Credit markets are starting to buckle under pressure from soaring yields and fund outflows, leaving strategists fearing a rupture as the economy slows. | Continue reading
Ikea’s North American unit must face allegations by Innovaport LLC that its mobile app and website infringe four patents that help locate a product within a store and pair the results with other relevant information, a Wisconsin federal judge ordered Friday. | Continue reading
The artist behind a viral sculpture featuring a banana taped to a wall at the 2019 Art Basel fair in Miami was unable to immediately shake a lawsuit claiming he copied the artwork from another artist. | Continue reading
Women at Oracle Corp. suing over alleged pay disparities took a big step backward, while more than 15,000 female workers at Google crossed the finish line. | Continue reading
A machine called DABUS is the rightful inventor of a light beacon and a beverage container, computer scientist Stephen Thaler will argue to the Federal Circuit on Monday in a battle over whether or not a human must be the inventor of a patent. | Continue reading
The Federal Trade Commission has faced a multitude of challenges to its enforcement authority, but there are signs that a recharged Commission will seek a consumer privacy comeback in the next year. Businesses should prepare for an active, robust, and empowered consumer privacy w … | Continue reading
Apple Inc. lost its bid to exit antitrust litigation over claims it bans competing app distribution platforms from the iOS App Store, when a federal judge in Oakland, Calif., ruled that allegations of increasingly aggressive policies brought the case within the statute of limitat … | Continue reading
Valve Corp. must face antitrust litigation over claims that “most favored nation” policies for its Steam distribution platform have driven up video game prices across the industry, a federal judge in Seattle ruled. | Continue reading
Texas attorney Christopher Phillippe thought the deal was simple: Get money up front to pay for litigation costs and pay it back only if he wins in court. | Continue reading
JPMorgan Chase & Co. said it will remove Russian bonds from all of its widely-tracked indexes, following MSCI Inc., Bloomberg LP and other benchmark providers in withdrawing the nation’s assets from key gauges. | Continue reading
At least two of China’s largest state-owned banks are restricting financing for purchases of Russian commodities, underscoring the limits of Beijing’s pledge to maintain economic ties with one of its most important strategic partners in the face of sanctions by the U.S. and its a … | Continue reading
The Justice Department is collecting a trove of information on dozens of investment firms and researchers engaged in short selling as part of a sweeping U.S. hunt for potential trading abuses, according to people with knowledge of the matter. | Continue reading
The SEC’s long-delayed proposal requiring companies to report ties between their financial showing and executive compensation is bringing back corporate jitters that misleading information would cloud shareholder voting. | Continue reading
Johnson & Johnson and the three largest U.S. drug distributors agreed to pay about $590 million to more than 400 Native American tribes to settle lawsuits over the opioid epidemic. | Continue reading
Alphabet Inc.‘s Google is trying to shield chief marketing officer Lorraine Twohill from being questioned in a consumer lawsuit alleging that the company’s web browser tracks users even when they’re in “Incognito” mode. | Continue reading
Pfizer Inc. is alleging a “soon-to-be-former employee” misappropriated thousands of files, including documents with trade secrets related to its Covid-19 vaccine, in a California federal court lawsuit. | Continue reading
Barclays Plc, Société Générale SA, Scotiabank, and London Gold Market Fixing Ltd. will pay a combined $50 million to end antitrust litigation over an alleged scheme to rig the gold “fix,” a key pricing benchmark, according to a federal court filing in Manhattan. | Continue reading
One mistakenly pluralized word could cost law firms Orrick, Herrington & Sutcliffe and Cleary Gottlieb Steen & Hamilton hundreds of millions of dollars. | Continue reading
South Dakota has become a leading jurisdiction for the very wealthy to protect their assets. Tax attorney Andrew Leahey outlines why the state has become so popular and argues for the elimination of domestic asset protection trusts (DAPTs), not privacy provisions, to discourage t … | Continue reading
In a court filing last week, Instagram sent a blunt message to anyone thinking of accusing it of facilitating infringement: You signed up for this. A close look at major social media platforms’ user terms shows that Instagram is not alone in acquiring broad content rights—and tha … | Continue reading
Crypto is weird because it combines an ethos of absolute libertarianism — a focus on incentive design, a belief in the inevitable rightness of market outcomes, a sense of personal responsibility for any mistakes — with an ethos of collaborative open-source software development. | Continue reading
Struggles in Florida to get hospitals enough oxygen for influxes of Covid-19 patients are likely a harbinger of heightened medical supply shortages nationwide as coronavirus cases persist and the delta variant rages. | Continue reading
