Welcome to Bloomberg Law’s Wake Up Call, a daily rundown of the top news for lawyers, law firms, and in-house counsel.

US state governments that increasingly are taking a role in national security regulation are creating a more fragmented and unpredictable compliance landscape for businesses.

The current effects of AI on retirement plans are operational, fiduciary, and uneven across plan types, says Hall Benefits’ Samuel W. Krause in the first of a two-part article.

The Trump administration asked the US trade court to pause a ruling that declared the president’s latest 10% global tariffs unlawful while the government appeals, meaning importers would keep paying the levies while the legal fight continues.

New York City will have to pay sanctions for failing to respond to discovery requests in a lawsuit alleging the city’s health plan discriminates against gay male couples by denying them in vitro fertilization benefits.

President Donald Trump announced plans to nominate two of his first term judicial picks to be federal appellate judges.

Court battles by workers with long Covid are a new test of the nation’s private insurance system, which lawyers and academics say is stacked against them. The complex, yearslong process passes judgment on enrollees from afar and is filled with conflicts of interest that benefit the insurer, according to court opinions, plaintiffs’ complaints and interviews with lawyers and academics.

The current effects of AI on retirement plans are operational, fiduciary, and uneven across plan types, says Hall Benefits’ Samuel W. Krause in the first of a two-part article.

The Trump administration is delaying a plan to suspend tariffs on imported beef, according to the Wall Street Journal.

New York City will have to pay sanctions for failing to respond to discovery requests in a lawsuit alleging the city’s health plan discriminates against gay male couples by denying them in vitro fertilization benefits.

A divided Fifth Circuit panel affirmed Black Diamond Capital Management LLC’s federal bench trial verdict finding the private equity firm isn’t liable for the 2019 closure of a Bayou Steel plant that left 300 employees fired without proper notice.

GitLab Inc., which makes software that helps developers on coding projects, said it is cutting jobs to free up money to spend on the market opportunity for artificial intelligence agents.

Companies can formally express interest in securing advance tax certainty for their billion-dollar infrastructure projects from June 1, the UK tax authority said Tuesday.

It was only a few months ago when China grabbed the world’s attention with sweeping export controls on critical minerals and rare earth elements. Beijing’s flex gave the US, Europe and other economies fresh momentum to derisk their supply chains from crucial Chinese inputs.

The European Commission will take EU countries to court if they have excessively low penalties for noncompliance with the bloc’s tax data-sharing rules, a top official warned Tuesday.

German Chancellor Friedrich Merz drew shouts and jeers at a labor union conference as he made a pitch for ambitious reforms, underscoring the difficulty he’ll face as he seeks to reverse his beleaguered government’s fortunes.

Australia will overhaul tax settings that have long favored property investors and assist households and firms grappling with soaring fuel costs in a budget that outlined deficits across the forecast horizon.

Trump family members made roughly $1.55 billion from sales of World Liberty Financial Inc. tokens, lifting their total fortune by about $660 million, after accounting for previously undisclosed transactions, according to the Bloomberg Billionaires Index.

Liquefied natural gas deliveries to China are showing signs of recovery, as some buyers replace shipments disrupted by the conflict in the Middle East.

The US sanctioned a dozen entities and individuals over the sale of Iranian oil to China, stepping up economic pressure just days before President Donald Trump meets his counterpart Xi Jinping.

The US Strategic Petroleum Reserve awarded 53.3 million barrels to companies including oil trader Trafigura Group and US refiner Marathon Petroleum Corp, adding to a wave of oil released to help tame surging prices stemming from the Iran war.

A divided Fifth Circuit panel affirmed Black Diamond Capital Management LLC’s federal bench trial verdict finding the private equity firm isn’t liable for the 2019 closure of a Bayou Steel plant that left 300 employees fired without proper notice.

Saudi Arabian crude oil exports to China for loading in June are set to plunge to around 13 million to 14 million barrels, according to traders informed by the producer.