Top Stories

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  AGs Sue To Block Treasury Rule Ending Shell Co. Reporting

  By Jon Hill and Craig Clough

  Nearly two dozen states sued the Trump administration Tuesday over its rollback of ownership reporting requireme...(read more)

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  4 Firms Steer Landmark $63B AI Financing Structure

  By Nate Beck

  Blackstone, Bank of America, Citi and Morgan Stanley formed a deal providing $63 billion to buy Broadcom artific...(read more)

• At 4th Circ., DOJ Admits But Downplays Goldstein Trial Errors

  By Jeff Overley

  The U.S. Department of Justice late Tuesday acknowledged that it confused key statutory terms related to jury instructions at famed appellate advocate Tom Goldstein's criminal trial, while also insisting "the government's mistake here was understandable" and shouldn't upend a jury's guilty verdict.

• Anthropic's 'Existential Risks' Warning Sets Stage For AI IPOs

  By Sarah Jarvis

  Anthropic PBC's registration statement includes more than 90 pages of risk disclosures for prospective investors ahead of the Claude developer's planned public offering, including "existential risks to humanity" posed by advanced artificial intelligence and a corporate governance structure the company warns may make it difficult for voting shareholders to replace directors and managers.

• FCC OKs Amazon's $11.6B Globalstar Satellite Buy

  By Nadia Dreid

  The Federal Communications Commission has signed off on Amazon.com Inc.'s $11.6 billion plan to buy U.S. satellite company Globalstar Inc., bringing the e-commerce behemoth one step closer to expanding its nascent satellite internet business.

• 6 Firms Advise On Ares' $2.6B MidCap Financial Buy

  By Al Barbarino

  Ares Capital Corp. said Tuesday it has agreed to acquire middle-market lender MidCap Financial Investment Corp. in a stock-and-cash transaction for an enterprise value of about $2.6 billion, with six law firms advising on the transaction.

• 5-Hour Energy Sellers Ask 9th Circ. To Revive Antitrust Fight

  By Dorothy Atkins

  Family-owned wholesalers urged the Ninth Circuit to revive antitrust claims Tuesday alleging 5-Hour Energy violated price discrimination law by providing Costco with disproportionate promotional support, arguing the court wrongly applied an "extremely narrow view of antitrust injury."

• High Court Refuses To Undo Texas Immigration Rule Deal

  By Elaine Briseño

  U.S. Supreme Court Justice Samuel Alito on Tuesday denied a request from three cities and an advocacy group to undo a consent judgment approved by a Texas federal judge that vacated a rule that allowed immigration courts to temporarily close cases.

• Latham Advises Insurance Software Co. On $2.1B Acquisition

  By Irene Madongo

  Insurance software provider Guidewire said Tuesday it has agreed to buy artificial intelligence platform Hyperexponential for up to $2.1 billion, a move it hopes will help it to provide agentic underwriting.

• 4th Circ. Says W.Va. Daniel's Law Is Unconstitutional

  By Rose Krebs

  The Fourth Circuit on Tuesday affirmed a district court determination striking down as unconstitutional West Virginia's law restricting the publication of the home addresses and phone numbers of law enforcement and judicial officials, saying the district court applied "well-established" First Amendment principles.

• Judge Halts Tree Removal, Says She Can't 'Disbelieve' Trump

  By Jared Foretek

  A D.C. federal judge has ordered the federal government to stop all tree removal at East Potomac Golf Course and to give the court notice before making irreparable changes to its surrounding park, saying she couldn't "disbelieve the president's clear, repeated statements" that a major overhaul would begin soon.

• 2nd Circuit Rejects Venezuela's Bid To Void $3B In Bonds

  By Caroline Simson

  Nearly $3 billion in defaulted Venezuelan bonds should not be blocked from enforcement under the country's domestic law, the Second Circuit ruled Tuesday.

• DOJ Tries For Third Case Against Comey, Alleging Doc Leak

  By Lauren Berg

  For the third time, the Trump administration has lobbed criminal charges against James Comey, this time accusing the former FBI director of disclosing sensitive national defense information in 2016, according to a criminal information unsealed Monday in D.C. federal court.

• FTC, 20 States Say Dollar General Up Charges At Register

  By Lauren Berg

  The Federal Trade Commission and a group of 20 states announced a lawsuit in Tennessee federal court, alleging Monday that Dollar General Corp. holds itself out as an accessible retailer for low- and fixed-income consumers, but has for years charged shoppers more at the register than the displayed prices.