Product liability law helps to keep consumers safe from products that have design defects, manufacturing defects, or don’t provide sufficient warnings. When a company realizes that a product it provides to consumers has a defect, it usually issues a recall.The realization can occur after people have already been injured by……
WASHINGTON (Reuters) – A leading U.S. House of Representatives member has privately urged banks to push Senate Democrats to agree to further easing of financial rules in a bid to end a stalemate over the first rewrite of regulations since the 2007-2009 financial crisis, sources said on Tuesday.
(Reuters) – Endo International Plc and two other companies have agreed to pay $270.8 million to resolve class action lawsuits alleging Endo paid a generic drug manufacturer to delay launching a cheaper version of its Lidoderm painkiller patch.
SAN FRANCISCO (Reuters) – Facebook Inc Chief Executive Mark Zuckerberg apologized on Wednesday for mistakes his company made in how it handled data belonging to 50 million of its users and promised tougher steps to restrict developers’ access to such information.
NEW YORK (Reuters) – A female executive at Steven A. Cohen’s Point72 Asset Management LP on Wednesday urged a federal judge to reject the billionaire’s effort to move her claims of “pervasive” sexism at the hedge fund firm into arbitration.
WASHINGTON (Reuters) – The U.S. Senate voted 94-2 on Monday to advance legislation to make it easier to penalize operators of websites that facilitate online sex trafficking, setting up final passage of a bill as soon as Tuesday that would chip away at a bedrock legal shield for the technology industry.
NEW YORK (Reuters) – A U.S. judge on Monday rejected BlackBerry Ltd’s request to dismiss a lawsuit claiming it inflated its stock price and defrauded shareholders by painting a misleadingly positive picture of sales prospects for its BlackBerry 10 smartphones.
SAN FRANCISCO (Reuters) – Uber Technologies Inc should be classified as the same type of transportation as limousines and tour buses, a California regulator said on Monday in a proposal that could change how the ride-hailing company is regulated in its home state.
(Reuters) – Mississippi’s governor signed into law on Monday the most restrictive abortion measure in the United States, which was immediately challenged in court by abortion rights advocates who say it is unconstitutional.
(Reuters) – Cloud storage company Dropbox Inc’s initial public offering was oversubscribed, two people familiar with the matter said on Monday, indicating healthy demand for the first big tech IPO this year even as tech stocks opened the week on sour note.