Industry News
The manager of the cargo ship that caused the collapse of Baltimore’s Key Bridge in March 2024 should be denied the protections of a federal maritime law it seeks to invoke because it is not the owner of the ship, …
Via: Claims Journal
The U.S. Federal Trade Commission plans to study the harms to children and others of AI-powered chatbots like those offered by OpenAI, Alphabet Inc.’s Google and Meta Platforms Inc., according to people familiar with the matter. The study will focus …
Via: Claims Journal
Alphabet’s Google was hit with a 2.95-billion-euro ($3.45 billion) EU antitrust fine on Friday for anti-competitive practices in its lucrative adtech business, a sharp sanction against the firm that could rile up U.S. President Donald Trump. The fine, the fourth …
Via: Claims Journal
Canada is delaying a plan to force automakers to hit minimum sales levels for electric vehicles by 2026, a concession to manufacturers in a sector upended by tariffs.
Via: Claims Journal
About 450 people at Hyundai Motor Co.’s $7.6 billion Georgia facility were detained following an investigation into employment practices, causing a halt in construction of a nearby factory that will make batteries for electric vehicles. The apprehension of the workers, …
Via: Claims Journal
Units of Citigroup Inc. and UBS AG were among several firms that agreed to pay a total of $8.3 million to settle U.S. Commodity Futures Trading Commission claims over compliance-related violations including recordkeeping and reporting lapses, the derivatives regulator said. …
Via: Claims Journal