Uber has agreed to pay $100 million and apply policy changes to settle with lawsuits filed by its drivers. The settlement will affect 385,000 drivers in Massachusetts and California that are represented in the cases.
Teamsters labor union, which represent 16,000 workers of Costco Wholesale Corp., recommended its members to approve new contract. Costco provide its employees with a 401(k) pension plan in the new contract agreement.
Hundreds of residents in Los Angeles have filed claims against governors and state agencies, seeking 3.5 million in damages for gas blowout. While more than 3,000 claims are waiting to be filed.
New York federal judge has cleared a way for Pacific Investment Management Co. to pursue lawsuit against AIG in California. Meanwhile, Pimco also faced another legal battle with former co-founder Bill Gross.
