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Grail shares plunged nearly 50% in premarket trading on Friday after its three-year cancer screening trial failed to meet its main goal, dealing a major blow to the blood test maker.
Grail shares plunge after major cancer screening trial misses main goal
Grail shares plunged nearly 50% in premarket trading on Friday after its three-year cancer screening trial failed to meet its main goal, dealing a major blow to the blood test maker.
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February 20, 2026 at 2:01 PM
The US Supreme Court is expected to issue an opinion in the closely-watched dispute over the legality of President Trump’s global tariffs. Cases involving Trump’s firing of a Fed official and an FTC commissioner are also awaiting opinions.

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February 20, 2026 at 1:00 PM
More than $175 billion in U.S. tariff collections are at risk of having to be refunded if the U.S. Supreme Court rules against President Donald Trump's broad emergency tariffs, Penn-Wharton Budget Model economists said on Friday.
Exclusive: US tariff revenue at risk in Supreme Court ruling tops $175 billion, Penn-Wharton estimates
More than $175 billion in U.S. tariff collections are at risk of having to be refunded if the U.S. Supreme Court rules against President Donald Trump's broad emergency tariffs, Penn-Wharton Budget Model economists said on Friday.
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February 20, 2026 at 11:10 AM
PepsiCo and its Frito-Lay unit have persuaded a California federal judge to block convenience-store owners from pursuing a proposed class action claiming the snack giant favors big retailers over smaller competitors in its wholesale pricing @mikescarcella.bsky.social reut.rs/471vJcn
February 20, 2026 at 1:45 AM
New Mexico's attorney general on Thursday ordered the reopening of the state's criminal investigation into alleged crimes at a ranch owned by late sex offender Jeffrey Epstein, based on new information made public by the U.S. Justice Department, the state's Department of Justice said.
New Mexico reopens investigation of Epstein ranch
New Mexico's attorney general on Thursday ordered the reopening of the state's criminal investigation into alleged crimes at a ranch owned by late sex offender Jeffrey Epstein, based on new information made public by the U.S. Justice Department, the state's Department of Justice said.
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February 20, 2026 at 1:30 AM
Illinois lawmakers move to limit investor influence as law firms, private equity edge closer @mikescarcella.bsky.social @davidjthomas.bsky.social reut.rs/3MhqO04
February 20, 2026 at 1:14 AM
Texas Attorney General Ken Paxton on Thursday sued Sanofi for allegedly "bribing" providers to prescribe its medications over alternatives.
Texas sues Sanofi for allegedly 'bribing' providers to boost drug prescriptions
Texas Attorney General Ken Paxton on Thursday sued Sanofi for allegedly "bribing" providers to prescribe its medications over alternatives.
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February 19, 2026 at 11:25 PM
The office of West Virginia's attorney general, JB McCuskey, said it has filed a lawsuit accusing Apple of allowing its iCloud service to become what the company's internal communications described as the 'greatest platform for distributing child porn' reut.rs/4qGii8L
February 19, 2026 at 10:30 PM
Legislation introduced in Illinois this month would sharply curb private‑equity involvement with law firms, erecting new state-level guardrails just as investors and lawyers nationwide are increasingly exploring back‑office partnerships reut.rs/3MhqO04
February 19, 2026 at 10:26 PM
Cassava Sciences said the DOJ had ended its probe into the company regarding allegations of research misconduct for its experimental Alzheimer's drug simufilam. DOJ dismissed a criminal indictment accusing a former Cassava adviser who allegedly submitted false data regarding the drug reut.rs/4aKtlrD
February 19, 2026 at 10:10 PM
A group of bipartisan U.S. House lawmakers on Thursday proposed legislation to address 50 aviation safety recommendations issued after a year-long investigation into the January 2025 collision between an American Airlines regional jet and an Army Black Hawk helicopter that killed 67 people.
US House lawmakers propose comprehensive aviation safety bill after fatal crash
A group of bipartisan U.S. House lawmakers on Thursday proposed legislation to address 50 aviation safety recommendations issued after a year-long investigation into the January 2025 collision between an American Airlines regional jet and an Army Black Hawk helicopter that killed 67 people.
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February 19, 2026 at 9:40 PM
A lawyer for the International Brotherhood of Teamsters told a judge on Thursday that the union expects over 10,000 United Parcel Service drivers to accept $150,000 buyouts if the delivery giant is allowed to proceed with a planned workforce-cutting program.
Teamsters urge judge to block UPS from offering $150,000 buyouts to drivers
A lawyer for the International Brotherhood of Teamsters told a judge on Thursday that the union expects over 10,000 United Parcel Service drivers to accept $150,000 buyouts if the delivery giant is allowed to proceed with a planned workforce-cutting program.
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February 19, 2026 at 9:30 PM
A legal clash between Trump and California over auto-pollution rules is coming to a head. California is challenging an unorthodox move by congressional Republicans to kill a waiver allowing the state to enact its own emissions regulations reut.rs/3OgIkSK
February 19, 2026 at 9:27 PM
President Donald Trump improperly included Jamie Dimon as a defendant in his $5 billion debanking lawsuit against JPMorgan Chase as a way to get the case into state court, the bank and its CEO said in a Thursday court filing.
JPMorgan says Trump's lawsuit improperly named Dimon as defendant
President Donald Trump improperly included Jamie Dimon as a defendant in his $5 billion debanking lawsuit against JPMorgan Chase as a way to get the case into state court, the bank and its CEO said in a Thursday court filing.
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February 19, 2026 at 9:25 PM
The Washington Supreme Court ruled unanimously on Thursday that Amazon.com must face lawsuits by families that lost relatives who died by suicide after consuming sodium nitrite they bought from outside vendors on the retailer's website.
Amazon can be sued over suicides linked to sodium nitrite, Washington Supreme Court rules
The Washington Supreme Court ruled unanimously on Thursday that Amazon.com must face lawsuits by families that lost relatives who died by suicide after consuming sodium nitrite they bought from outside vendors on the retailer's website.
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February 19, 2026 at 9:10 PM
The Trump administration took steps on Thursday toward ending federal housing assistance for households with mixed immigration status, as it seeks to stop ineligible migrants from benefiting from the funding.
Trump administration moves to end housing assistance for mixed immigration families
The Trump administration took steps on Thursday toward ending federal housing assistance for households with mixed immigration status, as it seeks to stop ineligible migrants from benefiting from the funding.
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February 19, 2026 at 9:05 PM
Netflix has ample cash and could bump up its offer for HBO Max owner Warner Bros Discovery if competing bidder Paramount Skydance increases its own offer, two people with knowledge of the matter said.
Exclusive: Netflix has ample room to increase its offer in battle for Warner Bros, sources say
Netflix has ample cash and could bump up its offer for HBO Max owner Warner Bros Discovery if competing bidder Paramount Skydance increases its own offer, two people with knowledge of the matter said.
reut.rs
February 19, 2026 at 9:00 PM
Illinois moves to fence off investor influence as law firms and Wall Street edge closer;

