Courts have given companies some leeway to make (perhaps overly optimistic) sweeping statements, a practice lawyers call “puffing.” Story Published at: February 25, 2023 at 01:00PM Continue Reading…
Is It Fraud, or Is It ‘Puffery’?
Remembering Thomas H. Lee, a Veteran of Private Equity
The financier, who died at 78 years old, was known for prominent takeovers of Snapple and Warner Music. Story Published at: February 24, 2023 at 01:13PM Continue Reading…
Sam Bankman-Fried and 2 Former FTX Executives Face New Charges
Prosecutors accused FTX founder Sam Bankman-Fried and two unnamed people of making unlawful campaign donations using customers’ money. Story Published at: February 23, 2023 at 04:40PM Continue Reading…
Sale of Manchester United Highlights Pricey Bets on Soccer
Several bidders have emerged to buy the English soccer club, promising to pay billions to own a big piece of the world’s most popular sport. Story Published at: February 21, 2023 at 01:07PM Continue Reading…
‘Effective Altruism’ Led Bankman-Fried to a Little-Known Wall St. Firm
The FTX founder joined Jane Street Capital not to learn about controlling risk, which is its focus, but because the tenets of a philanthropic movement drew him there. Story Published at: February 21, 2023 at 08:00AM Continue Reading…
The Week in Business: A Chatbot Yearns for Existence
The nation’s growing budget deficit. Inflation is cooling, but not as quickly as expected. And the Fed will offer insights into its thinking. Story Published at: February 19, 2023 at 12:00PM Continue Reading…
Rethinking the “Digital Detox”
Experts say the best way to set boundaries with technology involve sustained effort, not just a break. Story Published at: February 18, 2023 at 01:00PM Continue Reading…
Rethinking the “Digital Detox”
Experts say the best way to set boundaries with technology involve sustained effort, not just a break. Story Published at: February 18, 2023 at 01:00PM Continue Reading…
Government Cracks Down on Crypto Industry With Flurry of Actions
State and federal agencies have levied fines, brought new cases and issued policy statements to rein in freewheeling practices in recent weeks. Story Published at: February 18, 2023 at 08:00AM Continue Reading…
Authorities Step Up Their Crypto Crackdown
A string of enforcement actions, the latest involving the multibillion-dollar collapse of Terraform Labs, has put the chill on a recent Bitcoin rally. Story Published at: February 17, 2023 at 12:36PM Continue Reading…