Honda must pay more than $484 million to resolve customers’ financial losses related to vehicles equipped with shrapnel-shooting airbags from Takata and step up its efforts to ensure the dangerous safety devices are repaired. [More]
reaching a deal
Volkswagen Offers To Buy Back Emissions-Cheating “Clean Diesel” Cars
By 4.21.16
Owners of one of Volkswagen’s 500,000 diesel vehicles equipped with “defeat devices” designed to cheat emission standards will have two options when it comes to fixing their vehicles: allow the carmaker to buy it back or have it modified to meet emissions standards. [More]
California, Labor Groups Reach Tentative Deal To Raise Statewide Minimum Wage To $15/Hour
By 3.28.16
California is poised to become the first state to adopt a $15 an hour minimum wage. Over the weekend legislators in the state said they had reached a tentative agreement with labor unions that would see the state rollout the wage increase over the next six years. [More]
Home Depot Agrees To Pay $20M To Settle 2014 Data Breach Lawsuit
By 3.8.16
Nearly two years after Home Depot said 56 million consumers’ credit and debit cards, as well as email addresses, were compromised in a massive data breach, the home improvement retailer has reached a $19.5 million deal to settle a class-action lawsuit and compensate those customers. [More]
With Landlord Settlement, Target’s Failed Canada Experiment Nearing End
By 3.8.16
More than a year after Target announced plans to shutter its 133 stores in Canada, the retailer is finally ready to put the failed business venture behind it. The company recently reached a $30 million compensation deal with the landlords of these former Target stores. [More]
