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Latest News in Corporate
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August 19, 2026
Amazon is pressing the full Ninth Circuit to consider a lower court's injunction preventing Perplexity's "uniquely reckless" artificial intelligence tool from purchasing items for users on Amazon, arguing that a panel erred in lifting the block earlier this month.
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August 19, 2026
A Meta whistleblower testified Wednesday in a California federal jury trial over states' claims Meta hid social media's harms that Meta CEO Mark Zuckerberg ignored calls for Meta to prioritize kids' safety while publicly touting Meta's safety practices, saying "I feel that you just cannot trust Mark Zuckerberg with kids."
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August 19, 2026
The Second Circuit on Wednesday revived a shareholder lawsuit over alleged misstatements about Signature Bank's health ahead of its 2023 collapse, finding that a New York federal court was wrong to toss the case because securities fraud claims against the defunct bank do not transfer to the Federal Deposit Insurance Corp. as the banks' receiver.
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August 19, 2026
Abbott Laboratories Inc. has struck a deal with a family that won a $495 million judgment against the U.S. pharmaceutical company in a bellwether trial over claims that its baby formula caused a premature baby to suffer a disabling condition, after a midlevel appellate court upheld the win, according to court filings.
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August 19, 2026
Retailers and other businesses that use consumers' personal data to set individualized prices are likely to face regulatory backlash if these practices aren't clearly disclosed, the Federal Trade Commission cautioned in a proposed policy statement issued Wednesday that vowed the agency would "aggressively" enforce such misconduct.
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