Corporate Finance

The pandemic and data breaches will likely fuel increasing class action defense costs, including expenses for outside counsel and e-discovery.

Despite pausing its annual meeting for an entire hour, during which executives allegedly called shareholders and pressured them to change their vote, Exxon Mobil gained two climate activists as new board members.

From tax credits to changes in RMDs to allowing CITs in 403(b)s, this legislation has many provisions meant to encourage employers to offer retirement plans.

High-level bank execs picked and retained 17 proprietary funds, many of which underperformed, the class action states.

The president indicates he would consider a 25% corporate tax rate rather than his proposed 28%.

Interest rate premium on borrowing for high-yield vs. investment-grade businesses hits the lowest level since 2007.

Some oil majors will pay down debt, some will focus on returning cash to shareholders. All are expected to neglect capex, perhaps to the detriment of their business's long-term prospects.

Big Tech will find it harder to dodge Biden's plan because, if turned into law, it would close most of the loopholes left by Trump's 2017 legislation.