U.S. lawmakers have been under the microscope lately for trading stocks in companies where they or their staff members might have some inside knowledge. The rules for buying and selling stocks were strengthened for Congress in 2012 by the Stop Trading on Congressional Knowledge Act. Developing rules about Congress members trading stocks is an ongoing … Read more
The Texas State Securities Board (SSB) and the Texas Department of Banking (DOB) raised an objection in court against Voyager Digital’s disclosure statement, questioning the various methodologies and calculations used to estimate the fair market value of the bankrupt exchange’s crypto assets. In a pleading filed with the United States Bankruptcy Court for the Southern … Read more
President Joe Biden plans to announce today a new proposed rule that would require airlines to disclose upfront certain fees, the U.S. Department of Transportation announced Monday. The proposal “seeks to provide customers the information they need to choose the best deal.” Under the proposal, U.S. carriers, foreign carriers and ticket agents would be required … Read more
However, Musk’s team will be allowed to add arguments based on the former executive’s whistleblower disclosure to its case arguing the Tesla CEO should be allowed to walk away from the deal. The trial is set to run for five days starting October 17. Musk’s attorneys last week moved to push back the trial by … Read more
This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Article content MISSISSAUGA, Ontario, Sept. 06, 2022 (GLOBE NEWSWIRE) — Smart Employee … Read more
Digital World Acquisition Corp. (DWAC) shares dropped Tuesday after shedding 8% Monday as federal filings show more troubles for the special purpose acquisition company and its attempted merger with former President Donald Trump’s tech and social-media platform. X DWAC stock fell 3% to 24.60 Tuesday during market trading and is now down more than 80% … Read more
Bitcoin and the crypto market have been losing momentum in the last 24 hours after experiencing a relief rally. Yesterday, the Elon Musk-led car manufacturer Tesla announced that it sold 75% of its BTC holdings to convert them into fiat currency. Related Reading | Cardano (ADA), After 35% Spike, Locks On Next Target: $0.55 This has … Read more