Generic drugmaker Viatris has sued Danish pharmaceutical giant Novo Nordisk in Delaware federal court, seeking a ruling that its proposed generic of Novo's blockbuster GLP-1 drug Wegovy would not violate Novo's patent rights. reuters.com/legal/legalindus…
Stablecoin giant Circle Internet Group said on Friday its chief financial officer, Jeremy Fox-Geen, plans to step down after more than five years in the role. reuters.com/legal/transactio…
Paramount Skydance said on Friday it would move the listing of its Class B common stock from Nasdaq to the New York Stock Exchange. reuters.com/legal/government…
Holtec Nuclear withdrew its initial public offering registration statement with the US Securities and Exchange Commission on Friday, more than a week after it suspended its planned IPO. reuters.com/legal/government…
A woman who accused musician Jay-Z of rape in a 2024 lawsuit has recanted her claim and said she never met the billionaire rapper. reuters.com/legal/litigation…
A bipartisan group of US lawmakers introduced legislation on Friday to bar the federal government from equipping sensitive government systems with Chinese-made components used to transmit data in AI data centers. reuters.com/legal/litigation…
Shareholders of British automotive software firm Pinewood Technologies on Friday approved a £545 million ($721.14 million) take-private deal by US private equity firm Ridgeview Partners. reuters.com/business/uks-pin…
Kansas City Fed President Jeff Schmid said that as the artificial intelligence boom unfolds it will be important for the Fed to understand if the network of firms and contracts developing in the industry is becoming so large it is too big to fail. reuters.com/business/finance…
A growing wall of US corporate debt is set to mature from 2027, putting pressure on companies to refinance borrowings raised at ultra-low interest rates during the pandemic. reuters.com/legal/transactio…
US prosecutors in California have seized millions of dollars from bank accounts and cryptocurrency wallets tied to a Montana payments company reportedly linked to Tether. reuters.com/legal/government…
Merck and Daiichi Sankyo have voluntarily withdrawn their US application seeking accelerated approval for their experimental lung cancer therapy, the companies said on Friday. reuters.com/legal/litigation…
The remaining $93 million in the package approved by Congress does not have to be spent by the end of the year, but it will expire if it is not formally placed under contract by then. reuters.com/world/trump-admi…
Insurance underwriter TFP Group, better known as The Fidelis Partnership, filed for a US initial public offering on Friday, as the fall IPO window looks to gain momentum after a tepid start. reuters.com/business/fidelis…
Startup DaVoice has sued Perplexity AI in California federal court for allegedly stealing trade secrets related to "wake word" technology for AI assistants. reuters.com/legal/legalindus…
FBI personnel data recently stolen by the ShinyHunters hackers includes sensitive psychiatric and medical evaluation records, according to the hackers and documents reviewed by Reuters. reuters.com/world/shinyhunte…
India's Zee Entertainment has asked the Delhi High Court to initiate contempt proceedings against Reliance-Disney joint venture JioStar, alleging it continued to use copyrighted content despite a court injunction, a legal filing shows. reuters.com/world/india/indi…