LEGAL

Musk begins his Twitter ownership with firings, declares the 'bird is free'

Musk begins his Twitter ownership with firings, declares the ‘bird is free’

Musk says the “bird is free” after the $44 billion deal Musk fires Twitter CEO, CFO, policy chief Some Twitter users flag willingness to walk away Poll shows employee job concerns EU warns: “This bird will fly by our rules” Oct 28 (Reuters) – Elon Musk has taken ownership of Twitter Inc (TWTR.N) with brutal …

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Exclusive: Tesla faces US criminal probe over self-driving claims

Exclusive: Tesla faces US criminal probe over self-driving claims

Oct 25 – Tesla Inc (TSLA.O) is under criminal investigation in the United States over claims that the company’s electric vehicles can drive themselves, three people familiar with the matter said. The US Department of Justice launched the previously undisclosed probe last year following more than a dozen crashes, some of them fatal, involving Tesla’s …

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Exclusive: Twitter is losing its most active users, internal documents show

Exclusive: Twitter is losing its most active users, internal documents show

Oct 25 (Reuters) – “Is Twitter dying?” billionaire Elon Musk mused in April, five days before offering to buy the social media platform. The reality, according to internal Twitter (TWTR.N) research seen by Reuters, goes far beyond the handful of examples of celebrities ghosting their own accounts. Twitter is struggling to keep its most active …

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Twitch Star Amouranth Says 'I'm Free,' Is Seeking 'Legal And Emotional Counsel'

Twitch Star Amouranth Says ‘I’m Free,’ Is Seeking ‘Legal And Emotional Counsel’

Screenshots: Twitch Streamer and content creator Kaitlyn Siragusa, aka Amouranth, has recorded her first video since she first revealed on Sunday that she was in an abusive relationship with her husband. The video was to update fans on what has been happening, adding that she’s “happy that I’m free.“ Content warning: abuse “I want to …

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More US companies charging employees for job training if they quit

More US companies charging employees for job training if they quit

WASHINGTON, Oct 17 (Reuters) – When a Washington state beauty salon charged Simran Bal $1,900 for training after she quit, she was shocked. Not only was Bal a licensed esthetician with no need for instruction, she argued that the trainings were specific to the shop and low quality. Bal’s story mirrors that of dozens of …

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Credit Suisse pays $495 million to settle legacy US case

Credit Suisse pays $495 million to settle legacy US case

Settlement ends bank’s largest outstanding RMBS case Credit Suisse says settlement is fully covered by provisions The bank still has five cases to resolve Expects to resolve outstanding cases in next six months ZURICH, Oct 17 (Reuters) – Credit Suisse (CSGN.S) has agreed to pay $495 million to settle a case related to mortgage-linked investments …

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Former WSJ reporter says law firm used Indian hackers to sabotage his career

Former WSJ reporter says law firm used Indian hackers to sabotage his career

WASHINGTON, Oct 15 (Reuters) – A former Wall Street Journal reporter is accusing a major US law firm of having used mercenary hackers to oust him from his job and ruin his reputation. In a lawsuit filed late Friday, Jay Solomon, the Journal’s former chief foreign correspondent, said Philadelphia-based Dechert LLP worked with hackers from …

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US grocer Kroger carts away Albertsons for $25 a month but faces antitrust test

US grocer Kroger carts away Albertsons for $25 a month but faces antitrust test

Oct 14 (Reuters) – Kroger Co ( KR.N ) snapped up Albertsons Cos Inc ( ACI.N ) in a $25 billion deal on Friday, creating a US grocery behemoth to better compete with leader Walmart Inc ( WMT.N ) on prices while bracing for potential antitrust roadblocks. The mega merger between the No. 1 and …

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