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Retail

G-III Apparel earnings lifted by one-time tariff benefit; guidance raised

G-III Apparel Group (NASDAQ:GIII), the owner and licensee of a diverse portfolio of fashion brands, reported its financial results for the first quarter of fiscal 2027, highlighting the impact of a significant regulatory refund alongside its strategic pivot toward new brand ownership.

Read more: G-III Apparel earnings lifted by one-time tariff benefit; guidance raised
Grafa

Gilead and Lakefront Biotherapeutics complete $1.68B acquisition of Ouro Medicines

Gilead Sciences (NASDAQ:GILD) and Lakefront Biotherapeutics (NASDAQ:LKFT) have finalized the acquisition of Ouro Medicines, a strategic move designed to bolster their respective inflammation and immunology portfolios with next-generation T cell engager therapies.

Read more: Gilead and Lakefront Biotherapeutics complete $1.68B acquisition of Ouro Medicines
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Supreme Court upholds FCC enforcement power in landmark data privacy case

The U.S. Supreme Court delivered a significant victory to the Federal Communications Commission (FCC) on Thursday, June 4, 2026, ruling that the agency's internal system for imposing financial penalties—known as "forfeiture orders"—does not violate the Seventh Amendment right to a jury trial.

Read more: Supreme Court upholds FCC enforcement power in landmark data privacy case