Category: Corporations

Investor Lawsuit Against Elon Musk and Tesla Goes to a Jury

The New York Times – Business:
The case centers on whether investors lost money because they believed Mr. Musk’s social media posts about taking Tesla private in 2018.
U.S. Accuses Google of Abusing Monopoly in Ad Technology

The New York Times – Business:
The Justice Department’s antitrust lawsuit, which a group of states joined, was the fifth against the company since 2020.
Elon Musk Says Saudi Fund Wanted to Take Tesla Private

The New York Times – Business:
Mr. Musk is testifying in a lawsuit filed by investors who claim that his statements about a plan to take Tesla private in 2018 caused them to lose billions of dollars.
How the Corporate Cafeteria Is Changing

The New York Times – Business:
Even as the sprawling dining halls of old struggle with emptier workplaces, food is still important to employees, particularly the young. Many companies are reinventing the company meal.
Supreme Court Poised to Reconsider Key Tenets of Online Speech

The New York Times – Business:
The cases could significantly affect the power and responsibilities of social media platforms.
Elon Musk Faces Trial Over His 2018 Plan to Take Tesla Private

The New York Times – Business:
Investors are seeking billions of dollars in damages for their losses after Mr. Musk posted a proposal on Twitter that never materialized.
Just How Common Is Corporate Fraud?

The New York Times – Business:
A new study estimates that on average 10 percent of public companies commit securities fraud each year.
Investors Look to Corporate Reports With Low Expectations

The New York Times – Business:
As companies prepare to publish their latest financial results, Wall Street forecasters expect profits to fall for the first time since the early days of the pandemic.
French Food Giant Danone Sued Over Plastic Use Under Landmark Law

The New York Times – Business:
Environmental groups are relying on a law in France requiring large companies to address their environmental footprint.
BlackRock’s Pitch for Socially Conscious Investing Antagonizes All Sides

The New York Times – Business:
Right-wing officials are attacking BlackRock for overstepping. Those on the left say the world’s biggest asset manager is not doing enough.
Lina Khan, Aiming to Block Microsoft’s Activision Deal, Faces a Challenge

The New York Times – Business:
Ms. Khan, the chair of the Federal Trade Commission, has staked an ambitious trustbusting agenda on a case that may be difficult to win.
Two Women Sue Apple Over AirTag Stalking

The New York Times – Business:
One woman found an AirTag tracking device in the wheel well of her car and a second woman found an AirTag in her child’s backpack, the lawsuit said.