East Palestine residents concerned about train derailment settlement

East Palestine residents concerned about train derailment settlement

(NewsNation) — The deadline for East Palestine residents to opt into a $600 million class action settlement over last year’s train derailment is fast approaching.  Some residents of the Ohio village, though, are concerned that the agreement was rushed and that after legal fees and other considerations, the payouts will not be enough to help … Read more

Judge rejects $30 billion Visa, Mastercard ‘swipe fee’ settlement

Judge rejects  billion Visa, Mastercard ‘swipe fee’ settlement

(The Hill) – A federal judge Tuesday rejected a $30 billion antitrust settlement between Visa, Mastercard and a select group of retailers that was decried by the larger industry. Visa and Mastercard, which control a combined 80 percent of the credit card network market, agreed in March to limit interchange fees they charge retailers who … Read more

New York gets $44 million from Johnson & Johnson for baby powder

New York gets  million from Johnson & Johnson for baby powder

Updated: Jun 13, 2024 / 10:17 AM CDT ALBANY, N.Y. (NEXSTAR) — New York Attorney General Letitia James helped a coalition of attorneys general get $700 million from Johnson & Johnson for using talcum powder as an ingredient. The state will receive $44 million of that settlement, which stipulated that the pharmaceutical company cannot manufacture or sell talcum powder … Read more

Wall Street: Speedier Wall Street trades putting global finance on edge

Wall Street: Speedier Wall Street trades putting global finance on edge

New York: When US markets reopen next Tuesday after the long weekend, everything will likely seem normal. It’s only after the close and in the following days that any cracks are expected to appear. A spike in the number of failed trades, operational glitches and additional costs are among industry fears as the trading process … Read more

Gayatri Projects: Gayatri Projects promoters file plea against liquidation

Gayatri Projects: Gayatri Projects promoters file plea against liquidation

Mumbai: Promoters of distressed engineering, procurement and construction (EPC) company Gayatri Projects (GPL) made a nearly ₹750 crore offer to creditors seeking to settle dues worth ₹9,115 crore after banks filed for the company’s liquidation. However, a successful outcome is far from easy as any settlement with promoters under Section 12A of Insolvency and Bankruptcy … Read more

FPIs: Once Adani-heavy, 8 FPIs look to settle with Sebi

FPIs: Once Adani-heavy, 8 FPIs look to settle with Sebi

Mumbai: More than half a dozen foreign portfolio investors (FPIs) that owned substantial stakes in Adani Group firms are looking to settle securities violation matters with markets regulator Sebi, said people familiar with the matter. They have agreed to pay a certain amount as fines, the people said. The legal representatives of eight FPIs – … Read more

Federal government reaches $7M settlement with ?aqam First Nation in B.C.

Federal government reaches M settlement with ?aqam First Nation in B.C.

By Staff The Canadian Press Posted April 4, 2024 8:43 pm 1 min read Descrease article font size Increase article font size The federal government and a British Columbia First Nation have reached a $7-million settlement over a lumber grievance that dates back to 1942. Crown-Indigenous Relations Minister Gary Anandasangaree and ?aqam Chief Joe Pierre … Read more