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Robins Kaplan LLP

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

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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

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Financial Daily Dose 10.4.2021 | Top Story: Ozy Media Collapses After Week of Scandals

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And like that [poof], Ozy Media is no more, shutting down on Friday after an incredible 5-day period in which reporting from Ben Smith “raised questions about the company and its leadership team” after a phone call in which a...more

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Financial Daily Dose 2.16.2021 | Top Story: WTO Names First Woman, First African as Org President

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After more than half a year without a leader, the WTO is poised to welcome its “first woman and first African” to the role in the form of Nigerian economist and former finance minister Dr. Ngozi Okonjo-Iweala. ...more

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Financial Daily Dose 10.27.2020 | Top Story: US Markets Tank Over Booming Virus and Unlikely Stimulus

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A mix of surging Covid cases, the renewed restrictions and shutdowns they’ve prompted, and the unlikelihood of more virus stimulus any time soon sent stocks sharply down to start the week, with the S&P 500 charting its...more

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Financial Daily Dose 10.23.2020 | Top Story: CA Appeals Court Tells Uber and Lyft to Treat Drivers as Employees

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A California appeals court has affirmed a lower court decision requiring Uber and Lyft to “treat their California drivers as employees, providing them with the benefits and wages they are entitled to under state labor law.”...more

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Financial Daily Dose 8.24.2020 | Top Story: TikTok Confirms Plans to Sue U.S. over Recent Executive Orders Targeting App

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More on TikTok’s plans to sue the U.S. over the White House’s recent executive orders seeking to block the app on American soil and force its owner, ByteDance, to sell its American assets. The company intends to argue that...more

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Financial Daily Dose 7.29.2020 | Top Story: Tech Titans to Testify About Antitrust Concerns

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Much more on what to expect from Big Tech’s “Big Tobacco Moment” on the Hill today, at which Google, Amazon, Facebook, and Apple’s CEOs will endeavor to make the case that their massive companies don’t “stifle rivals and...more

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Financial Daily Dose 5.14.2020 | Top Story: Fed Chair Warns About US Economy, Urges Congressional Action

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The latest from Chair Powell and the Fed from his Peterson Institute appearance this week, including the stark warning that the U.S. was “experiencing an economic hit ‘without modern precedent’” that could “permanently damage...more

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Financial Daily Dose 3.31.2020 | Top Story: US retail giants furlough hundreds of thousands of workers as locations remain closed

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Macy’s announced on Monday that it will furlough most of its nearly 130,000 workers (at its Macy’s, Bloomingdale’s, and Bluemercury retail locations) starting this week as its stores remained shuttered due to the pandemic....more

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Financial Daily Dose 10.31.2019 | Top Story: Fed Delivers Expected Interest Rate Cut

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As universally expected, the Fed’s Open Market Committee delivered its third interest rate cut of 2019 yesterday, though it did so while signaling that it’s likely to pause before taking action again and “is now shifting into...more

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Financial Daily Dose 10.23.2019 | Top Story: Top exec exodus continues, this time at Nike, Boeing, and WeWork

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Nike’s top dog, CEO Mark Parker, is stepping down at the beginning of 2020, to be replaced by board member and ServiceNow CEO John Donahoe. Parker, who will assume the role of executive chair when Donahoe takes over, has been...more

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Financial Daily Dose 8.9.2019 | Top Story: Uber posts massive Q2 losses and slowing growth

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Uber went big on Thursday. Unfortunately, for everyone (including fans of cinnamon gum and oversized gingers) it was Big Red, as the ride-hailing company posted a $5.2 billion loss for Q2—its largest ever since it began...more

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Financial Daily Dose 7.11.2019 | Top Story: Fed Chair Primes Markets for July Rate Cut

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The big takeaway from Day 1 of Fed Chair Powell’s Congressional testimony is that a July rate cut is still definitely on the table, despite last week’s strong US jobs numbers.  As the Times puts it, “That the Fed is...more

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Your Daily Dose of Financial News

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Wells Fargo CEO Timothy Sloan is out after a rocky two-plus-year tenure in arguably the hottest seats in finance over the past several years. He’ll be replaced on an interim basis by Wells’ GC C. Allen Parker....more

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Your Daily Dose of Financial News

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All of that SuperBowling seems to have put activist investor Starboard in the mood for some pizza—specifically, former NFL-partner Papa John’s, which has struggled in the wake of the removal of its founder and namesake John...more

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Your Daily Dose of Financial News

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The Dow’s serious dive on Friday helped put all three major indices into correction territory (aka, all are now at least 10% below their peak from earlier this year....more

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Your Daily Dose of Financial News

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Saudi Arabia is pushing OPEC and its allies to cut oil production in 2019, and it’s doing its own part by exporting 500,000 fewer barrels a day in December than now—all an attempt to “counter the price rout battering the...more

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Your Daily Dose of Financial News

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Chalk up a major win for Carl Icahn. Icahn has forced Xerox’s CEO, Board Chair, and 5 other board members out of their jobs as part of a push by activist investors. The shake-up will jeopardize the company’s $6.1 billion...more

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Your daily dose of financial news - The Brief – 7.27.16

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We heard last week about Unilever’s $1 billion acquisition of start-up Dollar Shave Club. With a few days to reflect, the Deal Professor suggests that this relatively innocuous deal should make “every other company . . . very...more

Morrison & Foerster LLP - Social Media

Status Updates - July 2014 #2

..The New York Court of Appeals has struck down that state’s “cyberbullying” law in a 5-2 decision, finding that it is overly broad and chills First Amendment-protected speech. The case arose when a 15-year-old boy pleaded...more

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