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The Daily Legal News
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Splitting shares
Q: Shares of Microsoft seem to cost more than $500 apiece -- does that mean the company will do a stock split? And will that double my money? -- Y.C., Decorah, Iowa
A: Microsoft may indeed split its stock this year or next. No announcement has been made as of this writing, though.
Microsoft has executed nine stock splits sin ... (full story)
Citi Foundation puts $25M toward tackling unemployment and AI labor disruptions
NEW YORK (AP) — Young jobseekers, challenged by a rapidly changing labor market, are having a tough time.
The U.S. unemployment rate for 22- to 27-year-old degree holders is the highest in a dozen years outside of the pandemic. Companies are reluctant to add staff amid so much economic uncertainty. The hiring slump is espe ... (full story)
Money-losing companies with colorful histories have pivoted to crypto
A marketer of shark-repellant sunscreen. A maker of chocolate-flavored whiskey. A seller of a drink that promises to quickly lower blood-alcohol levels.
Until recently, these businesses had significant losses and floundering stock prices in common. Now, they're members of a legion of publicly traded companies helping to power on ... (full story)
Splitting shares
Q: Shares of Microsoft seem to cost more than $500 apiece -- does that mean the company will do a stock split? And will that double my money? -- Y.C., Decorah, Iowa
A: Microsoft may indeed split its stock this year or next. No announcement has been made as of this writing, though.
Microsoft has executed nine stock splits sin ... (full story)
Local
The disgraceful history of erasing Black cemeteries in the United States
(THE CONVERSATION) The burying ground looks like an abandoned lot.
Holding the remains of upward of 22,000 enslaved and free people of color, the Shockoe Hill African Burying Ground in Richmond, Virginia, established in 1816, sits amid highways and surface roads. Above the expanse of unmarked graves loom a deserted auto shop, a ... (full story)
Can AI keep students motivated, or does it do the opposite?
(THE CONVERSATION) Imagine a student using a writing assistant powered by a generative AI chatbot. As the bot serves up practical suggestions and encouragement, insights come more easily, drafts polish up quickly and feedback loops feel immediate. It can be energizing. But when that AI support is removed, some students report feelin ... (full story)
State
Prosecutors retreat after convicting a record-setting Grand Teton mountain runner in trail dispute
Michelino Sunseri climbed past boulders on his way to a record-breaking feat: The extreme runner reached the summit of Grand Teton, one of the highest mountains in the American West, and then rushed back down, all in less than three hours.
The National Park Service, however, didn't celebrate. Instead, it charged him with a crime ... (full story)
A Cuban man deported by the US to Africa is on a hunger strike in prison, his lawyer says
CAPE TOWN, South Africa (AP) — A Cuban man deported by the United States to the African nation of Eswatini is on a hunger strike at a maximum-security prison having been held there for more than three months without being charged or having access to legal counsel under the Trump administration's third-country program, his U.S. ... (full story)