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Yahoo FinanceH&M settles with New York State over hoarding of consumer gift card funds
H&M gift card holders can now recoup long-unused card balances after the fashion retailer entered a settlement over allegations that it illegally stockpiled millions of dollars in customer funds.
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Where's the beef? McDonald's, Wendy's hit with 'deceptive ads' lawsuit
A new federal lawsuit from a McDonald’s and Wendy’s customer claims the two fast food chains are falsely advertising the size of their beef patties and sandwich toppings.
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Big tech is fighting a new Texas law targeting social media — here's what happens next
As a controversial new social media law went into effect Wednesday in Texas, the Supreme Court is weighing Big Tech’s emergency request to put it on hold as they fight it in court.
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Elon Musk invited legal scrutiny by tweeting out his doubts about a $44 billion Twitter bid
Tesla (TSLA) CEO Elon Musk’s early Friday morning tweet proclaiming his $44 billion bid to buy Twitter (TWTR) is on hold may violate laws meant to protect public markets from manipulation, experts say.
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America's biggest companies with female CEOs have little to say on abortion rights
Most of the country’s top female-led companies have little, if nothing right now, to say about the possibility that within a month or so, women in at least nine U.S. states could lose their right to obtain an abortion.
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Elon Musk's vision for Twitter and the First Amendment: 'What should be done?’
Tesla (TSLA) CEO Elon Musk's pending bid to privatize Twitter (TWTR) — one of social media’s most controversial forums — presents the issue of First Amendment protections in the internet era in a new way.
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From Amazon to Yelp: The companies taking a stand on reproductive rights
As the country awaits the Supreme Court's decision about whether to overturn Roe v. Wade, prominent companies have already taken political and financial stands against the erosion of reproductive rights.
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Musk's $44B Twitter bid still faces these legal hurdles
Elon Musk has several hurdles to clear before his $44 billion bid for Twitter (TWTR) makes it past the finish line. And the costs to acquire the social media company could escalate as shareholders weigh in.
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Biden administration probably won't challenge mask ruling, experts say
U.S. airlines and the Federal Aviation Administration on Monday took just hours to announce that they’d stop enforcing a federal transportation mask mandate.
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Elon Musk's $43 billion bid for Twitter lacks 'legal clout,' experts say
Tesla CEO Elon Musk’s unsolicited bid to buy Twitter (TWTR) for $43 billion, disclosed Thursday, isn’t a traditional takeover offer — so much so, that it may not be a serious or legally binding one.
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Elon Musk 'profited $150 million against the backs of common shareholders,' lawyer says
A lawyer suing Elon Musk on behalf of former Twitter shareholders says the Tesla CEO illegally made at least $150 million by delaying his disclosure of a 9.2% stake in the social media company.
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Metaverse without regulation would be a 'very scary prospect,' experts warn
The absence of rules to police the metaverse could hurt consumers in the same way they've been hurt in other online platforms, critics warn.
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Controversial SEC proposal would rein in large shareholders like Elon Musk
Tesla CEO Elon Musk’s disclosure on Monday that he acquired a 9.2% stake in Twitter (TWTR) represents just the type of surprise for investors that U.S. regulators may soon curtail.
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How Tesla CEO Elon Musk's Twitter stake could affect his legal battles with SEC
Elon Musk’s ongoing disputes with the U.S. Securities and Exchange Commission (SEC) over Twitter posts became more convoluted this week.
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Burger King Whopper lawsuit all about size
A group of Burger King customers have cooked up a new federal lawsuit, alleging that its real-life sandwiches look nothing like its advertised versions.
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Russian oligarchs' 'seized' assets are in legal limbo in the US
The possessions of Russian oligarchs — yachts, planes, homes, cars, and cash — subject to “seizure” under White House sanctions, are in a state of legal limbo that requires U.S. people, and not the U.S. government, to temporarily manage them.
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Elizabeth Holmes' co-defendant Balwani starts his criminal case at a 'deficit'
It’s no surprise that Elizabeth Holmes’ co-defendant and former boyfriend, Ramesh “Sunny” Balwani, came out swinging against her Tuesday in opening statements to his criminal fraud trial, defense lawyers say.
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McDonald's, Starbucks, and others have no recourse for stolen trademarks in Russia
Russia’s recently upended intellectual property laws are exposing foreign companies to infringement that’s, for now, without a legal remedy.
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Ukraine v. Russia: Court ruling against Putin could 'undermine his power'
The International Court of Justice will address Ukraine’s allegations on Wednesday that Russia concocted false claims of genocide to justify waging war on the former member of the Soviet Union.
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American companies 'can't do much' if Russia seizes their assets
The whims of the Russian government could determine the fate of U.S. assets in Russia.
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