Dean Foods, the largest milk company in the U.S., has filed for bankruptcy protection, a “fresh setback to a U.S. dairy industry struggling against declining U.S. milk consumption and rising competition.” Industry experts...more
11/13/2019
/ #MeToo ,
AbbVie ,
Allergan Inc ,
Automotive Industry ,
Blockchain ,
Bonds ,
Checking Accounts ,
China ,
Class Action ,
Commercial Bankruptcy ,
Compensation & Benefits ,
Congressional Investigations & Hearings ,
Consumer Financial Protection Bureau (CFPB) ,
Cryptocurrency ,
Data Collection ,
Disney ,
Economic Reform ,
Employment Litigation ,
Enforcement Actions ,
EU ,
Farms ,
Financial Services Industry ,
Google ,
Government Investigations ,
Imports ,
Internet Streaming ,
Investment ,
Loss of Income ,
Manufacturers ,
Market Manipulation ,
McDonalds ,
Nissan ,
Office Space ,
Overstock.com ,
Pharmaceutical Industry ,
Popular ,
Privacy Concerns ,
Revenue ,
SBA Lending Programs ,
Securities and Exchange Commission (SEC) ,
Securities Violations ,
Sexual Harassment ,
Sharing Economy ,
Small Business ,
SoftBank ,
Stock Prices ,
Tariffs ,
Trade Relations ,
Trade Wars ,
Trump Administration ,
US Trade Policies
WeWork is reportedly looking to swap out co-founder Adam Neumann for a similarly long-tressed and eccentric figure, T-Mobile’s John Legere. Legere is currently quite occupied with his company’s merger with Sprint, and his...more
11/12/2019
/ Administrative Law Judge (ALJ) ,
Buyouts ,
CEOs ,
Collateralized Loan Obligations ,
Data Collection ,
Data Management ,
Disney ,
Enforcement Authority ,
Google ,
High Yield Bonds ,
Internet Streaming ,
Lucia v SEC ,
Office Space ,
PHI ,
Saudi Arabia ,
Securities and Exchange Commission (SEC) ,
Sharing Economy ,
Technology Sector ,
Walgreens ,
Wall Street
The U.S. and China have tentatively [maybe?] agreed that a first phase of a trade agreement “would roll back a portion of the tariffs placed on each other’s products, a significant step toward defusing tensions between the...more
11/8/2019
/ Abuse of Power ,
Aerospace ,
Airplane Accidents ,
Bank of England ,
Boeing ,
Capital One ,
CFTC ,
Chief Information Security Officer (CISO) ,
China ,
Climate Change ,
Common Law Claims ,
Cybersecurity ,
Data Breach ,
Department of Justice (DOJ) ,
Disney ,
Document Requests ,
E-Cigarettes ,
Employee Misconduct ,
Enforcement Actions ,
Exports ,
Exxon Mobil ,
Facebook ,
Federal Aviation Administration (FAA) ,
Federal Bans ,
Financial Crimes ,
Gap Inc ,
Google ,
High-Speed Trading ,
HSBC ,
Imports ,
Index Funds ,
Internet Streaming ,
Investment Fraud ,
Market Manipulation ,
Oil & Gas ,
Online Advertisements ,
Pension Funds ,
Personal Data ,
Resignation ,
Retail Market ,
Spoofing ,
State and Local Government ,
Supply Chain ,
Tariffs ,
Trade Relations ,
Trade Retaliation ,
Trade Wars ,
Trump Administration ,
UK ,
US Trade Policies ,
Vaping
Federal authorities have been looking into Under Armour’s accounting practices for the better part of the past two years, a revelation that sent company shares reeling in premarket trading this morning....more
11/4/2019
/ Accounting Fraud ,
Cambridge Analytica ,
China ,
Chrysler ,
Currency Fluctuation ,
Data Collection ,
Disgorgement ,
Economic Sanctions ,
Enforcement Authority ,
Equitable Relief ,
Facebook ,
Fiat ,
Fitbit ,
Foreign Investment ,
Google ,
Healthcare ,
Initial Public Offering (IPO) ,
Judicial Review ,
Kokesh v SEC ,
McDonalds ,
Mobile Apps ,
National Security ,
Negligence ,
Office Space ,
Penalties ,
Peugeot ,
Policies and Procedures ,
Retailers ,
Saudi Aramco ,
SCOTUS ,
Securities and Exchange Commission (SEC) ,
Sharing Economy ,
Smart Devices ,
Statute of Limitations ,
Trade Policy ,
Trade Retaliation ,
Trade Wars ,
