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News & Updates

July 7, 2017 U.S. seeks funds tied to North Korea from eight big banks

Source: Reuters

U.S. authorities have tried to seize millions of dollars associated with several companies that deal with North Korea, including the country's military, from eight large international banks, according to court filings made public...

July 7, 2017 Qualcomm seeks to ban imports and sales of Apple iPhones in new lawsuit

Source: CNBC

Chipmaker Qualcomm is asking U.S. trade regulators to ban iPhone imports, according to a new lawsuit.

July 6, 2017 Shareholders Show Strong Preference for Annual Say on Pay Votes

Source: Lexology

hen say-on-pay (i.e., shareholders with the right to vote on the remuneration of executives) was introduced under the Dodd-Frank Wall Street Reform and Consumer Protection Act, there was a requirement that companies conduct...

July 6, 2017 Hobby Lobby Fined $3 Million Over Smuggled Iraqi Artifacts

Source: Bloomberg

Oklahoma City -- Hobby Lobby Stores has agreed to pay a $3 million federal fine and forfeit thousands of ancient Iraqi artifacts smuggled from the Middle East that the government alleges were intentionally mislabeled, federal...

July 6, 2017 Tesla Sales Fall Flat, Clouding Outlook for Musk’s Bold Targets

Source: Bloomberg

Tesla Inc. deliveries are flatlining amid persistent production snafus, reinforcing concern that Elon Musk may again be setting targets that his electric-car company won’t hit on time.

July 5, 2017 Uber Is Dealt a Fresh Blow in European Legal Case

Source: NY Times

LONDON — Uber suffered a blow to its expansion plans in Europe on Tuesday after a senior adviser to the region’s highest court said that the ride-hailing service should have to abide by tough rules governing taxi services.

July 5, 2017 HSBC Said in Talks With U.S. to End Crisis-Era Mortgage Probe

Source: Bloomberg

HSBC Holdings Plc is in talks to resolve a U.S. probe into its sale of toxic mortgage bonds a decade ago, according to people familiar with matter, a negotiation that could offer an early look at how the Trump Justice Department...

July 5, 2017 The future of food the food biz: Preventing food safety crises

Source: Food Safety News

Food safety concerns are at an all-time high and the global food industry is facing a raft of new regulations, including more frequent inspections and possibly higher compliance costs. The U.S. Centers for Disease Control and...

July 5, 2017 Oil retreats after bull run, on rising OPEC exports, strong dollar

Source: Reuters

Oil prices fell more than 1 percent on Wednesday, ending their longest bull-run in more than five years, as climbing OPEC exports and a stronger dollar turned sentiment more bearish.

July 5, 2017 Ukrainian police seize software company's servers

Source: Fox News

KIEV, Ukraine – Ukraine's national cybercrime unit seized servers belonging to a small company at the center of a global outbreak of malicious software after "new activity" was detected there, the service said in a statement...

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