Uvalde shooting victims seek $27B, class action in lawsuit

Flowers and candles are placed around crosses May 28 at a memorial outside Robb Elementary School in Uvalde, Texas, to honor the victims killed in the school shooting days earlier. Victims of the Uvalde school shooting that left 21 dead have filed a $27 billion lawsuit against local and state police, the city and other … Read more

United States: Buyer Beware Cyber Diligence in M&A

In short What is the responsibility of an acquiring company to understand and assess cyber risks in an acquisition? How can these risks be identified and mitigated in the midst of a fast transaction? A data breach can have serious financial consequences for both buyer and seller. A significant security breach can result in near-instantaneous … Read more

United States: The IRS shoots down advance payments of 367(d) annual inclusions

Tax News and Developments November 2022 In short In Advisory Note 2022-003 (AM) issued September 23, 2022, the IRS takes a position on prepayments of annual inclusions under Section 367(d). AM states that Code Section 367(d) does not permit prepayments of annual inclusions under Section 367(d), except for prepayment made immediately after a transfer of … Read more

33 Best Video Game Cyber Monday Deals (2022): Switch, Playstation, Xbox, and More

There is almost never a better time to buy a new game console or buy games than Cyber ​​Monday – if you can find them in stock, anyway. Here we’ve rounded up the best deals we’ve found on controllers, headsets, games, and the occasional console we can find. Update November 27: We’ve added a new … Read more

Avian flu outbreak wipes out 50M US birds, a record

Cage-free chickens are shown inside a facility at Hilliker’s Ranch Fresh Eggs in Lakeside, California April 19. Bird flu has wiped out 50.54 million birds in the United States this year, making it the deadliest epidemic in the country’s history. (Mike Blake, Reuters) Estimated reading time: 2-3 minutes CHICAGO — Bird flu has killed 50.54 … Read more

Apple’s Black Friday Event Underway in Some Countries, Begins in U.S. Tomorrow

Apple’s annual four-day Black Friday to Cyber ​​Monday trade event has begun in Australia and New Zealand, with customers eligible to receive a free Apple Gift Card with the purchase of select products until November 28. Offer is available for select iPhones, iPads, Macs, Apple Watches, AirPods, Beats and accessories. As usual, many of Apple’s … Read more

United States: New York City regulating artificial intelligence in employment decisions

Employer Action Code: Monitor The growing use of artificial intelligence (AI) in employment-related decisions has prompted the New York City government to regulate its use by employers, particularly due to concerns about possible unequal treatment of candidates for employment due to the programming or operation of the AI. New York City Local Law 144 (LL … Read more

Nintendo Launches Huge Black Friday eShop Sale, Up To 75% Off Switch Games (UK)

Image: nintendo Update [Thu 17th Nov, 2022 16:05 GMT]: The Switch eShop Black Friday sale teased earlier in the week by Nintendo UK is now live, with up to 75% off a host of Switch games. Some of the big titles include Metroid Dread, Xenoblade Chronicles 2, Super Mario Odyssey, Octopath Traveler, and Dragon Quest … Read more

At a glance: sanctions for cartel activity in USA

Punishments Penals sanctions What criminal penalties, if any, are provided for cartel activities? Under US antitrust laws, both companies and individuals face severe penalties for cartel activity, including steep financial penalties and, for individuals, jail time. For companies, the Sherman Act imposes a maximum fine of US$100 million per violation. For individuals, the maximum is … Read more

Applications for student loan forgiveness no longer accepted

President Joe Biden speaks about student debt relief at Delaware State University October 21 in Dover, Delaware. A U.S. judge in Texas on Thursday blocked Biden’s plan to provide millions of borrowers with up to $20,000 each in federal student loan forgiveness. (Evan Vucci, Associated Press) Estimated reading time: 2-3 minutes WASHINGTON — The Biden … Read more