Top Stories

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  Rio Tinto, Glencore Scrap $200B Merger Talks

  By Al Barbarino

  Rio Tinto said Thursday it is abandoning its possible merger with Glencore, about a month after the mining compa...(read more)

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  Paul Weiss' Karp Steps Back After Epstein Email Revelations

  By Hailey Konnath and Aebra Coe

  Longtime Paul Weiss Rifkind Wharton & Garrison LLP chair Brad S. Karp has resigned from his leadership role, the...(read more)

• Tyson Won't Have To Hand Over Poultry Welfare Records

  By Jarek Rutz

  The Delaware Chancery Court on Thursday recommended against greenlighting a Tyson Foods Inc. stockholder's effort to obtain wide-ranging internal records about poultry welfare and labor practices, concluding the plaintiff failed to show a credible basis to suspect corporate wrongdoing that would justify further inspection.

• BREAKING: Uber Hit With $8.5M Verdict In 1st Fed. Sex Assault Bellwether

  By Bonnie Eslinger

  An Arizona federal jury on Thursday found that Uber wasn't negligent with respect to rider safety but was liable for the actions of a driver who allegedly sexually assaulted a passenger in 2023, awarding the rider $8.5 million in damages in the first such federal bellwether trial.

• SDNY Chief Says Office Has Eye On Prediction Markets

  By Jessica Corso

  The Southern District of New York's top prosecutor said Thursday that his office is thinking about how the current laws apply to prediction markets, and said that he expects fraud cases to be brought against those taking advantage of those markets.

• Novo Threatens Hims & Hers With Suit Over GLP-1 'Knockoff'

  By Mark Payne

  Novo Nordisk said in a Thursday announcement it plans to take legal action against Hims & Hers Health Inc. after the telehealth company revealed a "knockoff" version of Novo's popular weight loss drug Wegovy earlier in the day. 

• DOJ Tells Immigration Board, Limit Cases Without Novel Issue

  By Tom Lotshaw

  The U.S. Department of Justice on Thursday issued a rule directing its Board of Immigration Appeals to swiftly dismiss cases that don't raise "novel" issues to confront a backlogged docket of noncitizens contesting removal orders and other immigration court decisions.

• KKR Buying Pro Sports Investor Arctos In $1.4B Deal

  By Al Barbarino

  KKR & Co. Inc. said Thursday it has agreed to acquire Arctos Partners in a transaction valued at $1.4 billion in initial consideration, in a deal that will give the private equity firm a $15 billion sports-investing platform.

• FDA Changes 'No Artificial Colors' Food Claims Rules

  By Emily Field

  The U.S. Food and Drug Administration on Thursday said that companies can promote their products as containing "no artificial colors" when the colors aren't derived from petroleum, a move intended to make it easier for companies to claim that their foods aren't artificially colored.

• Judiciary Backs Bill To Let Judges Carry Concealed Guns

  By Courtney Bublé

  The federal judiciary has come out in support of a Republican-led bill to allow judges and prosecutors to carry concealed firearms across state lines, according to a letter obtained by Law360.

• 4 Firms Build Genius Sports' $1.2B Legend Acquisition

  By Jade Martinez-Pogue

  Sports data, technology and broadcast partner Genius Sports Ltd. unveiled plans Thursday to acquire digital sports and gaming network Legend in a $1.2 billion deal that was built by four law firms.

• Judge Who Resigned To Criticize Trump Had Faced Inquiry

  By Chris Villani

  Former Massachusetts U.S. District Judge Mark L. Wolf was the subject of an inquiry into potential misconduct when he announced his November resignation, a decision he said at the time was motivated by a desire to speak out against the Trump administration, according to a source familiar with the matter.

• Amazon Screenings Are 'Hours Worked,' Conn. Justices Rule

  By Aaron Keller

  Amazon security screenings count as "hours worked" under Connecticut state employment law, and no legal exception permits the retailer to withhold pay for time spent on minimal matters at the end of a worker's shift, the state supreme court ruled unanimously on Thursday.

• Retailer Francesca's Hits Ch. 11 To Support Wind-Down

  By Ben Zigterman

  Francesca's, a women's clothing boutique, filed for Chapter 11 bankruptcy relief Thursday in New Jersey to support an orderly store closing and wind-down of its business.