(Reuters) – The new year may bring pivotal developments in a series of copyright lawsuits that could shape the future business of artificial intelligence. The lawsuits from authors, news outlets, visual artists, musicians and other copyright owners accuse OpenAI, Anthropic, (…)
(Bond Buyer) President-elect Donald Trump’s return to the White House has placed public finance leaders on the defensive, as tax policy changes may impact the industry’s investor base, increase borrowing costs and stymie certain infrastructure finance opportunities. Looking to the (…)
(Reuters) -Healthcare organizations may be required to bolster their cybersecurity, to better prevent sensitive information from being leaked by cyberattacks like the ones that hit Ascension and UnitedHealth, a senior White House official said Friday. Anne Neuberger, the U.S. deputy (…)
(JD Supra) The Securities and Exchange Commission (SEC) announced on November 22, 2024, that three broker-dealers have agreed to settle charges for filing suspicious activity reports (SARs) that failed to include important, required information. These cases follow an August 2024 (…)
BRUSSELS (Reuters) -Sixteen EU countries asked the European Commission on Monday to propose a new law in the coming months on taxing tobacco in the bloc to include new products such as electronic cigarettes – vapes – which are not (…)
(American Banker) A consumer advocacy group is calling for regulators to publicly release investigations into executives and directors of the three regional banks that collapsed last year: Silicon Valley Bank, Signature Bank and First Republic Bank. Americans for Financial Reform (…)
(JD Supra) A recent decision by the United States Bankruptcy Court for the Southern District of New York may have significant implications for digital asset holders and users. The decision, issued on October 24, 2024, granted a motion for alternative (…)
NEW YORK (Reuters) – General Electric, doing business as GE Aerospace, will pay $362.5 million in cash to resolve a long-running shareholder lawsuit accusing it of hiding risks at its power business, court papers show. A preliminary settlement of the (…)
(Reuters) – Citigroup has completed the separation of Banamex from its institutional banking business in Mexico as it prepares to list the retail bank, the Wall Street giant said on Monday. The move to split Grupo Financiero Citi México from (…)
(Reuters) -U.S. lender JPMorgan Chase agreed on Friday to drop its lawsuit against Tesla that accused the electric vehicle maker of “flagrantly” breaching a contract between the two companies in 2014 relating to warrants Tesla sold to the bank. The (…)