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He was trying to escape the deadliest American wildfire in more than a century, an inferno fueled by powerful winds from a faraway hurricane and barely hindered by the state's weak defenses against natural disasters. Her father survived. But for Kaliko, 13, the destruction of the past week has reinforced her commitment to a cause that is coming to define her generation.

Around two months after the US Securities and Exchange Commission (SEC) filed lawsuits against major exchanges Binance.US and Coinbase, targeting 19 cryptocurrencies that were designated as unregistered securities, the same tokens are showing signs of recovery.

Investing.com -- Shares in Archer Aviation (NYSE:ACHR) rose on Friday after the air taxi group announced that it had settled litigation with jet maker Boeing (NYSE:BA) and its Wisk Aero division.

By David Shepardson

A New York judge has dismissed lawsuits filed by Airbnb and three hosts over New York City’s rules for short-term rentals, saying the restrictions are “entirely rational.”

A New York judge has dismissed lawsuits filed by Airbnb and three hosts over New York City’s rules for short-term rentals, saying the restrictions are “entirely rational.”

Also read: Johnson & Johnson proposes nearly $9 billion settlement of talc cancer claims This time, lawyers for victims argued that J&J reduced the maximum amount of money it devoted to settling the cancer claims. Potential pay-outs in the first bankruptcy would have been backed by a J&J unit was worth about $61.5 billion at the time.

U.S. Bankruptcy Judge Michael Kaplan in Trenton, New Jersey, ruled that a J&J company's second bankruptcy, like its first, must be dismissed because the talc lawsuits did not put it in immediate «financial distress.» «In sum, this Court smells smoke, but does not see the fire,» Kaplan wrote, referring to the J&J unit LTL. «Therefore, the emphasis on certainty and immediacy of financial distress closes the door of chapter 11 to LTL at this juncture.» J&J said on Friday that it would appeal Kaplan's decision, and said it would vigorously defend itself against lawsuits that are «specious and lack scientific merit.» J&J's first bankruptcy gambit began in 2021, when it offloaded its talc liabilities into a new company, LTL Management, and immediately placed that company into bankruptcy.

By Dietrich Knauth

₹469 crore in remaining subsidies. The companies willing to return the subsidy amount are electric two-wheeler motorcycle manufacturer Revolt ( ₹24 crore) and Noida-based e-scooter manufacturer Amo Mobility ( ₹83 lakhs). The allegations against the seven original equipment manufacturers (OEMs) are that they flouted the phased manufacturing plan rules laid down in the FAME-II incentive scheme.

Elon Musk has always managed to show her liking for the alphabet ‘X’. However, this time, Musk's obsession for ‘X’ can bring him at the centre of several lawsuits.  According to experts, companies including Meta and Microsoft already have intellectual property rights to the same letter. Moreover, the alphabet ‘X’ is so widely used and cited in trademarks that it would be rare for Twitter if it managed to transform into ‘X’ without any legal complications.  "There's a 100% chance that Twitter is going to get sued over this by somebody," trademark attorney Josh Gerben told Reuter's Blake Brittain.

A tangle of litigation could delay the start of New Jersey’s first offshore wind energy project

OpenAI, accusing them of using their content without permission to train artificial intelligence language models. The class action lawsuits were filed in the federal court of San Francisco on Friday. Silverman, Kadrey, and Golden claim that Facebook's parent company Meta and ChatGPT maker OpenAI, which is supported by Microsoft Corp, utilized copyrighted material from their books to train chatbots.

An engineering company accused of partial responsibility for Flint’s lead-contaminated water in 2014 and 2015 has agreed to settle lawsuits brought by residents of the Michigan city

The combined spot and derivatives trading volume on centralized exchanges (CEXs) climbed 14.2% in June to $2.71 trillion, according to CCData's monthly exchange report. Binance, Binance.US, and Coinbase all saw their market share decline in the past month.

Members of the United States House Financial Services Committees met to discuss clarity for the digital asset ecosystem, with some invoking recent legal action from the Securities and Exchange Commission (SEC) against crypto firms.

With the rapid evolution and increasing adoption of cryptocurrencies, the need for regulatory clarity has become paramount. U.S. Senator Cynthia Lummis has said that her efforts to push for a positive regulatory framework are still in motion. 

In an unfolding legal battle against two major cryptocurrency exchanges, Coinbase and Binance, the United States Securities and Exchange Commission (SEC) has declared various tokens as securities. These tokens include SOL, ADA, MATIC, FIL, SAND, AXS, CHZ, FLOW, ICP, NEAR, VGX, DASH, and NEXO in the case against Coinbase. For Binance, the list features SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS, and COTI.

Cryptocurrency and stock trading app Robinhood announced it will be ending support for Cardano, Polygon and Solana — all tokens labeled as unregistered securities by the United States Securities and Exchange Commission (SEC) in its recent legal actions against crypto exchanges Binance and Coinbase. 

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.

The Solana network’s native token SOL is “not a security,” despite the Securities and Exchange Commission (SEC) claiming otherwise, the Solana Foundation has said.