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The Latest Breaking News from SEC

Tesla, Twitter shares drop as Elon Musk's legal issues grow

Shares of Tesla and Twitter have tumbled this week

The Independent UK

Which Chinese Firms Face Delisting From US Stock Exchanges?

Geopolitical tensions between China and the US have escalated in recent years amid efforts by both countries to become the world’s economic powerhouse.

Benzinga

Edinburgh Council negotiations continue as parties call for Labour clarity

One week on from the election, parties have called on Labour to clarify if they're ruling out a new deal with the SNP so talks can progress - whilst one Labour insider accused the SNP and Greens of "holding stuff up" by not making their intentions clear.

Edinburgh Live

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Raiders RB Josh Jacobs named team’s most underrated player by PFF

Who is the most underrated player on the roster for the Las Vegas Raiders?

USA Today Sports Media Group

Inside SoftBank’s side letter with Better CEO Vishal Garg

Documents show that Garg put his own personal fortune on the line and could face uncapped losses.

Fortune

Morning Brief: Top Financial Stories Dominating on Thursday, May 12

CNBC Instacart Confidentially Files For US IPO

Benzinga

Instacart Confidentially Files For US IPO

Grocery delivery platform Instacart has confidentially submitted a draft registration statement on Form S-1 with the U.S. SEC. The company was valued at $39 billion in March 2021, but the valuation got slashed by 40% to $24 billion due to technology stocks’ sell off in 2022, CNBC reported. The company got a major boost during…

Benzinga

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J. Brady McCollough: Pac-12 and others must create their own NIL rules if NCAA won’t do its job

In late April, USC was accused by Pittsburgh coach Pat Narduzzi of tampering with star wide receiver Jordan Addison, using name, image and likeness deals in an attempt to lure the player to Los Angeles before he had even entered his name in the transfer portal.

Los Angeles Times

SEC Is Already Investigating Terra's Stablecoin UST: Report

The Securities and Exchange Commission (SEC) is already investigating this week’s events concerning Terra (CRYPTO: LUNA) and TerraUSD (CRYPTO: UST), according to a report from

Benzinga

Auburn Tigers Preview 2022: Season Prediction, Breakdown, Key Games, Players

Auburn College Football Preview 2022: Team breakdown, season prediction, keys to the campaign, and what you need to know

USA Today Sports Media Group

Elon Musk Said To Face Federal Probe Over Violating Rules In Disclosure Of Twitter Stake

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk is facing a federal probe over missing a key deadline last month to disclose a sizable stake in Twitter Inc (NYSE: TWTR), the microblogging site tha

Benzinga

Addressing revenue gap is ‘top of mind’ for ACC, but disparity will only grow larger

FERNADINA BEACH, Fla.— Throughout the late 2000s and early 2010s, officials within the ACC constantly fought rumors and speculation about the conference’s demise. Every few months, it seemed, brought another account of Florida State and Clemson’s impending defection for the Big 12 and then, in late 2012, Maryland announced that…

Tribune News Service

Why Did Moderna CFO Exit Just A Day After Taking Charge

Moderna Inc (NASDAQ:MRNA) announced that its recently appointed Chief Financial Officer, Jorge Gomez, has departed the company, effective immediately. The announcement follows the public disclosure by Gomez's former employer, Dentsply Sirona Inc (NASDAQ:XRAY), of an ongoing internal investigation into some issues, including financial reporting. The audit investigates Dentsply Sirona's "use of incentives to sell products to…

Benzinga

Elon Musk, an erratic visionary, revels in contradiction

Many people are puzzling what a Elon Musk takeover of Twitter would mean for the company and even whether he’ll go through with the deal

The Independent UK

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Benzinga

Morning Brief: Top Financial Stories Dominating on Wednesday, May 11

Reuters

Benzinga

SEC's Gensler Criticized Cryptocurrency Exchanges For Trading Against Customers

On Tuesday, Gary Gensler, chairman of the U.S. Securities and Exchange Commission, reiterated that most digital assets fall under his agency’s purview and that venues trading them should register with the regulator. He also stated that the SEC is stepping up its enforcement activities.

Benzinga

Coinbase CEO Armstrong Clarifies New Disclosure Does Not Mean Bankruptcy Risk

Coinbase Global Inc (NASDAQ:COIN) chief executive stated that the disclosure in its latest quarterly filing did not indicate the cryptocurrency exchange operator faced a bankruptcy risk, and it had been made to meet SEC requirements, Reuters reported. Related: Coinbase Sees Crypto Trading Volume Declines 44% In Q1 The company's 10-K on page 83 stated that…

Benzinga

Germany's Allianz Sets Aside Additional $2B For Fund Fiasco: Reuters

Allianz SE (OTC:ALIZY) said it would set aside another €1.9 billion ($2 billion) as it braces for the outcome of U.S. regulatory investigations into a multibillion-dollar trading debacle at its fund's arm. The collapse of a $15 billion set of investment funds during the pandemic market turmoil in early 2020 has cast a…

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news in one place.

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USA Today Sports Media Group

Arkansas Razorbacks Preview 2022: Season Prediction, Breakdown, Key Games, Players

Arkansas College Football Preview 2022: Team breakdown, season prediction, keys to the campaign, and what you need to know

Ballotpedia

Economy and Society: ESG Task Force issues first enforcement action

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

Daily Record

Get your pinny on, roll up your sleeves and get baking for veterans as celeb chef Rosemary Shrager judges competition

She tells amateur bakers: "Presentation is everything and it has to look appetising as well as beautiful"

Benzinga

Why Illumina Shares Are Plunging Today?

A jury in the U.S. District Court for the District of Delaware rendered a verdict that Illumina Inc (NASDAQ:ILMN) willfully infringed the U.S. Patent Nos. 9,222,132 and 10,662,473 owned by Complete Genomics Inc. The jury awarded approximately $334 million to CGI in past damages. The jury also invalidated three patents owned by Illumina, namely, U.S.…

Benzinga

The Week Ahead In Biotech (May 8-14): Bausch Health Headlines Smid-Cap Earnings, Veru's Pre-EUA Meeting, Conference Presentations And More

Biotech stocks declined yet again in the week ending May 6, dragged lower by macroeconomic concerns following the Federal Reserve's 50-basis-point rate hike. The iShares Biotechnology ETF (NASDAQ: IBB), considered a proxy for the sector, shed close to 3 percent during the week.

Daily Mirror

Elon Musk shares cryptic tweet about 'dying in mysterious circumstances'

The world's richest man, who last month secured a deal to acquire Twitter for $44 billion tweeted: 'If I die under mysterious circumstances, it's been nice knowin ya'

USA Today Sports Media Group

College Football Rankings 2022 Spring: What To Know About All 131 Teams

College Football Rankings - 2022 post-spring version with one thing to know about all 131 teams.

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