Litigation
Top News
Airbnb Inc on Thursday filed a lawsuit against New York City over a new law it called a "de facto ban" against short-term rentals set to go into effect in July, which the company says will limit the number of people who can host rentals in the city.
TikTok banned in Montana
- TikTok sues Montana after state bans appLegal ·
May 23, 2023 TikTok Inc on Monday filed a lawsuit challenging the state of Montana's new ban on use of the Chinese-owned app, the first state to bar the popular short-video sharing service.
Talking Points
- BusinessGenesisCare files for bankruptcy in Texas, seeks to sell US business
Cancer treatment company GenesisCare filed for U.S. bankruptcy protection in Texas on Thursday, seeking to sell its U.S. business and refocus on its operations in Australia, Spain and the U.K.
- Mergers & AcquisitionsFranklin Templeton to buy Putnam Investments from Great-West Lifeco for $925 million
Franklin Resources Inc , a global investment management firm that operates as Franklin Templeton, plans to acquire asset manager Putnam Investments from Great-West LifeCo Inc in a nearly $925 million deal.
- BusinessUS agency steps up safety probe into air bag ruptures
U.S. auto safety regulators have stepped up a long-running investigation into potentially defective air bag inflators that can cause metal fragments to strike vehicle occupants, saying it required auto supplier ARC Automotive Inc to answer questions.
