Bad Day in Court for the Administrative State Fifth Circuit panel finds several constitutional problems with the Securities and Exchange Commission Reason · May 18, 2022
6 Stocks Halted In Wednesday's Session: Here's Why A circuit breaker is an automatic, temporary trading halt on certain securities when the underlying stock is experiencing times of high volatility. It is a measure put in place to help restore and bring order to the markets. Benzinga · May 18, 2022
Jeff Bezos Increases His Bet On The Single-Family Housing Market The billionaire founder of Amazon.com, Inc. (NASDAQ: AMZN) Jeff Bezos just made his second investment in the real estate investment platform Arrived Homes during the company's $25 million Series A round. Benzinga · May 18, 2022
Twitter Gives Its Version Of Events: Elon Musk Didn't Carry Out Due Diligence In Rush To Grab $44B Deal Details surrounding Elon Musk's deal to take Twitter, Inc. (NYSE: TWTR) private are getting murkier each passing day. A new SEC filing by the social media platform to highlight its version of events suggests Musk jumped the gun in his quest to quickly lap up the company. Benzinga · May 18, 2022
German Insurer Allianz Agrees To $6B Fraud Settlement With US Authorities German insurer Allianz SE (OTC:ALIZY) has agreed to a $6 billion settlement with U.S. authorities, the Financial Times reports. Allianz's investment arm will plead guilty to securities fraud after a scandal at its funds business left investors nursing billions of dollars worth of losses. The victims included teachers, clergy, bus drivers, and engineers,… Benzinga · May 18, 2022
TechScape: How Musk and crypto bros get away with it In this week’s newsletter: Just like Donald Trump’s political rise, Tesla’s CEO and firms like Tether win by simply not playing by the same rules as everyone else The Guardian - UK · May 18, 2022
UST collapse hits digital asset market The global cryptocurrency market saw its value plummet amid heavy sell-offs, with the collapse of TerraUSD (UST), one of the biggest stablecoins, sending shockwaves throughout the digital asset market. Bangkok Post · May 17, 2022
Elon Musk goes full chaos mode with Twitter takeover stuck in limbo Musk is making every excuse known to man in the most performative way possible. Input · May 17, 2022
All the twists and turns in the Musk-Twitter takeover saga A full breakdown of Musk's remarks, tweets, discussions and dealings in his quest to buy Twitter. Axios · May 17, 2022
ABC Announces Six 2022 College Football Primetime Games The first two primetime games will take place on Saturday, Sept. 3. Sports Illustrated · May 17, 2022
Revelations from the Trump SPAC’s new proxy statement The social media network might need to undergo a rebrand and Dinesh D’Souza is one of its most popular users. Fortune · May 17, 2022
Scottish Labour leak confirms 'flexibility' over council deals with rival parties despite coalition ban EXCLUSIVE: Anas Sarwar promised no coalitions with the SNP or the Tories in town halls during the campaign, but an internal document reveals scope for other types of arrangement. Daily Record · May 17, 2022
Elon Musk says Twitter deal "cannot move forward" unless spam questions are answered Wall Street already believed Musk is trying to back out of the deal. Axios · May 17, 2022
Checks and Balances: Tennessee lawmakers end judicial deference The Checks and Balances Letter delivers news and information from Ballotpedia’s Administrative State Project, including pivotal actions at the federal and state levels related to the separation of powers, due process, and the rule of law. Ballotpedia · May 17, 2022
Tribune News Service · May 16, 2022 In football-first world of college athletics, where does that leave ACC basketball? FERNANDINA BEACH, Fla. — Almost five months after he became the fifth commissioner in ACC history, Jim Phillips stood in front of a crowded hotel banquet room in Charlotte and emphasized the single priority most critical to the league’s future. It was Phillips’ first major public appearance in his new…
Input · May 16, 2022 Trump isn't allowed to post content unless it's hit Truth Social first Not that he has access to any other social media right now, anyway.
Benzinga · May 16, 2022 Why Are Akebia Therapeutics Shares Falling Today? Akebia Therapeutics Inc (NASDAQ:AKBA) and Otsuka Holdings (OTC: OTSKY) separately announced to call for licensing and co-development agreement for vadadustat. Otsuka sent a written notice to Akebia on May 12 that the partnership had been terminated. Akebia said in an SEC filing filed Friday that the termination will go into effect in a year.…
Benzinga · May 16, 2022 Trump SPAC Deal Finally Files A Proxy: 10 Key Details We Now Know Seven months after announcing a SPAC merger, a social media company owned by former President Donald Trump has filed its proxy. Here are the key details from the more than 250 pages contained in the proxy filing.
Tribune News Service · May 16, 2022 Miami native Deandre Johnson looks to take advantage of consecutive opportunities with UM, Dolphins MIAMI — More than a year ago, Deandre Johnson got the opportunity to return home to Miami to play one final college season with the Hurricanes. Now, he gets his first crack at making an NFL roster with his hometown Dolphins.
USA Today Sports Media Group · May 16, 2022 Former UGA football WR Matt Landers announces transfer destination Former Georgia and Toledo football wide receiver Matt Landers has transferred for a second consecutive offseason.
The Times of India · May 15, 2022 Karnataka HC to hear SEC plea over zilla panchayat elections on May 17 BENGALURU: The Karnataka high court will hear on May 17 a plea by the Karnataka State Election Commission about holding Zilla Panchayat and Taluk Panchayat elections.
Benzinga · May 14, 2022 George Soros' Fund Buys Up Nio And This US EV Stock, While Selling Entire Stake In These 2 Companies Billionaire investor George Soros' Soros Fund Management has worked around with its electric vehicle portfolio in the first quarter, according to a 13F filing submitted to the SEC on Friday.
Benzinga · May 13, 2022 Luckin 2.0? Freefalling Cloopen Flags Potential Irregularities, Spooking Investors Key takeaways: • Cloopen said it formed an independent special committee to look into employee misconduct and transaction irregularities discovered by auditor KPMG
Benzinga · May 13, 2022 'You Are A Coward:' Dave Portnoy Calls Out Henry Blodget On Twitter Space Dave Portnoy is known for his fiery personality on social media; if he is in an online feud, do not expect him to back down.
The Independent UK · May 12, 2022 Tesla, Twitter shares drop as Elon Musk's legal issues grow Shares of Tesla and Twitter have tumbled this week