Top Stories

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  McKesson Snags Precision Medicine Group In $2.25B Deal

  By Jade Martinez-Pogue

  Healthcare services provider McKesson Corp., advised by Davis Polk & Wardwell LLP, on Tuesday unveiled plans to ...(read more)

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  Canada To Hit US With Retaliatory Tariffs, 'Dollar For Dollar'

  By Jack McLoone

  The Canadian government struck back on Tuesday at the latest round of U.S. tariffs, announcing tariffs of its ow...(read more)

• 4th Circ. Blocks FCC Campaign Ad Pricing Guidance

  By Lauren Berg

  While political candidates are entitled to the lowest advertising rate radio and television stations can charge, political parties and joint fundraising committees with noncandidate members are not, a split Fourth Circuit ruled Tuesday, wiping out recent Federal Communications Commission guidance.

• 'News To Me': Instagram CEO Unaware Its Attys Deleted Data

  By Dorothy Atkins

  Instagram's CEO appeared to be taken by surprise Tuesday during a California federal jury trial over claims Meta hid social media's harms, after the states revealed that Instagram's in-house counsel removed data from a teen-safety presentation before presenting it to minimize his "litigation exposure risk," saying "this is all news to me."

• Trump Diversity Visa Freeze Lacked Basis, Judge Says

  By Britain Eakin

  A D.C. federal judge ruled in favor of several diversity visa selectees in consolidated suits challenging the Trump administration's decision to halt the program, saying on Tuesday that the government did not provide a reasoned explanation for its sweeping refusal policy.

• Ghislaine Maxwell Loses 'Frivolous' Bid To Nix Guilty Verdict

  By Craig Clough

  A New York federal judge on Tuesday rejected Ghislaine Maxwell's attempt to overturn her sex trafficking conviction and 20-year prison sentence, finding her arguments largely "frivolous" or procedurally barred, and concluding that purported new evidence unearthed in the release of the Epstein files does not help her case.

• Even Dolly Could've Been Barred By Drag Ban, Judge Says

  By Lauren Berg

  On the same day the world lost Dolly Parton, a Texas federal judge invoked the iconic singer and philanthropist to again block a law widely seen as a ban on drag performances, saying it's so broad that her "big hair, flamboyant clothes and breast exposure" might run afoul of the measure.

• Mass. Sheriff Pressured Pot Co. For Pre-IPO Stake, Jury Hears

  By Carolyn Muyskens

  A federal prosecutor told a Boston jury Tuesday that a local sheriff used his position to demand a stake in a cannabis company, explaining "that's what corruption looks like here in Massachusetts."

• FDA Must Revisit Xifaxan Generic Exclusivity, DC Circ. Says

  By Elliot Weld

  The D.C. Circuit on Tuesday ordered the U.S. Food and Drug Administration to take another look at Norwich Pharmaceuticals' bid to bring a generic version of a prescription drug for irritable bowel syndrome to market, faulting the FDA's use of what the court said was an incorrect causation standard.

• Latham-Led Melrose Sets Up $100M Compensation Fund

  By Tom Fish

  Aircraft manufacturer Melrose said Tuesday it has launched a compensation program worth up to $100 million in California following a toxic chemical scare that halved a plant's output and forced the evacuation of residents and businesses.

• 'So What?': Albertsons Judge Skeptical Of Wash. Opioid Suit

  By Ben Adlin

  A Washington state judge considering Albertsons' mid-trial motion to dismiss allegations it fueled the state's opioid epidemic told lawyers for the state Monday that while they might have shown the pharmacy chain failed to implement an adequate monitoring system, she's still skeptical the company's conduct actually caused the overdose crisis.

• Instagram Wants Teen 'Sessions,' Not Time, Tenn. Jury Told

  By Cara Salvatore

  Instagram's top data scientist told a Tennessee jury Monday that the company's goal is to increase the amount of "sessions" by teens, not their raw amount of time in the app, though he admitted the latter metric has been on the rise.

• SEC To End Insider Trading Case Against Pardoned Ex-Rep.

  By Jessica Corso

  The U.S. Securities and Exchange Commission informed a New York federal court on Monday that it is walking away from a case accusing former Indiana Rep. Stephen Buyer of insider trading two months after he was pardoned by President Donald Trump.

• High Court Lifts Block On Mail-In Ballot Changes

  By Katie Buehler

  The Trump administration can proceed with plans to implement some new nationwide mail-in voting regulations ahead of this year's midterm elections, the U.S. Supreme Court ruled Monday, but questions remain about the enforceability of proposed U.S. Postal Service restrictions.