News & Analysis as of

Unions Financial Markets

Robins Kaplan LLP

Broadcom Weighing $60B Bid for Hybrid Cloud Co. VMWare

Robins Kaplan LLP on

Broadcom is in the throes of negotiations that would see it pay nearly $60 billion for VMWare Inc. in “what would be one of the biggest takeover deals of the year.” News of the potential deal by Broadcom, “a semiconductor...more

Robins Kaplan LLP

Fed Raises Interest Rates by 50 Basis Points, Biggest Jump Since 2000

Robins Kaplan LLP on

The Federal Reserve made good on Wednesday of months of rate-hike foreshadowing, announcing a half-percentage-point increase in interest rates and detailing a plan to shrink the central bank’s “massive bond holdings.” In...more

Robins Kaplan LLP

Union Bid Voted Down at Second Staten Island Amazon Warehouse

Robins Kaplan LLP on

In a major reversal of recent trends, workers at an Amazon warehouse not far from the first to unionize just last month rejected a similar effort to organize by a 2-1 margin. The result “was a setback for the upstart Amazon...more

Robins Kaplan LLP

Elon Musk Takes Surprise 9.2% Stake in Twitter

Robins Kaplan LLP on

The man who can move the entire crypto industry in 180 characters or less disclosed on Monday a massive new stake in that medium of choice, Twitter. That move made Elon Musk the single biggest shareholder of the social media...more

Robins Kaplan LLP

Peloton Founder Foley Steps Aside as CEO, Company to Restructure

Robins Kaplan LLP on

Not that far removed from a gangbusters pandemic performance by his company driven by exercise-crazed consumer panic-buying its bikes and treadmills, Peloton founder John Foley has stepped down as company CEO and announced...more

Robins Kaplan LLP

Financial Daily Dose 12.15.2021 - Board Dispute Over Bank-merger Rules Goes Public at FDIC

Robins Kaplan LLP on

Despite an outwardly polite virtual meeting of FDIC board members this week, a controversy is roiling just beneath the surface, with several board members questioning whether FDIC Chair Jelena McWilliams—a holdover from the...more

Robins Kaplan LLP

Financial Daily Dose 12.10.2021 - Buffalo Workers Unionize First Company-Owned Starbucks

Robins Kaplan LLP on

Workers at a Buffalo, NY-based Starbucks location have voted to unionize, the first ever union to form at one of Sbux’s “nearly 9,000 company-owned stores.” Though but one, the victory “represents a challenge to the labor...more

Robins Kaplan LLP

Financial Daily Dose 12.8.2021 - Embattled OCC Nominee Omarova Withdraws From Consideration

Robins Kaplan LLP on

Saule Omarova, the White House’s pick to helm the OCC, has withdrawing from consideration for the post, saying it was “no longer tenable” for her to seek the position following withering attacks from the banking industry and...more

Robins Kaplan LLP

Financial Daily Dose 12.3.2021 - Markets Bounce Back and Look for Strong November Jobs Report

Robins Kaplan LLP on

Jobs Report Friday, again. Here’s what we’re looking for in the numbers and why economists are generally optimistic about these pre-Omicron figures - NYTimes and WSJ and Bloomberg and MarketWatch Count Thursday as a...more

Robins Kaplan LLP

Financial Daily Dose 11.18.2021 | Top Story: FTC Considers Oil and Gas Industry Probe Over Price Bumps

Robins Kaplan LLP on

With gas prices on the rise across the United States, the White House is urging the Federal Trade Commission to investigate whether “illegal conduct” by “large oil and gas companies is pushing up . . . prices for American...more

Robins Kaplan LLP

Financial Daily Dose 11.1.2021 | Top Story: Barclays CEO Out Over Ties to Epstein

Robins Kaplan LLP on

Barclay’s CEO Jes Staley is stepping down immediately after a two-year investigation by the UK’s Financial Conduct Authority and the Prudential Conduct Authority into Staley’s “relationship with the disgraced financier...more

Robins Kaplan LLP

Financial Daily Dose 10.18.2021 | Top Story: Hollywood Crew Union Reaches Deal to Avert Strike; Shows to Go On

