Tag Archives: faces

DraftKings faces nationwide class action over Predictions platform legality dispute intensifies

DraftKings faces nationwide class action over Predictions platform legality dispute intensifies Suswati Basu DraftKings is facing a proposed nationwide class action accusing the company of running an illegal online sports betting business through its DraftKings Predictions platform in states where traditional online sportsbooks are still prohibited. The complaint, filed July 28 in the … Continue reading DraftKings faces nationwide class action over Predictions platform legality dispute intensifies →

Congress faces heated debate over sports prediction markets federal gambling regulatory authority

Sports Betting Regulations

Congress faces heated debate over sports prediction markets federal gambling regulatory authority Suswati Basu News Editor Congress is set to hear sharply conflicting testimony Tuesday (July 21) over who should regulate sports prediction markets and whether Congress should step in to redefine them as gambling instead of federally regulated financial products. The committee is … Continue reading Congress faces heated debate over sports prediction markets federal gambling regulatory authority →

Caesars faces new lawsuit after second alleged data security breach claims

Data Security

Caesars faces new lawsuit after second alleged data security breach claims Suswati Basu Caesars Entertainment is now facing a proposed federal class action that says the casino and hotel company failed to protect customer information during a second cyber incident, coming after its widely reported 2023 breach. The case was filed in Nevada … Continue reading Caesars faces new lawsuit after second alleged data security breach claims →

Wynn Resorts faces federal class action over alleged massive data breach

Security Breaches

Wynn Resorts faces federal class action over alleged massive data breach Suswati Basu One of Las Vegas’ biggest casino operators is now facing a sweeping federal class action after hackers claimed they made off with a massive trove of customer data. In a lawsuit filed in U.S. District Court in Las Vegas and … Continue reading Wynn Resorts faces federal class action over alleged massive data breach →

Kalshi faces class-action lawsuit over ‘deceptive’ claims denying gambling platform status

Sports Business

Kalshi faces class-action lawsuit over ‘deceptive’ claims denying gambling platform status Joel Loynds Suswati Basu A group of regular Kalshi users, some of whom are self-professed addicts, have filed a class-action lawsuit against the prediction market over its claims that it is not a betting platform. Alexander Hallman, Jeremy Kravetz, Daniel Greenberg, … Continue reading Kalshi faces class-action lawsuit over ‘deceptive’ claims denying gambling platform status →

Shein faces probe in Italy over alleged greenwashing

Retail Industry

September 26, 2024 Shein faces probe in Italy over alleged greenwashing Under European Union anti-greenwashing regulations that came into force this year, companies are banned from making vague environmental claims about their products. BY Reuters Italy’s antitrust agency has launched an investigation into a Dublin-based company that operates Shein‘s website and app over possibly misleading environmental … Continue reading Shein faces probe in Italy over alleged greenwashing →

Amazon faces nearly $6 million in fines over California labor law violations

Amazon Under Legal

Amazon faces nearly $6 million in fines over California labor law violations The company failed to properly notify its warehouse workers about their expected quotas. anna washenko Updated Wed, Jun 19, 2024 ASSOCIATED PRESS The California Labor Commissioner’s office has fined Amazon $5,901,700 for infractions related to a law designed to protect warehouse … Continue reading Amazon faces nearly $6 million in fines over California labor law violations →

EPA’s ‘forever chemicals’ drinking-water rule faces fresh legal challenges

Legal Battles

June 11, 2024 EPA’s ‘forever chemicals’ drinking-water rule faces fresh legal challenges The groups said the rule exceeds the EPA’s authority under the federal Safe Drinking Water Act, a 1974 law empowering the agency to pass water-quality regulations. BY Reuters U.S. manufacturing and chemical industry groups have filed a lawsuit seeking to block a federal rule … Continue reading EPA’s ‘forever chemicals’ drinking-water rule faces fresh legal challenges →

Today’s top business headlines: Spotify adds users, Boeing faces new pressures, and Adam Neumann eyes a WeWork comeback

Spotify

By Kelly Cloonan February 07, 2024 Spotify’s posts subscriber growth: Spotify reported a 23% rise in monthly active users in the fourth quarter, which now total 602 million, just ahead of analysts’ expectations of 601.33 million. The rise, announced Tuesday, comes after the company raised subscriber prices and cut thousands of employees in a … Continue reading Today’s top business headlines: Spotify adds users, Boeing faces new pressures, and Adam Neumann eyes a WeWork comeback →

3 blunt things Black people want their white coworkers to know, but won’t say to their faces

Workplace Diversity

By Fatimah Gilliam February 02, 2024 I believe it is time to lift the veil on a workplace reality some white leaders, managers, and employees may find surprising. Many white people aren’t on nearly as good and friendly terms with some of the Black people they work with as they might think. In … Continue reading 3 blunt things Black people want their white coworkers to know, but won’t say to their faces →