Wearable Technology ,
Workplace Romances ,
WTO
We didn’t get flop sweat Zuck, but it was still a hot seat indeed for Facebook’s founder and CEO on the Hill yesterday, who fielded a wide range of questions from Libra to political freedom of expression on his platform....more
10/24/2019
/ Airplane Accidents ,
Amazon Marketplace ,
Automotive Industry ,
Boeing ,
China ,
Class Action ,
Commercial Bankruptcy ,
Congressional Investigations & Hearings ,
Congressional Oversight ,
Cryptocurrency ,
E-Commerce ,
Earnings Reports ,
Electric Cooperative ,
Elon Musk ,
Facebook ,
False Advertising ,
Fashion Industry ,
Federal Reserve ,
Financial Crisis ,
Financial Services Committee ,
Food Manufacturers ,
Forever 21 ,
GAO ,
Google ,
Hedge Funds ,
Internet Retailers ,
Kellogg Company ,
Political Advertising ,
Profits ,
Retail Market ,
Retailers ,
Social Media ,
Supply Chain ,
Tariffs ,
Tesla ,
Trade Relations ,
Trade Wars
Ride-hailing giant Uber laid off 350 workers on Monday as part of an ongoing effort to pare costs that now represents 1000 jobs cut since July....more
10/15/2019
/ Banks ,
Barclays ,
Boeing ,
Bribery ,
China ,
Citibank ,
Consumer Financial Products ,
Deutsche Bank ,
Earnings Reports ,
Enforcement Actions ,
Financial Crisis ,
Financial Services Industry ,
Fraud ,
Gaming ,
Google ,
Internet Streaming ,
Layoffs ,
Mobile Apps ,
OCC ,
OREO Properties ,
Payday Loans ,
Popular ,
Qatar ,
Regulatory Violations ,
Retailers ,
Saks ,
Serious Fraud Office (SFO) ,
Uber ,
Video Games ,
White Collar Crimes
Paul Singer’s Elliott Management hedge fund revealed a $3.2 billion stake in AT&T and, along with it, a healthy-skepticism of the company’s 2018 purchase of Time Warner and general calls to divest as part of a 24-page letter...more
9/10/2019
/ Activist Hedge Funds ,
Activist Investors ,
Anti-Bribery ,
Appeals ,
AT&T ,
Competition ,
Constitutional Challenges ,
Consumer Financial Protection Bureau (CFPB) ,
Cryptocurrency ,
E-Cigarettes ,
Economic Downturn ,
En Banc Review ,
Facebook ,
Fannie Mae ,
FHFA ,
Food and Drug Administration (FDA) ,
Foreign Corrupt Practices Act (FCPA) ,
Foreign Currency ,
Freddie Mac ,
Gig Economy ,
Google ,
GSE ,
Independent Contractors ,
Initial Public Offering (IPO) ,
Legislative Agendas ,
Lyft ,
Marketing ,
Misclassification ,
Monopolization ,
Nissan ,
No-Deal Brexit ,
Pending Legislation ,
Public Health ,
Recessions ,
Regulatory Violations ,
Ridesharing ,
Securities and Exchange Commission (SEC) ,
Share Price ,
SoftBank ,
Time Warner ,
Uber ,
UK ,
UK Brexit ,
Vaping
Google will pay a “record $170 million fine and make changes to protect children’s privacy on YouTube” as part of a deal it reached this week with the FTC and NY AG’s office, both of whom had accused YouTube of “violating the...more
9/5/2019
/ Aetna ,
CFTC ,
China ,
Clearing Agencies ,
Compliance ,
COPPA ,
CVS ,
Department of Justice (DOJ) ,
Disney ,
Economic Downturn ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Goldman Sachs ,
Google ,
Health Insurance ,
Interest Rate Adjustments ,
No-Deal Brexit ,
Online Safety for Children ,
Regulatory Violations ,
Securities and Exchange Commission (SEC) ,
Star Wars ,
State Attorneys General ,
Stock Options ,
Tariffs ,
Trade Relations ,
Trade Wars ,
UK ,
US Trade Policies ,
Wells Fargo ,
YouTube
Man-of-the-people PM Boris Johnson is set to as the Queen to suspend parliament for 5 weeks in an attempt to squeeze the time for opposition to the October 31st Brexit deadline, a move that’s prompting concerns about a...more
8/28/2019
/ Administrative Appointments ,
Arby's ,
China ,
Commercial Bankruptcy ,
Consumer Financial Protection Bureau (CFPB) ,
Currency Fluctuation ,
Driverless Cars ,
Drug & Alcohol Abuse ,