Robins Kaplan LLP on

Hollywood’s behind-the-scenes “version of blue-collar workers—camera operators, makeup artists, prop makers, set dressers,” and their ilk—reached a “tentative agreement for a new three-year contact with film and television...more

Robins Kaplan LLP

Financial Daily Dose 8.31.2021 | Top Story: China Clamps Down on Gaming for Kids and Teens

Robins Kaplan LLP on

Forget Big Brother and meet Big Parent, as Beijing released new strict limits “on how long minors can play online video games” on Monday. The rules, which bar kids and teens from online gaming on school days and limit them to...more

Robins Kaplan LLP

Financial Daily Dose 8.25.2021 | Top Story: Warby Parker to Go Public Via Direct Listing

Robins Kaplan LLP on

Trendy eyewear-maker (and Daily Dose fave) Warby Parker revealed plans on Tuesday to go public via direct listing—the latest in a series of companies in recent months to sidestep the traditional IPO process in favor of the...more

Robins Kaplan LLP

Financial Daily Dose 4.20.2021 | Top Story: Deadly Weekend Tesla Crash Prompts Federal Probe of Self-Driving Tech

Robins Kaplan LLP on

A fiery, deadly Tesla crash outside of Houston over the weekend is prompting a federal probe of the company’s self-driving autonomous mode for “potential gaps in self-driving car technology.” ...more

Robins Kaplan LLP

Financial Daily Dose 4.19.2021 | Top Story: Bitcoin Plummets In Correction Following Coinbase’s Public Debut

Robins Kaplan LLP on

Because volatility’s the name of the game whenever we’re talking cryptos, it’s hard to be too shocked by the news that last week’s banner Coinbase public market debut gave way to a digital currency walkback this weekend that...more

Robins Kaplan LLP

Financial Daily Dose 4.16.2021 | Top Story: Lower Jobless Claims and Big U.S. Retail Sales Power Dow Above 34,000

Robins Kaplan LLP on

More good economic news in the U.S. this week, with first-time jobless claims falling to 613k, a decrease of more than 150,000 from a week earlier and the lowest level of the pandemic. ...more

Robins Kaplan LLP

Financial Daily Dose 3.10.2021 | Top Story: Tech Stocks Rebound, Lifting Tesla and Bitcoin

Robins Kaplan LLP on

Tech stocks roared back on Tuesday just a day after the Nasdaq hit correction territory, as “buy-the-dip” won out and led to a nearly-4% jump for the tech-heavy index ...more

Robins Kaplan LLP

Financial Daily Dose 5.21.2020 | Top Story: Podcaster Joe Rogan Signs Spotify Deal Worth $100M

Robins Kaplan LLP on

Podcasting megastar (and, for me, “News Radio” jack-of-all-trades) Joe Rogan has signed a multiyear deal to bring his “Joe Rogan Experience” show to Spotify, an agreement that “could be worth more than $100 million based on...more

Robins Kaplan LLP

Financial Daily Dose 11.21.2019 | Top Story: UAW President Resigns After GM Accuses Fiat Chrysler of Bribery

Robins Kaplan LLP on

More than a bit of drama in the auto world yesterday, with General Motors suing rival Fiat Chrysler, accusing it of “bribing United Auto Workers officials to gain competitive advantages in contract negotiations.”  The UAW’s...more

Robins Kaplan LLP

Your daily dose of financial news - The Brief – 6.15.16

Robins Kaplan LLP on

A nasty May jobs report and fears about China’s markets have probably done in any plans the Fed had to raise rates in June [though maybe it shouldn’t wait much longer]. Here are the 5 things we should be watching when the...more

Orrick - Finance 20/20

Union Pension Fund Requests Approval of Settlement With Goldman Sachs in RMBS Litigation

Orrick - Finance 20/20 on

On August 13, 2015, union pension fund NECA-IBEW Health & Welfare (“NECA”) and the Police and Fire Retirement Systems of the City of Detroit (“PFRS”), acting on behalf of proposed classes of institutional and individual...more

22 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide