Deploying a rarely used tool for hedge funds, Carl Icahn’s firm and other investors are spearheading proposed class actions that challenge multibillion-dollar buyouts of public firms.

To know where you stand in your company’s hierarchy, check your AI budget. Companies are quietly sorting workers into different tiers of access as they determine which roles deserve more spend.

According to Joshua Goodman, trash collection in New York is one of the last services the city offers that is not yet touched by neoliberalism. What he means is that it’s the last free and unlimited ...

Weil’s Demise Is In-House Wakeup Call. The stunning collapse of Weil Gotshal & Manges LLP serves as a reminder to in-house legal teams: don’t put all your eggs in one outside ...

PwC’s US arm is launching a critical thinking certification for its more than 85,000 partners and staff as artificial intelligence tools transform the professional services firm’s everyday tasks.

Already awash in cash from a surge in global oil prices, Canada’s crude producers have been given a gift from Mark Carney’s government: a writeoff that’s set to reduce their taxes, in some cases, for ...

BNP Paribas SA and Deutsche Bank AG are wrapping up a €3.5 billion ($3.9 billion) credit line for Ares Management Corp.’s European direct lending fund.

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Massumi + Consoli is hiring a Weil Gotshal private equity partner, the deals boutique said Monday. M&A partner Matt Stewart will join the firm to give it a Silicon Valley presence. Stewart is among ...

Welcome to Bloomberg Law’s Wake Up Call, a daily rundown of the top news for lawyers, law firms, and in-house counsel.

KKR & Co. reported a third-quarter profit that beat analysts’ estimates as the “mini Berkshire” unit that holds long-term private equity bets mitigated a slump at its Global Atlantic insurance arm.

Tesla Inc. will refund Cybertruck deposits for a considerable number of customers because it has more orders than it can process before ending production next year, according to Chief Executive ...