Enforcement Actions ,
Federal Reserve ,
Foreign Currency ,
Google ,
Initial Public Offering (IPO) ,
Intellectual Property Protection ,
Interest Rate Adjustments ,
Johnson & Johnson ,
Misappropriation ,
Opioid ,
Pain Management ,
Papa John's International ,
Pharmaceutical Industry ,
Philip Morris ,
Prescription Drugs ,
Prime Minister ,
Public Benefit Corporation ,
Purdue Pharma ,
Reputation Management ,
Stock-for-Stock Merger ,
Theft ,
Trade Secrets ,
Trade Wars ,
Uber ,
UK ,
UK Brexit ,
UK Parliament
Credit bureau Equifax is closing in on an agreement with federal and state authorities in which it would pay $650-700 million to resolve claims related to the massive breach it revealed in September 2017 that exposed personal...more
7/22/2019
/ Brick-and-Mortar Stores ,
China ,
Commercial Leases ,
Data Breach ,
E-Commerce ,
Equifax ,
Federal Reserve ,
Financial Services Industry ,
FOMC ,
Foreign Investment ,
Google ,
Johnson & Johnson ,
Pharmaceutical Industry ,
Public Health ,
Real Estate Investments ,
Renault-Nissan ,
Rental Property ,
Settlement Agreements ,
Silicon Valley ,
Tariffs ,
Trade Relations ,
Trade Wars ,
Trump Administration ,
Uber
The DOJ has jumped on board claims made in existing civil class-action lawsuits and is considering criminal price-fixing charges against “some of the biggest American poultry companies, including Tyson Foods and Pilgrim’s...more
6/27/2019
/ Activist Investors ,
Antitrust Violations ,
Bitcoin ,
China ,
Cryptocurrency ,
Data Breach ,
Data-Sharing ,
Department of Justice (DOJ) ,
Electronic Medical Records ,
Facebook ,
Food Supply ,
G20 ,
Google ,
Imports ,
Oil & Gas ,
Patient Privacy Rights ,
Price-Fixing ,
Supply Chain ,
Tariffs ,
Trade Relations ,
Trade Retaliation ,
Trade Wars ,
Trump Administration ,
Tyson Foods ,
US Trade Policies
Massive pharma news to start the day, with AbbVie announcing that it’s reached a deal to buy Allergan for roughly $63 billion. The tie-up is seen as giving AbbVie a “dominant position in the $8 billion-plus market for Botox...more
6/25/2019
/ AbbVie ,
Allergan Inc ,
Anti-Money Laundering ,
Antitrust Investigations ,
Bank Fraud ,
Banks ,
Bonds ,
Department of Justice (DOJ) ,
Deutsche Bank ,
EURIBOR ,
Federal Reserve ,
Google ,
HELOC ,
Initial Public Offering (IPO) ,
Interest Rates ,
Japan ,
Nissan ,
NYDFS ,
Oil & Gas ,
Opioid ,
Pipelines ,
RMBS ,
S&P ,
Teva Pharmaceuticals ,
UBS ,
White Collar Crimes
Sprint and T-Mobile are facing new merger headwinds in the form of a NY & CA state AG-led lawsuit in the Southern District of New York that seeks to block the deal, alleging that it would cost customers of the companies “at...more
6/12/2019
/ Activist Investors ,
Amazon Marketplace ,
Apple ,
China ,
Consumer Financial Products ,
Dodd-Frank ,
Financial Regulatory Reform ,
Google ,
Initial Public Offering (IPO) ,
Loans ,
On-Demand Services ,
Raytheon ,
Slack ,
Sprint ,
T-Mobile ,
Tariffs ,
Telecommunications ,
Trade Wars ,
Trump Administration ,
Wells Fargo ,
Wireless Industry
Jobs Report Friday again! Lots to look for in the numbers this month, especially considering the economic uncertainty that’s defined the past few weeks....more
6/7/2019
/ 5G Network ,
Add-ons ,
Antitrust Provisions ,
Barnes and Noble ,
Bribery ,
Chrysler ,
Criminal Conspiracy ,
Critical Infrastructure Sectors ,
FCC ,
Fiat ,
Financial Institutions ,
Going-Private Transactions ,
Google ,
Healthcare Fraud ,
Huawei ,
Job Creation ,
JPMorgan Chase ,
Mexico ,
Opioid ,
Renault-Nissan ,
Robocalling ,
Tariffs ,
Trump Administration ,
Unemployment ,
US Trade Policies ,
Wells Fargo
