Top Stories

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  Coal Exec Knew Egyptian Broker Paid Bribes, Jury Told

  By Matthew Santoni

  A former coal executive knew his Egyptian broker was passing along part of his commissions as bribes in exchange...(read more)

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  Eddie Bauer Retail Operator Hits Ch. 11 With $1B+ Debt

  By Emlyn Cameron

  Eddie Bauer LLC, a retail operator for the outdoor apparel brand, sought Chapter 11 protection early Monday in N...(read more)

• 5th Circ. Tosses Challenge To La. 340B Discount Drug Rule

  By Mark Payne

  A Fifth Circuit panel upheld on Monday a Louisiana law that allows the state to stop prescription drug manufacturers from blocking safety-net healthcare providers from contracting with outside pharmacies to dispense discounted medicines under the federal 340B Discount Drug program. 

• 6 Firms Guide Plan To Create $17B Transocean Drilling Giant

  By Al Barbarino

  Transocean Ltd. said Monday it has agreed to acquire rival Valaris Ltd. in an all-stock deal valued at about $5.8 billion, combining two of the largest offshore drilling fleets into a $17 billion operator ahead of a "multi-year offshore drilling upcycle."

• 'Baby Shark' Ruling Doesn't Stop Google Anti-Phishing Fight

  By Pete Brush

  A Manhattan federal judge granted injunctive relief Monday to Google in its effort to combat an alleged China-based phishing enterprise, holding that faraway defendants were properly served electronically despite an appellate ruling mandating mail service in a "Baby Shark" infringement case.

• Novo Nordisk Sues Hims & Hers Over Knockoff GLP-1

  By Elliot Weld

  Novo Nordisk AS followed through on Monday in Delaware federal court on a plan it announced last week to sue telehealth company Hims & Hers Health Inc. over its marketing of what Novo Nordisk calls a knockoff version of its GLP-1 medications.

• Amazon Inks Multibillion STMicro Deal Amid Massive AI Push

  By Al Barbarino

  Amazon Web Services is committing to buy several billion dollars' worth of STMicroelectronics chips and related services over the life of a new multiyear agreement, the chipmaker announced Monday. 

• EU Moves To Block Meta's WhatsApp Restriction On AI Rivals

  By William Janes

  The European Union's competition regulator revealed Monday it plans to impose restrictive measures on Meta over suspicions that the tech giant has breached antitrust rules by excluding third-party artificial intelligence apps from WhatsApp.

• Blockchain Co. Archblock Files Ch. 11 With Debt Over $100M

  By Ben Zigterman

  Blockchain financial technology company Archblock LLC filed for Chapter 11 bankruptcy relief in Delaware, listing more than $100 million in liabilities and less than $10 million in assets.

• Polymarket Sues Mass. To Halt Potential Sports Market Ban

  By Julie Manganis

  Polymarket filed a lawsuit Monday seeking to block Massachusetts from enforcing its sports gambling laws against the prediction market.

• Weil Helps Advent, FedEx Buy Poland's InPost For €7.8B

  By Najiyya Budaly

  A consortium that includes U.S. private equity firm Advent International LP and FedEx Corp. said Monday that it has agreed to buy InPost for €7.8 billion ($9.2 billion) to back the growth in Europe of the Polish parcel locker company.

• 5th Circ. Backs Trump Admin On Immigrants' Bond Ineligibility

  By Rae Ann Varona

  A split Fifth Circuit on Friday blessed the Trump administration's policy calling for immigrants who entered the U.S. without authorization to remain in detention without a bond hearing, saying the administration is acting within its "full enforcement authority."

• OpenAI Can Keep Atty Comms Secret After All, Judge Says

  By Hailey Konnath

  A New York federal judge Friday set aside a magistrate judge's order requiring OpenAI's in-house attorneys to share their internal communications regarding deleted training datasets with authors suing over alleged copyright infringement, holding that the conclusions underlying that decision were "clearly erroneous or contrary to law."

• HHS Refers Hims & Hers To DOJ Amid Compound Drug Fight

  By Lauren Berg

  U.S. Department of Health and Human Services general counsel Mike Stuart announced Friday that his office referred Hims & Hers Health Inc. to the U.S. Department of Justice for investigation, a day after Novo Nordisk A/S threatened litigation over what it called the telehealth company's "knockoff" version of its popular weight loss drug Wegovy.