Tag Archives: Case

Traders who gobbled up GameStop (GME) stock in the Reddit-user-fueled push to squeeze short sellers could end up on the defending side of enforcement action if officials can find out who they are and show they tried to manipulate or deceive the markets. Indeed, Fox Business Network’s Charlie Gasparino tweeted on Thursday that regulatory sources were telling him they would be looking at a market manipulation case related to GameStop trading. However, a successful case against those who caused… Source link

Chinese electric bicycle-maker EZGO Technologies (EZGO) leapt more than 250% in its first day of trading. TS Innovations Acquisitions Corp. (TSIA), a blank-check company, jumped 45% after announcing it was merging with Latch, a building tech firm. Another Chinese debut — this one a vaping platform called RLX Technology (RLX) — more than doubled in its first day of trading. And shares of another special purpose acquisition company (SPAC), FTAC Olympus Acquisition, surged 30% after a… Source link

The Canadian Press The Latest: Fauci to resume virus updates in White House WASHINGTON — Dr. Anthony Fauci is back in the White House briefing room. Fauci, the nation’s leading infectious disease expert, was tasked by President Joe Biden to give an update on the coronavirus pandemic after largely being sidelined in recent months by former president Donald Trump. Fauci said the new administration would “be completely open and honest” in dealing with the pandemic and, in an implicit… Source link

MIAMI GARDENS, Fla. – Alabama quarterback Mac Jones has spent his four-year career with the explicit instructions of not succumbing to rat poison. That’s the dismissive term that coach Nick Saban created for the praise, hyperbole and expectations that follow big wins. In the wake of a wire-to-wire dominant performance that delivered Alabama its sixth national title in the past 12 years, Jones dropped a declaration that would normally make his head coach cringe. “I think we’re the best… Source link

Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. The federal judge hearing the U.S. Justice Department’s antitrust case against Google said on Friday he directed his financial advisers to immediately sell mutual funds he owns that hold stock of the search engine’s parent Alphabet Inc. Separately, Google said in a brief court filing that it would not ask for the case to be thrown out at an early stage based on procedural issues. GET FOX BUSINESS ON… Source link

TipRanks Oppenheimer: These 3 Stocks Could Spike Over 80% Wall Street’s best firms don’t just look at the stocks, they look at the big picture, too. And Oppenheimer’s chief investment strategist, John Stoltzfus, is particularly adept at showing us the macro view. In his first note of the new year, Stoltzfus notes a series of factors that are going to impact the markets. The big news, of course, the 800-pound gorilla that cannot be ignored, is the ongoing COVID epidemic. The disease is… Source link

FILE PHOTO: A Google sign is shown at one of the company’s office complexes in Irvine, California, U.S., July 27, 2020. REUTERS/Mike Blake WASHINGTON (Reuters) – The judge hearing the U.S. Justice Department’s antitrust case against Alphabet Inc’s Google said on Friday he had directed his financial advisers to immediately sell mutual funds he owns that hold Google stock. Judge Amit Mehta said he learned that “some of our mutual fund holdings do contain two different classes of Alphabet… Source link

WASHINGTON, Jan 8 (Reuters) – The judge hearing the U.S. Justice Department’s antitrust case against Alphabet Inc’s Google said on Friday he had directed his financial advisers to immediately sell mutual funds he owns that hold Google stock. Judge Amit Mehta said he learned that “some of our mutual fund holdings do contain two different classes of Alphabet stock” and directed their sale. Mehta said “neither my wife nor I directed the purchase of these particular funds; they were… Source link

A Dutch consumer advocacy group is suing the country’s privacy regulator over a two-year wait for action on a complaint against Google, arguing there are flaws in the European system for handling data privacy and security cases involving multinationals that operate in many countries. The lawsuit highlights growing dissatisfaction among consumers, privacy advocates and some regulators about the way complaints against large companies are handled by the data protection authority in the country… Source link

Texas may pay tens of millions of dollars to outside attorneys hired to handle a major lawsuit against Google — money the state did not plan to spend before a scandal enveloped Texas Attorney General Ken Paxton this fall. That’s under agreements signed last month with outside lawyers based in Chicago, Houston and Washington, D.C., including high-profile plaintiffs’ attorney Mark Lanier and the law firm Keller Lenkner, who will lead Texas’ multi-state… Source link