Top Stories

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  Amex Fined $350M Over Anti-Money Laundering Lapses

  By Jon Hill

  American Express has been fined $350 million over findings of systemic deficiencies in its banking unit's anti-m...(read more)

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  Feds Bar Microsoft, Adobe, Others From Visa Program

  By Britain Eakin

  Vice President JD Vance said Thursday that the Trump administration has suspended Microsoft, Adobe and other tec...(read more)

• Dodd-Frank Act Is Focus Of Latest Amici In NJ-Kalshi Case

  By Elaine Briseño

  Multiple amici, including the drafter of the Dodd-Frank Act, weighed in on New Jersey’s petition for the U.S. Supreme Court to review the regulation of prediction markets and sports betting, saying the statute was not meant to displace state gambling laws.

• High Court Urged To Keep Prison Trans Care Ban Blocked

  By Gianna Ferrarin

  The U.S. Supreme Court should decline the Trump administration's request to disturb a district court order barring the Federal Bureau of Prisons from enforcing a gender dysphoria care ban, a group of transgender individuals incarcerated in BOP facilities argued Thursday.

• Mich. Says Blue Cross Monopoly Ups Costs And Cuts Care

  By Lauren Berg

  The state of Michigan accused Blue Cross Blue Shield of Michigan Mutual Insurance Co. in federal court Thursday of amassing an illegal health insurance monopoly in the state, allegedly driving up premiums and out-of-pocket costs for state businesses and patients.

• FBI Turns To UFC To Help Train Its Agents

  By Courtney Bublé

  The FBI is going to enlist Ultimate Fighting Championship to train its special agents in defense technical techniques focusing on mixed martial arts, the agency has said.

• Zoox Investors, Directors Clash Over Amazon Deal Class

  By Jarek Rutz

  The Delaware Chancery Court on Thursday took under advisement a bid to certify a class of former Zoox Inc. common stockholders challenging Amazon.com Inc.'s $1.3 billion acquisition of the autonomous vehicle company, after hearing arguments over whether releases signed by most proposed class members prevent the case from proceeding on a classwide basis.

• Energy Companies' Win In NYC Greenwashing Suit Affirmed

  By Tom Lotshaw

  A New York appeals court on Thursday affirmed the dismissal of a New York City suit accusing BP, Exxon and Shell of deceiving consumers about the environmental effects of their gasoline products and alternative energy investments.

• USA Today Adds To Pile Of Newspaper Suits Against OpenAI

  By Elliot Weld

  USA Today Co. Inc. and several of its subsidiary newspapers accused OpenAI on Thursday in New York federal court of using their copyrighted news content to train ChatGPT, adding to a heap of lawsuits filed by large and small newspapers claiming the company made free use of content it should have paid for.

• USPTO Plan To Limit AIA Reviews Is In White House's Hands

  By Ryan Davis

  Rules proposed by the U.S. Patent and Trademark Office to place new limits on patent challenges are being scrutinized by a White House agency, which has held dozens of meetings with groups advocating for and against the plan in recent weeks.

• Judge Plans To Drop TMZ Parent From Terrell Owens' TM Suit

  By Celeste Bott

  An Illinois state judge said Thursday that he intends to dismiss the Fox subsidiary behind TMZ from a trademark infringement lawsuit brought by ex-NFL star Terrell Owens, which accused the outlet of exploiting his famed catchphrase "Getcha Popcorn Ready" as a tagline in its football-related coverage to evoke anticipation, increase advertising revenues and generate web traffic.

• Viatris To Buy Pacira BioSciences For $1.65B

  By Al Barbarino

  Viatris has agreed to acquire non-opioid pain treatment maker Pacira BioSciences for $1.65 billion, with Cravath Swaine & Moore LLP advising Viatris and Ashurst Perkins Coie representing Pacira, the companies said Thursday.

• 3 Firms Steer Crescent, Devon On $4.2B Eagle Ford Deal

  By Al Barbarino

  Crescent Energy has agreed to buy Eagle Ford assets from Devon Energy for about $4.2 billion, with three firms advising on a deal that will expand Crescent's position in the South Texas oil and gas basin, the companies said Thursday.

• Pa. Justices To Hear Philly's Suit Over Opioid-Spurred Crime

  By P.J. D'Annunzio

  The Pennsylvania Supreme Court has agreed to weigh in on whether the city of Philadelphia can sue CVS Pharmacy Inc. and other stores under state public nuisance laws for allegedly exacerbating the opioid epidemic with their prescription drug sales.