Business and Finance

Today is the final day for the trading industry and investors to submit comments on one of Securities and Exchange Commission Chair Gary Gensler’s most controversial proposals: a partial overhaul of the U.S. trading system. The package is so complex and potentially far-reaching that Gensler has broken them into four separate proposals. Two of them have …

Wall Street lines up against Gensler on one of his controversial ideas Read More »

A photo of Jeffrey Epstein released by the US Department of Justice. Source: United States Department of Justice Google founder Sergey Brin, former disney director Michael Ovitz, Hyatt Hotels Executive Chairman Thomas Pritzker and a fourth billionaire, real estate investor Mort Zuckerman, will be subpoenaed in a lawsuit against JPMorgan Chase by the government of …

Google founder and former Disney executive to get subpoenas Read More »

L’équipage de Virgin Orbit pose lors de la cérémonie d’ouverture de la cloche alors qu’un modèle de fusée de 70 pieds avec satellites est placé devant le NASDAQ à Times Square de New York, États-Unis, le 7 janvier 2022. Tayfun Coskun | Agence Anadolu | Getty Images Il n’y a pas si longtemps, Orbite vierge …

Qu’est-ce qui n’allait pas avec l’entreprise de Richard Branson Read More »

The S & P 500 concluded a topsy-turvy — yet winning — first quarter of 2023 on Friday, overcoming a shock to the U.S. banking system in March to rise around 7%. The tech-heavy Nasdaq Composite proved to be the real standout, soaring nearly 17 % . The 30-stock Dow Jones Industrial Average , meanwhile, …

First quarter 2023 best and worst stocks Investing Club Read More »

People shop at Pioneer supermarkets on January 12, 2023 in the Flatbush neighborhood of the Brooklyn borough of New York. Michael M. Santiago | Getty Images There is one group of people who are disproportionately affected by high inflation: women. The incessant rise in prices is doubly harmful to women. First, an increase in child …

How inflation disproportionately hurts women Read More »

San Francisco Fed President Mary Daly, whose district suffered the second-largest bank failure in U.S. history and became the target of criticism, would generally not have been a key player in oversight of Silicon Valley Bank, several former and current Fed officials told CNBC. . A highly centralized design of Fed oversight of large banks …

San Francisco Fed chief Daly likely not a major player in SVB saga, officials say Read More »

Randi Braun didn’t realize she was exhausted until it almost killed her. One afternoon while driving home to Washington, D.C., Braun fell asleep at the wheel and crossed six lanes of traffic at one of the city’s busiest intersections, narrowly missing a pedestrian in the crosswalk. Miraculously, no one was hurt. It was June 2020, …

How Women Are Redefining Ambition to Build Happier, More Successful Careers Read More »

A Delaware judge ruled Friday that Dominion Voting’s $1.6 billion libel lawsuit against Fox Corp. and his networks could go on trial in April. Delaware Superior Court Judge Eric Davis rejected Fox’s arguments that he should bypass a lawsuit because he is protected by the First Amendment. The judge granted some of the voting machine …

Fox’s motions denied, Dominion lawsuit can go to trial Read More »

Nikola Motor Company Source: Nikola Motor Co. Manufacturer of electric trucks Nicholas said its planned $100 million secondary stock offering, announced Thursday after U.S. markets closed, is priced at $1.12 per share — 20% below Thursday’s closing share price. $1.40. Shares of Nikola closed Friday at $1.21, down more than 13%. Even with the discount, …

Sale of Nikola NKLA shares at a price below the market Read More »

The Biden administration on Friday appealed a Texas federal judge’s decision to reverse Obamacare’s free coverage of preventive health care services ranging from screening for certain cancers and diabetes to HIV prevention drugs. U.S. Judge Reed O’Connor of the U.S. Court for the Northern District of Texas on Thursday struck down an Obamacare mandate requiring …

Biden appeals decision overturning free preventive care Read More »