309 5 MILLION SETTLEMENT
Amazon return refund lawsuit claims: Jeff Bezos' company to pay $309.5 million to Americans; check eligibility and deadline
Amazon is facing a $309.5 million settlement for not properly issuing refunds to customers. Shoppers who requested refunds between specified dates may be eligible for compensation. The settlement includes Subclass A, receiving automatic payments, and Subclass B, which requires filing a claim. Claimants must provide detailed order information and meet deadlines to secure their payments. The final settlement approval hearing is set for March 16, 2027.
Supreme Court directs Punjab, Haryana to supply Himachal Pradesh's energy arrears
A bench led by Chief Justice Surya Kant said the settlement would be implemented on a cashless basis, with the capital-cost liability being adjusted against the energy arrears and the remaining energy being supplied in accordance with the specified schedule.
Sebi’s new settlement regulations to come into force from Nov 7; rolls out online application, calculator
Sebi's new settlement regulations take effect November 7, 2026, allowing eligible entities to settle specified administrative and civil proceedings at different stages. The framework introduces application deadlines, revised fees, settlement notices and stricter eligibility conditions.
One owner kept expanding this Ohio ranch home for 60 years, right down to a pet-washing station in the kitchen; why has the quirky 3,574-square-foot house gone viral?
The property was built in 1953 and has been owned by the same owner since the 1960s. The owner expanded the original ranch over several decades, creating a much larger house with multiple living and dining areas. The listing described the property as having an expansive collection of flexible living spaces.
Who is Rashee Rice? Why Kansas City Chiefs wide receiver filed for bankruptcy despite lucrative NFL contract
Rashee Rice, the Kansas City Chiefs wide receiver, filed for Chapter 7 bankruptcy on November 4, 2026. His debts totaled over $3.45 million, largely due to civil lawsuits from a serious car accident. Rice was involved in a crash in Dallas while driving at a high speed, leading to numerous legal issues. He has assets worth only $677,054, including his Super Bowl ring, which was used as collateral.
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Sebi revises currency derivatives limits for unhedged positions aligning with RBI norms
Sebi has revised limits for unhedged positions in currency derivatives for domestic clients and FPIs. The new combined notional value limit is set at $5 million at any time. FPIs must control their short positions in foreign currency-rupee pairs to the same $5 million limit. To exceed this threshold for long positions, FPIs need to show underlying exposure in Indian securities.
Sebi relaxes cash market settlement rules for mutual funds
Securities and Exchange Board of India has permitted mutual fund schemes to net fund obligations. This new regulation is set to come into effect starting April 1, 2027. It allows net settlement of funds at the individual scheme level while maintaining gross settlement for securities. Fund obligations cannot be adjusted across different schemes, and inter-scheme funding remains prohibited. Proceeds from outright sales must be funded separately for non-outright obligations.
Glenmark Pharma Q2 Results: Net profit plunges 56% to Rs 264 crore, revenue down at Rs 4,247 cr
Glenmark Pharmaceuticals experienced a 56.78 percent drop in consolidated profit after tax during the September quarter. Total revenue from operations decreased to Rs 4,247.32 crore compared to the previous year. The company's total expenses also decreased during the same period, indicating some operational efficiency. A subsidiary of Glenmark Pharma entered into a settlement for USD 15 million with Humana Inc.
Sebi revises currency derivative norms for domestic investors, FPIs; allows to trade up to USD 5 mn
Sebi has revised its regulations to permit domestic and foreign portfolio investors to take positions in currency derivatives. Investors can now hold up to USD 5 million without establishing underlying exposure. The new guidelines also require FPIs to ensure their short positions do not exceed this limit. For amounts above the threshold, FPIs must have underlying exposure in Indian debt or equity securities.
KOSPI plunges 4% as Samsung, SK Hynix shares slide
South Korea's KOSPI plunged over 4%, with Samsung Electronics and SK Hynix leading losses as semiconductor stocks tracked a sell-off in US technology shares. Concerns over tighter AI regulations and a potential slowdown in investment weighed on sentiment, triggering a sidecar trading curb after the index fell over 5%.
Oil Price Today (November 5): Crude oil falls below $94 after 9% plunge on Wednesday after midterm results. More downside ahead?
Crude oil price : Crude oil prices have dropped significantly following the Democratic victory in the recent US midterm elections. This political shift has raised hopes for a possible negotiated settlement of the conflict in Iran. Goldman Sachs predicts potential price increases for oil if production issues persist in the Gulf region. Analysts face uncertainty in forecasting the future of the ongoing war and its impact on oil prices.
Lockheed Martin to pay $29.5 million to settle federal claims it discriminated against white workers
Lockheed Martin has agreed to pay $29.5 million to settle claims of discrimination against white employees. The company faced allegations related to its diversity and equity initiatives in an internal bonus program. This settlement includes $22 million to the U.S. government and $7.5 million to over 1,000 affected employees. A former Lockheed Martin vice president filed a whistleblower complaint leading to the investigation.
US Bond Yields fall after midterm election 2026 results: Why are 10-year, 30-year, 2-year treasury notes down?
US Treasuries were down after Democrats gained control of both the Senate and House with the election results also raising the prospect of gridlock between the US Congress and Donald Trump's White House.
