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Giuliani threatened with return to bankruptcy court over fee

Hey Rudy, where’s the money? A federal judge seems to be wondering that, warning that he may have to drag former New York City Mayor Rudy Giuliani to court after he claimed he had too little money to pay administrative fees in his recently dismissed bankruptcy case. The formal dismissal of the lawsuit has been […]

Tesla investors call for judge to reject $7 billion legal fee in Musk’s pay case

Panelists Al Root and Jack Otter discuss how Tesla shareholders voted to reinstate a roughly $50 billion compensation package on Barron’s Roundtable. Tesla shareholders are due to appear in court in Delaware on Monday to ask a judge to reject the company’s “exorbitant” demand for $7 billion in attorneys’ fees to the lawyers leading the […]

Tesla, shareholder clash over $7B legal fee request in Elon Musk pay case

Lawyers for Tesla and shareholders clashed in court on Monday over the value of a lawsuit challenging CEO Elon Musk’s huge compensation package and seeking the company to pay a record $7 billion in legal fees. The two experts testified for more than three hours in opposition to each other about the benefits to Tesla […]

Illinois' landmark credit card fee law prompting strong opposition – Chicago Tribune

Illinois lawmakers last month, during the legislative spring recess, became the first state in the nation to ban banks and credit card companies from charging retailers seemingly small fees for sales taxes and tips. But since Gov. JB Pritzker signed the ban into law, financial institutions that opposed the measure have stepped up their opposition […]

Amazon plans revamp of Alexa with monthly fee, AI features

Amazon plans to overhaul its decade-old, money-losing Alexa service by introducing a generative conversational AI with a two-tiered service, with access to the higher version costing around $5 a month, according to people with direct knowledge of the company’s plans. The project, known internally as “Banyan” after the sprawling fig tree, marks the first major […]

Appeals court rejects SEC fee rule in win for private equity, hedge fund industry

A U.S. appeals court has struck down a Securities and Exchange Commission rule aimed at giving investors more transparency into private funds, handing a victory to an industry with nearly $27 trillion in assets. In a 3-0 decision on Wednesday, the New Orleans-based U.S. 5th Circuit Court of Appeals ruled in favor of six private […]