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By Dawood Fakhir
Swiss skin care company Galderma said Wednesday that it has agreed to acquire a U.S. competitor in medical skin care from Blackstone and other shareholders for $1.5 billion to add to its dermatology portfolio.
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By Dorothy Atkins
Federal prosecutors have arrested and charged a former OpenAI product team engineer in California federal court ...(read more)
By Sarah Jarvis
Bank of America was hit with $1.21 billion in fines from the U.S. Treasury Department on Tuesday, with regulator...(read more)
By Phillip Bantz
The U.S. Department of Justice has halted the prosecution of an ex-Central Intelligence Agency analyst accused of secretly aiding the South Korean government in exchange for pricey gifts, according to an agreement filed in New York federal court Tuesday.
By Al Barbarino
A group of four U.S. and Mexican law firms are guiding AT&T Mexico's agreement to sell itself to a consortium made up of Grupo Televisa and Fintech Holdings Inc. for $2 billion.
By Rae Ann Varona
Liquidia will pay out $380.7 million as part of a settlement agreement with United Therapeutics Corp. that resolves six lawsuits between the pharmaceutical companies, Liquidia announced Tuesday, saying patients will continue to have access to its Yutrepia lung disease treatment that was central to litigation.
By Allison Grande
The U.S. Supreme Court is poised to hear arguments Wednesday over who can sue under the decades-old Video Privacy Protection Act in a dispute that experts say is likely to hinge on the approach the justices take to squaring the statute's original intent with the capabilities of modern tracking technologies.
By Aislinn Keely
The U.S. Commodity Futures Trading Commission is employing a creative use of a Dodd-Frank Act provision to fashion itself a form of authority over crypto spot markets after the Clarity Act failed to move forward, an effort that experts say will draw industry applause and state scrutiny.
By Hailey Konnath
OpenAI has preyed on children by extracting "vast amounts of highly sensitive and valuable data" from millions of young ChatGPT users without valid consent and then using that information to train its large language models, according to a proposed class action filed Tuesday in California federal court.
Apple Inc. on Tuesday asked a California federal judge to wipe out a jury's $5.7 billion damages award for Taction Technology Inc. or order a new trial in the haptic vibration technology patent dispute, calling the award "shocking" and "untethered to any evidence at all."
The Federal Trade Commission and seven states asked a New York federal judge Tuesday to hold Martin Shkreli in contempt for violating a court order banning him from the pharmaceutical industry by trading in industry stocks and broadcasting opinions about the business since he was released from prison in 2022.
By Dani Kass
Arm Holdings should pay Qualcomm $2 for breaching a licensing agreement and interfering in Qualcomm's economic relationship with Meta, a Delaware federal jury found Tuesday.
By Zach Dupont
A Tenth Circuit panel appeared hesitant Tuesday to uphold an injunction issued by a Colorado federal judge that granted eligibility to thousands of NCAA athletes excluded from the organization's new eligibility rule implemented this year.
By Lauren Berg
CVS Pharmacy Inc., the nation's largest pharmacy chain, has agreed to pay $315 million and implement certain safeguards to resolve claims that it knowingly filled invalid prescriptions for powerful opioids for years and sought payment through federal healthcare programs, the U.S. Department of Justice announced Tuesday.
By Kellie Mejdrich
A Second Circuit panel Tuesday seemed leery of RTX Corp. investors' bid to revive allegations that the aerospace manufacturer violated securities laws by concealing an aircraft engine defect, with several judges pointing out how the complaint seemed to lack allegations that executives knew different disclosures were necessary.