Top Stories

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  Finalized Trump Order Seeks Early Cyber Tests Of AI Models

  By Allison Grande

  President Donald Trump signed an executive order Tuesday to push the developers of advanced artificial intellige...(read more)

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  Trump Admin Sued For Canceling Offshore Wind Lease

  By Tom Lotshaw

  A coalition of Northeast states urged a D.C. federal judge Tuesday to overturn the Trump administration's decisi...(read more)

• Ex-NRA Chief LaPierre Loses Appeal Of $4.4M Fine, Ban

  By Frank G. Runyeon

  A New York state appellate panel upheld a Manhattan jury verdict against former National Rifle Association chief Wayne LaPierre for alleged misconduct, including $4.4 million in monetary damages and a ban on him serving in leadership at the gun group for a decade.

• Drug Research Co. Inotiv Files Ch. 11 To Cut $325M In Debt

  By Vince Sullivan

  Contract drug research and development company Inotiv Inc. filed a prepackaged Chapter 11 case Wednesday in Texas bankruptcy court with $489 million of debt and support from the majority of its creditors for its reorganization plan.

• Apple Gets 2nd Chance To Trim £3B ICloud Overcharge CPO

  By Eddie Beaver

  Apple can challenge a decision allowing part of a £3 billion ($4 billion) collective action over an alleged cloud storage monopoly to proceed, after a competition tribunal found Wednesday that the technology giant has a real prospect of succeeding on appeal.

• Sherwin-Williams, Nippon Paint Drop €12.5B AkzoNobel Bid

  By Najiyya Budaly

  U.S. paint maker Sherwin-Williams and Nippon Paint of Japan said Wednesday that they have abandoned their €12.5 billion ($14.5 billion) pursuit of AkzoNobel after the owner of the Dulux brand rejected their advances.

• Chicago US Atty Report Denies Grand Jury Misconduct Claim

  By Lauraann Wood

  The Northern District of Illinois' top prosecutor sought to offer clarity Tuesday surrounding accusations of his possible interference with grand jury proceedings that preceded a criminal conspiracy indictment against six protesters, releasing a special report one defendant's attorney says raises more questions than it answers.

• 11th Circ. Reverses 2 Live Crew's Copyright Clawback Win

  By Rae Ann Varona

  The Eleventh Circuit ruled Tuesday that hip hop group 2 Live Crew could not reclaim copyrights to five albums despite most of them agreeing to terminate copyright grants to third parties, saying in a published opinion that one member's termination interests were "swept" in, and remained in, his bankruptcy estate.

• 3rd Circ. Asks NJ To Define 'Unreasonable' Gunmaker Conduct

  By George Woolston

  The Third Circuit on Tuesday appeared skeptical of the state of New Jersey's position that The National Shooting Sports Foundation still lacked standing as it tries to renew its challenge of a Garden State law allowing it to sue gunmakers for endangering public safety, questioning what exactly is impermissible under broad statutory language like "unreasonable" conduct.

• R1 Deal Defendants Urge Chancery To Toss Investor Suit

  By Jarek Rutz

  Counsel for TowerBrook Capital Partners LP and Ascension Health Alliance urged the Delaware Chancery Court on Tuesday to dismiss a stockholder suit over medical company R1 RCM Inc.'s $8.9 billion take-private deal, arguing that the investors did not control the company under Delaware law.

• Why License? 5th Circ. Weighs 'Server Test' In News App Fight

  By Ivan Moreno

  A Fifth Circuit judge on Tuesday asked counsel for a news aggregation app why publishers would ever license their articles if the app can lawfully show readers the same content without paying as long as it's hosted on the publishers' own servers.

• 9th Circ. Won't Recharge Kids' Suit Over Trump's Energy EOs

  By Rachel Riley

  A Ninth Circuit panel refused Tuesday to revive a group of youths' legal challenge of President Donald Trump's executive orders spurring the use of fossil fuels to meet the country's energy needs, concluding the plaintiffs "can only speculate" that the orders will trigger agency decisions that ultimately intensify climate change.

• Northrop To Pay $75M In Midtrial LA Contamination Deal

  By Bonnie Eslinger

  Residents of a Los Angeles suburb who sued Northrop Grumman over alleged environmental contamination have asked a California federal judge to preliminarily approve a $75 million class deal struck midtrial with the aerospace company that also proposes their attorneys receive up to 40% of the fund — and possibly more.

• SEC Floats Strategic Plan For Next Four Years

  By Jessica Corso

  The U.S. Securities and Exchange Commission on Tuesday said it plans to reevaluate how administrative proceedings operate and to write regulations governing the cryptocurrency industry, calling for public feedback as it put forth Chairman Paul Atkins' vision for running the agency over the next four years.