Courts Financial News
05.06 / 21:21
UPS
Fighting
McDonald’s
Food
country
Courts
Big Mac battle: McDonald's loses European Union trademark fight with Irish rival Supermac's
A top European Union court ruled that McDonald’s has lost its Big Mac trademark in the 27-nation bloc, ruling in favor of Irish fast food rival Supermac’s in a long-running legal battle
05.06 / 20:53
UPS
FIVE
Fighting
Food
country
Courts
Battle for the Big Mac: McDonald's loses EU trademark fight against Irish rival Supermac's
judgment that the U.S. fast food giant failed to prove that it was genuinely using the Big Mac label over a five-year period for chicken sandwiches, poultry products or restaurants.The Big Mac is a hamburger made of two beef patties, cheese, lettuce, onions, pickles and Big Mac sauce.
05.06 / 20:09
Fighting
WhatsApp
Food
Justice
reports
Courts
rights
McDonald's loses trademark for EU? What does this mean?
McDonald's has suffered a setback in a legal case against Irish fast food chain Supermac's in a top EU court. As per the court ruling, henceforth McDonald's won't be able to term its chicken burgers "Big Mac" in EU, as per reports in agencies.
05.06 / 20:09
Aviat
Fighting
Airlines
WhatsApp
pandemic
Courts
SpiceJet plans to raise Rs 2,000 crore by August, increase capacity: Singh
SpiceJet is looking to raise Rs 2,000 crore by August, and plans to expand capacity by leasing aircraft, said Ajay Singh, chairman. The budget carrier had earlier raised `1,060 crore as part of a total fundraising plan of Rs 2,250 crore. However, it could not complete the fundraising plan as Mumbai-based businessman Harihara Mahapatra and his wife, Preeti Mahapatra, who were to invest Rs 1,100 crore, along with 63 other investors, pulled out.
05.06 / 19:35
05.06 / 12:49
CEO
Platform
Action
reports
prevention
Courts
rights
Byju's lenders kick off bankruptcy proceedings in the US over $1.2-billion term loan
Also read | Byju’s woes worsen as Rajnish Kumar, Mohandas Pai to step down from advisory panelIn February, a day after the company’s key investors initiated moves to oust co-founder and CEO Raveendran, Alpha Inc. filed for bankruptcy after defaulting on the debt of $1.2 billion.
05.06 / 10:55
Provident
Platform
WhatsApp
Instagram
Trade
information
Courts
Meta accused of withholding information from feds
Meta Platforms Inc. withheld information from federal regulators during their original reviews of the Instagram and WhatsApp acquisitions, the US Federal Trade Commission said in a court filing as part of a lawsuit seeking to break up the social networking giant.
05.06 / 04:43
markets
SEC
security
BlackRock
CBOE
Trade
Courts
New Texas stock exchange takes aim at New York’s dominance
A group backed by Wall Street heavyweights BlackRock and Citadel Securities is planning to start a new national stock exchange in Texas, aiming to take on what they see as onerous regulation at the New York Stock Exchange and Nasdaq. The Texas Stock Exchange, which has raised approximately $120 million from individuals and large investment firms, plans to file registration documents with the Securities and Exchange Commission later this year, CEO James Lee told The Wall Street Journal. The goal is to begin facilitating trades in 2025 and host its first listing in 2026.
05.06 / 02:29
markets
Election
Justice
recommendations
Courts
rights
Top Events of the Day: INDIA Bloc huddle in Delhi, RBI's MPC meeting, Union Cabinet meeting and more
Top Events of the Day: Leaders of the INDIA Bloc will meet in Delhi on Wednesday to plan their next steps after the recent Lok Sabha elections, signalling a potential shift in the political landscape. NCP chief Sharad Pawar highlighted the environment that is favourablefor transformation.Also Read | RBI not in a hurry to cut interest ratesThe Union Cabinet will meet on June 5 morning to take stock of the Lok Sabha election results and may recommend the dissolution of the current Lok Sabha.
