The <-bsp-bb-link state="{"bbHref":"bbg://securities/6152Z%20LN%20Equity","_id":"0000018f-1ad5-d583-afbf-daddbe6d0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">UK’s financial watchdog pushed back against criticism of its plan to name firms it’s investigating at an early stage, which it thinks will boost transparency and deterrence.

The top US auto-safety regulator is again investigating <-bsp-bb-link state="{"bbHref":"bbg://securities/TSLA%20US%20Equity/BICO","_id":"0000018f-1ad5-d583-afbf-daddc3ef0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Tesla Inc.’s Autopilot, this time over whether a fix deployed months ago did enough to stop people from misusing the system.

Funds managed by affiliates of <-bsp-bb-link state="{"bbHref":"bbg://securities/9990822D%20US%20Equity","_id":"0000018f-1a2c-d583-afbf-dafc60850000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Apollo Global Management Inc. will buy frack-sand provider <-bsp-bb-link state="{"bbHref":"bbg://securities/SLCA%20US%20Equity/FA","_id":"0000018f-1a2c-d583-afbf-dafc60850001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">US Silica Holdings Inc. for $1.21 billion, the latest in a wave of acquisitions in the shale industry.

Anglo American Plc has rejected a $39 billion takeover proposal from BHP Group, saying it significantly undervalues the company.

Welcome to Bloomberg Law’s Wake Up Call, a daily rundown of the top news for lawyers, law firms, and in-house counsel.

UK cybersecurity company <-rte-company state="{"_id":"0000018f-1a03-d583-afbf-dadfd73f0000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Darktrace Plc agreed to sell itself to private equity firm <-bsp-bb-link state="{"bbHref":"bbg://securities/129626Z%20US%20Equity","_id":"0000018f-1a03-d583-afbf-dadfd73f0001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Thoma Bravo for an equity value of about $5.32 billion.

<-bsp-bb-link state="{"bbHref":"bbg://securities/LMCADS03%20LME%20Comdty/GP","_id":"0000018f-1ae8-d583-afbf-dafc0fa50000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Copper hit $10,000 a ton for the first time in two years as speculation builds that the world’s mines will struggle to meet a coming wave of demand from green industries.

<-bsp-bb-link state="{"bbHref":"bbg://securities/XOM%20US%20Equity/SPLC","_id":"0000018f-1a03-d583-afbf-dadfd73e0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Exxon Mobil Corp. expects US antitrust regulators to approve its $60 billion acquisition of Pioneer Natural Resources Co. by the end of June despite increased government <-bsp-bb-link state="{"bbDocId":"SCD5W3T1UM0W","_id":"0000018f-1a03-d583-afbf-dadfd73e0001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">scrutinyof corporate mergers.

Companies will have to pay millions of dollars to clean up more contaminated sites due to the EPA’s new Superfund PFAS rule, but site selection will take time and use predictable criteria, mandated data, and established processes, attorneys said.

Paul Weiss has been stymied in its effort to open a Houston office, as top equity partners at rival firms spurned recruitment efforts.

Alston & Bird’s Daniella Main and Brooke Bolender say Marriott litigation has broad impact for consumer contracts and enforceability of class action waivers.

Patrick Pouyanne, the head of Paris-listed TotalEnergies SE, is on a mission to prove there’s a middle way, boosting fossil-fuel production and using the proceeds to finance increased renewable electricity output. It’s a model that others should replicate — and policymakers should encourage.

<-bsp-bb-link state="{"bbHref":"bbg://securities/TEAM%20US%20Equity/BQ","_id":"0000018f-1af1-d583-afbf-dafd35e50000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Atlassian Corp. Co-Chief Executive Officer <-bsp-person state="{"_id":"0000018f-1af1-d583-afbf-dafd35e50001","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Scott Farquhar is stepping down from the Australian software company he helped start more than two decades ago, a surprise move that rattled investors.

<-bsp-bb-link state="{"bbHref":"bbg://securities/1802835D%20US%20Equity","_id":"0000018f-1af1-d583-afbf-dafd35e90000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Elliott Investment Management has built a roughly $1 billion stake in Anglo American Plc while betting against the stock of BHP Group Ltd., the Australian miner that’s made an unsolicited takeover approach to Anglo American.

<-bsp-bb-link state="{"bbHref":"bbg://securities/LMCADS03%20LME%20Comdty/GP","_id":"0000018f-1ae8-d583-afbf-dafc0fa50000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Copper hit $10,000 a ton for the first time in two years as speculation builds that the world’s mines will struggle to meet a coming wave of demand from green industries.

<-bsp-bb-link state="{"bbHref":"bbg://screens/nsc%20us%20%3Cequity%3E%20des1","_id":"0000018f-1afa-d583-afbf-dafe5c440000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Norfolk Southern Corp.’s chief executive officer was <-bsp-bb-link state="{"bbDocId":"RQFYU0T1UM0X","_id":"0000018f-1afa-d583-afbf-dafe5c440001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">lambasted by politicians as the epitome of everything wrong with the profit-obsessed railroad industry when a derailment caused a toxic disaster in East Palestine, Ohio, last year.

A cause celebre is ringing out across Harvard Yard, Columbia’s South Lawn, Yale’s Beinecke Plaza and UC Berkeley’s Sproul Plaza: Disclose and divest.

Money market funds are becoming a huge force within the ESG investing industry.

A Texas rubber manufacturer will try to convince a federal appeals court that the National Labor Relations Board steamrolled over the company’s due process rights in the course of changing its framework for assessing offensive employee misconduct.

Rapper Travis Scott must stand trial for his role in the deadly Astroworld music festival, after a Texas judge denied his request to get out of the sprawling litigation.

Paul Weiss has been stymied in its effort to open a Houston office, as top equity partners at rival firms spurned recruitment efforts.

Alston & Bird’s Daniella Main and Brooke Bolender say Marriott litigation has broad impact for consumer contracts and enforceability of class action waivers.

Wiley’s Diana Shaw explains the new OIG notice requirement and lays out considerations for business entities.

Moss Adams’ Clay Hodges and Daniel Quintana reviews sports partnerships’ tax deduction options, saying partners should be proactive about documentation and record retention.