Top Stories

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  Hino Motors Inks $1.6B Deal To End Emissions Fraud Claims

  By Linda Chiem

  Toyota unit Hino Motors Ltd. will pay approximately $1.6 billion in criminal and civil penalties to close out cl...(read more)

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  Trump's AG Pick Tries To Assure Congress On Independence

  By Courtney Bublé

  President-elect Donald Trump's nominee for attorney general attempted to assuage uneasiness from Democrats on We...(read more)

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• BREAKING: Giuliani No-Show Delays NY Trial Over Assets

  By Pete Brush

  Rudy Giuliani on Thursday failed to appear in New York federal court for a bench trial on whether he must turn over assets to fund a $148 million defamation judgment, delaying the proceedings.

• Ardian Lands $30B For Historic Secondaries Investment Fund

  By Jade Martinez-Pogue

  Private equity shop Ardian has clinched its ninth secondaries fund after amassing $30 billion of investor commitments, making it the largest ever secondaries fund to close globally to date, according to a Thursday statement.

• UK Probes Keysight's £1.2B Offer For Telecoms Biz Spirent

  By Najiyya Budaly

  Britain's antitrust authority said Thursday that it has launched a formal probe into the £1.16 billion ($1.42 billion) takeover offer made by U.S. technology company Keysight Technologies for Spirent Communications, a U.K. telecoms testing specialist.

• Novartis Wins Temporary Stay Of MSN's Generic Heart Drug

  By Lauren Berg

  The D.C. Circuit late Wednesday temporarily halted the U.S. Food and Drug Administration's approval of MSN Pharmaceuticals' generic version of Novartis' blockbuster heart failure drug Entresto, just after federal judges in D.C. and Delaware declined to block the launch of MSN's product.

• Gilead, Feds Resolve HIV Drug Patent Dispute Amid Appeal

  By Hailey Konnath

  Gilead Sciences and the federal government have agreed to dismiss all claims and counterclaims in a yearslong intellectual property and contract battle over HIV prevention drugs Truvada and Descovy, according to stipulations of voluntary dismissal filed Wednesday in both the Federal Circuit and Delaware federal court.

• SEC's Last-Minute Musk Suit Could Be Scuttled Under Trump

  By Jessica Corso

  The U.S. Securities and Exchange Commission's latest lawsuit against Elon Musk is unlikely to be viewed favorably by the incoming administration of President-elect Donald Trump, which may press for a lesser penalty or even move to dismiss the case outright, attorneys told Law360 on Wednesday.

• Drake Says Violence Followed UMG Boosting 'Pedo' Claim

  By Lauren Berg

  Universal Music Group chose greed over the safety of its artists when it launched a campaign to boost the popularity of Kendrick Lamar's single "Not Like Us," which the record label knew falsely accused Drake of being a "certified pedophile," the Canadian rapper alleged Wednesday in a Manhattan federal lawsuit.

• Energy Secretary Nominee Emphasizes Production At Hearing

  By Madeline Lyskawa

  Energy secretary nominee Christopher Wright promised on Wednesday to "unleash American energy at home and abroad," as Democratic and Republican senators questioned him on his commitment to carrying out transmission permitting reform and increasing nuclear energy generation.

• Feds Sue Southwest Over 'Chronically Delayed Flights'

  By Dorothy Atkins

  The U.S. Department of Transportation says Southwest Airlines Co. must pay more than $2.1 million in civil penalties for "chronically delayed flights" in a lawsuit filed in California federal court Wednesday, the same day Frontier Airlines Inc. agreed to pay the government $650,000 to resolve similar allegations.

• Energy Giants Escape NYC's Climate Deception Suit

  By Keith Goldberg

  A New York state judge has dismissed the Big Apple's suit accusing Exxon, BP and Shell of deceiving the public about the climate change effects of their operations, saying the city has failed to allege its consumer protection laws were violated.

• FTC Orders Hosting Service GoDaddy To Bolster Data Security

  By Allison Grande

  Web-hosting provider GoDaddy has agreed to overhaul its data security practices to resolve the Federal Trade Commission's claims that the company failed to implement adequate measures to safeguard its services against cyberattacks that risked harm to its millions of customers, the commission said Wednesday.

• 9th Circ. Eyes Undoing Trans Patients' Win In ACA Bias Suit

  By Kellie Mejdrich

  The Ninth Circuit seemed inclined Wednesday to strike down a trial court win for patients who challenged Blue Cross Blue Shield of Illinois' administration of their employer-provided health plans containing gender-affirming care exclusions, with two judges questioning why those employers weren't part of the case.