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New York City’s Local Law 144 prohibits employers and employment agencies from using “automated employment decision tools” (AEDTs) to assess hiring and promotion decision unless such...
Across four major Covid-19 relief bills, the US federal government allocated about $900 billion to state and local governments. This column exploits the fact that allocations of aid were more generous in states more favourably represented in Congress to analyse the consequences of this federal assistance. It finds modest positive effects of federal aid on local and state
In This Issue. The U.S. Securities and Exchange Commission (SEC) proposed a new rule to increase market transparency regarding short selling and extended the comment period for its...
Inman Connect Three days after real estate juggernaut CoStar Group sweetened its offer to acquire property data and analytics firm CoreLogic, the latter has come back with a response: Not sweet enough. On Monday, CoStar upped its previous $7 billion, all-stock bid for CoreLogic by $6 per share, or an additional $450 million, so that CoreLogic shareholders would receive $6 in cash per share and 0.1019 shares of CoStar Group’s common stock in exchange for each share of CoreLogic stock. The value of the proposed package represents approximately $90 per share based on CoStar’s closing price o...