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+ First Brands accuses ex-CEO of misappropriating millions.
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The Afternoon Docket
The Afternoon Docket
A newsletter by Reuters and Westlaw
By Sara Merken
What's going on today?
The trial of a former DOJ staffer who hurled a sandwich at a federal agent during President Trump's police crackdown in D.C. began today with a federal prosecutor telling a jury, "You can't go around throwing stuff."
There is currently no need for a court to grant Pfizer's request to get involved in its bidding war with Novo Nordisk for Metsera, Vice Chancellor Morgan Zurn of Delaware's Court of Chancery said. However, the judge scheduled a hearing for tomorrow to review the process.
As the U.S. Supreme Court weighs the legality of Donald Trump's sweeping tariffs, a Democratic-appointed judge's opinion from an earlier stage in the case could offer the president a roadmap for victory in a major test for one of his core economic policies. Read more about the opinion by Judge Richard Taranto on the Federal Circuit.
Kimberly-Clark said yesterday that it plans to acquireBand-Aid maker Kenvue, even as the latter company faces thousands of lawsuits involving its painkiller Tylenol and talc-based baby powder, raising questions about the scope of the liabilities Kimberly-Clark might inherit.
My colleague Diana Novak Jones takes a look at where those cases stand. Read the story here.
The 11th Circuitcleared the way for Florida to enforce a law restricting real estate and land purchases by Chinese citizens, rejecting claims it violates federal law and discriminates against Asians.
The 2-1 ruling by the Atlanta-based court could encourage other states to adopt so-called alien land laws, which were once common but fell out of favor a century ago. Lawmakers in more than 30 states have passed or introduced bills restricting foreign property ownership. Here's the ruling.
Dick Cheney, the powerful former U.S. vice president who pushed for the Iraq war, died at age 84 … Pfizer and Novo Nordisk's fight for obesity drug developer Metsera ratcheted up as both companies submitted sweetened bids, with Metsera saying Novo's $10 billion offer is superior … Voters in New Jersey and Virginia will choose their next governors in a pair of races that will serve as an early gauge of the American electorate's mood after President Trump's norm-shattering nine months in office … The world has failed to meet its main climate change target of limiting the rise in global temperatures to 1.5 degrees Celsius and will likely breach this threshold in the next decade, the United Nations' Environment Programme said.
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