In a move that has the potential to shake up the legal landscape in the infrastructure industry, Norton Rose Fulbright has announced the addition of Patrick Harder to co-head the firm’s U.S. and North America infrastructure groups. This hiring comes after Harder’s impressive 20-year tenure at Nossaman LLP, where he made a name for himself
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The former chair of the U.S. Federal Deposit Insurance Corp, Sheila Bair, has raised concerns about the quarterly earnings of regional banks that are set to be released this week. According to Bair, there are critical weaknesses that may be exposed in these earnings reports. She highlights the overreliance on industry deposits, concentrated commercial real
When discussing fixed income investments, many people focus on hitting home runs and going for the big wins. However, according to Mary Ellen Stanek, co-chief investment officer at Baird Advisors, success in this asset class is more about consistency and maintaining a high batting average. Stanek emphasizes the importance of avoiding high strikeout percentages by
United Airlines recently announced a cut in its aircraft-delivery expectations for the year, citing delays from Boeing as the main reason behind this decision. The airline now expects to receive only 61 new narrow-body planes in the current year, a significant reduction from the 101 it had initially anticipated. This move comes as United faces
The Internal Revenue Service budget has been a topic of debate in a recent Senate Finance Committee hearing. IRS Commissioner Danny Werfel defended the agency‘s budget and called for an extension of IRA funding through fiscal 2034. According to Werfel, this extension would provide $104 billion over a 10-year period and generate an additional $341
In a recent development shared by @WuBlockchain X handle, the Hong Kong Securities and Futures Commission approved several spot Bitcoin and Ethereum exchange-traded fund (ETF) applications. This move opens up new investment avenues for crypto enthusiasts in Hong Kong and signals a growing acceptance of digital assets by traditional financial regulators. The issuers greenlit by
The tech sector, led by Nvidia, has been on a bullish run for months. However, recent indicators suggest that this rally may be losing steam. As we analyze the market data, it becomes evident that a bearish trend may be on the horizon. In this article, we will delve into the details of a potential
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