California lawmakers proposed a package of bills that includes making it harder for students designated as athletes and children of alumni and donors to get preferential admissions at state universities.

The Supreme Court denied a bid from gun-rights advocates to temporarily halt a ban on rapid-fire bump stock devices like the ones used in the 2017 Las Vegas massacre.

Telecom regulators have levied hefty financial penalties against illegal robocallers and demanded that bad actors repay millions to their victims. But years later, little money has been collected. 290

China is offering foreign tech firms better access to its cloud-computing market, as Beijing fashions a compromise in a sector the U.S. wants opened as part of a trade deal.

One of the big questions surrounding Deutsche Bank’s possible merger with Commerzbank is how much capital it might need to raise from shareholders to finance the deal.

California Gov. Gavin Newsom strongly criticized what he described as plans by PG&E to stack its board of directors with hedge fund financiers interested in “prioritizing quick profits for Wall Street over public safety.”

Saudi Aramco plans to issue a $10 billion bond as early as next week to help fund its acquisition of a majority stake in the kingdom’s petrochemicals firm.

The New York attorney general has filed new allegations against Purdue Pharma, saying Sackler family members fraudulently transferred funds. 126