Top Stories

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  3M Inks $7.35B Deal To Settle Most PFAS Foam Claims

  By Lauren Berg

  3M Co. announced Tuesday that it will pay up to $7.35 billion over nine years to resolve nearly all personal inj...(read more)

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  Icahn-Backed Firm Paying $4.2B For Marathon Oil Assets

  By Al Barbarino

  Carl Icahn-backed CVR Energy said Tuesday it has agreed to buy two refineries and a related marketing business f...(read more)

• Ga. Adopts Farming Tax Break, Mich. Limits Utility Donations

  By Gautama Mehta

  Voters in seven states were set to decide closely watched environmental ballot measures, including whether California should speed up environmental reviews, if Colorado should codify a "right to natural gas," and if Michigan should tighten campaign finance restrictions on the utility industry.

• Ohio Voters Limit Data Centers In Ballot Question Test

  By Nate Beck

  In Tuesday Ohio ballot questions, voters broadly opposed building new data center projects, including those for Amazon and Meta, in an electoral test for the buildout of artificial intelligence infrastructure.

• Block Seeks $764M Deal To End DOJ Cash App Fraud Probe

  By Lauren Berg

  Jack Dorsey's Block Inc. revealed in an investor filing Tuesday it has reached a tentative deal to resolve a U.S. Department of Justice investigation into claims that it ignored fraud on its Cash App, outlining terms that include a deferred prosecution agreement and payment of more than $760 million.

• BofA's $1.2B AML Fine Shows Perils Of Tech Overreliance

  By Sarah Jarvis

  Bank of America's $1.2 billion deal with the U.S. Treasury Department over anti-money-laundering failures has put compliance officers at financial institutions on alert about the perils they could face if they don't have empowered in-house investigators and proper oversight of technological systems for transaction monitoring.

• Justices Seem Open To Colo. Catholic Schools' Bias Claims

  By Vin Gurrieri

  The U.S. Supreme Court appeared receptive Tuesday to a push by Catholic parishes to be exempted from a requirement under Colorado's universal preschool program that ties funding to the acceptance of a nondiscrimination mandate, with Justice Brett Kavanaugh saying the case poses a "clash" between religious and LGBTQ+ rights.

• 2nd Circ. Denies Kalshi, Coinbase Enforcement Shields

  By Aislinn Keely

  A Second Circuit panel on Tuesday rebuffed separate bids by Kalshi and Coinbase to temporarily shield their sports contracts from New York and Connecticut gambling regulators after the judges appeared unconvinced by the platforms' attempts to draw lines between sports event contracts and sports bets.

• Past Losses Haunt Colo.'s Universal Preschool Law Defense

  By Katie Buehler

  For eight years, Colorado has repeatedly met a skeptical U.S. Supreme Court when defending antidiscrimination laws against religious objectors. Now, that poor track record seems likely to doom the state's latest attempt to protect its universal preschool program's equal opportunity mandate from Catholic challengers.

• Fed. Circ. Unsure How Judge Messed Up Drug Patent Ruling

  By Nadia Dreid

  The Federal Circuit didn't seem all too convinced Tuesday morning that a lower court committed an error in finding that healthcare company Fresenius Kabi USA had failed to prove that a pair of Heron Therapeutics patents covering a nausea drug were invalid.

• CFTC Sued As It Allows Single-Stock Perp Contracts Trading

  By Jessica Corso

  The U.S. Commodity Futures Trading Commission on Tuesday signed off on the trading of perpetual contracts tied to individual stocks and was almost immediately sued by a special interest organization backed by Cboe Global Markets Inc. and others accusing the agency of putting investors at risk.

• NY Judge Bars Afghan Removals To Pakistan, For Now

  By Britain Eakin

  A New York federal judge on Tuesday temporarily barred the Trump administration from deporting Afghan nationals to Pakistan, cementing the government's assurances that it has no removal flights planned this week in a temporary restraining order.

• Calif. Justices Unsure If 'Headless' PAGA Claims Are OK

  By Max Kutner

  The California Supreme Court did not appear to fully indicate which way it was leaning Tuesday in a case dealing with whether workers can bring what are known as headless claims under the state's Private Attorneys General Act, meaning claims only on behalf of other workers and not themselves.

• 10M Walmart, EBay Users Included In Certified Amazon Class

  By Bryan Koenig

  An order unsealed Monday gives a number and lays out criteria for the class of millions of consumers certified last month in a Washington federal court lawsuit accusing Amazon of creating an artificial, anticompetitive pricing floor for goods sold on other platforms and not just on its own.