Some 335 million Klarna Group Plc shares became eligible for trading Monday after the company’s post-IPO lockup period expired, even as the fintech’s lack of near-term profitability continued to put the spotlight on the plunge in its valuation.

The classic way to bet on the direction of the S&P 500 Index is in the options market, buying puts or calls tied to a preset price.

Netflix Inc.’s stock price is staging a dramatic reversal triggered by management’s decision to walk away from its proposed acquisition of Warner Bros. Discovery Inc. late last month.

Abu Dhabi’s new $237 billion financial-services holding company Judan is buying a majority stake in Alpha Wave Global, an alternative asset manager that holds stakes in leading artificial intelligence firms including SpaceX, Anthropic and OpenAI.

KAST, a stablecoin payments firm, has raised $80 million in its latest funding round, as venture capitalists continue to pour money into startups offering digital-dollar accounts.

Fantasy sports company Underdog acquired a federally regulated derivatives exchange and clearinghouse from Aristotle Inc., the company that runs the PredictIt political predictions market.

OpenAI has agreed to buy Promptfoo, a startup that enables large businesses to find and fix security issues in artificial intelligence models during their development, part of a push to help corporate customers reduce possible risks from deploying AI software.

The IRS issued a private letter ruling on I.R.C. §953 and Treas. Reg. §301.9100, granting a foreign insurance company a 90-day extension to elect domestic corporation treatment effective from its ...

The IRS issued a private letter ruling on I.R.C. §§131, 6041, and 6051, determining that Medicaid payments made under a state’s in-home supportive care program to care providers residing with ...

Christopher Odell joined Akin as a tax partner in Chicago, the firm announced Monday.

The IRS issued a private letter ruling on I.R.C. §§468A, 671, and 1001 confirming that assets transferred from qualified nuclear decommissioning funds to nonqualified funds will be disqualified, deemed distributed ...

The IRS issued a private letter ruling on I.R.C. §754 and Treas. Reg. §301.9100, granting a partnership 120 days to make a late §754 election effective for its tax year ...

Amendments to Malaysia’s Employees’ Social Security Act 1969, published March 5, extend social security coverage to injuries suffered by an employee outside of work and plan contribution rate increases to incorporate the additional coverage.

A growing number of employers who were denied pandemic-era tax credits are weighing whether to sue the IRS for their refunds, as a deadline to do so nears.

The DOL proposed a new rule to simplify independent contractor classification, reverting to a framework similar to the 2021 rule.

Both accounting firms and academia must design learning environments and curricula that will ensure the next generation of accountants develops AI fluency on top of critical thinking skills.

Switzerland voted to enshrine the availability of cash in its constitution, assenting to a push designed to guard against the demise of physical money.

President Donald Trump’s fluctuating tariffs have weighed down US job growth with rising costs and uncertainty for companies, according to a new memo from former Vice President Mike Pence’s group.

Christopher Odell joined Akin as a tax partner in Chicago, the firm announced Monday.

Alex Dimock and Sam Murphy joined Bracewell as partners in its Dallas office, launching the firm’s new real estate special situations practice, the firm announced Monday.

Megan McCarthy and Benjamin Vernon joined Barnes & Thornburg as partners, the firm announced Monday. McCarthy joined in Minneapolis, while Vernon joined in Los Angeles.

Frédéric Ney joined Charles Russell Speechlys as a tax partner in Geneva, the firm announced Monday.

The DOL proposed a new rule to simplify independent contractor classification, reverting to a framework similar to the 2021 rule.

Both accounting firms and academia must design learning environments and curricula that will ensure the next generation of accountants develops AI fluency on top of critical thinking skills.