2020 manufacturing agreement “based on Emergent’s breaches, including failure to supply Covid-19 vaccine drug substance,” J&J said in a written…

Supreme Court Rejects Forced Arbitration for Southwest Airlines Baggage Workers

WASHINGTON—The Supreme Court on Monday ruled unanimously that airline baggage handlers can’t be compelled to resolve employment disputes through individual private arbitration, bucking a trend of recent decisions making it easier for employers to avoid class-action lawsuits brought by workers.Writing for the court, Justice Clarence Thomas said baggage handlers expressly are exempted from the Federal Arbitration Act, a 1925 law that allows employers to make it a condition of employment that…

Biden Administration to Waive Solar Import Tariffs for Two Years

Seeking to resolve a conflict in the solar industry, the White House plans to waive some tariffs on solar imports to ensure steady supplies while invoking the Defense Production Act to boost domestic manufacturing of solar parts. “It is going to put wind in the sails of construction projects all across the country,” a senior administration official said Monday. “We are going to grow and we aren’t playing for second place here.” The two-year waiver on tariffs is aimed at…

Alex Jones’s Infowars Ends Bankruptcy After Sandy Hook Families’ Exit

Infowars is jettisoning its bankruptcy case after families of Sandy Hook school shooting victims who are suing the conspiracy site’s founder, Alex Jones, withdrew from the chapter 11 process. The outcome described in court papers filed this week is the culmination of a failed legal strategy initiated by Infowars in April that attempted to tap the power of chapter 11 to settle defamation lawsuits that Mr. Jones’s lawyers have said threaten him with financial ruin. Infowars is jettisoning…

Former NFT Marketplace Employee Charged in Insider Trading Scheme

The Justice Department charged a former employee of an NFT marketplace with fraud and money laundering in what prosecutors said was the first case to involve insider trading of the digital tokens. An indictment unsealed Wednesday in New York charged Nathaniel Chastain, a 31-year-old former product manager at the online marketplace OpenSea, with using inside information to profit on NFTs, or nonfungible tokens, that were to be featured on his employer’s home…

Crypto Industry Sees Surge in Lawsuits as Investor Losses Pile Up

Lawsuits over cryptocurrency losses are mounting across the country, as investing in digital tokens and coins has become mainstream and the money at stake has increased significantly.Even before the recent plunge in crypto prices, the industry already was seeing an uptick in lawsuits, which have come in several forms. Many of the cases have been fueled by investors who allege some digital coins were hyped and sold under false pretenses. Some proposed class-action suits allege pump-and-dump schemes involving celebrity…