Latest in Billion Dollar Lawsuits
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Honeywell beefs up energy security offerings with $2 billion Sundyne deal
Conglomerate adds pump-maker business to its Energy and Sustainability Solutions (ESS) unit.MarketWatch - 2d -
Norway’s oil fund to allocate billions to long-short equity hedge funds
Norges Bank Investment Management to give $250mn mandates to external managersFinancial Times - 2d -
Taiwan President Defends TSMC’s $100 Billion U.S. Chip Investment
The Taiwanese chip giant TSMC’s plan to invest $100 billion in the United States has been met with anxiety and criticism in its home country.The New York Times - 19h -
Supreme Court rejects Trump's push to freeze billions in foreign aid
The Trump administration suffered a legal setback after the Supreme Court on Wednesday rejected its request to keep nearly $2 billion in foreign aid frozen. The ruling was 5-4, with conservative ...NBC News - 19h -
How the Crypto Exchange Bybit Lost $1.5 Billion to North Korean Hackers
The cryptocurrency exchange Bybit lost $1.5 billion to North Korean hackers last month — and it all traced back to an account on a free digital storage service.The New York Times - 16h -
Americans borrowed $74 billion last year to cover health care costs
For millions of Americans, paying for medical care often means going into debt, new data shows.CBS News - 10h -
Walgreens to go private in roughly $10 billion deal with Sycamore Partners
The historic transaction ends Walgreens' tumultuous run as a public company, which began in 1927.CNBC - 8h -
Actor Faizon Love struck San Diego hotel worker with credit card reader, lawsuit alleges
A San Diego hotel worker alleges that 'Elf' actor and comedian Faizon Love hurled a credit card reader at her last year, according to a lawsuit filed this week.Los Angeles Times - Feb. 21 -
Federal employee unions expand lawsuit to Musk firing threat if they don't justify work
A group of federal employee unions Sunday expanded its existing lawsuit to challenge Elon Musk’s threat that federal employees will face termination unless they send an email justifying their work ...The Hill - Feb. 24 -
Judge tosses part of a lawsuit against UK band The 1975 for gay kiss at Malaysian music festival
A London judge has dismissed part of a lawsuit against the British band The 1975 over the lead singer’s gay kiss that led Malaysian authorities to shut down a music festivalABC News - Feb. 24 -
Bungie Lawsuit Had To Cite Destiny 2 Fan Videos Because In-Game Content No Longer Exists
Bungie hasn't been shy about deleting older content from Destiny 2 (a process it calls "vaulting") in order to make room for new stuff, but it appears this controversial practice had some ...GameSpot - Feb. 25 -
SWAT team raided the wrong Denver apartment and traumatized two young girls, lawsuit says
A lawsuit claims a SWAT team stormed into the wrong Denver apartment while looking for a suspect, traumatizing children despite knowing the man they were looking for lived in another unit.NBC News - Feb. 26 -
LeBron, Bronny James deny allegations made in new lawsuit claiming involvement in Southern California car crash
LeBron James and his son, Bronny, were named in a lawsuit claiming they crashed into two people on a Los Angeles-area highway in 2022.Yahoo Sports - Feb. 26 -
LeBron, Bronny James 'deny each and every allegation' made in lawsuit involving 2022 car crash
The suit was filed a day after Bronny James made his NBA debutCBS Sports - Feb. 26 -
Paramount’s Shari Redstone Wants a Resolution on President Trump Lawsuit Ahead of Skydance Merger
Redstone, who controls Paramount, has been trying to close a merger with the Hollywood studio Skydance. President Trump’s lawsuit against CBS News is complicating matters.The New York Times - 6d -
Consumer Financial Protection Bureau drops lawsuits against Capital One and Berkshire, Rocket Cos. units
The moves are the latest sign of the abrupt shift at the agency since acting CFPB director Russell Vought took over this monthCNBC - 6d -
Sean ‘Diddy’ Combs Faces Four New Sex Abuse Lawsuits, Filed in One Day
The suits cite the Victims of Gender-Motivated Violence Protection Law, which opened a look-back window for alleged assaults and is expiring soon.The New York Times - 6d -
Jay-Z files a defamation lawsuit against the 'Jane Doe' who accused him of rape
Jay-Z filed a defamation lawsuit Monday against the woman who alleged in a now-withdrawn complaint that he and Sean Combs raped her when she was 13.NBC News - 3d -
ACC settling lawsuits provides short-term stability, but conference realignment still lingers down the road
The ACC clinched a big win on Tuesday, but the future isn't completely secure in the long termCBS Sports - 2d -
ACC settles Florida State, Clemson lawsuits: Revised revenue distribution, lowered exit fees among key details
The settlements provide some security for the conference in the short termCBS Sports - 2d -
CFPB drops lawsuit against JPMorgan Chase, Bank of America and Wells Fargo over Zelle fraud
