The <-bsp-bb-link state="{"bbHref":"bbg://screens/SNB","_id":"0000018f-1ab2-d583-afbf-dafe1fed0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Swiss National Bank isn’t inclined to invest its reserves in cryptocurrencies like Bitcoin, President <-bsp-person state="{"_id":"0000018f-1ab2-d583-afbf-dafe1fed0001","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Thomas Jordan said.

A metric providing a window into the profitability of Bitcoin mining is approaching the all-time low it reached after the collapse of Sam Bankman-Fried’s FTX, signaling hard times ahead for miners.

Paul Weiss has been stymied in its effort to open a Houston office, as top equity partners at rival firms spurned recruitment efforts.

Investors pulled a net $218 million from US Bitcoin exchange-traded funds, one of their worst daily <-bsp-bb-link state="{"bbHref":"bbg://screens/W%20%23SPEC%20290","_id":"0000018f-19ad-d583-afbf-dbfd33ba0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">outflows as demand for risky investments takes a knock from fading hopes for Federal Reserve interest-rate cuts.

Crypto software firm <-bsp-bb-link state="{"bbHref":"bbg://securities/1994287D%20US%20Equity","_id":"0000018f-174b-d583-afbf-d7df5f850000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Consensys sued the <-bsp-bb-link state="{"bbHref":"bbg://securities/13165Z%20US%20Equity","_id":"0000018f-174b-d583-afbf-d7df5f850001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">US Securities and Exchange Commission in an effort to fend off regulation of the Ethereum blockchain and push back against what it called the agency’s “campaign to seize control over the future of cryptocurrency.”

Co-founded by Sam Altman, the crypto and AI project has faced scrutiny around the world for its eyeball scans.

<-bsp-bb-link state="{"bbHref":"bbg://securities/TEAM%20US%20Equity/BQ","_id":"0000018f-1af1-d583-afbf-dafd35e50000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Atlassian Corp. Co-Chief Executive Officer <-bsp-person state="{"_id":"0000018f-1af1-d583-afbf-dafd35e50001","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Scott Farquhar is stepping down from the Australian software company he helped start more than two decades ago, a surprise move that rattled investors.

<-bsp-bb-link state="{"bbHref":"bbg://securities/1802835D%20US%20Equity","_id":"0000018f-1af1-d583-afbf-dafd35e90000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Elliott Investment Management has built a roughly $1 billion stake in Anglo American Plc while betting against the stock of BHP Group Ltd., the Australian miner that’s made an unsolicited takeover approach to Anglo American.

<-bsp-bb-link state="{"bbHref":"bbg://securities/LMCADS03%20LME%20Comdty/GP","_id":"0000018f-1ae8-d583-afbf-dafc0fa50000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Copper hit $10,000 a ton for the first time in two years as speculation builds that the world’s mines will struggle to meet a coming wave of demand from green industries.

<-bsp-bb-link state="{"bbHref":"bbg://screens/nsc%20us%20%3Cequity%3E%20des1","_id":"0000018f-1afa-d583-afbf-dafe5c440000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Norfolk Southern Corp.’s chief executive officer was <-bsp-bb-link state="{"bbDocId":"RQFYU0T1UM0X","_id":"0000018f-1afa-d583-afbf-dafe5c440001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">lambasted by politicians as the epitome of everything wrong with the profit-obsessed railroad industry when a derailment caused a toxic disaster in East Palestine, Ohio, last year.

A cause celebre is ringing out across Harvard Yard, Columbia’s South Lawn, Yale’s Beinecke Plaza and UC Berkeley’s Sproul Plaza: Disclose and divest.

Money market funds are becoming a huge force within the ESG investing industry.

UK cybersecurity company <-rte-company state="{"_id":"0000018f-1a03-d583-afbf-dadfd73f0000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Darktrace Plc agreed to sell itself to private equity firm <-bsp-bb-link state="{"bbHref":"bbg://securities/129626Z%20US%20Equity","_id":"0000018f-1a03-d583-afbf-dadfd73f0001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Thoma Bravo for an equity value of about $5.32 billion.

OpenAI, the ChatGPT maker, is expanding its global people-powered lobbying, policy, and messaging teams, as it works to shape government rules for artificial intelligence, and to win converts for its tools from Capitol Hill to far-flung foreign countries.

Brittany Pietsch inspired a wave of copycats after she posted on TikTok a recording of her tense conversation with two Cloudflare representatives informing her that she was being let go.

Paul Weiss has been stymied in its effort to open a Houston office, as top equity partners at rival firms spurned recruitment efforts.

Alston & Bird’s Daniella Main and Brooke Bolender say Marriott litigation has broad impact for consumer contracts and enforceability of class action waivers.

Co-founded by Sam Altman, the crypto and AI project has faced scrutiny around the world for its eyeball scans.

A Texas rubber manufacturer will try to convince a federal appeals court that the National Labor Relations Board steamrolled over the company’s due process rights in the course of changing its framework for assessing offensive employee misconduct.

Rapper Travis Scott must stand trial for his role in the deadly Astroworld music festival, after a Texas judge denied his request to get out of the sprawling litigation.

Paul Weiss has been stymied in its effort to open a Houston office, as top equity partners at rival firms spurned recruitment efforts.

Alston & Bird’s Daniella Main and Brooke Bolender say Marriott litigation has broad impact for consumer contracts and enforceability of class action waivers.

Wiley’s Diana Shaw explains the new OIG notice requirement and lays out considerations for business entities.

Moss Adams’ Clay Hodges and Daniel Quintana reviews sports partnerships’ tax deduction options, saying partners should be proactive about documentation and record retention.