Chevron to move

offices to Texas

Chevron Corp. is relocating headquarters to Houston from California after repeatedly warning that the Golden State’s regulatory regime was making it a tough place to do business.

The move announced Friday will end the company’s more than 140 years of being based in the largest U.S. state and comes amid a shake-up in senior leadership ranks apparently aimed at improving results.

Chevron already had slashed new investments in California refining, citing “adversarial” government policies in a state which has some of the most stringent environmental rules in the U.S. In January, refining executive Andy Walz warned that the state was playing a “dangerous game” with climate rules that threatened to spike gasoline prices.

Verdict rejected in

‘Sunday Ticket’ case

A federal judge overturned a jury’s $4.7 billion verdict in the class-action lawsuit filed by “Sunday Ticket” subscribers against the NFL and granted judgment to the NFL. U.S. District Judge Philip Gutierrez ruled Thursday that the testimony of two witnesses for the subscribers had flawed methodologies and should have been excluded. The jury on June 27 awarded $4.7 billion in damages to residential and commercial subscribers after it ruled the NFL violated antitrust laws in distributing out-of-market Sunday afternoon games on a premium subscription service.

U.S. sues TikTok

over kids’ data 

The Justice Department sued TikTok on Friday, accusing the company of violating children’s online privacy law and running afoul of a settlement it had reached with another federal agency. The complaint, filed together with the Federal Trade Commission in a California federal court, comes as the U.S. and the prominent social media company are embroiled in yet another legal battle that will determine if TikTok will continue to operate in the country. The latest lawsuit focuses on allegations that TikTok and its China-based parent company ByteDance violated a federal law that requires kid-oriented apps and websites to get parental consent before collecting personal information of children under 13.

— Bulletin staff and wire reports