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Latest News in Corporate
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August 10, 2026
A New York federal judge agreed Monday to toss fraud charges accusing Adani Group Chairman Gautam S. Adani of misleading investors about a $250 million bribery scheme to score solar energy contracts, while sharply criticizing the U.S. Department of Justice's "highly unusual" move to drop the case.
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August 10, 2026
Veloxis Pharmaceuticals Inc. will enter a deferred prosecution agreement and pay more than $46 million to resolve criminal and civil allegations that the North Carolina-based drug manufacturer paid kickbacks to spur prescriptions and purchases of its kidney transplant immunosuppression drug Envarsus XR, the U.S. Department of Justice announced Monday.
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August 10, 2026
California's governor on Monday rolled out a first-of-its-kind initiative to help state agencies, local governments and critical infrastructure providers use artificial intelligence to detect and respond to increasingly sophisticated cyberthreats and be better prepared for incidents fueled by emerging AI technologies.
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August 10, 2026
The Ninth Circuit on Monday affirmed an insurance company's win in an ex-worker's suit alleging his long-term disability benefits stemming from his bout with long COVID were wrongfully denied, upholding a district court's decision to back the insurer's denial based on the medical evidence.
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August 10, 2026
A Colorado federal judge has declined to toss a shareholder class action against patient transportation company ModivCare Inc. over its alleged failure to disclose the negative impact of certain contract renegotiations, finding that the investors pled actionable misstatements made by the company.
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