Tag Archives: Legal

Last week, the CEO of real estate company Redfin, Glenn Kelman, announced the company was laying off 8% of its employees in an email, saying that demand for the company’s realtor services had fallen 17% below expectations in May. “We don’t have enough work for our agents and support staff, and fewer sales leaves us with less money for headquarters projects,” Kelman wrote in the email announcing the layoffs on June 14. The layoffs at Redfin and another real estate company, Compass, on… Source link

This holiday-shortened week, Yahoo Finance is tracking three major legal stories: the Supreme Court’s impending decision on whether to overturn Roe v. Wade; Apple’s response to a historic labor union vote; and Tesla CEO Elon Musk’s ongoing feud with the U.S. Securities and Exchange Commission. Here’s more on these three stories: Will the Supreme Court overturn Roe v. Wade? The case is slated to determine whether the U.S. will continue to guarantee a Constitutional right to elective abortion,… Source link

(Warning: This story contains allegations of sexual misconduct.) HOUSTON — As the depositions in the Deshaun Watson case continue to unfold, the trenches being dug by each legal camp are becoming more defined. Few exchanges may have been more revealing than last week’s lengthy questioning of Houston Police Department detective Kamesha Baker, whose 230-page deposition has been obtained by Yahoo Sports. Baker is one of two officers previously assigned to investigate 10 criminal complaints… Source link

Although the House’s recent approval of the MORE Act offered marijuana advocates a glimmer of hope for federal legalization, the Senate appears to be obstinate as ever on the issue. That isn’t stopping Tilray Brands (TLRY), a top cannabis producer in Canada, from making plans for the U.S. market. “By 2030, it’s a $100 billion business out there,” Tilray Brands CEO Irwin Simon said on Yahoo Finance Live (video above). “And even if it didn’t go legal, it’s still a good-sized business. Consumers… Source link

(Bloomberg) — Apple Inc. and Meta Platforms Inc., the parent company of Facebook, provided customer data to hackers who masqueraded as law enforcement officials, according to three people with knowledge of the matter. Most Read from Bloomberg Apple and Meta provided basic subscriber details, such as a customer’s address, phone number and IP address, in mid-2021 in response to the forged “emergency data requests.” Normally, such requests are only provided with a search warrant or… Source link

The possessions of Russian oligarchs — yachts, planes, homes, cars, and cash — subject to “seizure” under White House sanctions, are in a state of legal limbo that requires U.S. people, and not the U.S. government, to temporarily manage them. “The burden, effectively, is sitting with the person who’s holding that blocked property,” Dave Johnson, a sanctions law expert and partner with Vinson & Elkins, told Yahoo Finance. “To set it aside, and then deal with it in a way that’s… Source link

WASHINGTON— Alphabet Inc.’s Google should be forced to turn over internal emails that it has withheld or redacted in the antitrust case filed against it by state and federal governments, the Justice Department said Monday. In a filing in U.S. District Court, the Justice Department said that Google improperly invoked legal privilege to shield sensitive internal communications, a practice it said has gone on for years. Source link

WASHINGTON— Alphabet Inc.’s GOOG -0.24% Google should be forced to turn over internal emails that it has withheld or redacted in the antitrust case filed against it by state and federal governments, the Justice Department said Monday. In a filing in U.S. District Court, the Justice Department said that Google improperly invoked legal privilege to shield sensitive internal communications, a practice it said has gone on for years. “For… Source link

The popular Vanced YouTube app is being discontinued, after a legal threat from Google. The creators of Vanced have revealed the project will be shut down in the coming days, with download links set to be removed. While the app will continue to work for anyone who currently has it installed on Android, without any future updates it’s likely to stop working at some point soon. The Vanced owners say they’ve had to discontinue the project “due to legal reasons.” Google sent the… Source link

Two key steps in the criminal investigation into Houston Texans quarterback Deshaun Watson are scheduled to unfold Friday, attorneys in the case told Yahoo Sports. Watson is slated for his first deposition in the sexual misconduct civil lawsuits brought against him, with the quarterback’s legal camp preparing him to plead the Fifth in testimony. It’s happening just as the Harris County District Attorney’s Office begins presenting evidence to a Houston grand jury in Watson’s criminal… Source link