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Latest News in Corporate
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August 05, 2026
Three investment funds affiliated with Black Diamond Capital Management have sued HGIM Corp. in Delaware's Court of Chancery, accusing the marine transportation company of stonewalling their request to inspect corporate records tied to CEO Shane J. Guidry's push for majority control of the company.
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August 05, 2026
ContextLogic Holdings Inc. and affiliates will purchase chemicals maker gChem from EagleTree Capital and co-investors at an $850 million enterprise value, the companies announced Wednesday.
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August 04, 2026
Apple said Monday it now has reason to believe at least 11 additional former employees retained or used its proprietary information when they left the company for OpenAI, calling the situation at the artificial intelligence company "misappropriation at the organizational level."
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August 04, 2026
A New York federal judge on Tuesday rejected a request by some state attorneys general for discovery into the Justice Department's antitrust settlement reached midtrial with Live Nation, ruling that the scope of the request is "unclear" but the AGs can try again with "narrow and targeted requests."
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August 04, 2026
A Fifth Circuit panel wanted to know whether the lower court should have gone "provision by provision" before halting a Texas law that requires app store owners to block minors from downloading apps without parental consent, suggesting the lower court needed to do more while weighing the legislation's constitutionality.
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