SEC sues Elon Muskover Twitter stake disclosure
Investing.com– The Securities and Exchange Commission sued Tesla (NASDAQ:TSLA) CEO Elon Musk in federal court on Tuesday over alleged violations of securities law when taking a substantial stake in Twitter. The SEC claimed that Musk did not disclose a major purchase
US SEC sues Elon Musk over late disclosure of Twitter stake
(Reuters) -Elon Musk was sued on Tuesday by the U.S. Securities and Exchange Commission for having failed to timely disclose purchasing more than 5% of Twitter’s common stock in March 2022. In a complaint filed in Washington, D.C., federal court, the
Warner Bros Discovery adds SoFi CEO, outgoing IAC chief executive to board
(Reuters) – Warner Bros Discovery (NASDAQ:WBD) has appointed Anthony Noto, CEO of fintech giant SoFi (NASDAQ:SOFI), and Joey Levin, the outgoing chief executive of IAC, to its board, the company said on Tuesday. The media giant is undergoing a restructuring to
Biogen CEO sees no burning need for more acquisitions
By Deena Beasley SAN FRANCISCO (Reuters) – Biogen (NASDAQ:BIIB) expects revenue from new launches to exceed its current sales by 2028 and does not feel the need to chase additional business development deals, the company’s CEO said. “The view out there
Bond yields dip, S&P 500 ends up; CPI, earnings ahead
By Caroline Valetkevitch NEW YORK (Reuters) -U.S. Treasury yields dipped while the S&P 500 ended slightly higher on Tuesday after data showed U.S. producer prices rose less than expected in December, but investors remained cautious ahead of U.S. consumer price data