Video game giant Activision Blizzard Inc., maker of games including World of Warcraft and Diablo, fosters a “frat boy” culture in which female employees are subjected to constant sexual harassment, unequal pay, and retaliation, according to a lawsuit filed by the California Depar … | Continue reading
Amazon.com Inc. and other employers in Pennsylvania must pay workers for time spent waiting for and going through mandatory security screenings after their shifts, the commonwealth’s top court ruled Wednesday. | Continue reading
The U.S. agency leading the fight against Covid-19 gave up a crucial surveillance tool tracking the effectiveness of vaccines just as a troublesome new variant of the virus was emerging. | Continue reading
The misuse of facial recognition at business or public premises without legal authorization constitutes an infringement of privacy rights, China’s Supreme People’s Court says in rules released on website Wednesday. | Continue reading
The movement to bring climate-risk “products” to market has led financial advisers to start guiding clients toward incorporating this new class of risks and opportunities into investments, says Alicia Karspeck, with FabricRQ, a risk management firm. Climate change will become a c … | Continue reading
A new Senate bill to legalize marijuana would let cannabis companies use banking services and trade on major stock exchanges, according to a person involved in negotiations on the legislation, a potentially dramatic breakthrough for an industry long stymied by federal restriction … | Continue reading
Robinhood Markets Inc., which had sought to go public this month, has seen its listing plans slowed in recent weeks by a back-and-forth with regulators over its prospectus, according to people familiar with the matter. | Continue reading
The Department of Homeland Security is withdrawing a 2018 proposed rule that would have ended a program allowing international entrepreneurs into the country to start businesses and create jobs. | Continue reading
Clearview AI Inc. is battling what the company calls an “unprecedented” attempt by consumers in Illinois to convince a court to block its facial recognition technology. | Continue reading
Dell Technologies Inc. said it will spin off its stake in VMware Inc., creating two publicly traded companies and raising cash to pay down debt. Its shares jumped on the announcement. | Continue reading
Big public companies’ disclosures about climate change risks in their annual reports surged last year, amid growing pressure from regulators and investors. | Continue reading
Apple must pay $308.5 million to closely held Personalized Media Communications after a federal jury in Marshall, Texas, decided on Friday that the tech giant infringed a patent related to digital rights management. | Continue reading
A Tesla Inc. investor sued CEO Elon Musk and its board in Delaware, claiming Musk has exposed the company to billions in potential liability and market losses by continuing to send “erratic” tweets, despite a settlement with regulators requiring pre-approval of his social media a … | Continue reading
Powerhouse attorney Paul Clement is pressing a Tennessee court for DNA testing to prove a man’s innocence in a potential history-making case that could turn on a single word. | Continue reading
President Joe Biden has the chance to make good on his past statements condemning the use of noncompete clauses for American workers by making good appointments to the Federal Trade Commission, says Sandeep Vaheesan, legal director at the Open Markets Institute. Noncompetes limit … | Continue reading
The Coca-Cola Company has launched one of the legal industry’s most rigorous outside counsel diversity programs yet, requiring law firms to give a portion of work to Black attorneys specifically and withholding a nonrefundable 30% of fees from those that fail to meet diverse staf … | Continue reading
United Parcel Service Inc. agreed to sell its short-haul trucking business for $800 million, the first substantial move in the “better-not-bigger” strategy that Carol Tome developed since taking over as chief executive officer in June. | Continue reading
President Donald Trump, on the eve of facing a historic second impeachment trial for inciting the insurrection at the U.S. Capitol last week, is having trouble finding a legal team to defend him. | Continue reading
Uber drivers say the company unlawfully pressured them to support a ballot initiative that would make gig workers independent contractors, according to a lawsuit filed Thursday in San Francisco Superior Court by a proposed class of California drivers. | Continue reading
Facebook Inc. is again being sued for allegedly spying on Instagram users, this time through the unauthorized use of their mobile phone cameras. | Continue reading
Tesla Inc. can’t dismiss competitor Nikola Corp.'s claims in San Francisco federal court that the proposed design for a new Tesla truck infringes design patents in Nikola’s flagship “Nikola One” hydrogen-powered semitruck. | Continue reading
Health supplement maker Herbalife agreed to pay $123 million to resolve U.S. criminal and civil charges that it paid bribes to Chinese officials. | Continue reading