Top Stories

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  Trump Sues IRS, Treasury For $10B Over Tax Doc Leak

  By Rae Ann Varona

  President Donald Trump is seeking at least $10 billion in damages in a new lawsuit filed Thursday in Miami feder...(read more)

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  Calif. Jury Convicts Ex-Google Engineer Of Stealing AI Secrets

  By Bonnie Eslinger

  A California federal jury on Thursday found former Google software engineer Linwei Ding guilty of seven counts o...(read more)

• Mangione Won't Face Death Penalty, Judge Rules

  By Pete Brush

  A Manhattan federal judge on Friday took the death penalty off the table for Luigi Mangione, dismissing a capital count and setting up an October trial that could see him go to prison for life without the possibility of release.

• AstraZeneca Seals China Obesity Drug Deal For Up To $18.5B

  By Najiyya Budaly

  Biotechnology giant AstraZeneca has struck a licensing deal worth up to $18.5 billion with CSPC Pharmaceutical of China to develop weight-loss drugs, the companies said Friday, as Western investment in China ramps up.

• Attacks Haven't Killed Judiciary's AI Rule, May Strengthen It

  By Jeff Overley

  Federal judiciary advisers Thursday confronted the most extensive opposition yet in their campaign to ensure the reliability of evidence utilizing artificial intelligence, but the criticism appeared constructive, possibly upping the odds of a digital age addition to U.S. court rules.

• Fed's Master Account Stance Goes Too Far, 2nd Circ. Told

  By Jon Hill

  The Federal Reserve's claim of broad discretion to cut financial institutions off from master accounts could turn these U.S. payment system gateways into potential tools of partisan warfare, an attorney for a Puerto Rico bank told a Second Circuit panel Thursday.

• Boies Schiller Hits Meta With Arbitration Bids Over Addiction

  By Hailey Konnath

  Boies Schiller Flexner LLP on Thursday filed a number of arbitration demands against Meta Platforms Inc. on behalf of young Instagram users, claiming that the social media company's products are harmful and intentionally designed to hook young people.

• Ex-Worker Says Goldstein Offered Crypto, Gifts As IRS Probed

  By Jared Foretek

  A former employee at Thomas Goldstein's law firm who resigned after the Internal Revenue Service began investigating the firm said that the SCOTUSblog founder suddenly began offering her bitcoin, payment from case settlements and potential student loan relief after federal agents visited the office.

• Interim DHS Funding Cools Shutdown Threat For Now

  By Courtney Bublé

  The White House and Senate Democrats have reached a deal to temporarily fund the U.S. Department of Homeland Security and give lawmakers time to make reforms to immigration enforcement, an agreement that cools talks of a government shutdown.

• SEC Lays Out Taxonomy For Tokenized Securities Trading

  By Jessica Corso

  Publicly traded companies that convert their shares into cryptocurrency are still subject to U.S. Securities and Exchange Commission regulations, agency staff said Wednesday as they outlined a classification scheme for trading in tokenized securities.

• DCA Midair Collision: One Year Later

  By Linda Chiem

  Investigators' determination that the Federal Aviation Administration ignored repeated warnings about near-misses and risky helicopter traffic around the nation's capital is expected to spur regulatory reforms and potentially heighten the government's legal exposure in civil litigation stemming from the deadly midair collision in Washington, D.C., a year ago.

• CFTC's Selig Eyes Prediction Markets Rules In Debut Speech

  By Aislinn Keely

  U.S. Commodity Futures Trading Commission Chairman Michael Selig on Thursday delivered his first public remarks as the agency's leader, laying out an agenda that includes setting rules for prediction markets and collaborating closely with the U.S. Securities and Exchange Commission on a variety of cryptocurrency initiatives.

• US Gymnast's Bronze Medal Case Revived By Swiss Court

  By Caroline Simson

  Switzerland's highest court has vacated an arbitral award stripping U.S. gymnast Jordan Chiles of her Olympic bronze medal during the 2024 Summer Games in Paris, saying footage from a documentary crew that was not considered by the arbitrators has provided enough evidence to revive her case.

• Bondi Elevates Pa. US Atty Amid Appointments Scrutiny

  By Matthew Santoni

  The first assistant U.S. attorney for the Western District of Pennsylvania is being retained and elevated to full U.S. attorney, Attorney General Pamela Bondi announced Thursday, though the appointment will have to remain temporary or he could face the same questions about his appointment as other top prosecutors in President Donald Trump's administration.