Oaktree discloses 5.5M-share Mayfair Gold (MINE) position

Abbott Laboratories will pay $384 million to resolve claims it sold potentially contaminated baby formula through Medicaid and WIC programs. New York will receive $9.3 million, with $5.3 million going directly to the state. The settlement follows a 2025 lawsuit alleging safety standard violations and misled inspections.

AMC CEO Adam Aron praised the SEC's approval of a five-year 'Innovation Exemption' for tokenized U.S. stocks, allowing trading without exchange classification. Aron urged Robinhood to adopt similar standards globally and criticized its tokenized AMC stock offerings, threatening legal action. AMC stock is up 68% in 2026, while HOOD stock is down 4%.

Microsoft executives, in an unsealed legal filing, described AI news as creating a 'doom loop' for journalism. They noted it threatens the economic foundations of content suppliers, like the New York Times. Data shows Bing click-through rates on Times articles dropped 83-93% since AI news summaries were introduced.

Paramount is considering leaving California amid a legal battle over its $111 billion acquisition of Warner Bros. Discovery. The California Attorney-General and 11 other states are pursuing an antitrust case, arguing the merger would reduce competition. Paramount and Warner Bros. dispute the case and continue pursuing the transaction. A departure could impact 58,000 jobs and $21 billion in annual economic activity. The merger is on hold until 2027.

Credit Acceptance Corp. will pay $710M to settle allegations by 41 states that it issued high-risk loans to low-income borrowers. The settlement includes $60M in cash restitution and $388M in debt relief for affected borrowers. The company denies wrongdoing but says the settlement provides business certainty.

Cigna won a federal appeals court ruling blocking East Coast Advanced Plastic Surgery from suing to collect $3 million in unpaid awards from the No Surprises Act’s dispute-resolution process. The court ruled that the law does not give providers a private right to sue insurers to enforce payments. Cigna has not paid the awards, which were determined through an independent dispute resolution process.