The U.S. Federal Communications Commission voted along party lines on Thursday to repeal landmark 2015 rules aimed at ensuring a free and open internet, setting up a court fight over a move that could recast the digital landscape. Full Article
Delaware's Supreme Court ruled on Thursday that a lower court erred in finding that the 2013 buyout of computer maker Dell Inc was vastly underpriced, in an opinion that will likely restrict a hedge fund strategy aimed at wringing cash from mergers. Full Article
A U.S. regulatory panel on Thursday called for watchdogs to closely monitor risks created by financial innovation, warning that "fintech" and virtual currencies such as bitcoin threaten to disrupt the traditional financial services industry. Full Article
Recent Legal News
WASHINGTON The state of Hawaii and the American Civil Liberties Union on Tuesday urged the U.S. Supreme Court not to allow President Donald Trump's latest travel ban that would bar entry of people from six Muslim-majority countries to go into full effect after it was partially blocked by lower courts.
An aspiring British actress sued Harvey Weinstein in New York federal court on Monday accusing the movie producer of sex trafficking by inviting her to a hotel room in France and sexually assaulting her.
WASHINGTON Opioid drug abuse, which has ravaged parts of the United States in recent years, cost the economy as much as $504 billion in 2015, White House economists said in a report made public on Sunday.
U.S. President Donald Trump on Tuesday stood by his criticism of pay TV and wireless company AT&T's deal to buy movie and TV show maker Time Warner Inc, which the Justice Department has sued to stop. | Video
SAN FRANCISCO As part of its $103 billion bid to buy Qualcomm Inc, Broadcom Ltd has hinted that it would make big changes to Qualcomm's patent licensing business, a major cash-cow for the company but a source of bitter conflict with regulators and key customers including Apple Inc.
NEW YORK New leadership at Puerto Rico's beleaguered electric utility may not be sufficient to compensate for missteps following Hurricane Maria that led to delayed work, recurrent blackouts and more than $500 million in contracts with untested companies now under federal investigation.
WASHINGTON The White House asked the U.S. Supreme Court on Monday to allow President Donald Trump's latest travel ban to take full effect after an appeals court in California ruled last week that only parts of it could be enacted.
A federal court judge in California on Monday blocked an executive order from President Donald Trump to deny some federal grants to so-called sanctuary cities, undermining the administration's crackdown on illegal immigration.
NEW YORKIn August, a dozen inventors gathered around a fire pit outside the headquarters of the U.S. Patent and Trademark Office in Alexandria, Virginia, and set alight patents they said had been rendered worthless by an overreaching federal government.
A former New York state employee has filed a federal lawsuit alleging she was sexually harassed by a onetime political appointee of Governor Andrew Cuomo, part of a wave of such accusations leveled in recent weeks against public figures.
A federal appeals court ruled on Thursday that certain anti-vaccination beliefs are not religious in nature and cannot form the basis of a lawsuit claiming discrimination by an employee who refuses to get a flu shot. Read more
The U.S. Supreme Court agreed to decide whether the U.S. Constitution limits how far lawmakers can go to redraw voting districts to favor one political party over another in a case that could have huge consequences for American elections. Full Article
To prove they were defrauded by a corporation’s lies, shareholders suing as a class have to show they lost money when the fraud was revealed. That’s a simple enough idea: If you didn’t lose money because of the fraud, you don’t have a claim.