Top Stories

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  Boeing Settles Latest 737 Max Ethiopian Air Case Before Trial

  By Celeste Bott

  Boeing has agreed to settle the wrongful death case of a man who lost his parents and sister in the Ethiopian Ai...(read more)

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  Retailer Saks Global Hits Ch. 11 With Over $3B Debt

  By Rick Archer and Alex Wittenberg

  The parent company of luxury department store chain Saks Fifth Avenue filed for Chapter 11 protection Wednesday ...(read more)

• 3 Firms Advise On Boston Scientific's $14.5B Penumbra Deal

  By Al Barbarino

  Allen Overy Shearman Sterling and Arnold & Porter are advising Boston Scientific Corp. on an agreement announced Thursday for the global medical technology company to purchase Davis Polk-advised Penumbra Inc. at a $14.5 billion enterprise value. 

• DHS Can Axe '11th Hour' Venezuelan Protections, 9th Circ. Told

  By Dorothy Atkins

  The Trump administration urged the Ninth Circuit on Wednesday to vacate its summary judgment loss so that the government can continue to unwind temporary protected status for 600,000 Venezuelans, arguing that U.S. Department of Homeland Security Secretary Kristi Noem had the authority to terminate the Biden administration's "eleventh hour" protections.

• Google Ex-Staffer Attys In 'Grave Danger' Of Testimony Misstep

  By Bonnie Eslinger

  A California federal judge appeared open Wednesday to letting prosecutors introduce previously suppressed evidence from the FBI's interview with an ex-Google engineer accused of stealing trade secrets, telling defense counsel that their efforts to paint Google and the government as in cahoots raised a "grave danger" he'd allow the evidence.

• Pharmacy Wields Antitrust Law In Challenge To GLP-1 Giants

  By Lauren Berg

  Eli Lilly & Co. and Novo Nordisk are using their dominant positions in the market for weight loss and diabetes medications to squash potential competitors, including through unlawful exclusivity agreements with telehealth providers, a compounding pharmacy alleged Wednesday in what it calls a landmark antitrust lawsuit.

• Meta Wants Zuckerberg's Old 'Hot-Or-Not' Site Out Of LA Trial

  By Craig Clough

  Meta's attorney on Wednesday urged a California judge overseeing bellwether trials over claims social media harms young users' mental health to ban mention of the attractiveness-rating website Mark Zuckerberg created at Harvard, saying the plaintiffs want female jurors to see Zuckerberg as "a bad guy" and Facebook as "born in sin."

• EPA's Cost Analysis U-Turn May Invite Courtroom Inquiries

  By Keith Goldberg

  The U.S. Environmental Protection Agency's decision to no longer put a dollar value on health benefits when crafting certain air pollution rules could be scrutinized in lawsuits, which could force the agency to justify departing from its long-standing practice.

• Jury Seated In Goldstein Trial, Arguments To Start Thursday

  By Jared Foretek

  A federal jury was seated in Thomas Goldstein's felony tax and mortgage fraud case Wednesday, but the government will wait until Thursday to begin making its case.

• SEC To Lean On Congress As Defense In High Court Case

  By Jessica Corso

  The U.S. Supreme Court is once again stepping into the debate over when the U.S. Securities and Exchange Commission can demand that alleged fraudsters give up ill-gotten gains, but this time the agency plans to argue a 2021 government spending bill should save it from further limits to its disgorgement powers.

• Google Inks $8.25M Deal Over Kids' App Data Privacy

  By Rae Ann Varona

  Google has agreed to an $8.25 million settlement that, if approved, will fully resolve a potential class action that children filed in California federal court through their parents, accusing the tech giant of secretly tracking the personal information of children under the age of 13 through child-directed apps.

• Judge Questions If Workers' Attys Can Handle AI Bias Class

  By Grace Elletson

  A California federal judge called out the attorneys for a proposed class of workers who accused human resources software company Workday of using biased artificial intelligence to screen out job applicants, saying Wednesday that evidence indicated they'd been "asleep at the wheel."

• FCC Still Weighing 39% Broadcast Cap, Carr Tells Lawmakers

  By Christopher Cole

  The Federal Communications Commission hasn't decided whether the law gives it wiggle room to lift the 39% cap on national audience share controlled by a single broadcast chain, a move that would let Nexstar merge with Tegna, the FCC's chief told lawmakers Wednesday.

• Justices Wary Of NJ's Immunity Defense In Transit Injury Suits

  By Carla Baranauckas

  The U.S. Supreme Court signaled skepticism Wednesday toward New Jersey's bid to cloak its public transit system in sovereign immunity, repeatedly questioning why the state chose the corporate form and rejected liability for the agency's debts but now insists the entity functions as an arm of the state.