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New tech business unit at Cleary rare among Wall Street law firms

Cleary Gottlieb Steen & Hamilton offices in Washington, D.C. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register Cleary officially launched ClearyX, which will deliver tech-driven legal services to clients Other Wall Street law firms that have avoided innovation projects could make similar moves (Reuters) – Cleary Gottlieb Steen & Hamilton’s new technology-driven […]

US Economic Growth to Hit Just 0.3 Percent for 2nd Quarter

The U.S. economy is forecast to have grown by just 0.3 percent in the second quarter, the Federal Reserve Bank of Atlanta says. According to the regional central bank’s closely watched GDPNow estimate, that’s slightly higher than the previous week’s projection of zero percent. Despite the slight uptick, this is still well below the peak of […]

Shedding light on the pros and cons of temporary contracts

There is little known about the effects of being a temporary contract holder on young workers’ subsequent labour market and family outcomes. A study of the Japanese airline industry focused on how it changed the nature of the contract for flight attendants in the mid-1990s and then again in the mid-2010s. Workers starting on temporary […]

LG Electronics is moving into the EV charging business – TechCrunch

LG Electronics has acquired AppleMango, a South Korean electric vehicle battery charger developer, as the race to produce everything related to EVs ramps up globally. The acquisition, which was made jointly with GS Energy, an EV charging station operator, and GS Neotek, an IT provider, will allow LG to take advantage of future business opportunities, […]

All the recession warnings this week

A tepid stock market, soaring inflation, and rising interest rates have left Americans less than optimistic about the state of the economy. Consumer sentiment has plunged to a record low, according to a University of Michigan survey released last week, fueled by frustration over high prices. To be clear: we are not in a recession, […]