Alexa Woronowicz is chief copy editor for ALM and associate editor for The Legal Intelligencer. Contact her at [email protected] or on Twitter @AWoronowiczTLI.
November 29, 2022 | Daily Business Review
Tech Megacaps Drag Down Stocks as Bond Yields RiseStocks fell, with some of the world's largest technology companies leading losses as Treasury yields climbed.
By Rita Nazareth, Bloomberg News
3 minute read
November 28, 2022 | The Legal Intelligencer
Pa. Judge Backs Penalties Against County in Voting Machine CaseA Pennsylvania judge has recommended the state's high court impose civil contempt penalties against a Republican-majority county government that this summer secretly allowed a third party to copy data from voting machines used in the 2020 election lost by former President Donald Trump.
By Mark Scolforo, The Associated Press
2 minute read
November 23, 2022 | Daily Business Review
Meta Killed Plans for Homegrown VR Fitness App, FTC SaysThe U.S. Federal Trade Commission said Meta Platforms Inc. stifled competition when it halted plans to build its own virtual reality fitness app and opted to buy Within Unlimited Inc. instead. But the company denied that it ever planned to move forward with a product.
By Alex Barinka and Leah Nylen, Bloomberg News
5 minute read
November 23, 2022 | Daily Business Review
Farmer's Death Spurs Dispute Over Marijuana LicenseMoton Hopkins went from being one of the state's most-successful Black farmers to working odd jobs to support his family, after a devastating drought and discrimination by the federal government wiped out the Florida native's livelihood.
By Dara Kam, News Service of Florida
6 minute read
November 23, 2022 | Daily Business Review
Paul Renner Takes Helm of State HouseOn Tuesday, more than eight years after losing the primary to Republican Jay Fant by the narrowest of margins, Renner took the gavel as state House speaker—one of the most powerful positions in Florida.
By Jim Saunders, News Service of Florida
4 minute read
November 22, 2022 | Daily Business Review
Crypto Lender Sued for Blocking 2021 Withdrawals by Wealthy InvestorsCryptoasset lender Nexo Capital Inc. was sued in London by investors who allege they were blocked from withdrawing parts of their $126 million in assets from the exchange in March 2021, when one bitcoin was worth more than $54,000.
By Upmanyu Trivedi, Bloomberg News
2 minute read
November 22, 2022 | Daily Business Review
A Rail Strike Looms; Impact on US Economy Could Be BroadOne of the biggest rail unions rejected its deal Monday, joining three others that have failed to approve contracts over concerns about demanding schedules and the lack of paid sick time. That raises the risk of a strike, which could start as soon as Dec. 5.
By Josh Funk, The Associated Press
7 minute read
November 21, 2022 | Daily Business Review
US, EU Aim to Hit Back at Non-Market Policies With Eye on ChinaThe U.S. and the European Union aim to work together to counter what they call non-market policies, including in China, according to a draft statement ahead of high-level talks due in Washington next month.
By Alberto Nardelli and Jorge Valero, Bloomberg News
4 minute read
November 21, 2022 | Daily Business Review
US Justices Asked to Hear Dog Toy Dispute. Will They Bite?The company that makes Jack Daniel's is howling mad over a squeaking dog toy that parodies the whiskey's signature bottle. Now, the liquor company is barking at the door of the U.S. Supreme Court.
By Jessica Gresko, The Associated Press
4 minute read
November 21, 2022 | Daily Business Review
Crypto Exchange Tokens Pose 'Extreme' Risk, BOE's Cunliffe SaysExchange-issued crypto tokens such as bankrupt FTX Group's FTT can pose "extreme" risks when accepted by their issuers as collateral, Bank of England Deputy Governor Sir Jon Cunliffe said.
By Emily Nicolle/Bloomberg News
2 minute read
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