<-rte-company state="{"_id":"0000018f-300a-d4b6-a98f-f53fd1ad0000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Bitcoin is registering its worst month since the collapse of Sam Bankman-Fried’s FTX empire as the euphoria around US exchange-traded funds for the largest digital asset subsides.

A new bipartisan bill would clarify that staking rewards should be taxed at the point of sale, according to the legislation.

A batch of <-bsp-bb-link state="{"bbHref":"bbg://screens/BI%20ETFSG","_id":"0000018f-2e9c-d4b6-a98f-ffbda7b10000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">exchange-traded funds investing directly in crypto debuted in Hong Kong on Tuesday, heralding potential competition for US <-bsp-bb-link state="{"bbHref":"bbg://securities/XBTUSD%20BGN%20Curncy/GP","_id":"0000018f-2e9c-d4b6-a98f-ffbda7b10001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Bitcoin products whose popularity stoked a record rally in the digital asset.

Sen. Chuck Grassley (R-Iowa) wants the SEC to disclose how much staff is dedicated to its whistleblower program, writing that investigative delays and a recent dip in the number of awards have raised “concerns” about the agency’s signature enforcement effort.

After helping to transform Houston’s bankruptcy court from a backwater to a boomtown, Judge David R. Jones resigned in 2023 following the disclosure of his long-running romantic relationship with a local bankruptcy lawyer. As the revelations mount, the inner workings and casual approach to potential ethical conflicts of a highly productive and tight-knit legal community have begun to surface.

<-bsp-person state="{"_id":"0000018f-2bb7-d4b6-a98f-ffb706dd0000","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Michael Saylor’s decision back in 2020 to start buying Bitcoin has paid off in spades this year for the co-founder and executive chairman of MicroStrategy Inc.

Norfolk Southern Corp.’s chief executive officer won support from adviser <-bsp-bb-link state="{"bbHref":"bbg://securities/77449Z%20US%20Equity","_id":"0000018f-3013-d4b6-a98f-f537f9650001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Institutional Shareholder Services in the final days before a crucial shareholder vote on an activist-driven push to replace the railroad’s leadership team.

A federal appeals court appeared receptive to a challenge brought by Texas and other Republican states to Securities and Exchange Commission rules that boost disclosures about fund votes on ESG proposals at company annual meetings.

More Allen & Overy partners have been appointed to top roles ahead of the firm’s combination with Shearman & Sterling, the firms announced Tuesday.

<-rte-company state="{"_id":"0000018f-3006-d4b6-a98f-f53749b30000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Paramount Global should consider other proposals before merging with David Ellison’s Skydance Media, according to Ariel Investments founder John W. Rogers.

In the end, the only thing more surprising than <-bsp-person state="{"_id":"0000018f-3002-d4b6-a98f-f5379ffe0000","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Noel Quinn’s appointment as chief executive officer of HSBC Holdings Plc was his departure.

US wind power slipped last year for the first time in a quarter-century due to weaker-than-normal Midwest breezes, underscoring the challenge of integrating volatile renewable energy sources into the grid

Inova Health Care Services shared the personal health information of patients with Google Inc. and Meta Platforms Inc. in violation of its privacy promises and of the Electronic Communications Privacy Act, a proposed federal class action said.

More Allen & Overy partners have been appointed to top roles ahead of the firm’s combination with Shearman & Sterling, the firms announced Tuesday.

A top privacy advocate in the Senate is pushing to restrict the Transportation Security Administration’s use of facial recognition technology, drawing concerns from the agency and industry about airport security and longer wait times.

The US Supreme Court let Texas continue to impose age-verification requirements on porn sites, rejecting a challenge by an industry-led group that argued the law violates the constitutional rights of adults.

California Northstate University LLC failed to protect the personal information of thousands of current and former employees and students that was exposed in a February 2023 ransomware attack and data breach, a proposed federal class action said.

A new bipartisan bill would clarify that staking rewards should be taxed at the point of sale, according to the legislation.

BASF Corp. must face a new trial to assess what amount of punitive damages it has to pay in a case over Missouri peach orchards harmed by a weed pesticide used on surrounding crops, the Eighth Circuit said Tuesday.

A federal appeals court appeared receptive to a challenge brought by Texas and other Republican states to Securities and Exchange Commission rules that boost disclosures about fund votes on ESG proposals at company annual meetings.

More Allen & Overy partners have been appointed to top roles ahead of the firm’s combination with Shearman & Sterling, the firms announced Tuesday.

A civil RICO lawsuit filed by Ghanaian investors against a Virginia-based family’s wealth management company was properly dismissed, the Fourth Circuit said Tuesday.

A Hawaii nursing rehabilitation facility lacked the ability to appeal a Medicaid examiner’s ruling that it didn’t have standing to pursue a resident’s benefits for a period between April 2012 and July 2013, the state’s appeals court said.

The US Supreme Court let Texas continue to impose age-verification requirements on porn sites, rejecting a challenge by an industry-led group that argued the law violates the constitutional rights of adults.