Photograph of skyscrapers with glass windows from the ground facing up to a blue sky

Month: September 2024

abandoned Chernobyl bumper cars

Boosted by AI, Nuclear Power is Having a Moment

abandoned Chernobyl bumper cars

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 More
DNA double helix

Mass Resignation of 23andMe Directors Caps Year Beset by Board Drama

DNA double helix

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 More
Three gourds

Three Noteworthy Trends from SEC’s Latest Enforcement Push

Three gourds

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 More
A puddle drains at sunset

New Quality Standard Heightens Fears of Accounting Brain Drain

A puddle drains at sunset

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 More
broom sweeping cash into dust pail

Lawsuits Renew Scrutiny of Big Banks’ Deceptive Practices on Cash Sweep Accounts

broom sweeping cash into dust pail

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...

Read More