Bloomberg US officials approved a record $5 billion privacy settlement with Facebook Inc to resolve the Cambridge Analytica data scandal, people said, prompting an immediate outcry from lawmakers and privacy advocates who said it didn’t go far enough. Although details of the settlement with the US Federal Trade Commission (FTC) weren’t announced, the fine is steep but far from devastating ...

Bloomberg Bayer AG won’t get a new trial in the case of a California man who was awarded $80 million by a jury after it found exposure to the company’s Roundup weed killer caused his cancer. US District Judge Vince Chhabria in San Francisco is expected to issue a second ruling on Monday on whether to reduce the damages in ...

Bloomberg A chunk of New York City plunged into darkness for hours as 72,000 customers on Manhattan’s West Side lost power on the anniversary of the historic 1977 blackout. Energy supply has since been fully restored, Governor Andrew Cuomo said. The outage affected an area stretching from Fifth Ave to the Hudson River, and from West 42nd through 71st streets, ...