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Daily Business Review

'Cryptojacking' Attacks on Financial Firms Surged in First Half

As more finance firms move their applications to cloud-based systems, hackers are distributing malware across corporate servers and other devices, or hijacking Wi-Fi networks to gain access.
2 minute read

Daily Business Review

Climate Activists Are 'Fight Back' by Deflating SUVs

Since March, an anonymous collective called Tyre Extinguishers has deflated the tires of nearly 6,500 SUVs in Austria, Canada, France, Germany, New Zealand, the Netherlands, Sweden, the U.K. and the U.S.
5 minute read

Daily Business Review

IMF Cuts World GDP Outlook Again as Inflation, Rates Jump

The International Monetary Fund says that global economic expansion will likely slow to 3.2% this year, less than the 3.6% forecast by the fund in April and the 4.4% seen in January.
3 minute read

Daily Business Review

Coinbase Faces SEC Probe on Crypto Listings; Shares Tumble

U.S. Securities and Exchange Commission Chair Gary Gensler has homed in on trading platforms and argued that they should do more to protect retail investors.
4 minute read

Texas Lawyer

Central Issue Emerges as US Manufacturers Sue SEC Over Regulation of Proxy Advisory Firms

"NGS has been forced to file supplemental proxy statements in response to this misleading proxy advice in seven of the past nine annual proxy seasons," Natural Gas Services alleged.
5 minute read

New York Law Journal

Manhattan Federal Prosecutor Unseals Indictments for 4 Insider Trading Schemes

Among those charged was ex-U.S. Rep. Stephen Buyer, who served as an Indiana Republican from 1993 to 2011, who feds say used nonpublic information gleaned from his consulting work to trade stocks ahead of two M&A announcements.
3 minute read

Daily Business Review

Florida Insurers Face Ratings Change That Could Raise Costs

Borrowers with insurance backed by companies rated below A could find themselves in default of the terms of their home loans.
2 minute read

Daily Business Review

1 Fund, 3 Names and Lots of Questions for BlackRock's 'ESG'

BlackRock Chief Executive Officer Larry Fink has taken flak from all sides for promoting environmental, social and governance-style investing.
7 minute read

Daily Business Review

Yellen Downplays Recession Risk as Economic Reports Loom

"We've got a very strong labor market," Treasury Secretary Janet Yellen said. "This is not an economy that's in recession."
4 minute read

Daily Business Review

Manufacturing CEOs Want to Bring More Chip Production to US

Almost 90% of whole-good, component and portable-good manufacturers said ramping up the domestic output of components and chips could relieve supply-chain pressures.
2 minute read

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