Bloomberg Law

Editor’s note: This story has been updated with comments from NetEase. NetEase Inc’s (NASDAQ:NTES) NetEase Games, one of China's leading gaming companies, is facing a corruption scandal. According to reports from Bloomberg Law, the company's General Manager Xiang Lang, along with...

The recent policy change regarding cannabis, announced by the National Basketball Association (NBA) and the National Basketball Players Association (NBPA), presents new opportunities for players. Athletes may engage in investments, endorsements, and sponsorships within the evolving legal...

For years, some if not most cannabis retailers have been obliged to employ a workaround to function within the restrictive system. Now, that is no longer an option.  Marijuana merchants have been relying on cashless ATMs to bypass limitations on the types of sales payment...

Canadian cannabis giant Tilray, Inc. (NASDAQ: TLRY), which closed its acquisition of rival Aphria, Inc. (APHA) in 2021, could face a lawsuit brought by former Aphria shareholders. Background: In 2021, after months of negotiations, Tilray and Aphria merged creating a company with a...

Shares of global health company Bausch Health Companies Inc (NYSE: BHC) are plunging Thursday after a Delaware federal judge issued an oral order on patents related to the company's Xifaxan drug. What Happened: Judge Richard Andrews of the U.S. District...

California To Let Cannabis Growers Sell Products At Farmer Markets, Raises Issue Of Workplace Protections For Cannabis Users A proposed bill will allow cannabis growers in California to sell their cannabis products at licensed events, such as farmer markets. Assembly Bill 269, sponsored by Assm....

Hertz Global Holdings Inc. (NYSE: HTZ) received the go-ahead to sell potentially worthless new shares from a bankruptcy court on Friday. What Happened The planned offering could rake in up to $1 billion and is designed to take advantage of a rally in its shares. The proceeds from the sale...

Is that a steering wheel in your car or are you just happy to see me? There are thousands of fascinating patents out there from the 37 companies dedicated to the self-driving car. Ford Motor Company (NYSE: F) has an idea for a dashboard with a removable steering wheel and pedals. As first reported...