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Crypto Scores Landmark U.S. Legal Win With Grayscale ETF Ruling

Grayscale Investments LLC won a key legal fight in its push to launch a Bitcoin exchange-traded fund, bringing the crypto industry to the precipice of tapping billions of dollars from everyday

Job Vacancies, Quits Plunge in July in Stark Sign of Cooling Trend in the U.S. Labor Market

Businesses posted far fewer open jobs in July and the number of Americans quitting their jobs fell sharply for the second straight month, clear signs that the labor market is cooling in a way that

Oklahoma Bank and the Justice Department Propose Settlement of Redlining Allegations Around Tulsa

The U.S. Department of Justice and a northeastern Oklahoma bank have announced a proposed agreement to settle claims that the bank discriminated in lending to Black and Hispanic people in the Tulsa

Another Seattle Bartell Drugs to Close Amid Rite Aid Bankruptcy Rumors

Employees at the Bartell Drugs in Seattle’s Uptown neighborhood told customers on Monday that the location, one of the region’s last 24-hour pharmacies, will close Sept. 10, the Seattle Times reported

Foxconn Loses Bid to Toss EV Maker Lordstown from Chapter 11 Bankruptcy

Foxconn Technology Group lost a bid to kick Lordstown Motors Corp. out of bankruptcy, a win for the troubled electric vehicle maker as it attempts to find a new owner for its business, Bloomberg News

3M Board Approves $6 Billion Earplug Settlement

3M’s board approved a $6 billion settlement to resolve claims that its earplugs caused hearing loss among veterans, putting a long-awaited price tag on a large chunk of the company’s legal troubles

IT Services Firm AgileThought Files for Chapter 11 Bankruptcy, Return to Private Company

After going public in 2021, Irving-based IT services company AgileThought Inc. announced a financial restructuring deal with Blue Torch Finance LLC that is set to take the company off the market, the

Mallinckrodt Subpoenaed Over Suspicious Orders for Controlled Substances

Mallinckrodt on Monday disclosed that it faces a grand jury subpoena over sales of controlled substances as it filed for bankruptcy for the second time in three years to reduce by roughly $1 billion

Philadelphia Law Firm Sacks Weston Files for Chapter 11 Protection

Sacks Weston LLC filed for chapter 11 protection in U.S. Bankruptcy Court for the Eastern District of Pennsylvania on Friday, , the Philadelphia Business Journal reported. Founded in 1984, the law

Hedge Fund MFN Pushes for Equity Voice in Yellow’s Bankruptcy

A hedge fund that owns a big stake in Yellow is pushing for a larger voice for shareholders in the trucking company’s liquidation because of the unfolding bidding war for its assets, the Wall Street