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Latest News in Corporate
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April 28, 2026
Battery-maker Duracell cannot escape chemical company BASF Corp.'s lawsuit accusing it of stealing trade secrets about its lithium battery technology after gaining access to the information through a cooperation agreement, a Delaware federal judge ruled Tuesday.
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April 28, 2026
Billionaire Elon Musk testified in a California federal jury trial Tuesday that OpenAI executives Sam Altman and Greg Brockman illegally converted OpenAI into a for-profit company after he invested $38 million under the condition the ChatGPT-maker would remain a nonprofit, creating a potential precedent for "looting in every charity in America."
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April 28, 2026
Investors told a Texas jury that Exxon Mobil Corp. inflated the value of its stock by misrepresenting how much money its Kearl Lake operations were making, saying Tuesday that the oil giant hid the truth to snag a better interest rate in a bond offering.
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April 28, 2026
A Georgia federal judge has recommended granting Booz Allen Hamilton's bid to toss a whistleblower suit from a Black former senior executive after finding that his suit failed to allege his bosses knew about his complaints of time fraud before he was fired two years ago.
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April 28, 2026
An insurance company urged the Fourth Circuit not to review a panel's earlier decision unraveling certification for more than 4,000 of the insurance company's 401(k) plan participants on claims they lost millions from underperforming BlackRock Inc. target date funds, arguing against two ex-workers' bid for en banc review.
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