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The Latest Breaking News from SEC

Anas Sarwar accused of 'acts of betrayal' over 'dirty deals' with Tories

ANAS Sarwar has been accused of “unpardonable acts of betrayal” over claims his party has done deals with Tory council groups across Scotland.

The National (Scotland)

Jharkhand: Stage set for second phase of panchayat polls today

RANCHI: The second phase of three-tier panchayat elections will be held in the state on Thursday as the poll-bound districts dispatched teams to booths on Wednesday amid tight security.

The Times of India

Bad Day in Court for the Administrative State

Fifth Circuit panel finds several constitutional problems with the Securities and Exchange Commission

Reason

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6 Stocks Halted In Wednesday's Session: Here's Why

A circuit breaker is an automatic, temporary trading halt on certain securities when the underlying stock is experiencing times of high volatility. It is a measure put in place to help restore and bring order to the markets.

Benzinga

Jeff Bezos Increases His Bet On The Single-Family Housing Market

The billionaire founder of Amazon.com, Inc. (NASDAQ: AMZN) Jeff Bezos just made his second investment in the real estate investment platform Arrived Homes during the company's $25 million Series A round.

Benzinga

Twitter Gives Its Version Of Events: Elon Musk Didn't Carry Out Due Diligence In Rush To Grab $44B Deal

Details surrounding Elon Musk's deal to take Twitter, Inc. (NYSE: TWTR) private are getting murkier each passing day. A new SEC filing by the social media platform to highlight its version of events suggests Musk jumped the gun in his quest to quickly lap up the company.

Benzinga

German Insurer Allianz Agrees To $6B Fraud Settlement With US Authorities

German insurer Allianz SE (OTC:ALIZY) has agreed to a $6 billion settlement with U.S. authorities, the Financial Times reports. Allianz's investment arm will plead guilty to securities fraud after a scandal at its funds business left investors nursing billions of dollars worth of losses. The victims included teachers, clergy, bus drivers, and engineers,…

Benzinga

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TechScape: How Musk and crypto bros get away with it

In this week’s newsletter: Just like Donald Trump’s political rise, Tesla’s CEO and firms like Tether win by simply not playing by the same rules as everyone else

The Guardian - UK

UST collapse hits digital asset market

The global cryptocurrency market saw its value plummet amid heavy sell-offs, with the collapse of TerraUSD (UST), one of the biggest stablecoins, sending shockwaves throughout the digital asset market.

Bangkok Post

Elon Musk goes full chaos mode with Twitter takeover stuck in limbo

Musk is making every excuse known to man in the most performative way possible.

Input

All the twists and turns in the Musk-Twitter takeover saga

A full breakdown of Musk's remarks, tweets, discussions and dealings in his quest to buy Twitter.

Axios

ABC Announces Six 2022 College Football Primetime Games

The first two primetime games will take place on Saturday, Sept. 3.

Sports Illustrated

Scottish Labour leak confirms 'flexibility' over council deals with rival parties despite coalition ban

EXCLUSIVE: Anas Sarwar promised no coalitions with the SNP or the Tories in town halls during the campaign, but an internal document reveals scope for other types of arrangement.

Daily Record

Elon Musk says Twitter deal "cannot move forward" unless spam questions are answered

Wall Street already believed Musk is trying to back out of the deal.

Axios

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Ballotpedia

Checks and Balances: Tennessee lawmakers end judicial deference

The Checks and Balances Letter delivers news and information from Ballotpedia’s Administrative State Project, including pivotal actions at the federal and state levels related to the separation of powers, due process, and the rule of law.

Tribune News Service

In football-first world of college athletics, where does that leave ACC basketball?

FERNANDINA BEACH, Fla. — Almost five months after he became the fifth commissioner in ACC history, Jim Phillips stood in front of a crowded hotel banquet room in Charlotte and emphasized the single priority most critical to the league’s future. It was Phillips’ first major public appearance in his new…

Input

Trump isn't allowed to post content unless it's hit Truth Social first

Not that he has access to any other social media right now, anyway.

Benzinga

Why Are Akebia Therapeutics Shares Falling Today?

Akebia Therapeutics Inc (NASDAQ:AKBA) and Otsuka Holdings (OTC: OTSKY) separately announced to call for licensing and co-development agreement for vadadustat. Otsuka sent a written notice to Akebia on May 12 that the partnership had been terminated. Akebia said in an SEC filing filed Friday that the termination will go into effect in a year.…

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Benzinga

Trump SPAC Deal Finally Files A Proxy: 10 Key Details We Now Know

Seven months after announcing a SPAC merger, a social media company owned by former President Donald Trump has filed its proxy. Here are the key details from the more than 250 pages contained in the proxy filing.

Tribune News Service

Miami native Deandre Johnson looks to take advantage of consecutive opportunities with UM, Dolphins

MIAMI — More than a year ago, Deandre Johnson got the opportunity to return home to Miami to play one final college season with the Hurricanes. Now, he gets his first crack at making an NFL roster with his hometown Dolphins.

USA Today Sports Media Group

Former UGA football WR Matt Landers announces transfer destination

Former Georgia and Toledo football wide receiver Matt Landers has transferred for a second consecutive offseason.

The Times of India

Karnataka HC to hear SEC plea over zilla panchayat elections on May 17

BENGALURU: The Karnataka high court will hear on May 17 a plea by the Karnataka State Election Commission about holding Zilla Panchayat and Taluk Panchayat elections.

Benzinga

George Soros' Fund Buys Up Nio And This US EV Stock, While Selling Entire Stake In These 2 Companies

Billionaire investor George Soros' Soros Fund Management has worked around with its electric vehicle portfolio in the first quarter, according to a 13F filing submitted to the SEC on Friday.

Benzinga

Luckin 2.0? Freefalling Cloopen Flags Potential Irregularities, Spooking Investors

Key takeaways: • Cloopen said it formed an independent special committee to look into employee misconduct and transaction irregularities discovered by auditor KPMG

Benzinga

'You Are A Coward:' Dave Portnoy Calls Out Henry Blodget On Twitter Space

Dave Portnoy is known for his fiery personality on social media; if he is in an online feud, do not expect him to back down.

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