Top Stories

• 

  ADM To Pay $40M To Resolve SEC Accounting Fraud Claims

  By Hailey Konnath

  Archer-Daniels-Midland Co. has agreed to shell out $40 million to put to rest U.S. Securities and Exchange Commi...(read more)

• 

  TikTok Cuts Deal As 1st Social Media Bellwether Trial Begins

  By Dorothy Atkins

  TikTok reached an eleventh-hour settlement late Monday in the first bellwether trial over claims that social med...(read more)

• Jordan Card Seller Found Guilty Of Faking 'Mint' Grades

  By Pete Brush

  A Manhattan federal jury on Wednesday convicted a Washington state man of meticulously faking grades to boost the value of big-dollar trading cards, including an iconic Michael Jordan rookie card, to rip off buyers seeking collectibles in prime condition.

• Judiciary Panel Gets Earful On Legal Financing, Subpoenas

  By Jeff Overley

  Plans to overhaul federal rules involving recusal and subpoenas fueled spirited debate Tuesday before a judiciary panel, as prominent lawyers outlined forceful views on transparency in third-party litigation funding as well as relaxed policies for serving court documents and obtaining trial testimony.

• 'Dirty Little Secret': Airbus Sued Over Toxic Cabin Air

  By Lauren Berg

  Airbus is putting profits over the wellbeing of flight crews and passengers by refusing to take simple actions that could mitigate the potential for engine contaminants to leak into cabin air through the plane manufacturer's air system design, according to a lawsuit filed Tuesday in New York federal court.

• Google's Allegedly Stolen AI Secrets Not Valuable, Jury Told

  By Bonnie Eslinger

  Former Google engineer Linwei Ding's counsel wrapped his defense case Tuesday, questioning a technical expert who told a California federal jury that the documents taken by Ding related to artificial intelligence supercomputers wouldn't allow someone to replicate Google's technology and had minimal value to competitors.

• NTSB Torches FAA In DCA Midair Collision Probe

  By Linda Chiem

  The Federal Aviation Administration for years ignored repeated warnings of close calls and mismanaged high-volume helicopter and commercial jet traffic at one of Washington, D.C.'s busiest airports, as the National Transportation Safety Board on Tuesday flagged "systemic failures" that led to January 2025's midair collision.

• UBS Wants Hayes' $400M Malicious Prosecution Suit Axed

  By Jon Hill

  UBS AG has asked a Connecticut state court to throw out former trader Tom Hayes' lawsuit that alleges the bank scapegoated him for Libor-rigging, arguing the case doesn't belong in the state and improperly seeks to punish the bank for cooperating with prosecutors.

• Reversed Rejection Offers Hope For AI Patent Applicants

  By Ryan Davis

  A Patent Trial and Appeal Board decision last month reversing an examiner's patent eligibility rejection of an artificial intelligence patent application shows that last year's guidance from the director of the patent office is providing a clearer path to securing AI patents, attorneys say.

• Feds Say Evidence Clear As Sports Card Case Goes To Jury

  By Pete Brush

  A Manhattan federal jury on Tuesday weighed charges against a Washington state man accused of duping buyers of pricey sports trading cards by faking their condition, after prosecutors said "a mountain of evidence" proves the defendant ran a lucrative forgery operation.

• 7th Circ. Probes Firm's Oral Agreement To Fees From Fund

  By Celeste Bott

  Two Seventh Circuit judges on Tuesday pressed a Ballard Spahr LLP attorney to address why his firm didn't secure in writing that an investment fund would foot the legal bills of one of its officers, as the law firm is arguing to the appellate court that it has a valid claim to legal fees in the fund's bankruptcy proceedings based on an oral agreement.

• Texas Gov. Freezes New H-1B Hiring By Agencies, Colleges

  By José Luis Martínez

  Texas Gov. Greg Abbott directed certain state agencies and public colleges Tuesday to stop sponsoring new nonimmigrant workers under the federal H-1B visa program until mid-2027, unless they have explicit permission from the state's employment agency.

• Trump Admin's 'Irrational' Block On Wind Project Lifted

  By Julie Manganis

  A Massachusetts federal judge on Tuesday lifted a Trump administration freeze on the nearly complete Vineyard Wind offshore energy project, saying the government had likely flouted federal law by failing to explain a "disconnect" between its stated concerns about national security and its willingness to allow completed turbines to continue operating.

• Apple Accused Of Stealing Webcam Functionality For IPhones

  By Elliot Weld

  Apple was sued Tuesday by a company claiming it was induced into developing technology allowing for high-fidelity imaging in a smartphone that Apple then stole for use in iPhones.