News

Tupperware Brands (TUP.N), opens new tab filed for bankruptcy protection in Delaware late on Tuesday, succumbing to mounting losses due to poor demand for its once popular colorful food storage containers.

A state judge in Oregon has overturned a jury's $260 million verdict against Johnson & Johnson in a lawsuit brought by a woman who said she got mesothelioma, a deadly cancer linked to asbestos exposure, from inhaling the company's talc powder, the company said on Monday.

IBM (IBM.N), opens new tab has convinced a federal jury in Delaware that mobile-game maker Zynga owes $44.9 million in damages for violating IBM's patent rights in what the tech giant called "foundational" internet technology.

Indian news agency ANI sues Netflix for using its content in hijack drama. Indian news agency ANI has sued Netflix Inc (NFLX.O), opens new tab and producers of an Indian series about a plane hijack, asking for four episodes to be taken down as they used ANI content without permission. The series, called "IC-814: The Kandahar Hijack" - a fictionalised version of the 1999 hijacking of Indian Airlines flight 814 from Kathmandu - has been embroiled in controversy since its release last month.