Top Stories

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  Legal Job Sector Continued 5-Month Growth Streak In July

  By Tracey Read

  For the fifth straight month, the U.S. legal industry experienced job growth, adding 600 positions in July, acco...(read more)

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  Plaintiffs Seek $345M For Fatal Crash In Tesla Autopilot Trial

  By Carolina Bolado

  The plaintiffs in a suit seeking to hold Tesla accountable for a fatal crash in the Florida Keys asked jurors Th...(read more)

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• Feds Won't Retry Madigan Co-Defendant After Mistrial

  By Celeste Bott

  Prosecutors asked an Illinois federal judge on Friday to dismiss charges against ex-Illinois House Speaker Michael Madigan's longtime confidant Michael McClain after a jury was unable to reach a decision on the counts against McClain when the pair were tried together.

• EPA Beats Coolant Cos.' Challenge To HFC Regs

  By Juan-Carlos Rodriguez

  The D.C. Circuit on Friday rejected refrigerant companies' challenges to a law requiring the U.S. Environmental Protection Agency to phase down the use of hydrofluorocarbons and said the cap-and-trade program implementing the law was based on sound methodology.

• Fiber Internet Co. Everstream Cleared For $385M Ch. 11 Sale

  By Clara Geoghegan

  A Texas bankruptcy judge signed off Friday on the going-concern sale of fiber network provider Everstream, which plans to use proceeds from the $384.6 million sale of its business to exit Chapter 11.

• 4th Circ. Says Court Can Hear Asbestos Spinoff's Ch. 11

  By Rick Archer

  The Fourth Circuit Friday found Georgia-Pacific asbestos unit Bestwall can stay in Chapter 11, saying a debtor's financial status has no bearing on whether a bankruptcy court has jurisdiction over its case.

• Spectris Backs Advent's Improved £4.2B Offer In Snub To KKR

  By Najiyya Budaly

  High-tech instruments manufacturer Spectris said Friday that it is throwing its support behind a sweetened £4.2 billion ($5.6 billion) cash offer from U.S. private equity shop Advent, which has turned its head away from a £4.1 billion courtship from KKR.

• Appeals Court Resurrects DC's Privacy Suit Against Facebook

  By Allison Grande

  A Washington, D.C., appeals court Thursday revived a lawsuit from the district's attorney general accusing Facebook of misleading users about how their data could be shared with Cambridge Analytica and other third-party apps, finding the lower court relied on too high an evidence standard in axing the claims.

• White House Unveils New Tariffs On Dozens Of Countries

  By Hailey Konnath

  President Donald Trump on Thursday announced a slew of new tariffs on nearly 70 countries that range from roughly 10% to 40%, unveiling the tariffs a day before his pause on worldwide "reciprocal" tariffs was set to expire Friday.

• 11th Circ. Says 'Urban Cowboy' Can Amend Taken Horses Suit

  By Kelcey Caulder

  A divided Eleventh Circuit on Thursday granted a Georgia man whose horses were seized by Atlanta-area authorities a fresh shot at amending a lawsuit over the seizure, with the majority saying the lower court wrongly found that amending the suit was futile under the Fifth Amendment's takings clause.

• 'Abusive Behavior' Spurs $195M Add To Phillips 66 IP Verdict

  By Cara Salvatore

  A California state judge added $195 million in exemplary damages to a $605 million trade secrets verdict against oil giant Phillips 66 following its "abusive behavior" toward startup and onetime acquisition target Propel Fuels.

• SEC's Atkins Launches 'Project Crypto' To Overhaul Policy

  By Aislinn Keely

  U.S. Securities and Exchange Commission Chairman Paul Atkins said Thursday that he's mobilized staff across the agency to craft rules and exemptions for digital assets, a plan aimed at bringing the crypto industry back onshore with a recent set of White House recommendations serving as the "blueprint."

• Flo Settles Privacy Fight Midtrial, Leaving Meta To Face Jury

  By Dorothy Atkins

  Flo Health Inc. told a California federal judge Thursday it had reached an agreement to settle claims that its popular menstrual-tracking app illegally shared sensitive health data of millions of women with Meta Platforms Inc. and Google, partially resolving a sweeping privacy case midtrial, and leaving Meta as the sole remaining defendant.

• Del. Court OKs Investor Check Of Trade Desk Charter Move

  By Jeff Montgomery

  A Delaware magistrate in Chancery issued a split decision Thursday on document demands by a stockholder of The Trade Desk Inc. who sought, in part, details on the company's conversion into a Nevada chartered business, allegedly in order to preserve a billionaire co-founder's control.