Welcome to Bloomberg Law’s Wake Up Call, a daily rundown of the top news for lawyers, law firms, and in-house counsel.

The biggest and most closely watched US power auction is set to offer an early glimpse of what the AI boom will cost consumers.

The proposal calls for cutting the annual IRS budget down to $9.5 billion, with steep cuts to its enforcement budget.

Sherry Xie joined Paul Hastings as a partner in its global tax practice in New York, the firm announced today.

The report that landed on the desks of Credit Suisseexecutives was a bombshell: Sanjeev Gupta, a global steel tycoon and one of the bank’s key borrowers, was a “clear participant” in a multi-billion ...

The Trump administration’s urgent messaging about electricity reliability is at odds with Republicans’ removal of tax ...

While Senate approval of President Donald Trump’s National Labor Relations Board nominees will restore its quorum, restarting ...

The “GENIUS Act” represents one of the most significant amendments to US bankruptcy law since 2005, by allowing stablecoin ...

Trump’s decision to continue a pro-union policy from the Biden administration sees pushback from Republicans and the divide ...

Billionaire investment banker Ken Moelis will learn this week whether the Delaware Chancery Court will advance allegations ...

Rapidly evolving AI is giving rise to a new kind of law firm: one where artificial intelligence is not just a cost-saving ...

Just six months into his second term, President Donald Trump has moved quickly to reshape the Environmental Protection Agency ...