Tag: U.S. Securities and Exchange Commission
Late taxes another troubling sign for electric truck startup
CLEVELAND — The failure of an Ohio-based electric truck startup to pay $570,000 in real estate taxes due in early March is yet another...
EXPLAINER: Charmed by Madoff, SEC later tightened its rules
WASHINGTON — Until Bernie Madoff’s scheme came crashing down and the biggest Ponzi scheme in Wall Street’s history came to light, he appeared as...
Senate OKs tough former regulator as market watchdog chief
WASHINGTON — The Senate has approved President Joe Biden’s choice of Gary Gensler to head the Securities and Exchange Commission, signaling an emphasis on...
Musk statement on Tesla production raises questions
DETROIT — Tesla CEO Elon Musk is once again drawing scrutiny for questionable comments he made to Wall Street analysts, this time involving the...
Feds: Businessman agrees to guilty plea in investment scheme
INDIANAPOLIS — An Indianapolis businessman plans to plead guilty to federal charges alleging that he operated a fraudulent investment scheme involving more than 100...
EXPLAINER: What’s a SPAC, the latest craze on Wall Street?
CHARLOTTE, N.C. — WeWork will finally go public this year, allowing investors to buy and sell its shares. But not through a traditional IPO.
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GameStop weighing stock offering to fund transformation
GameStop is considering selling some of its shares, a move that would enable the video-game retailer to capitalize on the massive surge in its...
Stock trading app company Robinhood files plan to go public
CHARLOTTE, N.C. — Stock trading app company Robinhood said Tuesday that it has submitted a confidential plan to go public later this year.
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Investor Icahn signals interest in buying FirstEnergy stock
AKRON, Ohio — Billionaire investor Carl Icahn has signaled an interest in making a large purchase of voting shares from one of the country's...
