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National Law Journal

House Can Subpoena Trump's Tax Records, but With Limits, DC Circuit Rules

The decision marks the third time the court has handled an appeal on the Mazars subpoena, which has already been before the U.S. Supreme Court once.
3 minute read

Law.com

State Appellate Court: Attorney Convicted of Embezzlement Had No 'Traditional and Customary' Fiduciary Duty to Lender

The Maryland Court of Special Appeals recently upheld the Client Protection Fund trustees' denial of a man's initial $3.1 million claim for misappropriated funds, finding an attorney who was convicted of embezzling the money was not acting in fiduciary capacity that is "traditional and customary in the practice of law in Maryland."
5 minute read

Corporate Counsel

Compliance Departments Brace for Hiring Challenges as Regulatory Activity Spikes

Of the nearly 500 compliance practitioners who participated in the latest "Cost of Compliance" study, 66% expected the cost of senior compliance staff to increase during the next year, up from 47% in last year's survey.
3 minute read

Daily Business Review

Former Apple Executive's SPAC Goes Bankrupt in a Year

Ron Johnson is better known as the co-creator of Apple's retail arm and for an attempted turnaround of J.C. Penney Corp.
3 minute read

Daily Business Review

US Newspapers Continuing to Die at Rate of 2 Each Week

News "deserts" are growing: A new report estimated that some 70 million Americans live in a county with either no local news organization or only one.
3 minute read

Daily Business Review

Climate Concerns Grow as US Helps Europe Replace Russian Gas

"We have to face the reality that today Europe's system is dependent on gas," said Amos Hochstein, President Joe Biden's point man for global energy problems. "And I need to make sure that people in the winter have heating, and they have electricity."
6 minute read

Daily Business Review

Consumer Spending Cools in Sign of Economy on Weaker Footing

The slowdown in consumer spending, the main driver of the U.S. economy, adds to growing concerns about the economic outlook.
3 minute read

Daily Business Review

Amazon, Rite Aid Cap Purchase of Emergency Contraceptives

Amazon did not share details on what emergency contraceptive products were limited for purchase, but a listing showed the cap applied to Plan B, the popular "morning after" pill.
3 minute read

Daily Business Review

Merger Vote at Spirit Could Reshape Discount Airline Market

Spirit is the largest budget airline in the United States, but its days as a stand-alone company appear numbered.
6 minute read

Daily Business Review

Dealmakers Buckle Up as Records Give Way to Ruptures in M&A

Deals are down across all major regions and most sectors, with an increasing number stalling altogether.
5 minute read

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