Plus, Trump nominates lawyer from his legal team for appeals court position;

And more top news.
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February 19, 2026 at 8:34 PM
Trump has given immigration officers broader powers to detain legal refugees awaiting a green card to ensure they are 're-vetted,' an apparent expansion of the president's wide-ranging crackdown on legal and illegal immigration, according to a Department of Homeland Security memo reut.rs/4aKE2un
February 19, 2026 at 8:16 PM
Johnson & Johnson is preparing a potential sale of the orthopedics unit that it has been planning to separate, with big buyout firms already circling, Bloomberg News reported on Thursday, citing people familiar with the matter.
Johnson & Johnson explores $20 billion sale of an orthopedics unit, Bloomberg News reports
Johnson & Johnson is preparing a potential sale of the orthopedics unit that it has been planning to separate, with big buyout firms already circling, Bloomberg News reported on Thursday, citing people familiar with the matter.
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February 19, 2026 at 7:50 PM
Bayer’s Monsanto unit has proposed a $7.25 billion nationwide class settlement to resolve both current and future lawsuits alleging that its Roundup weedkiller caused cancer. Here's a look at whether it could deliver the legal certainty Bayer needs reut.rs/4tIefvh
February 19, 2026 at 7:47 PM
The 5th Circuit ordered an attorney to pay $2,500 for submitting briefs containing AI-hallucinated case citations. Imposing the sanction, a three-judge panel lamented that the problem 'shows no signs of abating.'

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February 19, 2026 at 7:35 PM
The Washington Supreme Court ruled unanimously on Thursday that Amazon.com must face lawsuits brought by families with relatives who took their own lives by consuming sodium nitrite they bought on the online retailer's platform.
Amazon can be sued over suicides linked to sodium nitrite, court rules
The Washington Supreme Court ruled unanimously on Thursday that Amazon.com must face lawsuits brought by families with relatives who took their own lives by consuming sodium nitrite they bought on the online retailer's platform.
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February 19, 2026 at 6:50 PM
Biopharmaceutical company BioNTech sued Moderna in Delaware federal court on Thursday, alleging that Moderna's COVID-19 vaccine mNexspike infringes a patent related to BioNTech and Pfizer's competing shot Comirnaty.
BioNTech sues Moderna for patent infringement over COVID-19 shots
Biopharmaceutical company BioNTech sued Moderna in Delaware federal court on Thursday, alleging that Moderna's COVID-19 vaccine mNexspike infringes a patent related to BioNTech and Pfizer's competing shot Comirnaty.
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February 19, 2026 at 6:35 PM