Jessica Alba’s Honest Co. settles fraudulent labeling lawsuit for $7.35 million, SpaceX loses U.S. Air Force launch contract to ULA and Boring Co. test tunnel makes progress toward car elevator.
Actress Jessica Alba’s Honest Co. has reached a $7.35 million settlement in a marketing fraud lawsuit that alleged the company fraudulently labeled home and personal care products as natural, plant-based or chemical-free, reports the Business Journal. The Playa Vista-based company was accused of dishonestly advertising consumer products, such as toothpaste, floor cleaners and laundry detergent, as free of harsh chemicals, but independent test showed that the products contained synthetic and toxic ingredients.
SpaceX lost an U.S. Air Force launch contract worth $191 million to the United Launch Alliance, reports SpaceNews. SpaceX has now won two of three launches contracts for the Evolved Expendable Launch Vehicle program from the Air Force.
Boring Co. Chief Executive Elon Musk said his company’s test tunnel in Hawthorne continues to make rapid progress, reports TechCrunch. Musk said that a prototype of an elevator that will be used to lower cars into the tunnel should be operational next week.
Technology reporter Garrett Reim can be reached at email@example.com. Follow him on Twitter @garrettreim for the latest in L.A. tech news.
For reprint and licensing requests for this article, CLICK HERE.
Stories You May Also Be Interested In
- Jessica Alba’s Honest Co. Settles Fraudulent Labeling Lawsuit for $7.35 Million
- Silicon Beach Report Oct. 30: Amazon Studios to Move into Culver Studios
- Silicon Beach Report May 26: Boring Co. Releases Images of Electric Vehicle for its Proposed Tunnel Network
- Honest Co. Draws $200M Investment
- Honest Company Receives $200 Million Investment
- Silicon Beach Report Nov. 16: Sony Skipping E3
- Spy Satellite May Mean Launch Firm on Way Up
- Tunnel Skepticism Runs Deep