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Boeing Leaders’ Windfall Predates New Safety Goals Tied to Pay

A pair of top Boeing Co. bosses who announced their departures as the company faced scrutiny over near-catastrophic manufacturing flaws in its 737 series jets are still poised to collect a combined $45 million in compensation based on the most recent company disclosures.

By David Hood

Universal Injunctions’ Outsize Effects May Spur Justices to Act

Columnist David Lat explains the controversy behind universal injunctions and their impact on public policy and judicial power.

Ex-Jane Street Trader Pillories Claims He Stole Trade Secrets

A former <-bsp-bb-link state="{"bbHref":"bbg://securities/1087299D%20US%20Equity","_id":"0000018f-0e8c-d583-afbf-cedcdd870000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Jane Street Group trader who moved to <-bsp-bb-link state="{"bbHref":"bbg://securities/2878538Z%20US%20Equity","_id":"0000018f-0e8c-d583-afbf-cedcdd870001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Millennium Management ridiculed his former employer’s claims that he used its secret strategy to make a killing at his new job in India’s options market.

Hong Kong Crypto ETF Launches to Test Global Hub Ambitions

Hong Kong is set to follow in the footsteps of the US by listing a batch of <-bsp-bb-link state="{"bbHref":"bbg://screens/BI%20ETFSG","_id":"0000018f-0dcc-d583-afbf-cfdca43b0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">cryptocurrency exchange-traded funds, providing a window on whether the city is making progress on fashioning a hub for digital assets.

Appaloosa Sues Credit Suisse Over $17 Billion AT1 Bond Wipeout

Hedge fund <-bsp-bb-link state="{"bbHref":"bbg://securities/1349929D%20US%20Equity","_id":"0000018f-0d6c-d583-afbf-cffc845f0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Appaloosa LP became the latest to sue over the $17 billion wipeout of high-risk bonds last year that was part of the deal to save Credit Suisse Group AG from a full-scale collapse.

Agency Foe Supports Broker’s Defense in FINRA Federal Court Bout

Broker-dealer firm Southeast Investments, N.C. Inc. and its president have company in their Fourth Circuit case over FINRA sanctions against them, after a public interest group that often seeks to curb agency power filed a brief in support of the broker-dealer.

Appvion Stock Plan Revives Suit Over Allegedly Flawed Transfer

The employee stock ownership plan of bankrupt paper company Appvion Inc. on Tuesday had part of its case revived against former corporate directors and financial advisers it says mishandled a decades-old transaction that swapped workers’ 401(k) assets for stock in the company.

LME Takes Aim at Traders’ Russian Metal Games With New Rules

The <-bsp-bb-link state="{"bbHref":"bbg://securities/1537986Z%20LN%20Equity","_id":"0000018f-0cc2-d583-afbf-cede80aa0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">London Metal Exchange is imposing new rules surrounding the movement of metal in its warehousing network, taking aim at a lucrative and complex trading opportunity that emerged after the imposition of <-bsp-bb-link state="{"bbDocId":"SBUNEYT0G1KW","_id":"0000018f-0cc2-d583-afbf-cede80aa0001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">sanctions on Russian metal earlier this month.

FTX to Auction Off More Solana This Week, Potential Bidders Say

The bankruptcy estate of the failed <-bsp-bb-link state="{"bbHref":"bbg://securities/1821506D%20US%20Equity","_id":"0000018f-0cb8-d583-afbf-cefc4a0d0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">FTX cryptocurrency exchange plans to auction off another unspecified amount of <-rte-company state="{"_id":"0000018f-0cb8-d583-afbf-cefc4a0d0001","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Solana tokens this week, according to people familiar with the sale.

Jack Dorsey’s Block Finishes Development of Bitcoin Mining Chip

Digital payments company Block Inc., formerly known as Square, has finished the development of its Bitcoin mining chip as Chief Executive Jack Dorsey continues to advocate for a more accessible and decentralized system — an effort he’s <-bsp-bb-link state="{"bbDocId":"S5B1TCDWRGG0","_id":"0000018f-0cf3-d583-afbf-ceff706d0002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">championed since 2021.