As investors press Exxon Mobil on climate issues, activists say that a hedge fund’s eco-focused victory over the oil giant two years ago has achieved little. Story Published at: May 31, 2023 at 12:18PM Continue Reading…
Reassessing the Board Fight That Was Meant to Transform Exxon
Is It Fraud, or Is It ‘Puffery’?
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’?
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…
Sam Bankman-Fried’s Phone Call to His Parents: ‘There Might Be a Liquidity Issue’
The onetime crypto mogul also says he’s running out of funds, holed up in the Bahamas. Story Published at: December 1, 2022 at 12:22AM Continue Reading…
Crypto Lender BlockFi Files for Bankruptcy as FTX Fallout Spreads
BlockFi was financially entangled with FTX, and its stability was thrust into uncertainty after FTX collapsed. Story Published at: November 28, 2022 at 03:23PM Continue Reading…
Florida’s ‘Stop WOKE’ Act Gets Pushback in Court
A federal judge blocked a key provision of the state’s law aimed at private businesses, calling it something you might find in an alternate universe. Story Published at: August 19, 2022 at 01:48PM Continue Reading…
The Fed Sees Housing Trouble Ahead
There have been conflicting signals in the housing market. And several factors may stop any slowdown from turning into a slump. Story Published at: August 18, 2022 at 02:26PM Continue Reading…
A Tax Loophole’s Powerful Defender
Senator Kyrsten Sinema had one main request before she would support a key spending bill: Preserve a tax loophole that mainly benefits people in private equity. Story Published at: August 5, 2022 at 02:02PM Continue Reading…
Taking Stock of Pelosi’s Taiwan Trip
More fallout may be ahead for businesses and investors from a visit that tested China’s appetite for confrontation. Story Published at: August 3, 2022 at 02:09PM Continue Reading…
Doing the Math on the Inflation Reduction Act
The bill involves at least $260 billion in spending over 10 years, with a focus on energy and climate, but it would raise taxes by more than that, a congressional analysis found. Story Published at: August 2, 2022 at 02:36PM Continue Reading…