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Louisville Sporting Goods Company Files for Bankruptcy Protection

A local sporting goods company, which was among Louisville's fastest-growing companies last year, has filed for bankruptcy, the Louisville Business First reported. Guardian Baseball filed for chapter

Supreme Court to Examine Purdue Pharma’s $6 Billion Sackler Opioid Settlement

The Supreme Court will examine Purdue Pharma’s $6 billion settlement of opioid lawsuits against its Sackler family owners, agreeing to hear the Justice Department’s claim that the drugmaker’s

Crypto Firm DCG, CEO Barry Silbert Seek Dismissal of Gemini Lawsuit They Dub a Smear

Barry Silbert and Digital Currency Group asked a U.S. court to throw out a lawsuit by the Winklevoss twins’ crypto exchange Gemini Trust Inc. that accuses the company and its leader of fraud

Provider of Smart Sensors for Older Buildings Files for Bankruptcy

InteliGlas, a provider of artificial-intelligence products for office buildings, has filed for bankruptcy as a result of a dispute with one of its co-founders and shareholders, WSJ Pro Bankruptcy

Bankrupt Arizona Sports Park Wins Ruling Backed by Bondholders

Legacy Cares Inc., the non-profit owner of a bankrupt Phoenix-area sports complex, won a court fight to keep the venue’s planned sale on track after an Arizona judge rejected a federal monitor’s plea

Crypto Firm Bittrex Settles SEC Charges

Crypto trading platform Bittrex agreed to pay $24 million to settle charges that it operated an illegal securities exchange, the Securities and Exchange Commission said yesterday, the Wall Street

Cooler July Inflation Opens Door to Fed Pause on Rates

Price pressures continued cooling last month, fresh inflation figures showed, likely deterring the Federal Reserve from raising interest rates at its September meeting, the Wall Street Journal

U.S. Appeals Court Rules No Class Action on Goldman Sachs Crisis-Era Claims

Goldman Sachs shareholders cannot go forward with a class action alleging the bank misled investors about its business practices ahead of the subprime mortgage crisis, a U.S. appeals court ruled

U.S. Set to Unveil Long-Awaited Crackdown on Real Estate Money Laundering

The U.S. Treasury Department will soon propose a rule that would effectively end anonymous luxury-home purchases, closing a loophole that the agency says allows corrupt oligarchs, terrorists and other

AI Mania Triggers Dot-Com Bubble Flashbacks

The dot-com bubble taught investors to be wary of stock-market rallies powered by a technological boom — that is, until generative artificial intelligence sent tech stocks soaring this year, the Wall