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Pilgrim's Pride Falls After Chicken Companies Are Charged With Price Fixing
2020 Jun 03, 1:37pm | 387Read More...The U.S. Justice Department indicted Pilgrim's Pride Corporation (NASDAQ: PPC) CEO Jayson Penn, former Vice President Roger Austin, along with Claxton Poultry Farms President Mikell Fries and Vice President Scott Brady for allegedly conspiring to fix prices on chickens, The Wall Street Journal...
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What Chapter 11 Bankruptcy Filings Mean For Investors
2020 Jun 03, 9:40am | 879Read More...Tuesday Morning Corporation (NASDAQ: TUES) is taking the Chapter 11 route, in a retail sector beset by online competition and caution among consumers due to economic uncertainty. A slew of publicly listed companies have filed for Chapter 11 of late, including: Hertz Global...
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California Class Action Seeks More Than $5B In Damages From Google For Allegedly Tracking Data In Incognito Mode
2020 Jun 03, 12:26am | 406Read More...A proposed class action lawsuit was filed against Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Google LLC on Tuesday, alleging privacy violation, Bloomberg reported. What Happened The complaint filed in the United States District Court for Northern District of California claims that...
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Shippers Warn Of Antitrust Ramifications
2020 Jun 01, 1:10pm | 737Read More...Shippers are concerned that the freight railroads' justification over alleged price-fixing that occurred in the early 2000s could open the door towards loosening antitrust laws. The concerns are related to lawsuits from dozens of shippers aimed at four U.S. Class I railroads, CSX (NASDAQ: CSX),...
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Impossible Foods Scores Big Win In Legal Battle With Nestle
2020 Jun 01, 10:59am | 353Read More...Plant-based food maker Impossible Foods scored a big legal victory against food giant Nestle S A/S ADR (OTC: NSRGY), The Wall Street Journal reported. What Happened Nestle was ordered by a European court to rename its plant-based burger line "Garden Gourmet Incredible Burger." The...
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Trump Had A 'Productive' Call With Facebook CEO Day After He Signed Executive Order Targeting Social Media: Report
2020 Jun 01, 4:47am | 489Read More...President Donald Trump held discussions with Facebook Inc. (NASDAQ: FB) Chief Executive Officer Mark Zuckerberg over the phone the day after he had signed an executive order targeting social media legal immunity, Axios reported Sunday. What Happened Both sides described the conversation as...
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15 US Banks Facing Currency Rigging Lawsuit Brought By Large Investors
2020 May 29, 8:30am | 394Read More...Institutional investors such as BlackRock Inc. (NYSE: BLK) and Allianz SE’s (OTC: ALIZF) Pacific Investment Management Co. have received the legal go-ahead to pursue their lawsuit against 15 large banks for price rigging in the foreign exchange markets. What Happened A Manhattan judge has...
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Trump Tweet About George Floyd, Minnesota Censored By Twitter: 'When The Looting Starts, The Shooting Starts'
2020 May 29, 7:41am | 659Read More...Twitter Inc (NYSE: TWTR) has censored a tweet from President Donald Trump about George Floyd and the Minnesota riots. What To Know About George Floyd George Floyd, a 46-year-old black man, died in police custody on Monday after a white Minneapolis officer handcuffed him and kneeled on his neck...
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Chinese Parliament To Impose National Security Laws That Will End Hong Kong Autonomy
2020 May 29, 5:54am | 419Read More...In a move that can be construed as ending Hong Kong’s autonomy, the parliament of China has passed controversial national security laws for the territory, similar to the ones in place on the mainland. What Happened China’s parliament, the National People’s Congress, ...
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Trump Signs Executive Order To End Social Media Legal Immunity For Third-Party Content
2020 May 29, 1:08am | 528Read More...President Donald Trump signed an executive order late Thursday aimed at limiting social media platforms immunity from legal actions arising out of third-party content posted on their platform. Barr To Frame Draft Legislation The president said Section 230 of the Communications Decency Act...
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Tech Companies Aren't 'State Actors,' Judge Dismisses Conservative Bias Lawsuit Against Facebook, Twitter, Google, Apple
2020 May 28, 8:14am | 449Read More...The United States appeals court in Washington, D.C. has dismissed a 2018 lawsuit that accused top tech and social media companies of undermining users' First Amendment rights, TechCrunch reported Wednesday. What Happened The lawsuit had alleged that the companies, including Apple Inc. (NASDAQ:...
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Huawei CFO Meng Wanzhou Closer To Being Extradited To US After Losing Key Court Case
2020 May 28, 5:33am | 404Read More...Huawei’s CFO, Meng Wanzhou, facing bank fraud charges in the United States, suffered a setback in Canadian courts Wednesday, when a judge agreed that the case met the standards of double criminality. What Happened In January, the court in Vancouver, British Columbia, started the hearings...
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Arizona Alleges Consumer Fraud In Lawsuit Against Google
2020 May 28, 4:36am | 439Read More...Google owner Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) is being sued by the state of Arizona, which is alleging the use of “deceptive” and “unfair” practices. What Happened Arizona’s Attorney General Mark Brnovich took to Twitter to announce the filing of the...
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Trump To Sign Executive Order On Social Media Today, Day After Twitter Spat
2020 May 28, 12:57am | 430Read More...President Donald Trump is set to sign an executive order against social media companies on Thursday, White House Press Secretary Kayleigh McEnany informed reporters aboard the Air Force One on Wednesday, as reported by Politico. Trump Could Target Social Media Immunity McEnany didn't elaborate...
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Justice Department Ends Probe Into Three Senators For Coronavirus-Related Insider Trading, Burr Still Under The Radar
2020 May 27, 5:36am | 343Read More...The United States Department of Justice has ended its investigation into three senators for insider trading accusations related to the novel coronavirus (COVID-19) pandemic, according to a Wall Street Journal report Tuesday. What Happened Republican senators Richard Burr, Kelly Loeffler and James...
