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Business October 2, 2020

BitMEX owners sued for operating the cryptocurrency trading platform illegally

BitMEX owners Arthur Hayes, Ben Delo, and Samuel Reed are facing a complaint filed by the Commodity Futures Trading Commission (CFTC) alleging that they are illegally operating the unregistered cryptocurrency…

By – Marivic Cabural Summers
Latest news
Business October 1, 2020
SCAM ALERT: Eastern Metal Securities (EMS) is an online fraud targeting deaf community

The Securities and Exchange Commission (SEC) filed charges against Roger Nils-Jonas Karlsson for operating Eastern Metal Securities (EMS), a…

By Jackie Allen
Business October 1, 2020
Stock Watch: Bed Bath & Beyond (BBBY) Jump on Strong Earnings

The shares of Bed Bath & Beyond (NASDAQ: BBBY) jumped significantly after reporting better-than-expected financial performance in the…

By Sean Corliss
Business October 1, 2020
Playboy Going Public Again After SPAC Deal

Playboy Enterprises, Inc. is hoping to arouse investors in a new way in the not too distant future.…

By Sean Corliss
Business October 1, 2020
Gov. Newsom rejects bill authorizing $600 aid to low-income Californians, immigrants

California Governor Gavin Newsom vetoed a bill that would authorize the state to provide $600 in emergency food…

By Marivic Cabural Summers
Business October 1, 2020
Kik loses legal battle against SEC over its $100 million ICO

Kik Interactive, the Canada-based owner and operator of mobile messaging app called Kik Messenger, was defeated in its…

By Marivic Cabural Summers
Business September 30, 2020
This Man Is Warren Buffett’s Hero and He Should Be Yours Too

In the world of finance, very few people are more well-known and respected than Warren Buffett. The Oracle…

By Sean Corliss
Business September 30, 2020
SEC charges Lewis Wallach, ex-CEO of Professional Financial Investors with operating a Ponzi scheme

Lewis Wallach, the former chief executive of Professional Financial Investors, Inc. (PFI) has been charged with operating a…

By Marivic Cabural Summers
Business September 30, 2020
U.S. Regulators order JPMorgan to pay $920M for manipulating precious metals, Treasury securities markets

JPMorgan Chase & Co. (NYSE: JPM) and its subsidiaries agreed to the order of U.S. regulators requiring it…

By Marivic Cabural Summers
Business September 30, 2020
J.P. Morgan Securities to pay $35 million for engaging in fraudulent manipulative trading

J.P. Morgan Securities agreed to resolve allegations by the Securities and Exchange Commission (SEC) alleging that it engaged…

By Marivic Cabural Summers
Business September 29, 2020
Disney to lay off 28,000 employees as COVID-19 pandemic continues to hurt its theme parks

The Walt Disney Company (NYSE: DIS) made a “heartbreaking” and “difficult” decision to layoff 28,000 employees as the…

By Marivic Cabural Summers

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