Corporate legal affairs

July 01, 2020 - 5:12 pm
NEW YORK (AP) — California regulators have sued Cisco Systems, saying an engineer faced discrimination at the company's Silicon Valley headquarters because he is a Dalit Indian. India’s caste system long placed Dalits at the bottom of a social hierarchy, once terming them “untouchables.” Inequities...
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July 01, 2020 - 7:30 am
ANKARA, Turkey (AP) — Turkey’s president vowed Wednesday to tighten government control over social media following alleged insults directed at his daughter and son-in-law when they announced the birth of their fourth child on Twitter. Turkish President Recep Tayyip Erdogan told members of his party...
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File---Picture taken June 24, 2020 shows the Wirecard logo at the headquarters of the payment service provider in Aschheim, Germany. (Sven Hoppe/picture-alliance/dpa via AP, file)
July 01, 2020 - 5:04 am
BERLIN (AP) — Investigators searched the headquarters of German payment systems provider Wirecard and four other locations Wednesday as part of their probe of an accounting scandal that led to the arrest of the company's longtime CEO and forced the firm to file for bankruptcy protection. Twelve...
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FILE - In this Dec. 11, 2019, file photo, a Boeing 737 Max being built for Norwegian Air International taxis for a test flight, at Renton Municipal Airport in Renton, Wash. Key senators say the Federal Aviation Administration is stonewalling their attempt to get documents that might explain how the agency approved the Boeing 737 Max, which remains grounded more than a year after two deadly crashes. Senate Commerce Committee Chairman Roger Wicker, a Republican from Mississippi, said Wednesday, June 17, 2020 that the FAA has failed to respond to more than half of his committee’s requests for documents. (AP Photo/Ted S. Warren, File)
June 30, 2020 - 4:50 am
COPENHAGEN, Denmark (AP) — Low-cost carrier Norwegian Air Shuttle said Tuesday it has cancelled its 97 outstanding orders for planes from U.S. manufacturer Boeing. Norwegian said in a statement it had terminated the purchase agreements of five 787 Dreamliners and 92 737 MAX aircraft. The Oslo-based...
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June 26, 2020 - 5:26 pm
DETROIT (AP) — General Motors asked a federal appeals court Friday to overturn an order that requires its CEO to meet with the head of Fiat Chrysler by next week to try to settle a lawsuit related to corruption by union leaders. GM also asked the appeals court to remove U.S. District Judge Paul...
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FILE - In this May 2020 file photo, Tyson's Fresh Meat workers file in for a tour of safety measures put into place after the plant in Waterloo, Iowa, had to shut down due to a COVID-19 outbreak. Iowa's workplace safety agency says an inspection did not uncover any violations at Tyson Foods' largest pork processing plant, where several employees died after contracting the coronavirus. The Iowa Occupational Safety and Health Administration closed its inquiry into the Waterloo plant earlier this month without sanctioning the meat company. (Brandon Pollock/The Courier via AP, File)
June 25, 2020 - 5:33 pm
IOWA CITY, Iowa (AP) — The families of three workers who died after contracting the coronavirus in an Iowa meat plant outbreak sued Tyson Foods and its top executives Thursday, saying the company knowingly put employees at risk and lied to keep them on the job. The lawsuit alleges that Tyson...
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FILE - In this Thursday, April 25, 2019 file photo, Markus Braun, CEO of financial services company wirecard, attends the earnings press conference in Munich, Germany. Prosecutors in Germany say that the former CEO of the payments company Wirecard has been arrested in an accounting scandal that centers on a missing sum of 1.9 billion euros, or 2.1 billion dollars. Markus Braun resigned on Friday after the company disclosed that auditors couldn't find accounts containing the money.(AP Photo/Matthias Schrader, file)
June 25, 2020 - 8:40 am
FRANKFURT, Germany (AP) — An accounting scandal at one of Germany’s fastest-growing blue-chip companies has raised doubts about the national financial watchdog and, coming on top of other high-profile cases of fraud, led to questions about the country’s ability to oversee its corporate titans. Some...
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June 23, 2020 - 3:53 pm
JEFFERSON CITY, Mo. (AP) — A Missouri appeals court has reduced a talcum powder verdict against Johnson & Johnson by more than half, even while ruling that the company knowingly sold a product that caused cancer. In the ruling announced Tuesday, the Eastern District Missouri Court of Appeals...
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FILE - In this Thursday, April 25, 2019 file photo, Markus Braun, CEO of financial services company wirecard, attends the earnings press conference in Munich, Germany. Prosecutors in Germany say that the former CEO of the payments company Wirecard has been arrested in an accounting scandal that centers on a missing sum of 1.9 billion euros, or 2.1 billion dollars. Markus Braun resigned on Friday after the company disclosed that auditors couldn't find accounts containing the money. (AP Photo/Matthias Schrader, file)
June 23, 2020 - 7:25 am
BERLIN (AP) — The former CEO of German payment service provider Wirecard has been arrested, accused of inflating the company's balance sheet in an accounting scandal that centers on a missing sum of 1.9 billion euros ($2.1 billion), prosecutors in Munich said Tuesday. Markus Braun resigned on...
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FILE - In this Dec. 16, 2019, file photo, a sign to a Pacific Gas & Electric building is shown in San Francisco. A federal judge is expected opn Friday, June 19, 2020, to approve Pacific Gas & Electric's $58 billion plan for ending its 17-month stint in bankruptcy, clearing the way for the nation's largest utility to begin paying $25.5 billion to cover the losses in a series of horrific wildfires ignited by its long-neglected electrical grid. (AP Photo/Jeff Chiu, File)
June 19, 2020 - 7:13 pm
SAN FRANCISCO, Calif. (AP) — A federal judge on Friday said he was approving a $58 billion plan by the nation’s largest utility to end a contentious bankruptcy saga that began after Pacific Gas & Electric’s outdated equipment ignited wildfires in California that killed more than 100 people,...
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