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  Chevron Beats Exxon Challenge, Completes $53B Hess Deal

  By Caroline Simson and Al Barbarino

  Chevron said Friday that it has completed its $53 billion acquisition of Hess following a favorable arbitral awa...(read more)

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  2nd Circ. Overturns Ex-HSBC Exec's 2017 Fraud Conviction

  By Sarah Jarvis

  The Second Circuit on Thursday overturned the conviction of a former HSBC executive accused of defrauding a Scot...(read more)

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• As Trump Signs Stablecoin Bill, Attorneys Talk Compliance

  By Aislinn Keely

  President Donald Trump on Friday signed into law a bill to regulate stablecoins, known as the Genius Act, and practitioners are now turning their attention to helping firms comply with both the provisions of the statute and the coming rulemakings from regulators.

• CME Exec Defends Traders' Membership Values On The Stand

  By Celeste Bott

  CME Group CEO Terry Duffy testified on Friday that a data center the company built to accommodate electronic trading did not violate rights promised to members when they were asked to vote on a demutualization he characterized as a "windfall for every single person who owned membership on the exchange."

• Judge Questions Basis For Planned Parenthood Funding Cuts

  By Julie Manganis

  A Massachusetts federal judge on Friday pressed the government for any plausible rationale, besides retaliation, for a provision in Congress' budget reconciliation that will prevent Planned Parenthood and its affiliates from receiving Medicaid reimbursements if any one of them offers abortion services.

• Fed. Circ. Frees Medtronic From $125M Patent Judgment

  By Ryan Davis

  The Federal Circuit on Friday overturned a more than $125 million judgment against Medtronic's CoreValve unit for infringing a Colibri Heart Valve LLC patent, saying changes made to the patent during examination mean that Medtronic should not have been found to infringe.

• Sony Judge Finds 'Glaring' Issues In PlayStation Deal, Motion

  By Bonnie Eslinger

  A California federal judge found "glaring shortcomings" in a $7.85 million deal Sony Interactive Entertainment struck to resolve antitrust claims over downloadable game card prices, saying that settlement credits are "generally disfavored," and the preliminary approval motion lacked information on what might have been won at trial.

• Trump Asks Supreme Court To Decline Early Tariff Challenge

  By Natalie Olivo

  President Donald Trump's administration urged the U.S. Supreme Court to reject a request from Illinois-based toy makers to hear their challenge against the White House's global tariffs, arguing the justices should not "leapfrog" parallel proceedings in circuit courts.

• Apple Says Tech Analyst, YouTuber Conspired To Leak IOS 26

  By Elliot Weld

  A tech product analyst improperly accessed a former Apple employee's iPhone used for product development and conspired with a YouTuber to publicly leak details of the yet-to-be-released iOS 26 operating system, Apple Inc. said in a suit filed Thursday in San Francisco federal court.

• Judge Unsure Of Alternatives To Nationwide Birthright Ruling

  By Chris Villani

  A Massachusetts federal judge on Friday wrestled with how the government would implement any alternatives to a nationwide block on President Donald Trump's order limiting birthright citizenship and what type of decision would comply with recent high court precedent.

• Sanofi Completes $9.5B Buy Of Blueprint

  By Dawood Fakhir

  French multinational pharmaceutical company Sanofi, led by Weil Gotshal & Manges LLP, said Friday that it has completed the up to $9.5 billion acquisition of its U.S. rival Blueprint Medicines Corp., being guided by Goodwin Procter LLP.

• Fashion-Tech Biz Founder Charged With $300M Investor Fraud

  By Pete Brush

  The founder of bankrupt apparel technology company CaaStle Inc. defrauded investors out of $300 million, federal prosecutors in Manhattan said Friday, unsealing an indictment charging her with using sham documents to falsely promote a "rapidly growing business" supposedly worth $1.4 billion.

• BP To Sell US Wind Biz To Greenberg Traurig-Led LS Power

  By Dawood Fakhir

  Energy giant BP PLC said Friday that it has agreed to sell its onshore wind business in the U.S. to LS Power, which is being advised by Greenberg Traurig, as it presses ahead with a $20 billion asset disposal program to simplify its group structure.

• PE Firm Advent To Buy Reckitt's Cleaning Biz In $4.8B Deal

  By Najiyya Budaly

  Consumer goods giant Reckitt said Friday that it will sell 70% of its Essential Home business, which houses its Air Wick and Calgon brands, to U.S. private equity firm Advent in a $4.8 billion deal.