investment

Law Firms Are Using MSOs to Allow Private Equity, Outside Investment

Real estate, airlines, fashion.It might seem like private equity has climbed the mountain of the American economy, declaring everywhere the light touches as part of its kingdom.But one corner remains in the shadowlands: Law firms.Nearly every state has adopted a professional ethics rule from the American Bar Association forbidding lawyers…

I Scrapped a 600,000 Sq. Ft. Investment for My Business Due to Tariffs

This as-told-to essay is based on a conversation with Rick Woldenberg, CEO of Learning Resources, an educational toy company based in Illinois. He is petitioning the Supreme Court to hear his lawsuit against Trump’s tariffs. This essay has been edited for length and clarity.I was in the middle of a…

Google, XAI, OpenAI Pull Back After Meta’s Scale AI Investment

Google, xAI, and other tech companies aren’t wasting any time distancing themselves from Scale AI.Just hours after Meta announced a massive $14.3 billion investment in the data labeling startup, Google halted multiple projects with the company, according to internal correspondence obtained by Business Insider. Google had already been winding down…