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The Latest Breaking News from SEC

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…

Benzinga

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

USA Today Sports Media Group

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.

Ballotpedia

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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"

Daily Record

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.

Benzinga

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'

Daily Mirror

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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.

USA Today Sports Media Group

Former USC QB Mark Sanchez Says NIL Has Program ‘On Par’ With SEC Teams

“You can compete with these SEC schools and now we are on par with them.”

Sports Illustrated

Scots singer Callum Beattie gets dunk-tanked during Girls Day Out at the SEC

The Salamander Street singer, 32, stripped off for Pure Radio's 'Dunk-A-Hunk Tank' at the Girls' Day Out event on Friday.

Daily Record

Elon Musk’s takeover financing deal could clip Twitter’s wings

The Tesla tycoon’s complex bid for the social media platform will load the tech firm with debt

The Guardian - UK

EV Week In Review: Tesla Has Good News On Shanghai, Nio's Plans Amid Delisting Risk, And This Auto Giant Renews EV Leadership Pledge

Electric vehicle and allied sector stocks extended their losses in the week ending May 6, caught in the vortex of the broader market sell-off seen in the final two sessions of the week. Chinese EV stocks led the week's retreat amid fears that they could be potentially delisted from U.S. exchanges.

Benzinga

SEC Approves Valkyrie's Bitcoin Futures ETF: Is There Hope For a Bitcoin Spot ETF?

The United States Securities and Exchanges Commission (SEC) approved Valkyrie’s Bitcoin (CRYPTO: BTC) Futures exchange-traded fund (ETF) for trading.

Benzinga

Bitkub hit with fines for breaking SEC coin listing rules

The Securities and Exchange Commission's (SEC) Criminal Fining Committee has imposed fines on Bitkub Online (BO) and five members of its digital asset selection committee for non-compliance with the SEC's digital asset listing rules.

Bangkok Post

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USA Today Sports Media Group

Nvidia fined $5.5 million for allegedly hiding how many GPUs it sold to crypto miners

According to the SEC, Nvidia didn't tell investors about the exploding cryptocurrency market in 2017.

Mic

Elon Musk turned to some shady pals to fund his Twitter takeover

Among them is Prince Alwaleed bin Talal of Saudi Arabia, a country not exactly known for its support of free speech.

The Independent UK

SEC: Nvidia failed to disclose crypto as revenue generator

Nvidia, a major tech company that has expanded aggressively into gaming, will pay a $5.5 million penalty for failing to disclose that cryptomining was a significant source of revenue growth from the sale of graphics processing units produced and marketed for gaming

Benzinga

US Regulators Reach China For Audit Deal Discussions: Reuters

U.S. regulatory officials arrived in Beijing seeking to settle a long-running dispute over the auditing compliance of U.S.-listed Chinese firms, Reuters reported, citing sources. The stand-off, if not resolved, could see Chinese firms kicked off New York bourses. This week the SEC added over 80 firms to the list of companies…

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Sports Illustrated

Tennessee Senator Blasts Outgoing NCAA President Mark Emmert

Sen. Marsha Blackburn said Emmert’s resignation will “enable the NCAA to support our student-athletes.”

USA Today Sports Media Group

College Football Win Total Projections For All 131 Teams: Spring Version

College football win totals - the projection of what they should be after spring football and before what should be a wild summer.

Benzinga

Largest US Pension Fund Sold FAANG Stocks In Q1: Which Chip Stock Did It Buy Instead?

The largest pension fund in the U.S. reduced its FAANG holdings in the first quarter amid the tech rout at the start of the year, the 13-F filed with the SEC late Wednesday revealed.

Daily Record

Irn-Bru fans 'horrified' after Ru Paul's Drag Race star boils it in kettle as throat cure

Talent series winner Trixie Mattel performed her live show at the SEC Armadillo in Glasgow on Sunday April 24.

Benzinga

Why Alibaba Shares Are Sliding Today

Alibaba Group Holding Ltd (NYSE: BABA) shares are trading lower Thursday alongside several Chinese companies amid renewed delisting concerns after the U.S.

Benzinga

Why Nio Shares Are Falling

NIO Inc (NYSE: NIO) shares are trading significantly lower Thursday alongside several Chinese companies amid renewed delisting concerns after the U.S. Securities and Exchange Commission widened its regulatory crackdown on U.S.-listed Chinese companies for not disclosing audit reports.

Tribune News Service

Legal debate over SEC’s authority clouds climate rule proposal

WASHINGTON — Republican lawmakers and scholars are ratcheting up their arguments that the Securities and Exchange Commission lacks the statutory authority to require public companies to disclose climate-related financial risks.

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