Much more on the suddenly hot topic of Big Tech antitrust oversight, including a negotiated agreement among regulators that will see the DOJ handling Apple and Google while the Federal Trade Commission will take on Facebook...more
6/4/2019
/ Amazon Marketplace ,
Apple ,
China ,
Chrysler ,
Denial of Certiorari ,
Department of Justice (DOJ) ,
Economic Development ,
Facebook ,
Federal Reserve ,
Federal Trade Commission (FTC) ,
Fiat ,
Financial Services Industry ,
FinTech ,
France ,
General Motors ,
Google ,
Government Investigations ,
Insider Trading ,
Interest Rate Adjustments ,
Mexico ,
NYDFS ,
OCC ,
Regulatory Agenda ,
Regulatory Oversight ,
Renault-Nissan ,
SAC Capital ,
SCOTUS ,
Tariffs ,
Tax Cuts and Jobs Act ,
Tesla ,
Trump Administration
The DOJ is considering joining its European counterparts in targeting Google for potential antitrust violations focused on Google’s “advertising practices and influence in the online advertising industry,” possibly including...more
6/3/2019
/ Amazon Marketplace ,
Antitrust Violations ,
Apartments ,
Apple ,
Biotechnology ,
China ,
Department of Justice (DOJ) ,
Facebook ,
Federal Reserve ,
Google ,
Imports ,
India ,
Inflation Adjustments ,
Influencers ,
Jeff Bezos ,
Johnson & Johnson ,
Martin Shkreli ,
Mesothelioma ,
Mexico ,
Online Advertisements ,
Punitive Damages ,
Real Estate Market ,
Regulatory Agenda ,
Search Engines ,
Tariffs ,
Trade Policy ,
Trade Relations ,
Trump Administration ,
Volkswagen
Deutsche Bank on Wednesday confirmed the basics of a recent German newspaper report that revealed that the bank “had used faulty software to screen customer transactions for suspicious activity” while claiming that “no...more
5/23/2019
/ Amazon Marketplace ,
Android ,
Anti-Competitive ,
Anti-Money Laundering ,
Antitrust Division ,
Artificial Intelligence ,
Avon ,
BSA/AML ,
Cosmetics ,
Data Management ,
Department of Justice (DOJ) ,
Deutsche Bank ,
Federal Reserve ,
Financial Services Industry ,
General Electric ,
Google ,
Huawei ,
Inflation Adjustments ,
Investment Banks ,
Investment Fraud ,
Ponzi Scheme ,
Real Estate Brokers ,
Securities and Exchange Commission (SEC) ,
Smartphones ,
Software ,
Theresa May ,
UK Brexit ,
Wireless Industry
FCC Chair Ajit Pai gave his agency’s stamp of approval to the pending $26 billion T-Mobile/Sprint merger on Monday, helping move the deal towards completion based on pledges from the companies to develop “a robust 5G network...more
5/21/2019
/ 5G Network ,
Adidas ,
Bitcoin ,
Enforcement Actions ,
ETFs ,
Facebook ,
FCC ,
Financial Markets ,
Fines ,
Ford Motor ,
Foreign Banks ,
Forex ,
Google ,
Huawei ,
Institutional Shareholder Services (ISS) ,
Layoffs ,
Market Manipulation ,
Nike ,
RBS ,
Secured Overnight Funding Rate (SOFR) ,
Securities and Exchange Commission (SEC) ,
Sprint ,
T-Mobile ,
Tariffs ,
Telecommunications ,
UBS ,
US Trade Policies ,
Virtual Currency
Google parent company Alphabet [and a host of chipmakers] formally suspended all business with Huawei “that requires the transfer of hardware, software and technical services except those publicly available via open source...more
5/20/2019
/ Amazon Marketplace ,
Bodily Injury ,
China ,
Credit Cards ,
EURIBOR ,
Financial Markets ,
Google ,
Huawei ,
Imports ,
Initial Public Offering (IPO) ,
Johnson & Johnson ,
JPMorgan Chase ,
Metals ,
Target ,
Tariffs ,
Trump Administration ,
US Trade Policies ,
Value-Added Tax (VAT)
Disney will take total control of the TV and movie streaming service Hulu after forking over at least $5.8 billion to buy out last remaining partner, Comcast. That price won’t be determined for a while, though, as the sale...more
5/15/2019
/ Aircraft ,
Amazon Marketplace ,
Boeing ,
China ,
Comcast ,
Danske Bank ,
Disney ,
E-Commerce ,
Employee Definition ,
Estonia ,
Federal Aviation Administration (FAA) ,