04.06 / 21:31
04.06 / 19:57
FIVE
Election
social
Courts
rights
Sporting
rowing
Djokovic pulls out with knee injury, Sinner to be new no. 1
knee injury forced him out of the French Open on Tuesday. World No. 1 and 24-time Grand Slam winner Djokovic withdrew ahead of his quarter-final against Casper Ruud after a scan revealed a “medial meniscus tear” in his right knee.
04.06 / 18:47
UPS
Bill
Patterson
2020
Courts
Interviews
Investigations
Texts from ‘Randy’ raise questions about minister’s role at company while in office, Boissonnault denies
Text messages obtained by Global News raise questions about whether Employment MinisterRandy Boissonnault engaged with his former business partner on deals a year after he joined the federal cabinet, but Boissonnault denies that he’s the “Randy” referenced in the exchange.
04.06 / 16:47
CEO
Racing
President
Diversity
Equality
Courts
rights
A grant program for Black women business owners is discriminatory, appeals court rules
A U.S. federal court of appeals panel suspended a venture capital firm’s grant program for Black women business owners on Monday, ruling that a conservative group is likely to prevail in its lawsuit claiming that the program is discriminatory
04.06 / 16:47
Cooper
information
donates
Courts
Investigations
Epoch Times CFO is arrested and accused of role in $67M multinational money laundering scheme
The chief financial officer of The Epoch Times, a conservative multinational media company, has been indicted in a multi-year scheme to launder tens of millions of dollars in fraudulently obtained unemployment benefits and other funds
04.06 / 16:47
markets
Provident
Research
show
innovations
Features
Courts
Poppi faces lawsuit from consumer who questions its gut health claims
Popular soda brand Poppi is facing a class-action lawsuit filed by a consumer who says its products don’t improve gut health as much as their marketing suggests
04.06 / 16:47
Provident
Waters
Research
Courts
Investigations
Company that bred beagles for research pleads guilty to neglect, ordered to pay record $35M fine
A company that bred beagles for medical research has agreed to pay a record $35 million as part of a criminal plea admitting it neglected thousands of dogs at its breeding facility in rural Virginia
04.06 / 15:21
Provident
FIVE
Election
Opinion
stars
Courts
NCLT rejects JAL's claim of liquidity crunch due to delay in govt approvals, litigations
insolvency proceedings against Jaiprakash Associates Ltd (JAL), rejected the company's contention that it faced a liquidity crunch and defaulted on debt repayments mainly due to delays in government approvals and prolonged litigation concerning land acquisition for Yamuna Expressway and change in government policies. It has been held by the Supreme Court that if there is a debt and default in repayment of debt and application filed by a financial creditor under section 7 of Insolvency & Bankruptcy Code, then the insolvency plea is to be admitted, the NCLT's Allahabad bench said.
04.06 / 15:03
markets
Twitter
Action
Mobile
Instagram
reports
Courts
Samsung’s secret Galaxy Ring ‘plan’ leaked, court documents reveal launch timeline
Samsung has sued Finnish startup Oura to preempt potential intellectual property disputes ahead of the highly anticipated launch of the Galaxy Ring. The lawsuit, reported by The Verge, suggests that Oura’s history of aggressive patent enforcement against smaller wearable tech competitors could extend to Samsung, in the near future.
04.06 / 13:33
Provident
country
reports
Courts
Investigations
International
U.S. ignored evidence major U.K. bank was helping fund sanctioned Iranian groups, whistleblower says
Recent documents submitted to a U.S. federal court allege that major British bank Standard Chartered helped finance sanctioned Iranian entities and terrorist groups, and that relevant evidence was ignored by American authorities.
04.06 / 13:23
COST
Platform
Action
track
information
Courts
Rule breaking nonbanks to be listed on new public register
The Consumer Financial Protection Bureau has announced a new public registry to help identify repeat offenders among nonbanks and other financial firms.
04.06 / 13:23
Hollywood
CEO
Justice
reports
Department
Courts
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TD facing new allegations in Florida, Bloomberg reports
by Tom Schoenberg and Christine Dobby
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