Text size Wachiwit / Dreamstime The Securities and Exchange Commission is investigating Robinhood’s options practices and its decision to restrict the trading of certain shares at the height of the GameStop mania …
Read More »Adam Neumann, Co-Founder of WeWork, Approaches a Deal with SoftBank
Co-founder and former WeWork CEO Adam Neumann is in advanced talks to resolve a high-profile legal dispute with SoftBank Group Corp. by accepting a nearly $ 500 million cut in his payment …
Read More »SEC sues Morningstar, alleging undisclosed changes in bond ratings
Morningstar Inc. allowed credit rating analysts to adjust financial models that resulted in better terms for bond issuers and, in some cases, less interest income for investors, the Securities and Exchange Commission …
Read More »My Phony Valentine: Covid drives romance scams
Love is a mystery. And in the era of Covid-19, it is increasingly a fraud. Romance scams, in which scammers pretend to be a love interest to scam unpretentious partners, have emerged …
Read More »Supreme Court clears way for extradition of two Americans accused in Ghosn’s escape
The extradition of two Americans accused of helping to get former auto titan Carlos Ghosn out of Japan appears imminent, after the US Supreme Court rejected the couple’s latest legal appeal on …
Read More »The Boeing CEO said the board moved quickly on MAX safety; New details Suggest otherwise
When the Boeing Co. board of directors had its first formal meeting about seven weeks after the initial 737 MAX crash in late 2018, directors did not have in-depth discussions about the …
Read More »Facebook meets Apple in Clash of the Tech Titans: ‘We need to inflict pain’
Facebook Inc. CEO Mark Zuckerberg has complained for years that Apple Inc. and its leader, Tim Cook, have too much influence over the social media giant’s business. In 2018, his anger boiled …
Read More »GameStop Mania is the focus of federal investigations into possible manipulation
WASHINGTON – Federal prosecutors and regulators are investigating whether market manipulation or other types of misconduct fueled last month’s rapid rise in prices for stocks such as GameStop Corp. and AMC Entertainment …
Read More »Tencent executive held by China over ties to corruption case
An executive at Tencent Holdings Ltd., China’s most valuable publicly traded company, has been detained by Chinese authorities as part of an investigation into a high-profile corruption case involving one of the …
Read More »McKinsey agrees for $ 573 million settlement on opioid advice
Consulting giant McKinsey & Co. has signed a $ 573 million deal over its work advising Oxycopt manufacturer Purdue Pharma LP and other drug makers to aggressively market painkillers, according to people …
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