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EEOC finalizes pregnancy accommodation rule
The much anticipated regulation includes abortion under the list of related medical conditions covered by the Pregnant Workers Fairness Act.
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US, Europe lock arms on payments regulation
U.S. and European regulators have joined forces to monitor digital payment concerns, including those related to buy now, pay later financing and big tech market participation.
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Senate kills joint employer rule, setting up veto battle
With a presidential veto likely and federal courts considering the rule, the fate of the National Labor Relations Board’s joint employer standard is tenuous.
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Insider trading cases show need for remote-work ground rules
Legal leaders can set expectations for employees who come in contact with sensitive information from another in the household when they’re both working from home.
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How companies use in-house legal to boost business
Liberty Mutual and Wayfair have leveraged investments by their legal departments to help the company attract and keep more customers.
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Suspended ADM CFO’s pay ticked up in 2023 to $4.5M
The majority of Vikram Luthar’s pay package for last year came from $3.4 million in stock awards, according to Archer Daniels Midland’s proxy filing.
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Final overtime rule clears White House review
DOL’s proposed rule, if adopted, would increase the minimum annual salary threshold that determines overtime pay eligibility under the Fair Labor Standards Act from $35,568 to $55,068.
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DHS unveils ‘enhanced strategy’ to fight illicit trade in textile industry
The plan includes cracking down on small shipments that fall under the de minimis exemption and benefit fast fashion giants such as Shein and Temu.
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Conference meeting led to sports lawyer getting top Chicago Bears legal role
When she was in law school, Krista Whitaker introduced herself to a rising star in sports business after a panel session. A decade later, CEO Kevin Warren tapped her to be CLO of the storied football team.
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In-house teams lack technology and privacy expertise, GCs say
A shortage of in-house personnel specializing in emerging issues such as AI may cause more legal departments to seek outside flexible talent, Axiom’s general counsel says.
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Judge cuts Bayer’s $1.5B Roundup verdict by more than 60%
The crop sciences giant is ramping up its legal defense to fight mounting litigation, which has weighed on its business.
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Legal leaders must make themselves redundant, veteran CEO says
Spotting and nurturing talent should be a general counsel’s top skill, says Bob Cahill, former CEO of G-P.
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CFPB, DOJ boost teamwork on cases
The bureau will refer “potentially criminal conduct,” including “anti-competitive mischief,” to the DOJ for action, CFPB Director Rohit Chopra said Monday.
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Companies fall short on curbing cybersecurity risks from vendors: Moody’s
Cyberrisks are mounting, with artificial intelligence likely to increase the threat of attack in the short to medium term, Moody’s said.
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Utah Ponzi scheme case envelops bank executive
Bank of Utah’s vice president and senior trust officer knowingly disregarded fraudulent activity and divulged protected financial information, a lawsuit asserts.
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SEC reiterates no scope 3 in final climate rule
Agency officials are starting to educate industry stakeholders and investors on the paused rule’s required disclosures, while defending it in court.
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Opinion
Compliance isn’t the only ‘AI washing’ risk
Like regulators, private plaintiffs are going after companies whose artificial intelligence promises don’t match what their technology actually does.
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Lawyers should disclose AI use: NY bar
They’re also told to get familiar with AI. If it can help them work better, they should consider using it to ensure their work is as competent as possible.
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In-house counsel accused of faking law firm bills to steal $200,000
Tadashi Dumas used deceptive wiring instructions to send money to himself and to entities he had outstanding bills with, the Manhattan District Attorney alleges.
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RBC fires CFO, treasury exec over undisclosed relationship
Nadine Ahn had been seen as a potential future CEO candidate, sources told The Globe and Mail. RBC named Katherine Gibson its interim CFO while it searches for a successor.
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Coach files trademark and unfair competition complaint against Gap
The complaint says some Old Navy-branded T-shirts are meant to make consumers think “there is a connection or association” with Tapestry-owned brands.
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Mercedes-Benz workers in Alabama file for UAW election
A “supermajority” of the more than 5,000 autoworkers at the facility filed a petition with the National Labor Relations Board, the UAW announced Friday.
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Column
Direction change unlikely as FTC fills out roster
The agency’s aggressive antitrust and consumer protection push is expected to continue as two Republican commissioners are seated after a year of Democratic-only leadership.
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Too-big-to-care attitude sparks FTC antitrust probes, Khan says
Even though it’s typically out-gunned by deep-pocketed companies and it relies on old laws, the agency has an approach that works for it, the high-profile commission chair says.
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Bowman, Chopra M&A comments put partisan divide on display
The Fed governor assailed what she called the FDIC's proposed "regulation by application," while the CFPB chief stressed how mergers should boost communities.