Peter Henning, a professor at Wayne State University Law School, discusses a new lawsuit against KKR and Blackstone, which was brought on behalf of taxpayers in the state of Kentucky and accuses the firms of delivering worse returns than they had advertised. He speaks with Bloomberg's June
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Andrew Adonis quit as Theresa May's infrastructure czar, but not before delivering a blistering verdict on the Brexit policy being pursued by the U.K. prime minister and her Conservative Party. The Labour peer and former transport secretary described Brexit as a “populist and nationalist spasm worthy of
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Yesterday, I published a scorecard, listing how I did in my predictions for 2017. Now, as usual, I join the legion of amateur prognosticators who offer guesses about what will happen in 2018. Once again, I borrow my friend Gregg Easterbrook's slogan: All predictions guaranteed, or your money back.
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The Internal Revenue Service has issued a revenue ruling clarifying the tax treatment of a package of films on a TV channel in terms of the domestic production activities deduction. Revenue Ruling 2018-03 clarifies that a package of films such as a television channel that has been disposed of by a
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Richard Briffault, a professor at Columbia Law School, discusses a last-minute suit by Roy Moore, who attempted to challenge Doug Jones' victory in the Alabama special Senate election. On Thursday, a judge threw out Moore's suit, just before Jones was certified as the winner. He speaks with
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