National News

Boehringer Ingelheim Faces Second Hung Jury in Chicago Zantac Trial

The latest trial over claims that the discontinued heartburn drug Zantac causes cancer ended with a hung jury on Wednesday, as jurors in Chicago were unable to agree on whether Boehringer Ingelheim must pay damages to an Illinois man who …

Hedge Fund Two Sigma in $100M Settlement Talks With SEC, WSJ Reports

Hedge fund Two Sigma is likely to have to pay as much as $100 million to resolve a U.S. Securities and Exchange Commission probe into a trading scandal at the firm, the Wall Street Journal reported on Thursday. The U.S. …

Live Nation Seeks to End U.S. States’ Claim of Damages for Concertgoers

Live Nation Entertainment asked a federal judge in New York on Thursday to dismiss several states’ claims that the live event promoter harmed event-goers by stifling competition with its ticket-selling arm, Ticketmaster. Live Nation seeks to dismiss part of the …

More Than 250,000 U.S. Properties Reported to Have Repeated NFIP Claims

More than a quarter million U.S. properties have repeated claims for federal flood insurance, costing the National Flood Insurance Program billions of dollars in claims, according to new federal data compiled by the National Resources Defense Council. Four states account …

Nintendo Sues ‘Pokemon With Guns’ Studio for Patent Abuse

Nintendo Co. filed a patent infringement lawsuit against Tokyo-based Pocketpair Inc., the maker of hit game Palworld, seeking an injunction and compensation for damages. The case, brought together with affiliate Pokémon Co., was submitted to the Tokyo District Court on …

Report: Renewable Projects at Risk from Contractor Errors and Defects, Natural Cats and Extreme Weather

Renewable project buildouts continue to be jeopardized by contractor errors and defects, natural catastrophes and extreme weather events—on-shore and offshore challenges that could delay start times and drive up construction claims. That’s the assertion in a new report, which calls …

Google Wins Fight Over €1.5 Billion EU Fine for Ads Abuse

Google won a court fight with the European Union over a €1.5 billion ($1.7 billion) fine for thwarting competition for online ads, partly making up for last week’s crushing defeat in a separate judgment for abusing its monopoly powers. Judges …

U.S. to Convene Global AI Safety Summit in November

The Biden administration plans to convene a global safety summit on artificial intelligence, it said on Wednesday, as Congress continues to struggle with regulating the technology. Commerce Secretary Gina Raimondo and Secretary of State Anthony Blinken will host on Nov. …

Report Shows Bump in Federal Trade Secret Litigation in 2023

Analytics from Lex Machina 2024 Trade Secret Litigation Report reveals a rise in trade secret cases filed in federal district court in 2023, along with the continued steady trend of trade secret cases that involved Defend Trade Secret Act (DTSA) …

AccuWeather Estimates $7B in Damage and Economic Loss from North Carolina Storm

AccuWeather on Wednesday issued a preliminary estimate of the total damage and economic loss from an unnamed storm that struck North Carolina starting last week at $7 billion. Storm effects are continuing to be felt, and some areas have yet …

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