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19 Jan 2023, 6:05 am
[Bloomberg] * Flo Rida wins $82 million in dispute with energy drink company. [read post]
19 Jan 2023, 3:00 am
According to an analysis by Bloomberg Law’s Emily Rouleau, “mega deals” didn’t escape the overall downturn in M&A activity last year: After reaching an annual deal count of 46 in boom-year 2021—which was one of the highest annual counts of mega deals on record, according to Bloomberg data—a total of 34 M&A mega deals, valued […] [read post]
19 Jan 2023, 3:00 am
According to Bloomberg, the SEC and federal prosecutors are also investigating internal financial dealings of related entities. [read post]
18 Jan 2023, 11:34 am
The new legislation follows a Bloomberg interview in early January in which a commissioner for the Consumer Product Safety Commission (CPSC) in Washington set off a firestorm by saying his agency could issue a federal ban on the sale of new gas stoves in response to alleged health concerns. [read post]
18 Jan 2023, 6:54 am
(Aziz Huq, POLITICO) Supreme Court Rejects Appeal on Use of Covid Aid for Tax Cuts (Greg Stohr, Bloomberg) U.S. [read post]
18 Jan 2023, 6:09 am
[Bloomberg] * Michael Cohen is back in the news, speaking with prosecutors about the Stormy Daniels hush money deal. [read post]
17 Jan 2023, 2:15 pm
(credit: Getty Images | Bloomberg) Jury selection in a class-action lawsuit against Tesla CEO Elon Musk began today in a federal courthouse in San Francisco. [read post]
17 Jan 2023, 10:26 am
The Bloomberg recognition highlights how unique that Drake Law experience is. [read post]
17 Jan 2023, 6:11 am
(credit: FT Montage/Bloomberg) The bill for Elon Musk’s purchase of Twitter is coming due, with the billionaire facing unpalatable options on the company’s enormous debt pile, ranging from bankruptcy proceedings to another costly sale of Tesla shares. [read post]
17 Jan 2023, 6:04 am
[Bloomberg] * Tensions may be developing between Supreme Court justices. [read post]
16 Jan 2023, 8:01 am
That same evening, Rawlinson told Bloomberg News that production of the first Lucid car would be delayed until at least the second half of 2021, and that the company was projecting 2021 production of 557 vehicles, instead of 6,000 as he had previously said. [read post]
16 Jan 2023, 7:35 am
From Bloomberg: A retired Wall Street executive, who has been happily married for 25 years, is creating a website he hopes will be a top destination for people going through divorces and breakups. [read post]
16 Jan 2023, 2:20 am
To best protect yourself and your loved ones, we encourage you to speak with a trusted advisor to craft your cryptocurrency plan. [1] Grace Ferguson, How a cryptocurrency fortune crippled a deceased billionaire’s estate, The Daily Dot (Dec. 23, 2021), https://www.dailydot.com/debug/death-internet-cryptocurrency-matthew-mellon/. [2] This man owns $321M in bitcoin — but he can’t access it because he lost his password, CBC Radio-Canada (Jan. 15, 2021),… [read post]
15 Jan 2023, 7:52 am
“Abortion Protesters Get Probation for Disrupting Supreme Court”: Lydia Wheeler of Bloomberg Law has this report. [read post]
14 Jan 2023, 1:38 am
" For the avoidance of doubt, the two journalists who merely moderated the panels--Carmen Perales from PaRR and Bloomberg's Irene García Pérez--cannot be blamed. [read post]
13 Jan 2023, 1:22 pm
For example, Bloomberg’s Matt Levine has written about how the London Metal Exchange almost blew up after a nickel trader couldn’t make good on a massive short position.This is basically what SBF says happened to FTX: FTX allowed Alameda to make huge, leveraged bets on the value of volatile cryptocurrencies. [read post]
13 Jan 2023, 8:46 am
The Associated Press, Bloomberg, CNBC, Wall Street Journal publisher Dow Jones, the Financial Times, Insider and the Washington Post filed a joint motion. [read post]
13 Jan 2023, 8:36 am
“US Supreme Court Waits, and Waits Some More, to Issue First Opinion; Delay in issuing any rulings yet this term has been historic; May be due to politics, a leak or the loss of a speedy writer”: Greg Stohr of Bloomberg News has this report. [read post]
13 Jan 2023, 8:00 am
Bloomberg, How to Get Ready for New Venmo Tax Rules Bloomberg, IRS Early Failure to Audit Trump Returns Is a Scandal in Itself Bloomberg, OECD Picks Former US Treasury Official to Lead Tax Policy Center Bloomberg, SPACs Win Small Respite Under IRS Stock-Buyback Tax Guidance Bloomberg, Tax Expenditure Scrutiny Can... [read post]
13 Jan 2023, 7:22 am
Here’s the Friday morning read: Supreme Court decision creates confusion over which firearm restrictions are constitutional (Nadine El-Bawab, ABC News) Google claims a Supreme Court defeat would transform the internet – for the worse (Brian Fung, CNN) Supreme Court Waits, and Waits Some More, to Issue First Opinion (Greg Stohr, Bloomberg Law) William Consovoy Dies at 48; Took Conservative Cases to the Supreme Court (Clay Risen, The New York Times) Lawmakers set to press… [read post]
