DALLAS--(BUSINESS WIRE)--Mar 31, 2026--
Ryan Gehbauer has joined Dorsey & Whitney LLP as a Partner in the Firm’s Labor & Employment group in Dallas, the international law firm announced today.
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Ryan handles matters arising from all aspects of the employment relationship, including wage and hour issues, hiring disputes, background checks, and restrictive covenants. He advises clients on employee terminations and workforce reductions; leaves of absence; workplace investigation and policies; workplace safety and OSHA claims; and complaints involving discrimination, retaliation, and harassment. Ryan also advises clients on the full spectrum of employment issues tied to workplace-altering events such as mergers and acquisitions. In addition, Ryan represents clients in federal, state, and appellate courts as well as in arbitrations, mediations, and government agency proceedings.
Ryan comes to Dorsey from Thompson Coburn LLP, where he was a partner. Ryan received his J.D. from University of Wisconsin Law School and his B.S. from the University of Kansas.
“Ryan is a great addition to our Labor & Employment team and growing Dallas office,” said Jack Sullivan, Labor and Employment Practice Group Leader for Dorsey. “He is committed to working closely with clients to find efficient and practical solutions to their employment law problems, while always considering the client’s values and business goals.”
“Dorsey boasts a top-tier national Labor & Employment practice,” said Ryan Gehbauer. “I am thrilled to join such a distinguished team and look forward to delivering exceptional results for our clients.”
About Dorsey & Whitney LLP
Clients have relied on Dorsey as a valued business partner since 1912. With locations across the United States and in Canada, Europe, and the Asia-Pacific region, Dorsey provides results-oriented, grounded counsel for its clients' legal and business needs. Dorsey represents a number of the world's most successful companies from a wide range of industries, including banking & financial institutions; development & infrastructure; energy & natural resources; food, beverage & agribusiness; healthcare & life sciences; and technology.
Ryan Gehbauer has joined Dorsey & Whitney LLP as a Partner in the Firm’s Labor & Employment group in Dallas.
NEW YORK (AP) — U.S. stocks are jolting higher Tuesday and recovering a chunk of their losses because of the war with Iran.
The S&P 500 leaped 2.3% and is heading toward its best day since the war began, a day after it fell more than 9% below its all-time high set early this year. The Dow Jones Industrial Average was up 841 points, or 1.9%, as of 12:59 p.m. Eastern time, and the Nasdaq composite was 3.2% higher.
The rebound came as movements for oil prices took some pressure off Wall Street. The price for a barrel of Brent crude oil, the international standard, fell 2.1% to $105.13. Benchmark U.S. crude fell 0.7% to $102.12.
Oil prices have been dictating the U.S. stock market’s sharp swings since the war began, with Brent shooting from roughly $70 per barrel to as high as $119 at times. The worry is that the war may last a long time and keep oil and natural gas from the Persian Gulf out of global markets, which could create a brutal blast of inflation.
Analysts said optimism entered markets overnight following a report from The Wall Street Journal saying President Donald Trump told aides he’s willing to end the U.S. military campaign against Iran even if the Strait of Hormuz remains largely closed. The strait is a narrow waterway connecting the Persian Gulf to the open ocean, and a fifth of the world’s oil sails through it on a typical day.
To get the strait open, Trump could try diplomatic talks with Iran and then push allies in Europe and the Gulf to take the lead, according to the report.
On his social media network, Trump on Tuesday urged the United Kingdom and other countries to “build up some delayed courage, go to the Strait, and just TAKE IT.”
Trump’s own words have become less impactful for financial markets, after he touted what he called productive talks over the last week, only to turn around and threaten the “obliteration” of Iranian power plants.
Of course, oil prices could quickly revert to a spike if tankers carrying crude can't get through the strait easily. Iran attacked a fully loaded Kuwaiti oil tanker in the Persian Gulf in the latest fighting that has shown few signs of lessening.
And oil prices have already shot high enough that inflation in Europe accelerated to 2.5% in March, up from February’s 1.9%.
In the United States, the price for a gallon of gasoline topped $4 per gallon for the first time since 2022. That’s squeezing budgets for U.S. households and preventing them from spending on other things. Worries about that and pressured profit margins for companies have the S&P 500 on track to close Tuesday with its worst quarterly loss in nearly four years.
That three-month performance would have been worse if not for Tuesday's slowdown for oil prices, which helped stocks of companies that have big fuel bills. Norwegian Cruise Line Holding steamed 4.5% higher, and Delta Air Lines climbed 4.3% to trim their losses for the year so far.
Tech stocks, meanwhile, were the strongest forces lifting the market. Marvell Technology climbed 11.4% after Nvidia invested $2 billion in the company and announced a partnership with it.
Nvidia rose 4.8% and was the single strongest force lifting the S&P 500.
Centessa Pharmaceuticals soared 44.9% after Eli Lilly said it was buying the company working on treatments for excessive daytime sleepiness and other neurological conditions. Lilly, which is paying up to $7.8 billion if certain conditions are met, rose 2.8%
They helped offset a 0.7% drop for McCormick. The spice company is buying most of Unilever’s food business, including such brands as Hellmann’s, for cash and stock valuing it at $44.8 billion.
In the bond market, Treasury yields eased again. The yield on the 10-year Treasury fell to 4.30% from 4.35% late Monday and from 4.44% at the end of last week. That’s a significant move for the bond market.
Lower yields should pull downward on rates for mortgages and other loans for U.S. households and businesses, which have been screaming higher since the war began. The yield on the 10-year Treasury was at just 3.97% in late February, before worries about high oil prices pushed traders to erase bets for cuts to interest rates by the Federal Reserve this year.
Yields remained lower following a couple reports Tuesday on the U.S. economy that came in better than economists expected. One said confidence among U.S. consumers unexpectedly improved. The other said U.S. employers were advertising more job openings at the end of February than expected, though fewer than the month before.
In stock markets abroad, indexes rose in Europe following a tougher finish in Asia. South Korea’s Kospi fell 4.3%, and Japan’s Nikkei 225 lost 1.6% for two of the bigger moves.
AP Business Writers Chan Ho-him and Matt Ott contributed.
Philip Finale works on the floor at the New York Stock Exchange in New York, Tuesday, March 31, 2026. (AP Photo/Seth Wenig)
Bobby Charmak works on the floor at the New York Stock Exchange in New York, Monday, March 30, 2026. (AP Photo/Seth Wenig)
James Denaro works on the floor at the New York Stock Exchange in New York, Monday, March 30, 2026. (AP Photo/Seth Wenig)
Christopher Lagana works on the floor at the New York Stock Exchange in New York, Monday, March 30, 2026. (AP Photo/Seth Wenig)
FILE - Liberia-flagged tanker Shenlong Suezmax, carrying crude oil from Saudi Arabia, that arrived clearing the Strait of Hormuz, is seen at the Mumbai Port in Mumbai, India, Thursday, March 12, 2026. (AP Photo/Rafiq Maqbool, file)
A currency trader reacts near a screen showing international oil prices at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, March 31, 2026. (AP Photo/Ahn Young-joon)
Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI), top center, and the foreign exchange rate between U.S. dollar and South Korean won, top center left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, March 31, 2026. (AP Photo/Ahn Young-joon)
Currency traders work near a screen showing the Korea Composite Stock Price Index (KOSPI), top right, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, March 31, 2026. (AP Photo/Ahn Young-joon)
A currency trader talks on the phone near a screen showing the Korea Composite Stock Price Index (KOSPI), top center, and the foreign exchange rate between U.S. dollar and South Korean won, top center left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, March 31, 2026. (AP Photo/Ahn Young-joon)
