Top Stories

• 

  Terraform Founder Gets 15 Years For 'Epic' $40B Crypto Scam

  By Pete Brush

  A Manhattan federal judge hit Terraform founder Do Kwon with a 15-year prison sentence Thursday, saying he cause...(read more)

• 

  NASCAR Inks Midtrial Antitrust Deal With Teams

  By Hayley Fowler

  NASCAR has agreed to give its race teams permanent contracts as part of an otherwise confidential settlement tha...(read more)

ADVERTISEMENT


• DoorDash, Uber Sue NYC To Block Checkout Tip Prompt Law

  By Rae Ann Varona

  DoorDash and Uber Eats filed suit together Thursday in Manhattan federal court, seeking to block two New York City laws that the food delivery companies say force them to solicit tips before or as customers check out, in an alleged violation of the companies' constitutional rights.

• Grants Can Be Axed For Political Reasons, DOJ Atty Says

  By Jared Foretek

  A Trump administration lawyer said Thursday that the president had blanket authority to cancel every discretionary grant slated for states that broke against him in the general election, and it wouldn't amount to a violation of the Fifth Amendment's equal protection guarantee.

• Feds Reportedly Fail To Reindict NY AG Letitia James, Again

  By Lauren Berg

  New York Attorney General Letitia James' attorney Thursday celebrated reports that another Virginia federal grand jury declined to reindict her on charges of mortgage fraud, the second jury in a week to reject a case President Donald Trump had pushed prosecutors to pursue against a political opponent he's called "guilty as hell."

• NY Gov. Signs Landmark AI Bill On 'Synthetic' Ad Performers

  By Hailey Konnath

  New York Gov. Kathy Hochul on Thursday signed into law landmark legislation requiring disclosure of the use of any artificial intelligence-generated "synthetic" performers in advertisements and also requiring the consent of heirs or executors to use the name, image or likeness of a person who has died.

• 'Totally Unacceptable': Alsup Rips Feds In Student Loan Deal

  By Bonnie Eslinger

  U.S. District Judge William Alsup on Thursday denied the U.S. Department of Education's request for an 18-month extension to process over 200,000 loan cancellation applications for students claiming they were defrauded by colleges they attended, calling it "totally unacceptable" and setting an April deadline to get the job done.

• FTC Challenges $725M Construction Adhesives Deal

  By Bryan Koenig

  The Federal Trade Commission filed suit Thursday in New York federal court to challenge a $725 million merger combining Loctite with Liquid Nails, arguing that joining "the clear top two brands of construction adhesives" would drive up costs for home building and improvement.

• 10th Circ. Reveals Judge Contacted Ex-Atty In 'Tiger King' Case

  By Ivan Moreno

  A Tenth Circuit panel considering a copyright infringement claim against Netflix over a video clip in its popular "Tiger King" docuseries has requested the parties' input on whether a judge on the panel should recuse himself after inadvertently contacting a former attorney of the plaintiff last month on an unrelated legal matter.

• Duolingo, CoStar Prevail In Font Patent Fight At Fed. Circ.

  By Adam Lidgett

  The Federal Circuit on Thursday refused to revive a pair of computer font patents challenged by Duolingo Inc. and CoStar Realty Information Inc., backing the Patent Trial and Appeal Board findings that the patents were invalid.

• White House Pushes Halligan's Confirmation Despite Hurdles

  By Courtney Bublé

  The White House is forging ahead with its bid to win confirmation of the president's controversial pick for U.S. attorney for the Eastern District of Virginia after a federal judge ruled she was serving illegally on an interim basis.

• 6th Circ. Panel Shows No Leanings On PBM Jurisdiction Fight

  By Mark Payne

  A Sixth Circuit appeals panel gave few hints Thursday on whether it would send back to state court a lawsuit from Ohio alleging that pharmacy benefit managers were driving up prescription prices through rebate schemes. 

• Grassley Urges White House To Step It Up On Noms

  By Courtney Bublé

  Sen. Chuck Grassley, chair of the Senate Judiciary Committee, had a message for the White House Thursday: "Get on the ball" with nominations for U.S. attorneys and the judiciary.

• Sembcorp Entering Australia With $4.3B Alinta Energy Deal

  By Al Barbarino

  Singapore's Sembcorp Industries said Thursday it has agreed to acquire Alinta Energy, marking the company's entry into the Australian power market, through a deal valued at AU$6.5 billion, or about $4.3 billion, including debt.