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Daily Business Review

Crypto's Y2K Moment Comes as Ethereum Upgrades Network

The revamp, known as the Merge, is being billed as a seamless transition that shouldn't be noticeable to users of the most commercially important blockchain.
4 minute read

Daily Business Review

Hyundai, Korean Battery Makers Bristle at Biden Climate Bill

South Korea's trade ministry is considering asking the U.S. to postpone the Inflation Reduction Act, even just for two or three years, during which time Hyundai could build a new EV plant and qualify for subsidies under the new rules.
5 minute read

Texas Lawyer

Dallas Lawyer Gets 5-Year Sentence for Money Laundering

According to plea papers, Jackson admitted to willingly laundering $380,000 for an individual he believed was a drug trafficker but was actually an undercover DEA agent.
3 minute read

Daily Business Review

Student Loan Relief Will Cost Billions, Favor Top Earners

Loan forgiveness has become a tricky issue for the White House, as it tries to appeal to younger voters ahead of the midterms, while also trying to show Democrats as good stewards of the economy.
3 minute read

Daily Business Review

Crypto Traders Flock to Hardware Wallets as Hacks Roil Industry

Unlike many digital wallets, hardware ones keep a crypto user's private keys, which are the passwords they need to access their blockchain assets, offline.
4 minute read

Daily Business Review

Goldman Faces June Trial in Massive Gender-Bias Class Action

Cristina Chen-Oster, a Massachusetts Institute of Technology graduate, claims Goldman Sachs permitted its managers to make biased pay and promotion decisions, systematically denying women opportunities they deserved.
2 minute read

Daily Business Review

Bed Bath & Beyond Leads Rout in Meme Stocks as Mania Fizzles

Bed Bath & Beyond Inc. tumbled 14% after a report some suppliers were restricting or halting shipments altogether after the company fell behind on payments.
3 minute read

Daily Business Review

DeSantis Taps Donors Griffin, Tudor Jones in $142 Million Haul

Raising the bulk of his money from a small number of wealthy donors writing him giant checks gives Gov. Ron DeSantis plenty of money for his reelection effort in Florida, where laws allow unlimited contributions.
5 minute read

Daily Business Review

Wall Street Bears Take Revenge After a $7 Trillion Rally

A fast pace of monetary tightening, and the resulting economic fallout, is the biggest risk for money managers all over the world, with interest rates a key driver of corporate valuations.
4 minute read

Daily Business Review

ESG Confusion Prompts Watchdog's Demand for Rethink of Rules

Concerns that investors are misinterpreting existing rules come as ESG increasingly finds itself a magnet for criticism.
4 minute read

More from ALM

More from ALM

Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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