Top Stories

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  AstraZeneca Inks Up To $5.3B AI Drug Deal With Chinese Firm

  By Al Barbarino

  AstraZeneca said Friday it has entered into a strategic artificial intelligence-driven research partnership with...(read more)

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  BCLP-Led Canadian Miner Bids $1.25B For Rival Adriatic

  By Dawood Fakhir

  Canadian gold miner Dundee Precious Metals said Friday that it has agreed to acquire British rival Adriatic Meta...(read more)

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• Vought's CFPB Finds Industry Fans In Rule Repeal Effort

  By Jon Hill

  Financial industry groups are lining up behind the Consumer Financial Protection Bureau's push to scrap a trio of Biden-era policies that they say overexpanded its supervisory and enforcement toolkit, urging on the agency's newfound deregulatory zeal.

• Social Media Addiction MDL Judge Picks Bellwether Trial Pool

  By Dorothy Atkins

  A California federal judge on Friday narrowed the pool of cases set for the first bellwether trials in sprawling multidistrict litigation by school districts and personal injury plaintiffs over claims social media is addictive, choosing six bellwether school districts in Maryland, Georgia, Kentucky, New Jersey, North Carolina and Arizona.

• 23andMe Founder's $305M Bid Buys Back Co. In Ch. 11 Sale

  By Bonnie Eslinger

  With a winning bid of $305 million, a nonprofit controlled by 23andMe founder Anne Wojcicki beat out Regeneron Pharmaceuticals to purchase the bankrupt company's assets, 23andMe announced Friday.

• Google Defeats $1.3B Contract Case Over Advertising Tech

  By Theresa Schliep

  A California state jury has rejected a company's breach of contract case that accused Google of misappropriating information about its digital advertising technology to build similar products, ending the suit that had sought $1.3 billion in damages.

• SEC Scrubs Biden-Era Agenda To Give Atkins A 'Clean Slate'

  By Jessica Corso

  The U.S. Securities and Exchange Commission is backing away from promised Biden-era regulations on cybersecurity risk management, environmental disclosures and equity market reform, withdrawing over a dozen rule proposals as newly appointed Chair Paul Atkins seeks to rewrite the agency's agenda.

• Omitted Jury Instruction Tainted Fraud Trial, DC Circ. Says

  By Ali Sullivan

  A D.C. Circuit panel ruled Friday that a new trial was warranted in a pandemic relief loan fraud case based on the trial court's inadvertent failure to instruct jurors to not draw negative conclusions from the defendant's decision not to testify.

• Trump's Firing Of CPSC Commissioners Ruled Illegal

  By Craig Clough

  A Maryland judge ruled Friday that the removal of three U.S. Consumer Product Safety Commission commissioners by President Donald Trump was unlawful, finding a 1935 U.S. Supreme Court ruling that protected a Federal Trade Commission member from removal applies to the members of the CPSC. 

• Fund Manager Reindicted In $4M Insider Trading Case

  By Julie Manganis

  Federal prosecutors on Friday revived a $4 million insider trading case against a former Miami asset manager who previously dodged charges after a key witness backed out of testifying against him in 2022.

• Ex-Ill. Speaker Madigan Gets 7½ Years For Bribery

  By Celeste Bott

  An Illinois federal judge on Friday sentenced former Illinois House Speaker Michael Madigan to seven and a half years in prison and fined him $2.5 million for his conviction on bribery, conspiracy and wire fraud charges, saying his determination that Madigan perjured himself on the stand at trial impacted the stiff penalty.

• 2nd Circ. Won't Rehear Trump Appeal Of $5M Assault Verdict

  By Cara Salvatore

  The full Second Circuit refused Friday to revisit President Donald Trump's challenge to writer E. Jean Carroll's $5 million sexual assault finding against him, with two judges dissenting.

• DC Circ. Sides With FERC In Substation Cost Dispute

  By Madeline Lyskawa

  A D.C. Circuit panel ruled Friday that the Federal Energy Regulatory Commission got it right when it denied a wind facility operator's petition seeking reimbursement from the Western Area Power Administration for its contribution to a substation expansion.

• Grassley Budget Bill Calls For More Use Of Injunction Bonds

  By Courtney Bublé

  Sen. Chuck Grassley, R-Iowa, chair of the Senate Judiciary Committee, has released his portion of the budget reconciliation text, which would bolster the use of injunction bonds to raise the stakes for plaintiffs seeking to halt White House initiatives.