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Robins Kaplan LLP

White House Considers Tapping Oil Reserve to Ease Gas Prices

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White House officials are mulling over a plan that would “release one million barrels of oil a day from the Strategic Petroleum Reserve for as long as 180 days,” a move intended to ease sticker shock at the pump for Americans...more

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Financial Daily Dose 9.29.2021 | Top Story: Surging Bond Yields Send Markets Plummeting

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Markets continued what’s been a dismal end of September with their worst performance in months on Tuesday, with the three major indices averaging a 2% drop as Treasury bond yields rose over concerns about Fed tapering and the...more

ArentFox Schiff

Advertising on Social Media: Key Considerations for Alcohol Brands

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With so much uncertainty, many brands are opting for a wait-and-see approach to social media advertising, though the approaches differ considerably from platform to platform. As most Americans were stuck at home during...more

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Financial Daily Dose 9.24.2020 | Top Story: JPMorgan Nears $1B Settlement Over Alleged Spoofing

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JPMorgan is preparing to finalize a deal with federal prosecutors and regulators in which the bank would pay nearly $1 billion to “settle civil and criminal charges that its traders rigged futures and securities markets”...more

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Financial Daily Dose 9.15.2020 | Top Story: Citi Faces Federal Risk-Management Inquiry, Resumes Job Cuts

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Federal authorities are prepping to “reprimand Citigroup Inc. for failing to improve its risk-management systems—an expansive set of technology and procedures designed to detect problematic transactions, risky trades and...more

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Financial Daily Dose 8.27.2020 | Top Story: TikTok CEO Resigns After Just 4 Months on Job

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Still-new TIkTok CEO Kevin Mayer has stepped down, “just months after taking the helm of the viral short video app.” ByteDance had appointed Mayer in May in an effort “to make the case that TikTok operates as a separate...more

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Financial Daily Dose 8.3.2020 | Top Story: Microsoft in Talks to Acquire ByteDance’s U.S. TikTok Operations

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Following recent histrionics from the White House, ByteDance, “the Chinese internet giant that owns TikTok, has offered to sell all of the popular video app’s American operations as a way to save the business from being...more

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