US trustee in J&J bankruptcy case balks at lawyer's $2,465 hourly rate
May 24, 2022 23:50 pm UTC| Law Economy Business
The US is objecting to a Johnson Johnson subsidiary LTL Management LLCs bid to add Neal Katyal to its legal team for its bankruptcy case due to the latters hourly rate of $2,465. The case is being utilized by Johnson ...
May 23, 2022 13:17 pm UTC| Law
U.S. President Joe Biden on May 18, 2022, announced he is invoking the Defense Production Act to help end the shortage of baby formula stressing out parents nationwide. He said he will direct suppliers of baby formula...
Texas sues Google for collecting data of users in private browsing' mode
May 20, 2022 23:48 pm UTC| Law Economy Business
Texas Attorney General Ken Paxton claimed that the Google search engine collects data on those who use a private browsing mode, according to the amended privacy lawsuit it filed against the Alphabet Inc. unit. Other...
Kraft Heinz, Mondelēz agree to pay $16 million fine for grain trading
May 19, 2022 22:36 pm UTC| Law Economy Business
Mondelēz International and Kraft Heinz have reached a settlement with the US Commodity Futures Trading Commission (CFTC) that was approved by a federal judge to pay a $16 million fine to resolve grain futures manipulation...
Court rules COVID restrictions for Tokyo restaurant chain illegal
May 17, 2022 23:22 pm UTC| Health Law Economy Business
A Japanese court ruled that an order for restaurant chain operator Global-Dining Inc. to reduce business hours amid the coronavirus pandemic was illegal, as it did not fulfill certain conditions. Presiding Judge...
Prosecutors dismiss complaints against legal counseling app Law Talk
May 13, 2022 23:42 pm UTC| Law Economy Business
The Seoul Central District Prosecutors Office dismissed accusations that the app LawTalk and its operator Law Company Co. violated the Attorney-at-law Act and the Privacy Act as it is provided for free. The app does...
Tinder owner sues Google to avoid 30% app store charges
May 09, 2022 23:56 pm UTC| Economy Business Law
Match Group Inc. sued Google on what it calls the last resort to prevent Tinder and its other apps from being removed from the Play store for refusing to share up to 30 percent of their sales. The dating apps makers...
Bank holidays: how a day off work affects the economy