Jeff Harrington

Arlington

Team Leader, News @BLaw @Tax — Bloomberg Business Industry Group -- Former @TB_Times @Enquirer @toledonews Go @NotreDame former blue check

Articles

Brain Data Companies Brace for Patchwork of Privacy Regulations

3 days ago | news.bloombergtax.com | Cassandre Coyer |Jeff Harrington |David Jolly

Health gadgets and medical devices that track brainwaves—and the companies that make them—are at the core of a next-level debate over privacy protections. State and federal lawmakers worried about data misuse, manipulation, and even “brain-control weaponry” want to restrict how neurotechnology companies ranging from Elon Musk‘s NeuroLink Ltd. to makers of brain-health wearables collect and use brain-related data.
Ironclad Names Former Docusign CEO Dan Springer as New Leader

2 weeks ago | news.bloombergtax.com | Evan Ochsner |Jeff Harrington |David Jolly

Ironclad Inc. has hired former Docusign CEO Dan Springer as its new leader, with co-founder and outgoing CEO Jason Boehmig becoming executive chairman. Both Springer and Boehmig start in their new roles at Ironclad, a major provider of contract lifecycle management software, on Monday. Springer departed as Docusign CEO in 2022, and resigned from the Docusign board on Apr. 17. Springer said talked to about 40 companies in weighing his next step after Docusign.
Nordstrom, Victoria’s Secret, Macy's Join Purge of DEI Terms (2)

1 month ago | news.bloomberglaw.com | Jeff Harrington |David Jolly

Big retailers are shifting how they talk about diversity efforts in reports to shareholders, joining other companies in changing their goals to “inclusion and belonging” instead. Nordstrom Inc., Victoria’s Secret & Co. and Macy’s Inc. all removed some references to diversity, equity and inclusion from their 10-K annual reports on Friday.
Carvana Doles Out $17 Million in Pay to Two C-Suite Attorneys

1 month ago | news.bloombergtax.com | Jeff Harrington

Carvana Co., an online automobile retailer under scrutiny for its business practices, awarded almost $17.2 million in total compensation to two lawyers in its C-suite, according to a recent securities filing. Paul Breaux, the company’s general counsel and chief compliance officer, earned almost $6.7 million in his first year as a named executive officer at Carvana in 2024, per a preliminary proxy statement filed March 14.
'Diversity' Becomes 'Belonging' as Companies Shift DEI Lingo

2 months ago | news.bloombergtax.com | Jeff Harrington |Amelia Gruber Cohn

References to “DEI” and “diversity, equity and inclusion” in corporate annual reports to shareholders have dropped by more than half so far this year amid a Trump administration crackdown on such efforts. The acronym “DEI” appeared in 10-K reports 180 times from January 1 to March 12, down 55% from 396 times in the same date range the year before, according to a review of 10-K annual reports by Bloomberg Law.
Target Strips Out Diversity Language Amid Consumer Boycott

2 months ago | news.bloombergtax.com | Andrew Ramonas |Jeff Harrington

Target retooled how it talks about diversity efforts in its annual report to investors on Wednesday, as it navigates anti-DEI litigation and Trump administration pressure as well as a consumer boycott fueled by pro-diversity voices.
Discarded IRS Workers Enter a Market Hungry for More Accountants

2 months ago | news.bloomberglaw.com | Jeff Harrington

Accountants and auditors being purged from the IRS are entering a labor market desperate for their experience and know-how in complex areas of corporate and international tax. State regulators, public accounting firms and Fortune 500 companies are among employers in need of skills that former Internal Revenue Service staffers who have already left the agency could deliver.
From Meta to Airbnb, Companies Flag Risks Dealing With EU AI Act

2 months ago | news.bloomberglaw.com | Jeff Harrington |Amelia Gruber Cohn

Meta Platforms Inc., Adobe Inc., and at least 70 other publicly-traded US companies are warning investors that the world’s most far-reaching AI regulation poses risks to their businesses. The European Union’s Artificial Intelligence Act—which creates obligations for providers, distributors, and manufacturers of AI systems—may require hefty compliance costs and force companies to alter their product offerings across the Atlantic, businesses say.
KPMG Must Pivot Around Audit Clients in Creating US Law Practice

2 months ago | news.bloombergtax.com | Justin Henry |Jeff Harrington

KPMG must overcome a prohibition against giving legal advice to audit clients as it becomes the first Big Four accounting firm to practice law in the US. The prohibition stops the company from gaining potential legal customers from the hundreds of Fortune 500 and privately held companies it audits. KPMG agreed to the limitation to win Arizona Supreme Court approval Thursday to practice law in the state.
US Audit Board's Future Depends on Trump, GOP Moves (Podcast)

2 months ago | news.bloomberglaw.com | Jeff Harrington |Martha Mueller Neff

The US audit board has already been forced to revise its priorities as the Trump administration begins to reshape the federal government. The Public Company Accounting Oversight Board pulled an auditor disclosure rule that was set for SEC approval earlier this month. The audit board opted to delay finalizing another project that would expand how auditors consider the financial impact of their clients’ law violations days after Donald Trump’s November election win.