Kalshi Takes Hit as Appeals Court Says Sports Bets Not Swaps (5)
Nevada gaming officials can continue cracking down on sports prediction markets as if they’re unlicensed sportsbooks, an appellate panel said Friday.
Deloitte’s agreement to pay millions to the US rather than contest claims that it broke the law by promoting a diverse workforce highlights an “evolving definition of fraud” for thousands of federal contractors under President Donald Trump, lawyers told Bloomberg Law.
The Trump administration told a federal judge it will challenge the dismissal of its lawsuit against
Nevada gaming officials can continue cracking down on sports prediction markets as if they’re unlicensed sportsbooks, an appellate panel said Friday.
The report was definitive: “This is confirmed as fraud,” the investigators from Cooperatieve Rabobank UA wrote.
Top US bank regulators voted to finalize a proposal that would narrow the way examiners can issue confidential warnings to lenders, in a bid to remove what they call virtue signaling from oversight practices.
A flood of lawsuits against social media giants claim that by engineering their platforms to be hard to resist, the companies are causing serious harm to young users.
Matt Levine discusses underpriced options in lending such as the mortgage market, and evergreen funds.
California legislators introduced a bill Saturday that would update the state’s wildfire response without shifting liability away from publicly traded utilities.
It had already been a tough 2026 for Acrisure. Part fintech, part insurance broker, the firm said in late May it would cut 11% of its workforce, or some 2,250 people, as part of a sweeping overhaul to modernize operations. Some of its bonds and loans had fallen, but still remained above levels typically deemed distressed.
It was heralded as a landmark deal — one that would have handed
Silicon Valley Bank’s former parent company isn’t entitled to a $1.7 billion claim over funds it held with the bank when the Federal Deposit Insurance Corp. seized the failed lender and covered other depositors, a federal judge ruled.
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A trio of law firms that defeated Google LLC at trial last year in a high-stakes privacy class action will get $146.7 million in attorneys’ fees for their work, a California federal court ruled Friday.
The US Justice Department said authorities disrupted online infrastructure allegedly used by Chinese state-sponsored hackers to target American government agencies and critical infrastructure.
A Georgia poultry company and its insurer agreed to end a dispute over coverage for proposed class actions filed by employees stemming from a 2024 data breach.
The Trump administration is appealing a judge’s order halting new
A federal judge must again decide whether to preliminarily block a Tennessee law aimed at preventing harm to children on social media, a split Sixth Circuit panel said Friday.
California legislators introduced a bill Saturday that would update the state’s wildfire response without shifting liability away from publicly traded utilities.
It had already been a tough 2026 for Acrisure. Part fintech, part insurance broker, the firm said in late May it would cut 11% of its workforce, or some 2,250 people, as part of a sweeping overhaul to modernize operations. Some of its bonds and loans had fallen, but still remained above levels typically deemed distressed.
It was heralded as a landmark deal — one that would have handed
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A second Maryland judge said Friday that Democrats can’t ask voters in November to approve an amendment to the state constitution to allow them to redraw the state’s sole Republican-held congressional district.
A trio of law firms that defeated Google LLC at trial last year in a high-stakes privacy class action will get $146.7 million in attorneys’ fees for their work, a California federal court ruled Friday.
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