Business

The Global Banker Magazine In this edition of our current news roundup, we bring you the latest developments in the business world. From high-stake bidding contests to multimillion-dollar business deals, and economic updates from various parts of the world, we’re here to keep you well-informed. Privately held Esmark makes offer for US Steel, sets up…

The Global Banker Magazine Recent developments at Fox News have shed light on the role of the network’s legal department and its significance in safeguarding the company’s reputation and financial interests. Viet Dinh, who served as Fox’s Chief Legal and Policy Officer since 2018, has recently stepped down amidst a series of high-profile legal battles.…

The Global Banker Magazine Like gremlins that get wet, Donald Trump’s legal troubles continue to cascade, spiraling into a daunting array of legal battles. From the New York case involving financial crimes related to the Stormy Daniels hush money, to the federal indictment for mishandling classified documents, and the federal case scrutinizing his alleged involvement…

The Global Banker Magazine Cryptocurrencies have emerged as a new and intriguing asset class. However, despite years of discussion, a clear and convincing argument about their purpose remains elusive. While some proponents liken cryptocurrencies to digital gold due to their scarcity, gold’s long history and practical applications still provide it with a distinct advantage. Before…

The Global Banker Magazine If you’re an avid follower of this column, you may vaguely remember the significant legal clash that took place in 2021 when the Justice Department intervened to prevent publishing industry powerhouse Penguin Random House from acquiring its competitor, Simon & Schuster. This marked the first major antitrust action of the Biden…

The Global Banker Magazine The Internal Revenue Service (IRS) recently unveiled an ambitious plan to revolutionize its processing systems and improve customer service through a comprehensive paperless initiative. This initiative aims to streamline taxpayer interactions by implementing digital solutions and reducing dependence on traditional paper-based processes. Under the new program, the IRS will invest in…