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Latest News in Corporate
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June 09, 2026
Residents of a Mississippi suburb have accused Elon Musk's xAI and SpaceX companies of upending their community's "small-town charm" by operating a noisy power plant to power massive artificial intelligence data centers, saying in a proposed federal class action that the operations diminish their home values and quality of life.
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June 09, 2026
A New York federal judge Tuesday preliminarily signed off on Visa Inc. and Mastercard Inc.'s proposed $200 billion settlement with millions of merchants despite dozens of objections from potential class members, saying it was too soon to tell if the complaints are pervasive or "confined to a vocal minority."
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June 09, 2026
A Washington federal judge declined Tuesday to block a state law passed to protect prescription drug access for low-income and uninsured patients, rejecting arguments from AbbVie and Novartis that the new measure illegally adds to pharmaceutical manufacturers' obligations under the federal 340B Drug Pricing Program.
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June 09, 2026
A group of writers, including Pulitzer Prize-winning journalist John Carreyrou, will have to pursue their claims of copyright infringement against Anthropic, Apple, Google, Perplexity AI, Nvidia and xAI in separate lawsuits, a California federal judge ruled, siding with the tech giants.
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June 09, 2026
The Ninth Circuit directed a district court on Tuesday to vacate an order that forced a former UPS driver to arbitrate her wage claims against the shipping solutions chain, saying the lower court committed "clear error" by refusing to determine the basis for its authority to compel arbitration.
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