A controversial lawsuit in Texas claims that major investment firms like BlackRock and Vanguard colluded to reduce coal production to combat climate change. The firms deny the allegations, stating the coal market's decline is due to various factors.
Goldman Sachs forecasts three interest rate cuts this year, citing increased recession risks and tariff uncertainties linked to Trump's upcoming announcement. The firm predicts a 35% chance of recession within a year.
In a bold move, Paul Weiss Chairman Brad Karp addresses employee concerns following a contentious deal with the Trump administration that could change the firm's future. Discover how they navigated this crisis and what it means for the legal community.
In a shocking turn of events, Paul Weiss, a prominent law firm, struck a deal with Trump to avoid drastic consequences from an executive order that threatened its survival. The firm's chairman, Brad Karp, reveals the intense pressure that led to significant concessions.
In a surprising turn of events, President Trump rescinded an executive order against Paul Weiss after the firm agreed to provide $40 million in pro bono legal services and abandon diversity policies. This decision marks a significant shift in the relationship between the White House and this prestigious law firm.
