Deals
S&P Blocks SpaceX, Freezes $14B Passive Flow
S&P held its profitability screen, costing SpaceX $14B in passive fund demand and putting OpenAI and Anthropic on the same minimum one-year clock.
Latest — Page 11
FDA
Roche Paid $1.65B for Petrelintide's Phase 2 GI Data
Roche put $1.65B behind petrelintide's amylin mechanism. New ZUPREME-1 data from ADA 2026 shows just how clean the GI profile actually is.
FDA
Roche Bets on 9% Weight Loss as Obesity Sweet Spot
Roche and Zealand say 9% weight loss with placebo-like tolerability beats 20% if patients can't stay on the drug. Phase 3 starts H2 2026.
SEC
Fed Orders $300B Private Credit Disclosure
The Fed can't see where $300B in bank money flows into private credit, and it's now demanding answers before the next cockroach surfaces.
FDA
Hits 30% weight loss: Lilly triple-G surfaces cardiac signal
Retatrutide's 30.3% weight loss at 104 weeks rivals bariatric surgery, but seven arrhythmias in Transcend-T2D-1 complicate Lilly's NDA path.
FDA
Paid $10B, Pfizer Gets Berobenatide 15.9% Obesity Data
Pfizer's berobenatide posted 15.9% weight loss at 32 weeks with no plateau, its first ADA showing since the $10B Metsera deal closed.
Legal
Caught: Silent Ransom Group Sends Fake IT Into Law Firms
Silent Ransom Group sent imposters into dozens of law firm offices this year with USB drives. FBI and Mandiant filed concurrent warnings.
Legal
FCA Freezes Euro Exchange Securities Over Crime Gaps
The FCA froze a payments firm operating in the UK, US, and Spain over money-laundering gaps and appointed court managers; hearing is June 11.
Legal
Hijacked Polyfill.io Spoofs Logins at Toshiba, Muji
Polyfill.io reactivated in late May, hitting Toshiba, Muji, and five others with rogue login prompts two years after a Chinese entity hijacked the CDN.
Deals
Google Rents SpaceX Compute at $920M Monthly
Google rents 110,000 Nvidia GPUs from SpaceX at $920M a month, bridging a Gemini Enterprise demand surge that a $190B capex plan can't keep pace with.
Legal
CFPB Makes Immigration Status a Reg Z Risk Factor
CFPB converts immigration status into a Reg Z income-continuity factor, forcing lenders to audit policies built under its reversed 2023 guidance.
Legal
Sentenced 26 Years for Nemesis Market Drug Sales
Darren Hughes offered free meth samples on Nemesis Market, then sold fentanyl to undercover agents five times in 2023. He got 26 years.
Legal
Sued: IBM Hid 56,000 Foreign Hacks, VP Alleges
Barlow's qui tam suit alleges IBM concealed 56,000 APT 10 breaches from federal clients and didn't keep the logs to know what was taken.
AI
OpenAI Opens Pre-Release Models to US Government
Trump's June 2 EO hands feds up to 30 days pre-release access to frontier AI models. OpenAI said yes first, and the voluntary label won't last.
AI
Drafted: AI Bill Freezes State Laws 3 Years, Hits $500M Devs
A 269-page bipartisan draft would freeze state AI laws for 3 years, but the $500M audit threshold and sunset clause are where operators look.
