Top Stories

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  Warsh Clinches Trump's Nomination For Fed Chair

  By Jon Hill

  President Donald Trump is nominating former Federal Reserve Gov. Kevin Warsh to lead the central bank as its nex...(read more)

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  Trump Sues IRS, Treasury For $10B Over Tax Doc Leak

  By Rae Ann Varona

  President Donald Trump is seeking at least $10 billion in damages in a new lawsuit filed Thursday in Miami feder...(read more)

• Rio Tinto, Chalco Acquire Stake In Brazil's CBA For $903M

  By Al Barbarino

  Rio Tinto and Aluminum Corp. of China Ltd., or Chalco, have agreed to acquire Votorantim's controlling stake in Companhia Brasileira de Aluminio through a jointly owned vehicle, in a deal valuing the Brazilian aluminum producer at about $902.6 million.

• FTC Requires Facility Sales For $835M Healthcare Deal

  By Matthew Perlman

  The Federal Trade Commission reached an agreement Friday allowing Sevita Health to move ahead with an $835 million deal for BrightSpring Health Services Inc.'s community living business, conditioned on the sale of more than 100 facilities.

• Attys Rip Judge-Shopping Sanctions As Bid To 'Rewrite' Rules

  By Jake Maher

  Two Alabama attorneys who were sanctioned for allegedly judge shopping in a civil rights case urged the Eleventh Circuit to toss the sanctions Friday, arguing the judges accusing them were seeking to "rewrite" the Federal Rules of Civil Procedure.

• Mangione Won't Face Death Penalty, Judge Rules

  By Pete Brush

  A Manhattan federal judge on Friday took the death penalty off the table for Luigi Mangione, dismissing a capital count and setting up an October trial that could see him go to prison for life without the possibility of release.

• AstraZeneca Seals China Obesity Drug Deal For Up To $18.5B

  By Najiyya Budaly

  Biotechnology giant AstraZeneca has struck a licensing deal worth up to $18.5 billion with CSPC Pharmaceutical of China to develop weight-loss drugs, the companies said Friday, as Western investment in China ramps up.

• Attacks Haven't Killed Judiciary's AI Rule, May Strengthen It

  By Jeff Overley

  Federal judiciary advisers Thursday confronted the most extensive opposition yet in their campaign to ensure the reliability of evidence utilizing artificial intelligence, but the criticism appeared constructive, possibly upping the odds of a digital age addition to U.S. court rules.

• Fed's Master Account Stance Goes Too Far, 2nd Circ. Told

  By Jon Hill

  The Federal Reserve's claim of broad discretion to cut financial institutions off from master accounts could turn these U.S. payment system gateways into potential tools of partisan warfare, an attorney for a Puerto Rico bank told a Second Circuit panel Thursday.

• Boies Schiller Hits Meta With Arbitration Bids Over Addiction

  By Hailey Konnath

  Boies Schiller Flexner LLP on Thursday filed a number of arbitration demands against Meta Platforms Inc. on behalf of young Instagram users, claiming that the social media company's products are harmful and intentionally designed to hook young people.

• Ex-Worker Says Goldstein Offered Crypto, Gifts As IRS Probed

  By Jared Foretek

  A former employee at Thomas Goldstein's law firm who resigned after the Internal Revenue Service began investigating the firm said that the SCOTUSblog founder suddenly began offering her bitcoin, payment from case settlements and potential student loan relief after federal agents visited the office.

• Interim DHS Funding Cools Shutdown Threat For Now

  By Courtney Bublé

  The White House and Senate Democrats have reached a deal to temporarily fund the U.S. Department of Homeland Security and give lawmakers time to make reforms to immigration enforcement, an agreement that cools talks of a government shutdown.

• SEC Lays Out Taxonomy For Tokenized Securities Trading

  By Jessica Corso

  Publicly traded companies that convert their shares into cryptocurrency are still subject to U.S. Securities and Exchange Commission regulations, agency staff said Wednesday as they outlined a classification scheme for trading in tokenized securities.

• DCA Midair Collision: One Year Later

  By Linda Chiem

  Investigators' determination that the Federal Aviation Administration ignored repeated warnings about near-misses and risky helicopter traffic around the nation's capital is expected to spur regulatory reforms and potentially heighten the government's legal exposure in civil litigation stemming from the deadly midair collision in Washington, D.C., a year ago.