Remington Arms will pay nine families who lost loved ones in the Sandy Hook Elementary School shooting $73 million to settle a wrongful death lawsuit, attorneys announced Tuesday, the first time a U.S. gun manufacturer has been held liable in a mass shooting and a legal outcome that could open the door to future lawsuits against gun makers.
The settlement ends a landmark lawsuit over how …
Read more
The sanctions package the White House has implemented against Russia in the last 48 hours is remarkable. It is broad, deep, and targeted all at once. It is also almost certainly going to be more hype than impact. Russia is already subject to numerous sanctions since its 2014 support of separatists in Donbas. It has neither given Crimea back to Ukraine nor left the Donbas in peace, and clearly t…
Read more
(To get this story in your inbox, subscribe to the TIME CO2 Leadership Report newsletter here.)
Whenever I order food for delivery, I play …
Read more
OpenAI is on its third CEO in three days, after appointing Emmett Shear as interim CEO, less than 72 hours after its board ousted former CEO Sam Altman in a shock move on Friday Nov. 17, claiming he had not been “consistently candid in his communications with the board.”
The company said on Friday it was replacing Altman with chief technology officer Mira Murati but over the wee…
Read more
Theranos founder Elizabeth Holmes will stand trial later this month on charges of defrauding investors and patients of the blood-testing company. If convicted, 37-year-old Holmes—once named the world’s youngest female self-made billionaire—could face 20 years in prison for each of the ten counts of wire fraud and two counts of conspiracy to commit wire fraud she is accused of.…
Read more