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Law & Policy
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TD Bank agrees to $3 billion settlement in U.S. money laundering case, faces asset cap
The $3 billion settlement and asset cap imposed by U.S. regulators mark a difficult chapter for the Canadian bank.
Who is Leslie Abramson? Everything to know about Menendez Brothers’ lawyer
Leslie Abramson made headlines as the defense attorney for Lyle and Erik Menendez, the brothers convicted of murdering their parents in 1989.
What Is Elon Musk’s lawsuit against Jack Smith? case explained
Elon Musk has filed a lawsuit against Jack Smith, raising significant questions about freedom of speech and the influence of social media in legal proceedings.
Missouri court ends Halloween sign requirement for Sex offenders
A federal court has ruled that sex offenders in Missouri no longer need to display signs at their homes on Halloween. The court found the mandate unconstitutional, emphasizing that such restrictions violate free speech and personal rights.
Florida ruling could shake up whistleblower protections and federal fraud claims
A Florida federal judge's ruling could weaken whistleblower protections under the False Claims Act, potentially discouraging fraud reporting and reshaping federal fraud claims. This decision may limit the ability to hold companies accountable for defrauding the government.
Florida ruling puts millions at risk for whistleblower lawyers
A recent Florida federal court ruling threatens to reduce the financial incentives for whistleblower lawyers under the False Claims Act. This decision could significantly impact the legal landscape, potentially discouraging whistleblowers and reducing the scope of fraud-related lawsuits.
Gurbir Grewal’s SEC legacy: A bold era of enforcement
Gurbir Grewal's tenure as SEC Enforcement Director marks a transformative period for the U.S. Securities and Exchange Commission.
Web developers demand fair play as Microsoft edge faces EU scrutiny
Microsoft’s Edge browser benefits from its default status on Windows, limiting user choice. Complaints from rival browsers and developers highlight issues of unfair advantage, prompting calls for EU intervention under the Digital Markets Act to enhance competition.
Exclusive: The underdog story in Opera and rivals vs. Microsoft Edge’s default monopoly
While it’s easy to dismiss the battle between Edge and its smaller rivals as a mere fight for market share, the stakes are much higher. As Opera’s court appeal against the European Commission reveals, this fight is really about choice, whether users are truly free to select the browser that best fits their needs, or whether they’re quietly nudged into sticking with whatever comes pre-installed.
Default or dominant: How Microsoft Edge Is undermining browser competition
Microsoft’s Edge browser, pre-installed and set as the default on millions of Windows devices, is drawing growing concerns from rival browser companies and industry advocates
Broadcasting turmoil: how bankruptcy is transforming sports media
The bankruptcy of Diamond Sports poses significant challenges to the landscape of sports broadcasting, particularly affecting Major League Baseball (MLB) teams. As regional broadcasters navigate financial turmoil, the future of sports media rights remains uncertain, impacting fans, teams, and networks alike.
Diamond sports to terminate most MLB partnerships, retains braves
Diamond Sports, a key regional sports broadcaster, is poised to cut ties with all Major League Baseball (MLB) teams, except the Atlanta Braves, amid its ongoing bankruptcy proceedings. This decision could significantly impact MLB's broadcasting landscape and fan engagement.
Legal ramifications for western financial institutions
The recent freezing of funds belonging to US banks JP Morgan and BNY Mellon by a Russian court could have far-reaching legal consequences for Western financial institutions operating in Russia. This action raises questions about asset security, international banking regulations, and future legal precedents.
Russia’s court freeze: What it means for US-Russia banking ties
Russia's decision to freeze the funds of U.S. banking giants JP Morgan and BNY Mellon marks a significant escalation in the financial standoff between Russia and the West. This move signals deeper geopolitical tensions that could disrupt international banking systems and alter future trade dynamics.
Growing institutional interest in Crypto
Bitwise's recent filing for an XRP Exchange-Traded Product (ETP) highlights the growing institutional interest in crypto investments. As institutional players seek secure, regulated avenues to access cryptocurrencies, this trend signals the mainstream adoption of digital assets in the financial sector.
Atlantic City hotels win legal battle, but AI’s role in pricing raises ethical questions
Critics argue that AI algorithms can create a kind of "algorithmic tacit collusion," where independent companies, without directly communicating, end up behaving as though they have agreed to set similar prices, cases like Atlantic City hotels act as contributing factors to the same, as said by experts.