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Latest News in Corporate
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May 13, 2026
Microsoft's chief technology officer testified in a California federal jury trial Wednesday over Elon Musk's challenge to OpenAI's for-profit conversion, recalling that he proposed Microsoft invest significant resources into OpenAI's for-profit arm to stay competitive despite his initial concerns over whether OpenAI's nonprofit donors had agreed to the for-profit partnership.
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May 13, 2026
An epidemiology professor at the University of California, San Francisco testified Wednesday in a Los Angeles bellwether trial over claims Johnson & Johnson's talc products caused deadly ovarian cancer in three women, saying there are multiple studies concluding the product increases the risk of the disease, including one finding a "very powerful" risk.
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May 13, 2026
An Illinois appellate panel has reversed a summary judgment win for a Chicago attorney and her law firm in a legal malpractice dispute, saying a jury must evaluate whether her ex-client lost his workers' compensation case because of her failure to introduce a medical expert's opinion or whether he could have prevailed on appeal had the attorney filed one.
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May 13, 2026
A Texas-based financial technology company told a state court Wednesday it has agreed to a $7.8 million resolution of the Massachusetts attorney general's claims that it misled consumers about its "lease-to-own" contracts for consumer merchandise, causing customers to pay "far more than the retail price for their merchandise."
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May 13, 2026
The Delaware Chancery Court on Wednesday handed a win to former Fairstead partner William Blodgett in a fight over whether two affiliates of Fairstead, a real estate firm, could use their LLC agreements to punish him for conduct that an arbitrator found breached his employment agreement.
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