Month: September 2024
SubscribeBoosted by AI, Nuclear Power is Having a Moment
It’s a widely shared concern that artificial intelligence has the potential to create disaster of some kind for our species. It seems only fitting, then, that to feed the energy needs of its AI services, Microsoft has turned to the nuclear...
Read MoreMass Resignation of 23andMe Directors Caps Year Beset by Board Drama
In the latest example of board-related drama in a year riddled with it, embattled genetic testing company 23andMe was dealt yet another blow last week when all seven of its independent directors resigned en masse over disagreements about th...
Read MoreThree Noteworthy Trends from SEC’s Latest Enforcement Push
September is the month when temperatures start dropping, leaves start turning, and the Securities and Exchange Commission starts enforcing. To be fair, the SEC enforces securities law all year round, but the agency has made the September fl...
Read MoreNew Quality Standard Heightens Fears of Accounting Brain Drain
Fans of Christian Wolff rejoiced earlier this year when news broke that filming had started for the latest installment of the adventures of the autistic CPA and mercenary do-gooder portrayed by Ben Affleck. Nine years after The Accountant f...
Read MoreLawsuits Renew Scrutiny of Big Banks’ Deceptive Practices on Cash Sweep Accounts
Following a steady stream of accusations that big banks like JPMorgan Chase and Wells Fargo have deceived and cheated investors for years, recent lawsuits are shining a light on how banks secretly manage – or mismanage – so-called cash swee...
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