Since Acting Director Russell Vought has taken over the CFPB, the agency has dropped at least a half dozen cases brought by his predecessor, Rohit Chopra.CNBC - 2d -
Supreme Court likely to shoot down Mexico's $10B lawsuit against US gun makers
The Supreme Court appears likely to block a historic $10 billion lawsuit against U.S. gun makers brought by the government of Mexico.ABC News - 2d -
Border Patrol slashed tires, detained legal residents in 'fishing expedition,' lawsuit alleges
An operation in Northern California led to arrests and removals of people regardless of citizenship or status, a recent lawsuit against Homeland Security and Border Patrol alleges.NBC News - 2d -
Supreme Court seems poised to block Mexico's lawsuit against U.S. gun manufacturers
There is only one store in Mexico where people can legally purchase firearms, but hundreds of thousands of guns are making it into the hands of cartel members each year. The Mexican government says ...CBS News - 2d -
Neil Gaiman asks US court to dismiss lawsuit alleging rape and sexual assault
The author’s motion to dismiss argued that the case should be heard in New Zealand, where the alleged abuse took place, and called accuser Scarlett Pavlovich ‘a fantasist’. Neil Gaiman has asked a ...The Guardian - 1d -
5 face wrongful death lawsuit after custody battle ends with two dead in cow pasture
The mother of a Kansas woman found dead in a chest freezer buried in an Oklahoma cow pasture filed a wrongful death lawsuit against the five people charged in her murder, which included the ...NBC News - 1d -
Ex-FEMA official who was fired over migrants staying in 'luxury' hotels files lawsuit
An ex-FEMA official who was fired over payments to New York City for housing migrants in what critics called "luxury hotels" has sued the Trump administration.ABC News - 1d -
MLB players' union, Bad Bunny agency agree to dismiss lawsuit over discipline
Bad Bunny’s sports representation firm and the Major League Baseball Players Association have filed an agreement to dismiss the union’s lawsuit over penalties imposed for making improper inducementsABC News - 6h -
GameStop CEO Ryan Cohen hikes his personal stake in Alibaba to $1 billion, WSJ says
Cohen's sizable stake in Alibaba is a bullish bet on China's economic growth in the long run, The Wall Street Journal said.CNBC - Feb. 20 -
Netflix Plans to Spend $1 Billion Making Content in Mexico Over the Next 4 Years
Netflix CEO Ted Sarandos says the money will go toward projects like Alfonso Cuarón’s film Roma, which was made in Mexico and went on to international acclaim.Wired - Feb. 20 -
Senate adopts $340 billion budget blueprint for Trump's agenda after marathon 'vote-a-rama'
The Republican-controlled Senate on Friday morning adopted a $340 billion budget blueprint designed to boost funding for President Donald Trump's immigration enforcement efforts, energy production ...NBC News - Feb. 21 -
IMAX CEO expects $1.2 billion in box office receipts this year, the best in the company's history
Aiding IMAX's lofty box office goals is the Chinese title "Ne Zha 2," which has already garnered $1.6 billion globally, including IMAX screenings.CNBC - Feb. 21 -
IMAX CEO expects $1.2 billion in box office receipts this year, the best in the company's history
An “embarrassment of riches” at the box office could fuel a $1.2 billion year for IMAX, CEO Rich Gelfond told CNBC on Friday.NBC News - Feb. 21 -
Crypto exchange Bybit suffers $1.4 billion hack. Here’s why it’s troubling for the industry.
The hack of Bybit is the latest incident in which the crypto industry has been targeted.MarketWatch - Feb. 21 -
Hackers steal $1.5 billion from exchange Bybit in biggest-ever crypto heist
Bybit, a major cryptocurrency exchange, has been hacked to the tune of $1.5 billion in digital assets, in what’s estimated to be the largest crypto heist in history.NBC News - Feb. 21 -
Hackers steal $1.5 billion from exchange Bybit in biggest-ever crypto heist
Bybit, a major cryptocurrency exchange, has been hit by the largest crypto heist in history.CNBC - Feb. 22 -
Newsom requests nearly $40 billion in disaster aid following Los Angeles wildfires
California Gov. Gavin Newsom (D) sent a letter to members of Congress requesting nearly $40 billion in funding to rebuild communities after wildfires devastated the Pacific Palisades and Altadena ...The Hill - Feb. 23 -
California Gov. Gavin Newsom asks Congress for nearly $40 billion for Los Angeles wildfire relief
SACRAMENTO, Calif. — California Gov. Gavin Newsom has asked Congress to approve nearly $40 billion in aid to help the Los Angeles area recover from January’s devastating wildfires, which he said ...NBC News - Feb. 23 -
Berkshire operating earnings surge 71% in fourth quarter, cash hoard balloons to record $334 billion
Berkshire Hathaway reported fourth-quarter results on Saturday. The company's Class A shares popped more than 25% in 2024.CNBC - Feb. 24 -
Forget Stargate. Apple now has its own $500 billion investment plan.
Apple is matching the amount of the Stargate AI joint venture — and building goodwill with the new administration in a familiar approach.MarketWatch - Feb. 24