News
SEC To Host Second Annual Conference on Emerging Trends in Asset Management
The Securities and Exchange Commission (SEC) is setting out its stall to host the second annual Emerging Trends in Asset Management conference. The government regulator’s Division of Investment Management will...
Johnson & Johnson acquisitions hit close to $15bn
April witnessed a flurry of high-profile acquisitions by Johnson & Johnson, the healthcare behemoth. These strategic moves, amounting to nearly $15 bn, spanned across the medical care and consumer healthcare...
Tesla cuts global prices after week of crisis
Electric automotive manufacturer Tesla has cut prices of its vehicles globally after a historic week of lows. The car company, owned by Elon Musk, has not only cut prices domestically...
Paramount stock prices soar as Sony joint buyout edges closer
Paramount, the globally recognized name in film and TV, watched stock prices rise as Apollo Global Management and Sony Entertainment buyout moved closer. The stock jumped as much as 15%...
Man Faces $70M Medicare Fraud Scheme Charges
A Mississippi man has been charged with multiple offenses relating to $70 million Medicare fraud by the Justice Department. An indictment was unsealed in Tampa last week for Joel Rufus...
United Airlines records $200m hit from Boeing grounding
United Airlines’ First-Quarter 2024 Financial Results show the impact of the Boeing 737 MAX 9 grounding. The financial report is a stark look at the way the commercial aviation provider...
SEC hits investment advisors for violation of marketing rules
The Securities and Exchange Commission (SEC) has cracked down on five registered investment advisers. The SEC imposed fines on five entities for violating marketing rules in what would be the...
Stubhub looks ahead to the summer for initial public offering
Stubhub is looking to the summer to float the idea of an initial public offering (IPO) to the tune of $16.5bn. The digital ticketing service has been working with banking...
Denver inflation hits below the national rate
Denver has announced that the state’s rate of inflation has hit its lowest in three years. The news means the Mile-High City’s inflation has hit under 3% and well below...
Major betting operator ensures that tribal parties are respected
FanDuel has made campaign assurances to the one hundred tribes that call the Golden State home. Speaking at the Indian Gaming Tradeshow & Convention in Anaheim, California FanDuel Chief Executive...
SEC: What does your financial future look like?
The Securities and Exchange Commission’s (SEC) theme for April’s National Financial Capability Month has been revealed. The SEC is asking Americans “What does your financial future look like? Having a...
Deputy Secretary of the Treasury speaks on multiple banking matters
Deputy Secretary of the Treasury Wally Adeyemo gave the Senate Banking Committee an update on Banking, Housing, and Urban Affairs. Adeyemo has been a vocal advocate of increasing the regulatory...
US Postal Service proposes increase for key services in 2024
The United States Postal Service has proposed several rate changes that could come into effect in summer 2024. These rate increases include the raising of a first-class stamp from 68...
Man finds small MTG memorabilia fortune in Grandpa’s old junk
A man has found a small fortune in memorabilia and trading cards after an elderly relative let him dig through ‘his old junk’. Attics and the boxes that remain untouched...
Trump Media Execs Take Home Windfall Whist Share Price halved
Tump Media Executives are receiving massive financial gains despite a continuously falling share price for the company’s stock. The corporate Securities and Exchange Committee (SEC) filings posted this month show...