Financial Crimes ,
Global Economy ,
Google ,
Hulu ,
Independent Contractors ,
Initial Public Offering (IPO) ,
Interest Rate Adjustments ,
Money Laundering ,
NLRB ,
Online Advertisements ,
Regulatory Oversight ,
Safety Standards ,
SoftBank ,
Stock Markets ,
Stock Prices ,
Tariffs ,
Trade Relations ,
Trade Retaliation ,
Uber ,
US Trade Policies
Occidental has increased the cash portion of its recent bid for rival Anadarko, upping the cash side of its $38 billion offer to 78% (from 50%). Chevron now has 4 days to sweeten its bid or lose out – NYTimes and WSJ and...more
5/7/2019
/ Auto Insurance ,
Board of Directors ,
China ,
Civil Investigation Demand ,
Consumer Financial Protection Bureau (CFPB) ,
Cookies ,
Criminal Prosecution ,
Extradition ,
Federal Reserve ,
Google ,
Imports ,
Investment Funds ,
Leveraged Loans ,
Securities Fraud ,
Tariffs ,
Tesla
Samsung announced yesterday that it’s postponing the official mass-market introduction of its new foldable smart phone (originally set for the end of the week) based on reports that the pricey device has been malfunctioning....more
4/23/2019
/ #MeToo ,
Anheuser-Busch ,
Boeing ,
CFTC ,
China ,
Elon Musk ,
Facebook ,
Federal Reserve ,
Foreign Currency ,
Google ,
Heinz ,
Initial Public Offering (IPO) ,
Investment Fraud ,
Kraft ,
NVIDIA ,
Plant Based Products ,
Retailers ,
Safety Standards ,
Samsung ,
Sexual Harassment ,
Smartphones ,
Telecommunications ,
Tesla ,
Trading Platforms ,
Unicorns
The US and China have scheduled two more rounds of high-level trade talks with hopes for an agreement between the economic superpowers by late April, even as China has begun to push back against some of the US’s major...more
3/20/2019
/ Airplane Accidents ,
Android ,
Antitrust Violations ,
Bank of New York (BNY) Mellon ,
Bayer ,
Boeing ,
Cancer ,
China ,
Citibank ,
Contempt ,
Corporate Liability ,
E-Commerce ,
Elon Musk ,
EU ,
Facebook ,
Fair Housing Act (FHA) ,
Federal Aviation Administration (FAA) ,
Federal Reserve ,
Foreign Trade Regulations ,
Google ,
Instagram ,
Loans ,
Market Manipulation ,
Mobile Apps ,
Monsanto ,
Mortgages ,
OCC ,
Online Advertisements ,
Race Discrimination ,
Search Engines ,
Securities and Exchange Commission (SEC) ,
Securities Violations ,
Securitization ,
Settlement Agreements ,
Sex Discrimination ,
Smartphones ,
Tesla ,
Toxic Chemicals ,
Toxic Exposure ,
Web Browsers
Fascinating weekend feature from the Journal exploring how Sears Roebuck went from the dominant force in American retailing to the bankrupt shell of a company that it is now—all within a period of just 40 years....more
3/18/2019
/ #MeToo ,
Allianz ,
Amazon Marketplace ,
Antitrust Violations ,
Apple ,
Cambridge Analytica ,
China ,
Class Action ,
Commercial Bankruptcy ,
Data-Sharing ,
Defamation ,
Deutsche Bank ,
Disclosure ,
Economic Downturn ,
Facebook ,
Gaming ,
Google ,
Initial Public Offering (IPO) ,
iPhone ,
Loan Modifications ,
Lyft ,
Mobile Apps ,
Mortgages ,
Patent Infringement ,
Personal Data ,
Qualcomm ,
Retailers ,
Sears ,
Securities and Exchange Commission (SEC) ,
Sexual Harassment ,
Social Media ,
Technology Sector ,
UK Brexit ,
Wall Street ,
Wealth Management ,
Wells Fargo
The SEC has announced a settlement with nearly 80 investment advisory firms in which they will pay back more than $125 million “to clients who were steered into higher-cost mutual funds without adequate disclosure” as part of...more
3/12/2019
/ Car Dealerships ,
Criminal Conspiracy ,
Google ,
Huawei ,
Investment Management ,
KPMG ,
Mutual Funds ,
No-Deal Brexit ,
Securities and Exchange Commission (SEC) ,
Securities Violations ,
Severance Agreements ,
Sexual Harassment ,
Tesla ,
UK Brexit ,
Wells Fargo ,
Wire Fraud