Amazon backs proposed Calif. product liability law for online sellers (with conditions)

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Amazon backs proposed Calif. product liability law for online sellers (with conditions)

(Reuters) – Less than two weeks after a California appeals court ruled in Bolger v. Amazon that the online retail leviathan can be liable for defective products sold on its site, Amazon issued a surprise announcement this weekend: It offered conditional support …
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Brian Chappatta on Fake-Out in Real Yields (Podcast)

Bloomberg Opinion columnist Brian Chappatta presents a column explaining why the sharp decline in U.S. real yields is something of a fake-out, with
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US to charge Teva in generic drugs price-fixing probe: source

(Reuters) – The U.S. Justice Department is preparing to charge Teva Pharmaceutical Industries Ltd (TEVA.TA) with conspiring with competitors to raise prices for generic drugs, according to a person familiar with the matter. The decision follows Teva’s refusal …
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J.Crew Wins Approval to Exit Chapter 11 Bankruptcy

Apparel retailer J.Crew Group Inc. has won approval for its plan to emerge from bankruptcy with a deal cutting its debt and handing ownership to a group of its lenders led by hedge fund Anchorage Capital Group LLC. Judge Kevin Phillips of the U.S. …
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Airport security saves wedding dress left behind at checkpoint

Whatever can go wrong will go wrong — especially the day before a wedding. A New Jersey family is praising airport security employees after the bride’s mother boarded a flight to Columbus, Ohio, but left behind the wedding dress and her own gown at the …
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