Category: News
SubscribeLawsuits 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...
Read MoreFlying Too High? Nvidia’s Record Earnings Erased by Historic $279 Billion Loss
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 MoreAs Talk of ESG Ebbs in Public, Companies Quietly Commit to Goals
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 MoreConsensus Yet to Form on California’s Approach to AI Regulation
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 MoreSEC Approves Tougher Standards for Auditor Liability
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...
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