Top Stories

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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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  Authors Win Cert. In Copyright Suit Against Anthropic

  By Elliot Weld

  A California federal judge on Thursday certified a class of copyright owners of books in the online pirate libra...(read more)

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• 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.

• Trump Creates 'Schedule G' For 'Non-Career' Federal Workers

  By Hailey Konnath

  President Donald Trump announced Thursday a new "non-career, policy oriented" classification for federal workers called "Schedule G," a group of workers the White House said would help "faithfully implement the president's policy agenda."

• FDA Signs Off On Juul E-Cig Products After 5-Year Review

  By Hailey Konnath

  The U.S. Food and Drug Administration on Thursday gave Juul the green light to market five e-cigarette products, although the FDA noted that the long-awaited authorization "does not mean these tobacco products are safe, nor are they FDA-approved."

• 3 Crypto Bills Pass House, With Stablecoins Headed To Trump

  By Aislinn Keely

  The House of Representatives on Thursday agreed to send a bill to regulate stable-value tokens to the president's desk, in addition to advancing proposals to regulate crypto markets and ban the government from exploring the issuance of a digital dollar onto the Senate.

• Fed. Circ. Scraps $21M IP Win For 'Comfy' Sweatshirt Maker

  By Ryan Davis

  The Federal Circuit on Thursday overturned a more than $21 million judgment against Top Brand LLC for infringing Cozy Comfort Co.'s design patent and trademarks on its "The Comfy" sweatshirt featured on "Shark Tank," saying no reasonable jury could have found infringement.

• Justices' 'Tea Leaves' Don't OK Illegal FTC Firing, Court Says

  By Bryan Koenig and Lauren Berg

  A D.C. federal judge ordered the restoration of a fired Federal Trade Commission Democrat's job Thursday, setting up a D.C. Circuit clash that could go to the U.S. Supreme Court on her conclusion that President Donald Trump violated a law permitting the termination of FTC members only for cause.

• Wis. Senators Send List Of Bipartisan 7th Circ. Picks To Trump

  By Courtney Bublé

  The senators from Wisconsin, one Republican and one Democrat, have sent President Donald Trump a list of five candidates for the seat of the Seventh Circuit that is slated to open in October.

• Senate Moves Closer To Confirming Trump's NTIA Chief Nom

  By Christopher Cole

  The U.S. Senate stepped closer Thursday to confirming President Donald Trump's choice to lead the government agency that manages federal use of spectrum.

• 4th Circ. Orders New Trial After Doc Acquitted In Fraud Case

  By Mark Payne

  A Fourth Circuit panel ordered a new trial for a doctor who received a judge's acquittal after a jury found him guilty of alleged healthcare fraud, finding that the jury had sufficient evidence to convict, but the case was "close," and the district court was correct in hedging and allowing another shot at the case.

• Robotics Co. Investors Settle De-SPAC Suit For $7.5M In Del.

  By Jeff Montgomery

  Investors in a special purpose acquisition company that took artificial intelligence company Berkshire Grey Inc. public for $2.25 billion in mid-2021 have reported a $7.5 million proposed settlement intended to end a breach of fiduciary duty suit in Delaware's Court of Chancery.

• 5 Things To Know As California Courts Decide On AI Rule

  By Emily Sawicki

  Fourteen months after California Supreme Court Chief Justice Patricia Guerrero first convened a task force to study potential benefits and risks of using artificial intelligence in the court system, the Judicial Council of California is poised Friday to consider the proposed rules and standards the task force developed.