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Nikola (NASDAQ: NKLA) continues to be embroiled in controversy.  The electric vehicle manufacturer’s founder and former executive chairman Trevor…

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…

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…

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…

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…

Tesla inks five-year sales deal with Piedmont Lithium Limited

Tesla (NASDAQ: TSLA) signed a five-year, fixed-price binding sales agreement with Piedmont Lithium Limited (NASDAQ: PLL). The companies…

What Is A Zombie Company And Why You Need To Avoid It

As the COVID-19 pandemic continues to decimate many businesses across the nation, zombie companies have become a very…

Former Amazon finance manager Laksha Bohra charged with insider trading 

Laksha Bohra, a former finance manager at Amazon, Inc. (NASDAQ: AMZN) has been charged with insider trading by…

ENTITY Academy collaborates with UCLA Extension on writer’s collective

Entity Academy collaborated with UCLA to offer digital career training through its three-week Writer’s Collective In-Virtual-Life program, according…

Bain Capital-led chip maker Kioxia pulls plug on $16B IPO due to US-China tech war

Kioxia Holdings called off plans to launch one of the biggest initial public offerings (IPOs) of the year.  The…