Legal & Regulatory
IRS Finalizes Reporting Rules for Cryptocurrency Tax Guidelines
The US Department of the Treasury and the IRS have finalized regulations requiring brokers of cryptocurrency assets to report gross proceeds from sales starting in 2026.
Generative AI is the Future of the Legal Industry—Here's Why
The legal industry is about to embrace generative AI, with technologies like legal prompt engineering to automate tasks like document drafting and contract review.
US Seeks Guilty Plea from Boeing Over 737 MAX Settlement Violation
The US Justice Department is urging Boeing to plead guilty to a criminal charge for violating a settlement related to the fatal 737 MAX crashes in 2018 and 2019.
WestJet Cancels Flights of 49,000 Passengers Due to Surprise Union Strike
Canada's second-largest airline, WestJet, canceled 407 flights affecting 49,000 passengers due to a surprise strike by the maintenance workers' union, despite ongoing negotiations.