corporate

Porsche AG announced on April 24th 2026 that it had agreed to sell its equity stakes in both Bugatti Rimac and Rimac Group to an international consortium led by New York-based HOF Capital, with Abu Dhabi’s BlueFive Capital coming in as the largest single investor. The transaction agreements were signed the same day and, subject…

Between 2003 and 2013, J.P Morgan and 14 other major banks got caught rigging the foreign exchange market. Traders at these banks used private chat rooms to coordinate their trades and manipulate prices, which meant that they were basically cheating their customers to make more profit. Case Name: In re Foreign Exchange Benchmark Rates Antitrust Litigation (Case…

Every time that a Mastercard was used between 1992 and 2008, an additional fee of approximately 0.95% of the total price of purchase was demanded from the seller. This fee was an explicit departure from the laws of the European Union, and it was unanimously illegal as stated in 2007 by the EU themselves. The…

On the 27th of December 2023, The New York Times along with many major authors such as George R.R Martin and John Grisham, sued OpenAI and Microsoft in a multi district litigation in New York, (Case No. 1:23-cv-11106). Their allegation was that OpenAI had used copyright articles, books and other works without permission, to train…


