Allianz Global Investors U.S. to Pay $6 Billion to Settle Fraud Charges
Allianz Global Investors U.S. (AGI US) agreed to settle the civil and criminal charges filed by the Securities and Exchange Commission (SEC) and the...
TikTok-Oracle deal originally directed by Trump may be happening
The TikTok-Oracle deal requires hosting U.S. users' information without giving its Chinese parent ByteDance access is finally agreed upon. The agreement comes over two...
Trump-linked SPAC Truth Social soars over 400% on opening day
Wednesday night, former President Donald Trump announced his new social media network. Trump says Truth Social will “stand up to the tyranny of Big...
Hertz invests big in electric vehicle rental fleet; orders 100K Tesla EVs
Hertz Corporation is ordering 100,000 electric vehicles (EVs) from Tesla Inc (NASDAQ: TSLA) by the end of 2022 and new EV charging infrastructure across...
SEC Charges Entities Behind A Nearly $450 million Ponzi Scheme
The Securities and Exchange Commission (SEC) filed a lawsuit against individuals and companies responsible for the nearly $50 million Ponzi scheme involving purported personal...
Warren Buffett “all-in” on Microsoft Activision Blizzard Deal
Warren Buffett, CEO of Berkshire Hathaway has become ultra-wealthy because he is perhaps the most successful investor of all time. And the market is...
Tether to pay $41 million penalty over false claims about USDT stablecoin
The Commodity Futures Trading Commission (CFTC) ordered Tether to pay a civil monetary penalty of $41 million for making false or misleading statements and...
Robinhood (HOOD) falls 27.59% after shareholders disclose to sell 97.9M shares
The stock price of Robinhood Markets (NASDAQ: HOOD) dropped significantly on Thursday after its existing shareholders disclosed that they are selling 97.9 million shares.
The...
Music streaming company Akazoo to pay $38.8 million to settle fraud charges
Akazoo S.A., a purpoted music streaming company based in Greece, agreed to pay $38.8 million to settle a lawsuit filed by the U.S. Securities...
GTV, Saraca, and Voice of Guo media companies to pay $539M to settle SEC...
The Securities and Exchange Commission (SEC) announced that the three media companies facing charges for conducting illegal securities offerings agreed to settle.
GTV Media Group...
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Federal Aviation Administration Now Blamed For Air Travel Issues
Air travel problems that impede flights' abilities to proceed as planned have been a major hardship as of late. This is especially an issue...
