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Daily Business Review

Firm Proposes Taser-Armed Drones to Stop School Shootings

The product idea had been kicked around at Axon since at least 2019 and the company has been working to try to figure out whether a drone with a Taser was even a feasible idea.
6 minute read

Daily Business Review

Bitcoin Reclaims $31,000 Level After Weeks of Languishing

Bitcoin has been trading around the $30,000 level for weeks now, defying predictions of a potential further decline but also struggling to gain upward momentum as the broader U.S. market has also taken a beating.
2 minute read

Daily Business Review

Tariff Fight Paralyzing Solar Threatens American Steelmakers

As solar-installation advocates pitch a different approach to trade policy, several U.S. senators have made direct appeals to President Joe Biden, encouraging him to factor climate into the inquiry.
5 minute read

Daily Business Review

Male Executives Control More S&P 500 Shares Than Women

As more women get promoted to C-suite jobs, a larger share of their overall compensation comes from equity or stock options, and the disparity with male peers grows.
2 minute read

Daily Business Review

AM Best Rating Agency Says Pressures Continue for Insurers

Recent legislation set aside $2 billion in tax dollars to provide additional reinsurance to insurers that otherwise might not be able to buy it in the private market.
4 minute read

Daily Business Review

US Has Over 750 Complaints of Teslas Braking for No Reason

The National Highway Traffic Safety Administration said it was looking into vehicles equipped with automated driver-assist features such as adaptive cruise control and "Autopilot," which allows them to automatically brake and steer within their lanes.
4 minute read

Daily Business Review

Frontier, Spirit Add $250M Breakup Fee to Merger Deal

Shareholders of Florida-based Spirit are scheduled to vote June 10 on Frontier's stock and cash offer, which has the unanimous support of the Spirit board.
2 minute read

Daily Business Review

Florida Power & Light Points to 1989 Storm in Disputed Proposal

The Florida Power & Light proposal calls for upgrading existing power plants to add 700 megawatts of generation capacity to help meet peak winter demand.
4 minute read

Daily Business Review

Florida Governor Signs Record Budget, Vetoes $3.13 Billion

"What we're doing in the budget is making sure that we're meeting the obligations and making sure we're funding key priorities, but also protecting the state against what very well may be a Biden-induced recession," Florida Gov. Ron DeSantis said.
5 minute read

The Legal Intelligencer

3rd Circ.: Direct Investment in Every Fund Not Necessary for Standing in ERISA Class Action

The U.S. Court of Appeals for the Third Circuit has upheld a district court decision granting class certification to a group of retirement plan participants who alleged breach of fiduciary responsibility in their suit against plan administrators.
4 minute read

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More from ALM

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

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