Chip industry groups slam expected rules in private letter to Biden
By Stephen Nellis (Reuters) – A half-dozen trade groups from the semiconductor and manufacturing industries sent a private letter to U.S. President Joe Biden complaining that new export controls expected this week were rushed through without consulting them. The Biden administration on
US stock futures drift higher with CPI data, earnings on tap
Investing.com– U.S. stock index futures rose slightly on Tuesday evening as caution grew ahead of key consumer inflation data that is likely to factor into the Federal Reserve’s outlook on interest rates. Futures were muted after a choppy session on Wall
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