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

Category: News

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
wishing well with coins

Flying Too High? Nvidia’s Record Earnings Erased by Historic $279 Billion Loss

wishing well with coins

File this one under “be careful what you wish for.” Courtesy of the artificial intelligence boom, software company Nvidia ascended rapidly to become the dominant supplier of specialized AI chips. For a brief while, it was the most valuable...

Read More
Well-trod footpath through green woods

As Talk of ESG Ebbs in Public, Companies Quietly Commit to Goals

Well-trod footpath through green woods

The relationship between corporate America and the environmental, social and governance movement is following a well-trod pattern familiar to fans of the TV show Breaking the Band on REELZ. The Beatles, Van Halen, Spice Girls – splashy debu...

Read More
Person standing at the summit of a cliff

Consensus Yet to Form on California’s Approach to AI Regulation

Person standing at the summit of a cliff

The state of California tends to lead the way in applying progressive policies to emerging business issues, so should come as no surprise that lawmakers in the Golden State are trying to address some of the landmines around artificial intel...

Read More
kid toughing it out on monkey bars

SEC Approves Tougher Standards for Auditor Liability

kid toughing it out on monkey bars

The Securities and Exchange Commission has approved a proposal from the Public Company Accounting Oversight Board intended to make it easier for the regulatory agency to hold an individual responsible when that person “directly and substant...

Read More