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Daily Business Review

Adidas Seeks New CEO Following Rorsted's Surprise Departure

Addidas, the German company known for its three-stripe logo, credited Kasper Rorsted for helping speed up the brand's digital transformation, in particular its focus on direct-to-consumer sales, and doubling sales in North America, the world's largest sporting goods market.
4 minute read

Daily Business Review

Florida Unemployment Rate Matches Pre-COVID-19 Level

The chief economist for the Florida Department of Economic Opportunity said the state economy continues to benefit from reopening earlier than other states after the initial hit of the pandemic.
3 minute read

Daily Business Review

The Big Money Musk Sees in Lithium Is Getting Harder to Make

Elon Musk described lithium refining as the hard part in the complex process of getting raw materials out of the ground and into Tesla's cars.
4 minute read

Daily Business Review

US Mortgage Lenders Starting to Go Broke as Rates Spike

Market watchers expect a string of bankruptcies broad enough to trigger a jump in layoffs in an industry that employs hundreds of thousands of workers.
5 minute read

Daily Business Review

NFT Prices Diverge Sharply as Ethereum 'Merge' Mania Intensifies

Since the most valuable nonfungible tokens, such as artwork of bored apes and punky-looking characters, are sold for Ether, both typically tend to move in lockstep.
3 minute read

National Law Journal

With $150 Million at Stake, SCOTUS Will Hear First Abandoned Property Case in 30 Years

Delaware is challenging the recommendations of a special master over what state gets to claim abandoned MoneyGram funds.
6 minute read

Daily Business Review

Chipmakers Flashing More Warnings on the Global Economy

Fading tech demand highlights a darkening picture as Russia's war on Ukraine and rising interest rates damp activity.
4 minute read

Daily Business Review

Amazon: FTC Probe Hounding Bezos, Execs; Subpoenas Too Broad

Federal regulators want Amazon founder Jeff Bezos and senior executives to answer questions about Amazon Prime, the popular streaming and shopping service with free delivery and an estimated 200 million members around the globe.
3 minute read

Daily Business Review

Florida Tax Estimates Increase Amid Questions on Ecomony

The revised projection means state lawmakers will have more money to play with as they draw up a budget during the 2023 legislative session.
4 minute read

New York Law Journal

Familiar Themes in DFS's First Enforcement Action Against Virtual Currency Company

The Robinhood Crypto order is the first major cryptocurrency-related enforcement action by DFS. It is consistent with increased attention by DFS on the industry in the last year.
8 minute read

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

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