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A fresh legal clash is unfolding over the future of prediction markets in the United States, with federal regulators moving swiftly against Minnesota after the state approved the country’s toughest restrictions yet on the industry. The Commodity Futures Trading Commission filed a lawsuit Tuesday seeking to stop Minnesota from enforcing a newly signed law that …

Washington Challenges Minnesota’s Sweeping Crackdown on Prediction Markets Read More »

Sam Altman walked out of federal court with a legal victory. What he did not leave with was a cleaner reputation. A California jury dismissed Elon Musk’s lawsuit against OpenAI, ruling that the billionaire entrepreneur had waited too long to challenge the company’s transformation from a nonprofit research lab into a commercial powerhouse. The decision …

OpenAI Wins the Case, But Altman Leaves Court With New Questions Hanging Over Him Read More »

The U.S. Justice Department has issued an extraordinary directive shielding President Donald Trump, his family members and affiliated companies from any future IRS audits tied to past tax matters. The one-page order, signed by acting Attorney General Todd Blanche, states that federal tax authorities are permanently blocked from reopening or examining tax filings submitted before …

Trump Tax Truce Locks IRS Out of Past Scrutiny Read More »

The ideological tug-of-war inside the U.S. judiciary is no longer confined to the Supreme Court. Increasingly, some of the fiercest legal battles are emerging from the federal appeals court seated in New Orleans — the powerful 5th U.S. Circuit Court of Appeals — whose rulings have repeatedly tested the limits of even the Supreme Court’s …

Fifth Circuit’s Conservative Crusade Keeps Colliding With America’s Highest Court Read More »

A New York courtroom delivered a split ruling Monday in the case against Luigi Mangione, the 28-year-old charged with the fatal shooting of Brian Thompson outside a Manhattan hotel in late 2024. Justice Gregory Carro refused to block prosecutors from presenting what they describe as the murder weapon, along with a notebook allegedly containing violent …

Judge Lets Key Evidence Stand in Luigi Mangione Murder Case, But Tosses Part of Backpack Search Read More »

A federal jury in Boston has delivered a costly verdict against Japanese drugmaker Takeda Pharmaceutical Company, concluding that the company used an unlawful strategy to keep cheaper versions of its constipation medicine Amitiza off the U.S. market for years. The panel found Takeda responsible for roughly $885 million in damages after siding with wholesalers, insurers, …

Jury Hits Takeda Over Amitiza Deal, Opening Door to Multi-Billion Dollar Antitrust Blow Read More »

The legal cloud hanging over Indian billionaire Gautam Adani began to lift dramatically on Monday after the administration of U.S. President Donald Trump moved to shut down criminal fraud proceedings tied to the Adani empire, while also resolving a separate sanctions-related investigation involving one of the group’s flagship firms. The decision marks a sharp reversal …

Trump DOJ Drops Adani Prosecution as Conglomerate Signals Massive US Expansion Read More »

The legal reach of Title IX is heading back under the spotlight after the U.S. Supreme Court agreed to hear a closely watched dispute over whether university employees can directly sue schools for sex discrimination under the landmark education law. The case arrives from Georgia, where two former university employees — ex-Georgia Tech women’s basketball …

Supreme Court Takes Up Battle Over Whether Campus Employees Can Sue Under Title IX Read More »

The Trump administration has shut the door on one of the most unusual legal fights in recent American political history — by settling Donald Trump’s lawsuit against the Internal Revenue Service through the creation of a massive federal compensation fund aimed at alleged victims of political targeting. Under the agreement announced Monday, the Justice Department …

Trump Ends IRS Battle as White House Unveils $1.8 Billion “Anti-Weaponization” Fund Read More »

Elon Musk’s courtroom offensive against OpenAI ended in defeat Monday after a California federal jury rejected his claims that the company abandoned its founding mission and misled him during its early years. The decision arrived quickly. After a trial stretching nearly three weeks and packed with accusations of betrayal, greed and deception, jurors deliberated for …

Jury Sinks Musk’s Case Against OpenAI, Clearing Runway for Potential Mega IPO Read More »