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Supreme Court rules government geofence data collection is a Fourth Amendment search.
The U.S. Supreme Court ruled in Chatrie v. U.S. that government collection of location data via geofence warrants constitutes a search under the Fourth Amendment. This decision overturns a lower court ruling and requires further review of whether the...
Hub Group sued for securities fraud after misstating financials, stock drops sharply.
Hub Group, a transportation and logistics company, is facing a securities fraud lawsuit after admitting to misstating its financial reports from 2023 to 2025, including understating costs by about $77 million. The revelations caused the company's sto...
KraneShares China Internet ETF trades near lows amid AI growth and geopolitical risks, rated HOLD.
The KraneShares CSI China Internet ETF (KWEB) provides focused exposure to leading Chinese internet and AI companies and is currently trading near its 52-week lows. The ETF benefits from strong AI-driven growth, government support, and attractive val...
DBV Technologies plans BLA submission for VIASKIN® Peanut patch in kids 4-7 after FDA collaboration.
DBV Technologies is preparing to submit a Biologics License Application (BLA) for its VIASKIN® Peanut patch aimed at children aged 4 to 7 years. The company has engaged in detailed discussions with the FDA to ensure a thorough and efficient review pr...
Hub Group sued for securities fraud after revealing major financial errors causing stock to drop 18%.
Hub Group faces a class action lawsuit for securities fraud after disclosing that its financial statements for 2023 and 2024 were materially misstated due to errors in revenue recognition and cost accounting. The company announced restatements and in...
FDA approves ZORYVE cream for treating plaque psoriasis in children as young as 2 years old
The FDA has approved Arcutis Biotherapeutics' ZORYVE cream 0.3% for treating plaque psoriasis in children aged 2 and older. This once-daily, non-steroidal topical treatment is safe, effective, and can be used on sensitive skin areas without duration ...
June jobs report key for rate outlook; markets expect moderate job growth, watch for inflation impact.
The June employment report, due July 2, is crucial for shaping expectations on interest rates. Markets anticipate job growth between 125,000 and 175,000, slightly below May's 172,000 gain, with service, construction, and manufacturing sectors leading...
Hub Group faces securities fraud lawsuit over misstated financials and revenue recognition errors.
Bleichmar Fonti & Auld LLP has filed a securities fraud class action against Hub Group and its executives, alleging false financial statements and premature revenue recognition from April 2023 to May 2026. Hub Group disclosed errors that understated ...
Uber ends Waymo robotaxi pilot in Phoenix; Waymo vehicles shift to autonomous deliveries with DoorDash.
Uber and Waymo have ended their robotaxi pilot program in Phoenix, Arizona, where just over a dozen Waymo autonomous vehicles operated via the Uber app. The pilot helped Uber expand its autonomous vehicle services in Austin and Atlanta, where hundred...
Rosen Law investigates Barclays over alleged misleading info amid UK mortgage lender collapse.
Rosen Law Firm is investigating potential securities claims against Barclays PLC following reports that Barclays may have provided misleading business information related to its exposure to a collapsed UK mortgage lender, Market Financial Solutions L...