McDonald's welcomes Disney executive Kareem Daniel to its board which brings the number of directors to 15.
As a global partner and the Bulls’ exclusive smartphone, the Chicago-based Motorola will also gain inventory across the Bulls’ digital assets and their United Center home.
The deal, according to the government, would raise sugar costs in the area because US Sugar and Imperial Sugar frequently compete for contracts with manufacturers
Geely buys a stake in Ashton Martin which is set to launch its new fully electric vehicle models in 2025.
Although its Tropicana melon taste juice product was labeled as 100 percent melon by Kirin Holdings, it contained only 2 percent melon juice.
Korean Air will receive SAF from Shell at major airports in the Asia-Pacific and the Middle East regions.
Big new incentives for clean energy aren't enough – the Inflation Reduction Act was just the first step, now the hard work begins
MLP will have 16 teams instead of 12 in 2023, and players will compete in six events spread over six cities for more than US$2 million.
The Boeing Company failed in this most basic obligation by misleading investors in providing assurances about the 737 MAX’s safety.
Employees of the banks habitually talked with coworkers, clients, and other third-party advisers about business concerns using personal messaging apps.
Apple and Amazon will no longer pay the $195M fine for their collusion case last year after the judge scrapped the penalty.
UCLA, Under Armour end lawsuits over lucrative sportswear deal
UCLA and Under Armour Inc. have dropped lawsuits against each other brought about by a reneged $280 million sports apparel deal in 2020.
A lawyer for the UC Regents, acting on behalf of UCLA, had asked Santa Monica Superior Court Judge H. Jay Ford III to dismiss all litigation "with prejudice," meaning it cannot be refiled.
Lawyers in the case told the judge during a June 2 hearing that settlement talks were in progress.
In September 2020, the UC Regents filed a lawsuit against Baltimore-based Under Armour, stating that Under Armour had informed UCLA that it was terminating the contract under a stipulation in the contract because of the coronavirus pandemic.
In rejecting Under Armour's request to have the case dismissed last August, the judge found that the business had not demonstrated that the relevant paragraph permitted their cancellation of the contract.
When the football team resumed playing in the fall of 2020, Under Armour continued to provide the apparel at UCLA's request.
In a countersuit filed on September 15, 2018, Under Armour claimed UCLA had broken the contract by refusing to offer marketing benefits while teams were unable to compete due to the pandemic-related suspension of college athletics in 2020. Using social justice patches to hide the company's branding on uniforms given to the university after the initial sponsorship deal was ended, according to Under Armour, UCLA breached a second agreement.
The Under Armour insignia on UCLA's football team's clothing was covered by a patch when the Bruins began to play to show their support for social justice causes.
In December 2020, UCLA made a new agreement with Nike's Jordan line official.
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