A Manhattan court denied Goldman Sachs Group’s appeal to dismiss a class-action lawsuit that accuses the investment bank of hiding information when it created subprime securities prior to the Great Recession, according to a report in Reuters. In a 2-1 decision on Tuesday (April 7),...
Even with the coronavirus’ increasing health and financial crises, Bed Bath & Beyond wants to make sure a deal with 1-800-Flowers still goes through as planned — enough to request such from a judge. The deal agreed upon earlier this year called for 1-800-Flowers, which sells...
A European court ruling could put a crimp in Airbnb’s home- and apartment-sharing business on the continent. The major case is part of the ongoing international battle that pits local authorities across continents against property owners and Airbnb-style services seeking to use their properties for...
Activists for human rights and civil liberties have asked Israel’s top court to put a stop to cellphone monitoring by the state that was implemented to help slow the coronavirus from spreading further in the country, according to a report by Reuters. The country is...
November 22, 2022
New managers at cryptocurrency exchange FTX have found the company and its affiliates have $1.24 billion in cash — more than what debtors had previously identified — as the beleaguered firm heads to U.S. bankruptcy court. According to published reports Tuesday (Nov. 22), court filings show that advisory firm Alvarez & Marsal — assigned to […]
April 07, 2020
A Manhattan court denied Goldman Sachs Group’s appeal to dismiss a class-action lawsuit that accuses the investment bank of hiding information when it created subprime securities prior to the Great...
April 02, 2020
Even with the coronavirus’ increasing health and financial crises, Bed Bath & Beyond wants to make sure a deal with 1-800-Flowers still goes through as planned — enough to request such...
April 02, 2020
A European court ruling could put a crimp in Airbnb’s home- and apartment-sharing business on the continent. The major case is part of the ongoing international battle that pits local...