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Daily Business Review

Florida Power & Light Launches Plan to Eliminate Carbon Emissions

The plan would lead to massive increases in the use of solar panels and battery-storage technology, as well as shifting to what is known as "green hydrogen" at power plants and continuing to use nuclear power.
3 minute read

Daily Business Review

DeSantis Net Worth Drops in Third Year as Governor

Listing the $134,181 he made as governor as his only income, Ron DeSantis reported a net worth of $318,987 as of Dec. 31, 2021.
3 minute read

Daily Business Review

US Producer Prices Rise at Brisk Pace, Adding to Fed Pressure

The producer price index for final demand increased 0.8% from April and 10.8% from a year earlier, Labor Department data showed.
3 minute read

Daily Business Review

Bitcoin Turns Lower Again as Celsius Weighs on Sentiment

Cryptocurrencies have become emblematic of a flight from speculative assets as monetary policy is tightened around the world to fight inflation, draining liquidity from global markets.
3 minute read

Daily Business Review

Pimco Warned Treasury That Russia Sanctions Will Hit Pensions

Pacific Investment Management Co. executives made the point to the U.S. Treasury that a Russian default would allow President Vladimir Putin to keep foreign currency reserves that would have otherwise been paid to creditors, giving him more money for his war efforts.
3 minute read

Daily Business Review

Treasury Bond Yield Inversion Raises Worries Over Recession

Federal Reserve Chair Jerome Powell said he pays more attention to the first 18 months of the yield curve than what's going on between the two-year and 10-year yields.
5 minute read

Daily Business Review

Wall Street's Latest Bear Market May Be Here to Stay for a While

While the last bear market of 2020 was mostly a so-called shock trade brought about by the COVID-19 pandemic, earlier ones in 2000 and 2008 took much longer to find a bottom and then recover losses.
3 minute read

Daily Business Review

Higher Room Rates Could Put Damper on Florida Tourism

As the Visit Florida tourism-marketing agency celebrated record first-quarter tourism numbers, staff and board members also expressed concern that the increasing cost of hotel rooms is slowly affecting occupancy rates.
4 minute read

New York Law Journal

What Lawyers Need To Know About Non-Fungible Tokens: Part 2

In Part 1 of this series, the authors provided an overview of non-fungible tokens (NFTs), including what they are, whether they constitute securities under federal law, and related regulatory implications. Here, they address another key legal dimension of NFTs: intellectual property protections.
7 minute read

Connecticut Law Tribune

Federal Judge Orders New Securities Trial for Crypto-Product 'Paycoins'

While a federal judge upheld a jury's verdict that three cryptocurrency-related products were not securities as a matter of state or federal law, he sided with the plaintiffs' request for a new trial over a fourth product, Paycoin.
7 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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