A federal lawsuit by Eli Lilly accuses former Metro councilman and pastor Jerry Maynard Jr., his father, and sister of a "fraud scheme" to steal over $200 million. The Maynards allegedly used a mail-order pharmacy, DrugPlace, and a front company, Community Health Initiative, to file hundreds of thousands of fake drug rebate claims for "fictional" church members. Maynard Jr. denies the allegations, stating he will vigorously defend himself.

The Delaware Chancery Court dismissed a stockholder lawsuit challenging Vista Equity Partners' $4.6 billion take-private of KnowBe4. The plaintiffs claimed that KKR & Co. Inc., Elephant Partners, and KnowBe4 founder Sjoerd Sjouwerman acted as a control group and breached fiduciary duties, but the court found insufficient evidence for these claims, upholding the deal's integrity. The ruling provides clarity for deal lawyers and fund managers on the requirements for such stockholder suits, especially concerning private equity rollover deals and the effectiveness of robust MFW processes.

PLDT Inc.'s data center arm, Vitro Inc., has partnered with BBIX Philippines Inc. to enhance internet exchange services in the Philippines, aiming to speed up online traffic and improve routing efficiency. This direct peering agreement, starting with a 100-gigabit interconnection at Vitro Makati 2, will reduce latency and enhance access to online content for Filipino users and enterprises by leveraging both Vitro's local ecosystem and BBIX's international network of cloud providers. The collaboration is expected to deliver more seamless online experiences and bring the power of the internet closer to Filipinos.

IAM District W24 members have ratified a new four-year labor agreement with Weyerhaeuser, securing significant economic gains for 1,160 union members in Washington and Oregon. This agreement, which includes an 11% wage increase, a $3,000 signing bonus, and improved benefits, was notably ratified before the expiration of the previous contract. Union leaders attributed this success to member solidarity, strategic bargaining, and lessons learned from a previous strike.

Thermo Fisher Scientific has released the Invitrogen E-Gel Power Snap Lite Electrophoresis System, a new compact, all-in-one platform for nucleic acid verification. This system integrates gel electrophoresis and imaging, streamlining routine workflows by eliminating the need for separate equipment and manual gel preparation. It aims to reduce hands-on time and improve consistency for researchers, complementing their existing advanced analysis tools.

Assurant, Inc. (AIZ) has significantly grown and diversified its business through strategic acquisitions, moving beyond traditional insurance into connected living, automotive, and device repair sectors. This strategy has fueled revenue growth, improved operational efficiency, and strengthened its market position. The company's strong financial health and disciplined capital allocation support its continued pursuit of M&A opportunities, positioning it well against peers like Arthur J. Gallagher & Co. (AJG) and Brown & Brown, Inc. (BRO).

WILLIS LEASE FINANCE (NASDAQ: WLFC) director Colm Barrington was granted 674 restricted shares of Common Stock at a reference price of $185.62 per share. This grant is a compensation-related equity award that vests over one year. Following this transaction, Barrington directly owns 7,546 shares of Common Stock.

Yext Inc's shares saw a modest gain on the NYSE on May 28, 2026, trading in a narrow range amid light newsflow. Investors are focused on the company's position in digital knowledge management and marketing technology, with its performance influenced more by general market sentiment towards software companies than by specific company announcements. The article highlights Yext's core business model of cloud-based software for digital knowledge management and its competitive landscape against larger enterprise software vendors.

A Colorado uranium company, Energy Fuels, Inc., has submitted a finalized operations plan to New Mexico officials for a new uranium mine near Mount Taylor, a sacred site for several Indigenous tribes. The plan involves extracting uranium from the Cibola National Forest and dumping treated water into the Rio San Jose, raising concerns about groundwater depletion and the desecration of a sacred mountain. This project, along with another, is being fast-tracked under federal policies aimed at boosting domestic energy production, despite strong opposition and skepticism about its profitability.

Shares of healthcare company Baxter International (NYSE:BAX) fell 1% after Citigroup downgraded the stock from Neutral to Sell and lowered its price target to $17. This downgrade reflects a more cautious outlook on the company's prospects. The market views this news as meaningful, although Baxter's shares are not typically volatile, and the stock is down 1.8% since the beginning of the year.