Giants

Oil Giants Invoke Free Speech to Combat Climate Change Legal Challenges

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In California, major oil companies are mounting a defense against climate change lawsuits by invoking free speech rights. Energy giants including ExxonMobil and Chevron argue that they are protected by the First Amendment in their communications regarding climate science and policy. These lawsuits, filed by several municipalities, allege that the companies misled the public about the impact of fossil fuels on climate change and have failed to take responsibility for environmental damage. The cases assert that misleading information contributed to global warming and increased costs related to disaster recovery and infrastructure improvements. As the legal … Read more

Judge Dials Down Baltimore’s $266 Million Opioid Verdict Against Drug Giants, Reducing It to $52 Million Amid Fallout

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Baltimore, Maryland — A judge has ruled that jurors overstepped by awarding the city an excessive sum in a recent verdict against two major drug distributors, McKesson and AmerisourceBergen. The decision follows a November trial where jurors determined that these companies had unreasonably supplied large quantities of painkillers that contributed significantly to Baltimore’s opioid crisis. Jurors held McKesson and AmerisourceBergen accountable for an alarming 97% of the city’s opioid epidemic and awarded Baltimore $266 million in damages. However, Baltimore City Circuit Judge Lawrence Fletcher-Hill indicated that this amount was disproportionate to the evidence presented, suggesting … Read more

Judge Shuts Down Bucks County’s Lawsuit Against Fossil Fuel Giants, Citing Jurisdictional Limits

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Bucks County, Pennsylvania — A recent ruling from the Bucks County Court of Common Pleas has dismissed a lawsuit targeting major fossil fuel companies, effectively ending the county’s attempt to hold these corporations accountable for damages linked to climate change. Judge Stephen Corr issued the decision on Friday, halting the county’s pursuit of financial reparations for climate-related impacts. The lawsuit was filed in March 2024, naming companies such as Shell, BP, Chevron, and ExxonMobil, along with the American Petroleum Institute, and accused them of knowing about the harmful effects of their products on the environment. … Read more

US Tax Loophole closures signal a new era for fast-fashion giants Shein and Temu

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MANSFIELD, Ohio — For years, the companies Shein and Temu exploited U.S. tax loopholes to minimize shipping costs and deliver goods rapidly. However, a recent policy change enacted under President Donald Trump could alter their profitable strategy. Beginning April 2, the government introduced new regulations aimed at closing the loophole that allowed these companies to sidestep tariffs on certain imports. Critics argue that this shift responds to long-standing concerns about unfair trade practices and the fiscal implications for U.S. manufacturers. Shein and Temu, both prominent in the fast-fashion and e-commerce sectors, have built their success … Read more