Top Stories

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  Cango Selling China Biz For $352M In Bitcoin Mining Push

  By Al Barbarino

  Cango Inc. said Thursday it has agreed to sell its existing business in China to Ursalpha Digital Ltd. for rough...(read more)

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  Trump Unveils New Tariffs On Dozens Of Countries

  By Dylan Moroses

  President Donald Trump announced sweeping tariffs on major trading partners Wednesday, including a 10% rate on a...(read more)

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• Bigelow CEO Denies Deliberately Misleading Tea Buyers

  By Craig Clough

  The CEO of R.C. Bigelow repeatedly denied from a California federal court witness stand Thursday that her company deliberately misled consumers by labeling its teas as "manufactured in the USA 100%," saying that the phrase — which a judge has already found to be false — was well-intentioned.

• Samsung Can't Yet Beat Epic's Claim It Colluded With Google

  By Bonnie Eslinger

  A California federal judge denied Samsung's bid to end Epic Games' suit claiming it colluded with Google to skirt an impending injunction forcing Google to allow competition with its Play Store, saying Thursday the allegations are plausibly stated so "this is not time to put an end to the case."

• State Enforcers Are Developing Their Local Antitrust Laws

  By Matthew Perlman

  State antitrust enforcers have increasingly struck out on their own in recent years, filing cases targeting both national and local issues in state courts in an effort to expand the reach of their local antitrust laws, a panel of state enforcers said Thursday.

• Nestlé, Other Parent Cos. Freed From Baby Food Metals MDL

  By Jonathan Capriel

  Overseas food giants Nestlé, Danone and Hero can exit a multidistrict litigation alleging baby food tainted with toxic metals caused children to develop autism, a California federal judge has ruled, but domestic subsidiaries who manufactured the products, such as Gerber, Nurture and Beech-Nut, must remain as defendants.

• Senate Confirms Trump Nominee For Solicitor General

  By Courtney Bublé

  The Senate voted 52-45, along party lines, on Thursday to confirm Dean John Sauer, a former personal attorney of President Donald Trump, to be solicitor general of the United States.

• DC Circ. Steps In To Pause CFPB Order As Judge Denies Stay

  By Jon Hill

  A D.C. Circuit panel on Thursday put a temporary, limited hold on a federal judge's preliminary injunction barring further cuts at the Consumer Financial Protection Bureau, even as the judge herself largely denied a Trump administration bid to stay it for appeal.

• Southwest Gets Second Shot At Tossing Investors' Outages Suit

  By Catherine Marfin

  A Texas judge said Thursday he plans to rewrite his decision on Southwest Airlines' request to dismiss a shareholder class action over a disastrous 2022 holiday travel season because the Fifth Circuit may require a more thorough record of the extent of the airline's knowledge about the risks of its outdated technology.

• Del. Suit Challenges 'DExit' Corporate Law, Dropbox Move

  By Jeff Montgomery

  One of Delaware's oldest law firms on Thursday challenged the constitutionality of a corporate law overhaul pushed through the General Assembly last month in a declared bid to stem "DExit" corporate charter relocations to other states and protect the state's legal industry and $2 billion in annual corporate franchise fees.

• RI Judge Hits Pause On Billions In Health Grant Funding Cuts

  By Dan McKay

  A Rhode Island federal judge on Thursday barred the Trump administration from moving forward, for now, with the termination of billions of dollars in grants supporting state public health programs.

• Justices' Ruling Empowers FDA To Rein In Vapes, Experts Say

  By Sam Reisman

  A unanimous U.S. Supreme Court decision affirming federal regulators' authority to deny marketing applications for flavored vapes was noted as a victory for federal agency autonomy, but vaping industry interests said it could remove a crucial harm reduction tool.

• Skadden Steers $1.5B Deal For SunnyD, Juicy Juice Maker

  By Al Barbarino

  Skadden-led Castillo Hermanos said Thursday it has agreed to purchase Brynwood Partners portfolio company Harvest Hill Beverage Co., whose brands include SunnyD, Juicy Juice and Little HUG, in a reported roughly $1.5 billion deal.

• Senate Passes Long-Shot Bill To End Trump's Canada Tariffs

  By Dylan Moroses

  The U.S. Senate on Wednesday evening passed a resolution to eliminate the national emergency President Donald Trump declared to impose 25% tariffs on Canadian imports, but the measure is likely to stall in the House and certain to be vetoed.