Reuters

Twitter Says Elon Musk Under Federal Inquiry Over $44 Billion Twitter Deal Filed In Court

• Tesla Inc TSLA chairman Elon Musk is reportedly under investigation by federal authorities over its bid Twitter Inc TWTR.
• Twitter said in a court filing released on Thursday that Musk’s lawyers claimed “investigative privilege” while refusing to release the material sought by the social media company.
• The lawyers had reportedly provided a “privilege log” to Twitter in September identifying documents to be withheld.

Novartis cannot prevent generic competition for its blockbuster drug against multiple sclerosis

• The US Supreme Court refused of Novartis AG NVS Efforts to block the launch of generic versions of its multiple sclerosis drug Gilenya.
• Novartis had asked the judges to stay a lower court’s ruling that overturned a ban on generic versions of Gilenya.

Stellantis entity agrees to pay $5.6 million in California emissions investigation

• This was announced by the state of California a unit of Stellantis NV STLAwill pay FCA US $5.6 million to fix an air quality violation in California.
• The California Air Resources Board said 30,600 vehicles were involved in the settlement, including Ram 1500, Jeep Grand Cherokee and Dodge Durango from 2012 to 2018.
• The vehicles involved were equipped with 5.7-litre petrol engines that allegedly did not meet emission standards.

The legal dispute between Airbus and Qatar Airways over the A350 is intensifying

• Airbus SE and Qatar Airways clashed in court over damage to A350 jets.
• Qatar Airways is suing Airbus over damage to the painted finish and lightning protection system on A350 jets, saying a design flaw could compromise safety.
• The two companies are required to provide documents on their claims as the dispute heads to a London aerospace trial in mid-2023 if no agreement is reached.

Wall Street Journal

Bitcoin broker NYDIG announces 110…