The Latest

  • non compete ban on private equity
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    P_Wei via Getty Images
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    Nonbanking financial institutions must notify FTC of breach under now-live amended rule

    Breached organizations must now notify the Federal Trade Commission of security incidents no later than 30 days after discovery.

  • legal team use of AI
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    Shutthiphong Chandaeng via Getty Images
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    Opinion

    How legal teams are mastering AI

    By focusing first on automating high-volume tasks, attorneys and other legal staff become comfortable using the new tools from the ground up.

  • Muldrow SCOTUS decision
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    MStock via Getty Images
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    Door opens wider for workplace discrimination claims

    A notable Supreme Court ruling makes clear that employees need not show “significant harm” in job transfer bias cases.

  • Two people use side-by-side ATMs.
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    Justin Sullivan / Staff via Getty Images
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    On-demand pay could create wage violations, Connecticut cautions employers

    The warning comes as states and the federal government weigh options for regulating earned wage access products.

  • DOT goes after airline fees; Airlines for America sues
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    Joe Raedle via Getty Images
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    Rulemaking is the wrong way to get fee transparency, airlines say in DOT lawsuit

    An industry coalition accuses the federal government of regulatory overreach for releasing a rule mandating how airlines are to disclose ancillary fees to consumers.

  • A man and woman hold a photo of their daughter.
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    Kent Nishimura via Getty Images
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    Boeing may face criminal charges over fatal 737 Max crashes: DOJ

    The aircraft maker could now be on the hook for defrauding federal regulators over two 737 Max crashes that killed 346 people.

  • A sign for Discover Financial Services
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    Scott Olson via Getty Images
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    Fed, OCC to hold public meeting on Capital One-Discover deal

    Concerns about the $35B merger proposal, which has already faced opposition, are likely to surface again at the July public meeting.

  • Fines are a small burden for large companies like Amazon
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    Octavio Jones via Getty Images
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    Big fines aren’t burdensome for many companies, analysis finds

    In a number of cases, headline-grabbing fines only require a few days’ worth of earnings to pay.

  • A Bed Bath & Beyond label scar is seen on a beige storefront with a blue sky.
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    Nate Delesline III/Sisanit
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    Former Bed Bath & Beyond sues Hudson Bay investors for $300M

    The lawsuit states that the hedge fund reaped a short-swing profit weeks before the retailer's bankruptcy. Hudson Bay disputes the claims.

  • Hooded hacker sits in front of computer screens.
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    dem10 via Getty Images
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    Fraud detector Traceable zeroes in on GenAI threats

    The startup is rolling out new AI-related threat detection capabilities on the heels of securing $30 million in funding from investors, including Citi Ventures.

  • A paper is shown with the words Paycheck Protection Program Borrower Application Form
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    Creative via Getty Images
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    Kabbage to pay $120M in PPP fraud settlements with DOJ

    The second-largest PPP lender in the nation by application volume “knowingly submitted thousands of false claims” and employed lax fraud controls, the Justice Department said.

  • Judge’s gavel, Themis sculpture and collection of legal books on the brown background.
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    Zolnierek via Getty Images
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    Challenge to SEC’s proxy reporting rule dismissed by appeals court

    The Fifth Circuit Court of Appeals said the lawsuit put forward by four Republican-led states lacked standing and failed to provide evidence of alleged increased compliance costs.

  • Rohit Chopra, Director of the Consumer Financial Protection Bureau, giving a speech in an auditorium.
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    Anna Moneymaker via Getty Images
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    CFPB will keep defending late fee cap

    The 5th Circuit Court of Appeals blocked the Consumer Financial Protection Bureau’s $8 late fee cap on Friday, but the federal agency said it will continue to “defend” the rule.

  • Workers on a roof on a sunny day.
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    Mario Tama via Getty Images
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    OSHA heat standard clears regulatory hurdle

    A committee has unanimously recommended that the agency advance the proposal for a heat safety rule.

  • Warner Chappell v. Nealy SCOTUS copyright case
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    Maury Phillips via Getty Images
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    SCOTUS decision vastly expands potential copyright damages

    In a high-profile case involving music popularized by Flo Rida and other rap artists, the top court opens the door to big awards for infringement.

  • Red Hat DEI lawsuit filed by America First
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    Courtesy of Red Hat
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    Red Hat’s DEI program discriminatory, lawsuit says

    A senior manager says he was fired for being white and male and retaliated against for his merit-based hiring advocacy.

  • The White House in Washington, D.C.
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    TriggerPhoto via Getty Images
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    White House wants to hold the software sector accountable for security

    Federal officials are taking steps toward a long-stated goal of shifting the security burden from technology users to the companies that build it.

  • garden leave as alternative to noncompete agreement
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    William_Potter via Getty Images
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    Garden leave could add value as noncompete alternative

    Paying outgoing employees to remain as a resource while a replacement gets up to speed could gain currency as companies seek new ways to protect their interests.

  • Microsoft AI antitrust concerns
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    jeenah Moon via Getty Images
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    Opinion

    Microsoft is thinking out of the box on AI. Will the Biden Administration?

    Microsoft’s moves in the AI space are the kind of “nonacquisition acquisitions” that the FTC should look at closely through an antitrust lens.

  • The U.S. Securities and Exchange Commission seal hangs on the facade of its building.
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    Chip Somodevilla via Getty Images
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    Upstart subpoenaed by SEC over AI, loans

    “We are cooperating with the SEC and are unable to predict the outcome of this matter,” the fintech lender said in a filing Tuesday.

  • Mountain Express
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    Retrieved from Mountain Express.
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    Mountain Express’ former CFO testifies that leadership siphoned funds

    The court also spoke with the counsel for a Mountain Express subsidiary, who said its CEOs may have funneled more than $14 million from the company.

  • California's Attorney General Rob Bonta speaks at a press conference.
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    Justin Sullivan via Getty Images
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    California bans hidden fees starting July 1

    The state will require businesses to include all mandatory fees in listed prices, making it harder for restaurants to impose service charges.

  • Clarify Capital noncompete ban survey
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    Cecilie_Arcurs via Getty Images
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    16% of employees plan to quit once noncompete ban takes effect

    7% plan to start a rival business, according to a survey of 500 employees conducted by a small business lender.

  • AI in in-house legal processes
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    z_wei via Getty Images
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    Opinion

    3 practical business applications for AI in corporate legal

    Legal bill review, spend management and matter management are ways that in-house legal teams can use AI in their operations today.

  • Fingers hover over a computer keyboard with numbers on a screen, against a shadowy backdrop.
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    jariyawat thinsandee via Getty Images
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    Only 34% of firms deploy safeguards against generative AI threats: Splunk

    Generative AI gives cyberattackers an edge over cyber-defenders, according to security experts surveyed by Splunk.