Articles

  • 1 week ago | createsend.com | Richard Vanderford

    Good morning. Goldman Sachs is retooling its biggest diversity program to remove references to race. The Wall Street giant four years ago launched its “One Million Black Women” program, a multibillion-dollar commitment to invest in Black women. In recent weeks, the bank removed mentions of “Black” from the program’s home page, without changing its name.

  • 1 week ago | createsend.com | Richard Vanderford

    Good morning. Kohl’s fired chief executive Ashley Buchanan after it discovered he had instructed the retailer to enter into a “highly unusual” business deal involving a woman with whom he has had a romantic relationship, according to people familiar with the situation. Buchanan met the woman, Chandra Holt, when they were both working at Walmart several years ago, the people said. Buchanan went on to run crafts chain Michaels and took over as Kohl’s CEO in November.

  • 3 weeks ago | createsend.com | Richard Vanderford

    Good morning. A huge deal just received the greenlight from bank regulators. In another world, Capital One’s $35 billion acquisition of Discover getting the go-ahead would be a bullish signal for mergers and acquisitions. But, given a lack of big deals so far this year, dealmakers have yet to make complete sense of the Trump administration’s stance on antitrust regulation.

  • 3 weeks ago | createsend.com | Richard Vanderford

    Good morning. Some in law enforcement continue to push for the federal government to collect beneficial ownership information, despite the Trump administration’s exempting all U.S. companies from reporting requirements under the Corporate Transparency Act, Dow Jones Risk Journal’s Mengqi Sun reports.

  • 3 weeks ago | createsend.com | Richard Vanderford

    Americans worry over negative impact of China tariffs. As a trade war with Beijing heats up, a new survey shows Americans view bilateral economic ties as less beneficial to the U.S. than China but also hold skeptical views about addressing the relationship with tariffs. China and leader Xi Jinping remain deeply unpopular in the U.S., according to the survey of attitudes about the Asian nation from Pew Research Center, published Thursday.

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Richard Vanderford
Richard Vanderford @VanderfordRich
8 Jun 23

Circle has hired the former CFTC Chairman Heath Tarbert to be its new chief legal officer, as the nascent cryptocurrency sector faces increasing regulatory scrutiny in the U.S. https://t.co/zGPZhI8BKs via @WSJRisk

Richard Vanderford
Richard Vanderford @VanderfordRich
7 Jun 23

Class-action lawsuits—a favorite of U.S. lawyers that cost companies billions of dollars each year—are set to roll out throughout the European Union this month https://t.co/YrTANGwfeN via @WSJ