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Investors sue Selena Gomez for alleged fraud over mental health startup
Selena Gomez was sued by investors who say the singer and actor committed fraud by failing to fulfill duties to build and promote her mental health startup.
Trump administration finalizes ownership reporting exemption for US firms
The Trump administration finalized a rule exempting U.S. companies and individuals from reporting beneficial ownership information to the Treasury Department's financial crimes unit.
Successful AI integration should start with identifying business needs
John Loury and Amanda Orson emphasize identifying business needs and data quality as keys to successful AI integration in operations.
MD finalizes deal to buy rights to Preakness rights for $85M
Maryland got deeper into the horse racing business Thursday, announcing it has finalized its purchase of the rights to the Preakness Stakes and the Black-Eyed Susan Stakes for $85 million.
Strong governance critical for businesses adopting AI tools
Attorneys emphasize strong governance, clear policies and human oversight as critical for businesses adopting AI tools to manage risks and legal responsibilities.
Churchill Downs planning to sell Ocean Downs Casino and Racetrack
The owner of Ocean Downs Casino and Racetrack is preparing to put the Eastern Shore entertainment facility and seven other gambling properties up for sale.
Fed holds rates steady; three policymakers dissent in favor of hike
The Federal Reserve held interest rates steady, drawing dissents from three members of the policy-setting Federal Open Market Committee.
Trump’s teleprompter operator under CFTC probe over potential insider trading
President Donald Trump's longtime teleprompter operator is under investigation by federal regulators over potential insider trading on prediction market platform Kalshi.
Apple sues OpenAI, two former employees for trade secrets theft
Apple sued OpenAI and two former employees, alleging misappropriation of its trade secrets to benefit the ChatGPT-owner's foray into consumer hardware.
AstraZeneca employee in MD accused of insider trading
An employee of the pharmaceutical giant AstraZeneca is accused of insider trading after allegedly buying stock in a company shortly before it was acquired by his employer.
Mega-deals fuel record M&A as boards dream big on takeovers
A surge in $10-billion-plus "mega-deals" drove global M&A to record levels in the first half of 2026, LSEG data shows.
MD intends to pay at least $85M for Preakness intellectual property
Maryland plans to acquire intellectual property rights of the Preakness Stakes and Black-Eyed Susan by matching Churchill Downs' $85 million offer.
