New York Governor Kathy Hochul is considering raising corporate taxes as part of broader efforts to close a potential budget shortfall and help fund some of Zohran Mamdani’s agenda as New York City mayor, according to a person with knowledge of the matter.

Purdue Pharma LP won court approval to exit bankruptcy, capping six years of legal wrangling over a multibillion-dollar settlement and liability releases for the opioid manufacturer’s Sackler family owners.

Canadian AI developer Cohere Inc. failed to escape a copyright infringement lawsuit from news and magazine publishers including Condé Nast over the training of its large language models and the outputs they produce.

Investors who held Credit Suisse bonds that lost all their value during UBS Group AG‘s acquisition of the collapsed bank may proceed as a class in their securities fraud suit, a federal court ruled.

The acting Albany US attorney will defend the Justice Department from Maurene Comey’s lawsuit challenging her ouster from the Manhattan US attorney’s office after Comey’s former office declined to take the case.

Newark Liberty International Airport is expected to get a major facelift as part of the Port Authority of New York and New Jersey’sproposed $45 billion capital plan released Thursday.