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Activist Trian Fund sets its sights on Comcast, says company’s stock “undervalued”
Activist Trian Fund Management LP has purchased a $900 million or 0.4% stake in media giant Comcast Corporation (NASDAQ: CMCSA), betting that the company’s stock is undervalued and various operational…
By Colby McCoyLatest news
Tesla shares tumble following Musk comments on upcoming Battery Day
Tesla (NASDAQ: TSLA) shares plummeted Tuesday after the company CEO Elon Musk announced that the upcoming Battery Day…
By Colby McCoySEC Ends Ponzi Scheme Targeting U.S. Military Service Members
The Securities and Exchange Commission (SEC) halted a Ponzi scheme perpetrated by a Colorado man defrauding investors including…
By Marivic Cabural SummersCalifornia halts new Pandemic Unemployment Assistance claims following massive fraud allegations
California has halted new Pandemic Unemployment Assistance (PUA) claims for the next two weeks following allegations of widespread…
By Colby McCoyDeutsche Bank tops list of financial institutions that facilitated suspicious transactions
Deutsche Bank (NYSE: DB) is facing another scandal involving the flow of suspicious funds or dirty money amounting…
By Marivic Cabural SummersHomeland Security CISA unit tells federal agencies to fix Zerologon bug
The Department of Homeland Security (DHS) Cybersecurity and Infrastructure Security Agency (CISA) issued an emergency alert requiring all…
By Jackie AllenCalifornia EDD suspends new unemployment applications for 2 weeks to address fraud, backlog
The California Employment Development Department (EDD) is suspending new applications for unemployment benefits to address its existing backlog…
By Marivic Cabural SummersUS Judge blocks Commerce Department order to remove WeChat from app stores
San Francisco’s U.S. Magistrate Judge Laurel Beeler blocked a recent Department of Commerce order requiring Apple Inc (NASDAQ:…
By Colby McCoyApple ends credit-card partnership with Barclays in an effort to grow Apple Card customers
Apple, Inc. (NASDAQ: AAPL) on Tuesday ended its credit-card partnership with Barclays, Plc. (NYSE: BCS). The move was…
By Jackie AllenApple accused of copyright infringement of diverse emojis by CCI CEO Katrina Parrott
Apple, Inc. (NASDAQ: AAPL) is facing a copyright infringement lawsuit filed by Cub Club Investment, LLC. (CCI), owned…
By Jackie AllenH&M dumps Chinese supplier following allegations of forced Uyghur labor
Swedish powerhouse fashion brand H&M has ended its “indirect” relationship with Chinese cotton supplier Huafu Fashion Co., LTD.…
By Colby McCoy
