Bitcoin Plummets as Elon Musk Reverses Course on Accepting the Crypto at Tesla
On 5/13/21 at 3:59 PM EDT
Elon Musk s decision to no longer accept Bitcoin to purchase Tesla s electric cars slashed billions from the cryptocurrency s valuation, but won t kill investor interest in the sector, analysts believe.
Bitcoin, the world s leading cryptocurrency, fell to $46,294.72 Thursday after Musk s tweet 28.59% below its record high of $64,829.14. It has since recovered about $4,000, but still remained down for the day.
Elon Musk said Tesla won t accept Bitcoin due to environmental concerns. In this photo, SpaceX owner and Tesla CEO Elon Musk poses on the red carpet of the Axel Springer Award 2020 on December 01, 2020 in Berlin, Germany.
The showdown over Gov. J.B. Pritzker’s emergency authority and that of the Illinois State Legislature will likely be decided by a federal judge. Shortly after Clay County Judge Michael McHaney ruled that Pritzker exceeded his authority by extending the state’s stay-at-home order, the state announced it might seek to have the appeal heard in federal court. But before it.
Loyola Professors’ Research Helps Illinois Become the First State to Eliminate Cash Bail
Zack Miller | The PhoenixLoyola criminal justice professors David Olson and Don Stemen research on cash bail and pretrial release shaped Illinois new law on bail reform.
Published March 17, 2021 7:30 a.m. CT
When Loyola criminal justice professors David Olson and Don Stemen were asked by the MacArthur Foundation to research bond court and pretrial release in Cook County, they didn’t know their work would help dramatically change the justice system in Illinois.
Illinois Gov. J.B. Pritzker signed Illinois House Bill 3653 which includes the Pre-Trial Fairness Act Feb. 22, making Illinois the first state in the country to eliminate pre-trial cash bail payments.
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Recent legislative developments in the State of Illinois underscore the need for employers to review and revise their restrictive covenant agreements with their employees to maximize potential enforceability. Specifically, a bill has emerged in the state legislature that would significantly restrict employer use and enforcement of restrictive covenant agreements. What do Illinois employers need to know about this potentially game-changing development?
Current State Of Illinois Law
As is the case in many states, Illinois law governing the enforceability of restrictive covenant agreements – which include covenants not to compete and not to solicit customers and employees – in the employment context has developed largely through judge-made, common law decisions. Under current law, and to briefly summarize, Illinois courts will enforce restrictive covenant agreements against a former employee where necessary to protect a