Top Stories

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  Comcast Hit With $213M Verdict In Streaming Patent Case

  By Adam Lidgett

  Comcast is on the hook for $213 million after a Florida federal jury found Thursday that it infringed a rival's ...(read more)

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  4 Firms Guide $16.3B Penske Automotive Take-Private Deal

  By Al Barbarino

  Penske Automotive Group Inc. said Thursday it has agreed to be taken private by its controlling shareholder, Pen...(read more)

• Huawei Founder Played It Cool In FBI Interview, Jury Hears

  By Stewart Bishop

  A former FBI agent on Thursday told a Brooklyn federal jury about an interview he conducted with Huawei founder and CEO Ren Zhengfei, saying the executive suggested that the Chinese telecommunications firm had no direct dealings with Iran and respected intellectual property rights.

• Ex-NFL Player Seeks $300M Over Career-Ending Hip Surgery

  By Dorothy Atkins

  Former Cleveland Browns wide receiver David Bell sued more than a dozen entities in a $300 million medical malpractice lawsuit filed in Pennsylvania state court Thursday, alleging he was duped into having an unnecessary hip surgery that nearly killed him and ended his promising NFL career.

• Colo. Panel Upholds Agency's Emissions Monitoring Rule

  By Rachel Konieczny

  The Colorado Court of Appeals upheld a state agency's rule on emissions monitoring Thursday, wholly rejecting a challenge by environmental groups that contended the rule allows most polluters to escape certain monitoring requirements by paying a fee.

• Trump Admin Urges High Court To Curb APA Rule Vacatur

  By Jared Foretek

  The Trump administration is asking the U.S. Supreme Court to decide whether the Administrative Procedure Act allows federal judges to universally vacate agency rules in what could be a major test of the judiciary's authority to check executive agency power.

• Norfolk Southern On The Hook For $1.6M In Age Bias Suit

  By Kelcey Caulder

  An Alabama federal judge entered final judgment Thursday in favor of a former longtime Norfolk Southern worker who claimed the Atlanta-based company and two subsidiaries violated federal age discrimination law by forcing him out of his job, cementing a jury's $1.6 million verdict for the worker.

• White House Crypto Aide Exits Role

  By Aislinn Keely

  White House crypto aide Patrick Witt announced Thursday that he's left his post, a departure that comes after key crypto legislation stalled in the U.S. Senate last month.

• NYC Comptroller Urges Anthropic To Ease Risks Before IPO

  By Nate Beck

  New York City Comptroller Mark Levine is urging Anthropic PBC to pause plans for an initial public offering it says could value the company at $2 trillion, calling on the business to first resolve concerns over the technology's governance, safety and development pace.

• Cyber Incident Halts Bankruptcy Court Noticing Nationwide

  By Hilary Russ

  The nationwide system for providing notice to creditors in bankruptcy cases has been disrupted by a cybersecurity incident, and it is not currently known when the outage will end.

• 4 Firms Steer $6.1B CCC Intelligent Solutions Take-Private

  By Al Barbarino

  Four law firms are advising on an agreement announced Thursday to take insurance software provider CCC Intelligent Solutions Holdings Inc. private at an enterprise value of about $6.1 billion.

• Sweden's Biggest Bank To Pay $33M NY Fine Over AML Gaps

  By Jon Hill

  New York's financial services regulator has ordered Sweden's largest bank to pay a $33 million fine to resolve findings of past anti-money laundering deficiencies at its Baltic subsidiaries that allegedly exposed U.S. banks to heightened financial crimes risk.

• 11th Circ. Says Ga. Can Enforce Social Media Age Check Law

  By David Aaro

  The Eleventh Circuit struck down an injunction Thursday that blocked Georgia from enforcing its age verification law for social media platforms, finding that internet trade group NetChoice hadn't shown it was likely to prevail on its legal challenge to the statute.

• OCC Says Big Banks Cut Off Customers Over Reputation Risk

  By Jon Hill

  The Office of the Comptroller of the Currency is leveling fresh criticism at the biggest U.S. banks over so-called debanking, releasing a report that finds their use of reputational risk policies led to numerous instances of customers being "disadvantaged" based on their ideological views.