Top Stories

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  Trump Tells Federal Agencies To Drop 'Woke' Anthropic Tech

  By Lauren Berg

  President Donald Trump on Friday forbade federal government agencies from using Anthropic's artificial intellige...(read more)

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  Wachtell Lipton Steers OpenAI On $110B Amazon-Led Funding

  By Al Barbarino

  Wachtell Lipton-advised OpenAI said Friday that it has completed a $110 billion funding round that values the ar...(read more)

• Chancery Orders Receiver As EpicentRx Fails to Pay $425K

  By Jarek Rutz

  The Delaware Chancery Court on Monday appointed a limited receiver to force clinical-stage biotech company EpicentRx to satisfy outstanding advancement and sanction obligations owed to its former corporate secretary Stephen Davis, finding that repeated contempt rulings and escalating fines failed to bring the company into full compliance.

• 5th Circ. Judge Flags 'Pretty Extreme' Timing Of Barista Firing

  By José Luis Martínez

  A Fifth Circuit judge said on Monday that the timing of Starbucks' firing of a California barista was "pretty extreme" and that management's words about benefits "do matter" as the court weighed the coffee giant's bid to overturn two unfavorable rulings by the National Labor Relations Board.

• Perplexity Says It Didn't Knowingly Infringe Papers' Content

  By Elliot Weld

  Artificial intelligence startup Perplexity AI Inc. is asking a New York federal court to dismiss parts of a pair of lawsuits brought by The New York Times and Chicago Tribune claiming its search engine spits out verbatim portions of their writing, arguing the suits contain no allegations that Perplexity was acting with volition.

• Supreme Court Seems To Favor Gun Rights For Pot User

  By Elizabeth Daley

  U.S. Supreme Court justices appeared skeptical Monday of government arguments that barring marijuana users from owning guns is legal, pointing out that the government's chosen historical analog, laws disarming drunks, only applied to gun owners who were regularly dangerously intoxicated — qualities not necessarily present in modern cannabis users.

• Fed. Circ. Quickly Releases Mandate In Trump Tariff Case

  By Kevin Pinner

  Businesses and states that successfully challenged President Donald Trump's global tariff regime can proceed with their efforts to seek refunds, as the Federal Circuit expedited the release of its mandate in the case to the U.S. Court of International Trade on Monday.

• Skadden-Led Energy Co. AES Agrees To $10.7B Buyout

  By Al Barbarino

  AES Corp., guided by Skadden Arps Slate Meagher & Flom LLP, said Monday that it has agreed to be acquired by a consortium of infrastructure investors led by Blackrock's Global Infrastructure Partners and EQT Infrastructure VI in a deal with a $10.7 billion equity value and a $33.4 billion enterprise value. 

• DOJ Drops Law Firm Executive Order Appeals

  By Alison Knezevich and Lauren Berg

  The Trump administration told the D.C. Circuit on Monday that it is dropping its fight over executive orders targeting four law firms.

• Meta Loses Coverage For Social Media Addiction Suits

  By Hope Patti

  A group of insurers have no duty to defend Meta Platforms Inc. against thousands of lawsuits accusing the social media giant of designing its platforms to be addictive to adolescents, a Delaware state court ruled, finding that the underlying allegations describe deliberate acts rather than accidental conduct.

• Yukos Shareholders Win $66B Judgment Against Russia

  By Lucia Osborne-Crowley

  Investors in Yukos Oil won their battle with the Russian government on Monday as the High Court ruled that the federation's attempts to quash a £66 billion ($88 billion) judgment in the investors' favor had already been tossed out by lower courts.

• Justices Pass On $55M Arbitrator Misconduct Petition

  By Caroline Simson

  The U.S. Supreme Court declined Monday to take up a petition asking it to resolve whether an arbitration conducted by a three-member tribunal was fundamentally fair if one arbitrator "functionally abandoned his post" during a hearing.

• Justices Reject Jurisdiction Row In PFAS Suit Against 3M

  By Tom Lotshaw

  The U.S. Supreme Court on Monday declined to review a Fourth Circuit decision ruling that lawsuits against 3M Co. from state attorneys general over environmental contamination from forever chemicals belong in federal court.

• Justices Reject Latest Bid To Nix Baseball's Antitrust Shield

  By Matthew Perlman

  The U.S. Supreme Court refused to review baseball's long-standing exemption from federal antitrust law on Monday, in a case accusing a league in Puerto Rico of forcing out a team's owners.