Pakistan considers international arbitration against UAE's Etisalat over unpaid USD 800 million
Pakistan is evaluating the possibility of pursuing international arbitration against UAE-based Etisalat over an outstanding payment. The amount in question is USD 800 million related to the sale of PTCL shares since 2005. Although most properties were transferred, some remain untransferred, leading to the unresolved dispute. Efforts to resolve the issue amicably have been made since 2015.
Tech funding hits 12-month low of $592 million in October; late-stage funding plunges 72%
Early-stage funding, by contrast, rose 114% sequentially to $361.6 million from $168.6 million and was up 10.8% from $326.4 million in October 2025. Early-stage rounds accounted for 61% of the month's funding.
South Korean shares reverse gains, KOSPI falls over 1% as US midterm results loom
South Korean shares reversed early gains as caution ahead of the US midterm election results triggered broad selling. Technology stocks led the decline, while foreign investors offloaded equities worth 1 trillion won amid concerns over global market volatility.
He left his teaching job to make adhesive tapes; now Crown New Materials' 787% IPO surge has made him a billionaire
He once worked as an elementary school teacher. Today, Mai Huiquan and his sister Mai Huixia are at the centre of one of China's biggest stock market debut stories. Their company, Crown New Materials, saw its shares jump 787% on November 3, turning its IPO into a major talking point among investors.
UK Home Secretary Shabana Mahmood scraps 15-year settlement wait for migrant care workers earning £25,000
The UK government has revised its immigration settlement rules, particularly for foreign care workers. Eligible care workers can now qualify for permanent residency after five years instead of 15. In addition, changes will extend the standard settlement period for most migrants from five to ten years. Stricter eligibility conditions are also being introduced for all applicants and refugees.
Justin Baldoni sells LA home for $2.1M, nearly doubling his 2017 investment as he starts anew in Nashville after Blake Lively legal battle
After years of residency, Justin Baldoni has sold his Culver City home for $2.1 million, stepping away from a chapter marked by a complicated legal affair involving Blake Lively and a $400 million lawsuit that was ultimately dismissed. The Baldoni family, including his wife and two kids, is embracing a new life in Nashville yet still retains their Ojai property.
EPFO’s WhatsApp service: You can check EPF balance, view last 5 transactions and download passbook by sending message
The launch of the EPFO WhatsApp service was announced by Union Minister Mansukh Mandaviya. This new feature empowers subscribers to easily check their EPF balance, view the latest transactions, and download passbook details. Moreover, the initiative addresses automatic settlements for dormant accounts, benefiting around one lakh users whose balance falls under Rs 1,000, thereby simplifying processes and minimizing the necessity for in-person visits.
Does Snapchat cause depression, anxiety, eating disorders? A court trial that tells bold story against social media platforms
Social media companies face thousands of lawsuits in federal and state courts brought by individuals, school districts, municipalities and other government entities alleging the companies knowingly sought to addict children to their platforms.
Pilibhit voter roll: UP CEO directs statewide deactivation of ECINET IDs for data operators
Navdeep Rinwa, the Chief Electoral Officer, instructed the deactivation of certain login IDs used in voter registration. This decision followed complaints regarding misuse of credentials in Pilibhit, leading to a verified inquiry. A computer assistant allegedly entered thousands of voter detail changes without supporting documents. Legal action has been initiated against several officials attributed to these irregularities. Compliance reports are expected from district election officers regarding the actions taken.
Why did Leona Helmsley leave $12 million to her dog Trouble but exclude two grandchildren? Here's what happened after her death
Helmsley owned a white Maltese dog named Trouble. She included provisions for trouble in her last will, dated July 15, 2005. She directed that $12 million be placed in the Leona Helmsley July 2005 Trust for the dog's care. The money was intended to cover food, grooming, veterinary treatment, security and other expenses.
Sun Pharma Q2 Results: Profit falls 36% YoY to Rs 1,989 crore on exceptional charges
Sun Pharma Q2 Results: Revenue from operations rose 12% YoY to Rs 16,199 crore from Rs 14,478 crore in Q2 of last financial year, supported by strong growth in its domestic formulations business and emerging markets.
Jio Platforms shares surge 21% on debut, overtake Airtel in market cap
Jio Platforms made a remarkable entrance in the stock market, soaring 21.4% above its IPO price on the first day of trading. Closing at ₹1,417.35, the stock surpassed Bharti Airtel in market capitalization. With a staggering 22 times oversubscription, the IPO attracted considerable institutional backing. At the launch event, executive director Anant Ambani recognized the invaluable support from millions of subscribers.
AT&T data breach settlement checks: Who gould get $5,000 and why others may receive less than $10
AT&T settlement checks: AT&T customers who filed claims under the $177 million data breach settlement could receive up to $5,000 for documented losses, while tiered cash payments may be much smaller. With final court approval granted, claimants are waiting for a confirmed payment date. The filing deadline passed in December 2025.
What does it cost to own a luxury home near Cupertino? Inside Silicon Valley's expensive real estate market, where Apple's headquarters is located
Cupertino is known as Apple's headquarters location and is a city in Santa Clara County. Cupertino attracts professionals working in technology and related industries, alongside families drawn to its schools and residential neighbourhoods. Its appeal includes its schools, residential neighbourhoods, access to technology employment and location in the San Francisco Bay Area. Buyers therefore pay for more than proximity to a corporate campus.
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