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Friday, April 26, 2024
Alibaba to buy Cainiao stake for $3.75 billion

Alibaba to buy Cainiao stake for $3.75 billion

In a surprising turn of events, Alibaba Group Holding Ltd. has shifted gears, scrapping its initial public offering plans for Cainiao Smart Logistics Network...
Wells Fargo Denies Liability

Wells Fargo Denies Liability Amid Fraud Lawsuit Drama

In a gripping legal battle, Wells Fargo, one of the largest banking institutions, fervently denies any wrongdoing in a lawsuit that alleges its complicity...
2nd Circuit Gender Bias Revival

2nd Circuit Gender Bias Revival Breathes New Life into Discrimination Lawsuit

In a groundbreaking decision on Tuesday, the Second Circuit Court of Appeals breathed new life into a sex bias lawsuit against supermarket chain Price...
Aristas founder agrees to $1M SEC penalty

Arista’s founder agrees to $1M SEC penalty

In a stunning turn of events, Andreas "Andy" Bechtolsheim, the billionaire founder of Arista Networks Inc., has agreed to pay a hefty fine of...
Vet Home Leader Resolves Landmark COVID-19 Case

Vet Home Leader Resolves Landmark COVID-19 Case

In a groundbreaking development, the former leader of a Massachusetts veterans facility, embroiled in the first pandemic-related criminal neglect case against a nursing home...
Enbridge $350M Into Natural Gas Joint Venture

Enbridge $350M Into Natural Gas Joint Venture

Enbridge Inc., along with WhiteWater/I Squared Capital and MPLX LP, unveiled plans on Tuesday to forge a formidable alliance, pooling resources to foster the...
US EV Subsidies Discriminatory

US EV Subsidies Face Allegations of Discrimination

In a bold move that could escalate tensions between economic giants, the Chinese Ministry of Commerce has accused the United States of discriminatory practices...
Carrefour Buying €365M Of Its Shares From Store Owner

Carrefour Buying €365M Of Its Shares From Store Owner

In a strategic maneuver set to reshape its share landscape, hypermarket behemoth Carrefour announced Tuesday its plan to repurchase nearly 3.5% of its share...
KuCoin and Founders Face US Prosecution

KuCoin and Founders Face US Prosecution

Manhattan federal prosecutors have dropped a legal bombshell, unveiling an indictment charging foreign cryptocurrency exchange KuCoin and its two China-based founders with grave accusations....
Ken Paxton reaches deal to end securities fraud charges

Ken Paxton reaches deal to end securities fraud charges

In a dramatic turn of events, Texas Attorney General Ken Paxton has reached an agreement with state prosecutors to terminate a nearly decade-long securities...

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Crypto Co. DCG Appoints First Legal Chief Amid Legal Battles

Crypto Co. DCG Appoints First Legal Chief Amid Legal Battles

Digital Currency Group Enhances Legal Team with Strategic Hire In a strategic move during a tumultuous period for cryptocurrency markets, Digital Currency Group (DCG) announced...