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Starbucks Suspends Covid-19 Vaccine-Or-Test Requirement Following US Court Ruling

21st January 2022
Coffeehouse chain Starbucks has suspended its Covid-19 vaccine-or-test requirement for US employees. The move follows a ruling to block vaccine mandates for large businesses by the US Supreme Court earlier this month.  Previously, Starbucks had said it would require its 220,000 US employees to be fully vaccinated against Covid-19 or take weekly Covid-19 tests. However, […]
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5 Of The Most Financially Successful Lawyers In The World

20th January 2022
Across the United States, the average salary of a lawyer varies widely, from $171,550 in California to $139,020 in New Jersey. Meanwhile, in the UK, the average salary for a lawyer comes in at just over £50,000. However, there are many legal professionals whose earnings go above and beyond these figures. Here are 5 of […]
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Simpson Thacher Appointed As Lead Adviser On $70 Billion Microsoft-Activision Deal

20th January 2022
The Microsoft-Activision deal is not only Microsoft’s largest-ever deal but also the largest-ever transaction in the video gaming sector, further boosting the tech giant in its competition against gaming sphere leaders Sony and Tencent.  According to the firm, the Simpson Thacher attorneys advising Microsoft include M&A partners Alan Klein, Anthony Vernace, and William Allen. The […]
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Tesla Investors Ask Judge To Order CEO Elon Musk To Repay $13 Billion For SolarCity Deal

19th January 2022
On Tuesday, Tesla shareholders urged a judge to find that CEO Elon Musk coerced the company’s board into a 2016 deal with SolarCity. They have asked that Musk be ordered to pay the EV company $13 billion.
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Drugmaker Endo Signs $65 Million Opioid Settlement With Florida

18th January 2022
On Tuesday, drugmaker Endo International said it had agreed to pay up to $65 million to resolve claims by the state of Florida and local governments that it had contributed to the US opioid epidemic.  The deal comes as one of many in recent months as the drugmaker works to resolve several similar cases. In […]
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Supreme Court Blocks Biden’s Vaccine Mandate For Large Businesses

18th January 2022
Biden voiced his disappointment with the conservative-majority court’s Thursday decision to halt the rule requiring vaccines or weekly coronavirus tests for staff at businesses with 100 or more employees. The President said it is now up to states and employers to decide whether or not to make vaccination mandatory.  The Supreme Court ruled 6-3 in […]
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Former Theranos CEO Elizabeth Holmes To Be Sentenced Sept 26

13th January 2022
Holmes was convicted on January 3 on three counts of fraud and one count of conspiring to defraud private investors in the blood-testing company. She currently remains free on a $500,000 bond secured by properties.  According to court filings, Holmes plans to ask the judge overseeing her case to overturn her convictions. If the judge […]
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