Greensill drops libel suit against Reuters over bond story


LONDON (Reuters) – Greensill Capital said it has dropped a libel suit against Reuters over a story which said that the financing group had provided a false statement to market participants in 2018.

A logo of Thomson Reuters is pictured on a truck during preparations for the annual meeting of the World Economic Forum (WEF), in Davos, Switzerland January 19, 2020. REUTERS/Denis Balibouse

The statement related to bonds it had issued the prior year on behalf of commodities tycoon Sanjeev Gupta.

Greensill said in the May 2018 statement that the Scottish government had approved a guarantee related to a hydro

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Uber customer claims company won price-fixing suit because arbitrator was scared


NEW YORK (Reuters) – An Uber customer on Friday asked a Manhattan federal judge to overturn an arbitration win for the company in a price-fixing case, arguing that the arbitrator only ruled in Uber’s favor because he was scared.

FILE PHOTO: The Uber logo is displayed on a mobile phone in this picture illustration taken November 25, 2019. REUTERS/Hannah McKay/Illustration

Spencer Meyer initiated the high-profile 2015 antitrust lawsuit alleging that Uber Technologies Inc engaged in an illegal conspiracy with its drivers to coordinate high “surge pricing” fares during periods of heavy demand by agreeing to charge prices set by an

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McDonald’s workers in Chicago file suit against chain for coronavirus response


A worker cleans the floor in a McDonald’s restaurant in the Chicago Loop on March 19, 2020 in Chicago, Illinois.

Scott Olson | Getty Images

Five McDonald’s workers in Chicago and four of their family members filed a lawsuit against the fast-food giant on Tuesday, alleging that it responded inadequately to the coronavirus pandemic.

The lawsuit, which is seeking class-action status, comes as McDonald’s prepares to reopen dining rooms across the country, sending U.S. franchisees a 59-page guide for changes to make at their restaurants.

When asked to comment on the lawsuit, McDonald’s USA issued a statement referring to a

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U.S. federal court to consider payout suit brought by RBS whistleblower


WASHINGTON D.C./LONDON (Reuters) – The U.S. Second Circuit Appeals Court will on Tuesday consider arguments by an ex-Royal Bank of Scotland (RBS.L) employee who is suing the U.S. Justice Department and Securities and Exchange Commission for a bounty he says he is owed under a whistleblower program.

FILE PHOTO: The U.S. Securities and Exchange Commission logo adorns an office door at the SEC headquarters in Washington, June 24, 2011. REUTERS/Jonathan Ernst

The suit brought by former RBS risk manager Victor Hong could result in a landmark ruling if the court finds the agencies broke the law, or force

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