Category «Financial System»

Next in Google’s quest for consumer dominance – banking

WSJ via FoxNews: “Google will soon offer checking accounts to consumers, becoming the latest Silicon Valley heavyweight to push into finance. The project, code-named Cache, is expected to launch next year with accounts run by Citigroup Inc. and a credit union at Stanford University, a tiny lender in Google’s backyard. Big tech companies see financial services as a …

Subjects: E-Records, Economy, Financial System, Privacy

Business Roundtable Ranked How Well Apple, IBM, and Amazon Actually Serve Stakeholders

Fortune: “In August, almost 200 leading business executives—including Amazon CEO Jeff Bezos, Apple CEO Tim Cook, JPMorgan Chase CEO Jamie Dimon, and IBM CEO Ginni Rometty—made news headlines by offering a new definition for the purpose of a corporation that challenged long-held corporate orthodoxy. These chief executives, collectively known as the Business Roundtable, argued that …

Subjects: E-Commerce, Economy, Financial System, Legal Research

LLRX October 2019 New articles and columns

Articles and Columns for October 2019 Blockchain: What Information Professionals Need to Know – Anna Irvin, Ph.D. and Janice E. Henderson, Esq. presented this comprehensive 64 page guide at the LLAGNY Education Committee Program on October 15, 2019. The guide is an multidisciplinary resource that includes: articles from law, business and finance journals, CLE programs/materials, …

Subjects: Blogs, Cybercrime, Cybersecurity, Economy, Financial System, Knowledge Management, Legal Research, Marketing

Being a Law Firm Partner Was Once a Job for Life. That Culture Is All but Dead

WSJ.com [paywall]: “At the modern law firm, not all partners are created equal, and data and billings rule – “Four hundred of Kirkland & Ellis LLP’s top lawyers gathered in May at an oceanfront resort in Southern California to toast another banner year. Kirkland was the highest-grossing law firm in the world for the second …

Subjects: Economy, Education, Financial System, Marketing

401(k) contribution limit increases to $19,500 for 2020; catch-up limit rises to $6,500

“The Internal Revenue Service today announced that employees in 401(k) plans will be able to contribute up to $19,500 next year. The IRS announced this and other changes in Notice 2019-59 (PDF), posted today on IRS.gov. This guidance provides cost‑of‑living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2020. …

Subjects: Economy, Financial System, Government Documents

Blockchain: What Information Professionals Need to Know

Via LLRX – Blockchain: What Information Professionals Need to Know – Anna Irvin, Ph.D. and Janice E. Henderson, Esq. presented this comprehensive 64 page guide at the LLAGNY Education Committee Program on October 15, 2019. The guide is an multidisciplinary resource that includes: articles from law, business and finance journals, CLE programs/materials, smart contracts, Westlaw and …

Subjects: Economy, Financial System, Legal Research

D.C. Nonlawyer Partner Rule Spurs Interest as States Mull Change

Via Mary Whisner – Sam Skolnik, D.C. Nonlawyer Partner Rule Spurs Interest as States Mull Change, Bloomberg Law News: “Some law firms in the nation’s capital have incorporated non-legal experts as co-owners, capitalizing on a unique District of Columbia Bar rule modification that could be instructive as changes to the same rule are considered elsewhere. …

Subjects: Economy, Education, Financial System, Knowledge Management, Legal Research, Marketing

Pete Recommends – Weekly highlights on cyber security issues, October 26, 2019

Via LLRX – Pete Recommends – Weekly highlights on cyber security issues, October 26, 2019 – Privacy and security issues impact every aspect of our lives – home, work, travel, education, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on the increasingly …

Subjects: Cybercrime, Cybersecurity, Financial System, ID Theft, Internet, Knowledge Management, Legal Research, Libraries, Privacy

Kentucky among 9 states blocking climate action

“Flash floods have troubled Kentucky for decades. Now, extreme rainstorms are worsening with climate change, increasing the odds of more disasters like the one Bentley’s community endured. For Kentucky’s poorest residents, the people living in flood-prone hollows with surface mines nearby, that means an ever-present threat to both life and hard-won possessions.  But the state …

Subjects: Climate Change, Economy, Energy, Environmental Law, Financial System, Government Documents, Legal Research

Congress Looking into Anticompetitive Behavior in the Digital Library Market

Publishers Weekly – “The American Library Association (ALA) has delivered a written report to the House Judiciary Committee telling lawmakers that “unfair behavior by digital market actors,” including Amazon and some major publishers, is “doing concrete harm to libraries.” The report, delivered last week to a House antitrust subcommittee investigating competition in the digital market, …

Subjects: Congress, E-Commerce, Financial System, Legal Research, Libraries

HBR Best-Performing CEOs in the World 2019

Harvard Business Review – “When Jensen Huang cofounded NVIDIA, in 1993, he focused on a single niche: building powerful computer chips to create graphics for fast-moving video games. As the company went public in 1999 and grew through the 2000s, video games remained its growth engine—but even back then, Huang, a Taiwanese immigrant who studied …

Subjects: Economy, Financial System