George Hines, the founder of a chain of music stores, invested in private credit funds for the juicy yields.

For the first time, aging law firm owners have a succession option that doesn’t require internal buyers, competitor sales, or wind-downs: Management Services Organizations, or MSOs.

Federal Reserve Chair nominee Kevin Warsh wants to significantly shrink the US central bank’s $6.6 trillion balance sheet. He’ll probably need more than one term to do it, according to a top financial economist.

NVIDIA Corp. investors can proceed as a class with securities fraud claims against the company and its CEO over product sales that slumped with a 2018 cryptocurrency downturn, a federal judge ruled Wednesday.

Susman Godfrey wants to see law students’ full first-year transcripts before hiring summer associates, bucking the trend among top firms vying to land candidates early.

Binance, the world’s largest crypto exchange, is tightening rules for token issuers and providers of liquidity on the platform following criticismof digital-asset market practices during October’s market meltdown.

Proposed rules that would increase the reporting threshold for individuals who use e-commerce platforms for business are one step closer to being released.

European Union lawmakers finally approved a trade deal with the US, clearing a key obstacle for the long-delayed agreement despite lingering uncertainty about Washington’s tariffs.

Average Wall Street bonuses jumped to a record last year, with the total pool for payouts rising to $49.2 billion as profits and revenues soared.

Tax shelter promoters, unlike tax preparers, aren’t named on their customers’ tax returns. And whether the tax-cutting strategy they recommend is allowable can be an open question until the IRS weighs in, which can take years, even when the agency is at full strength. Today, headcount at the IRS is down roughly 25% since President Donald Trump returned to the White House.

The Big Four accounting and consulting firms are looking to stay competitive as artificial intelligence shakes up their industry by pivoting to focus on multi-year contracts meant to reinvent and run corporate back-office suites.

European Union lawmakers finally approved a trade deal with the US, clearing a key obstacle for the long-delayed agreement despite lingering uncertainty about Washington’s tariffs.

Life Insurance Corp. of India said it received a notice from the income tax authorities seeking 61.47 billion rupees ($654 million) in past dues and 9.53 billion rupees in interest, according to a filing late Wednesday.

Tax shelter promoters, unlike tax preparers, aren’t named on their customers’ tax returns. And whether the tax-cutting strategy they recommend is allowable can be an open question until the IRS weighs in, which can take years, even when the agency is at full strength. Today, headcount at the IRS is down roughly 25% since President Donald Trump returned to the White House.

The Big Four accounting and consulting firms are looking to stay competitive as artificial intelligence shakes up their industry by pivoting to focus on multi-year contracts meant to reinvent and run corporate back-office suites.

Companies looking to transfer existing IP from offshore affiliates to US entities, or to place all newly created IP in US affiliates, should know that each choice poses tax and legal challenges.

If the US Supreme Court rules for the plaintiffs in Chamber of Commerce v. DHS, fees may return to the status quo, but foreign-born workers may not. Businesses that need foreign-born talent must think outside the box to develop a stable policy that can endure and attract these workers.

An EQT AB affiliate lost its bid to end fraud litigation brought by a fund manager who sold his business to the Swedish investment firm during its failed foray into the US multifamily market.

Banks led by JPMorgan Chase & Co. boosted a junk loan to support the purchase of Janus Henderson Group Plc by Nelson Peltz’s Trian Fund Management and General Catalyst to $2.6 billion after scrapping a planned bond sale amid volatile markets.

JP Morgan Securities LLC, Goldman Sachs & Co. LLC, and BofA Securities Inc. are among multiple people and entities agreeing to pay $125 million to settle a securities class action with investors of the bankrupted biotech company Zymergen Inc.

Shield AI has raised $2 billion at a valuation of $12.7 billion, more than doubling its value from a year ago, underscoring investor demand for defense technology and artificial intelligence.

Iran has likely earned hundreds of millions of dollars of extra income from oil sales since the start of the war, benefiting from a surge in the price of its crude after it became the only major exporter able to use the Strait of Hormuz.

The Bundesbank has identified risk management shortcomings at Jefferies Financial Group Inc.’s German unit as part of a special audit, Frankfurter Allgemeine Zeitung reported, without saying where it got the information.