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The SEC charges Trump Media's newly hired auditing firm with 'massive fraud'
The Securities and Exchange Commission on Friday charged an auditing firm hired by Trump Media and Technology Group just 37 days ago with “massive fraud” — though not for any work it performed for former President Donald Trump’s media company. The SEC charged the accounting firm BF Borgers and its owner, Benjamin F. Borgers, of “deliberate and systematic failures” in more than 1,500 audits. BF Borgers agreed to pay a $12 million fine while its owner agreed to pay a fine of $2 million.
2 min read - BusinessThe Independent
Tesla suing Indian company for using its name
Elon Musk’s electric vehicle company is seeking unspecified damages and a permanent injunction from the company from a judge in New Delhi
3 min read - BusinessWashington Post
Tesla retreat from EV charging leaves growth of U.S. network in doubt
Tesla’s abrupt decision to lay off its electric-vehicle charging team and reduce its investments in public charging is a blow to the U.S. network, which has long relied on Elon Musk to build the bulk of the country’s fast chargers. The sudden layoffs this week left Tesla construction vendors uncertain whether to carry on with the charging projects they were building, though one vendor said the company has since confirmed that existing projects should continue.Subscribe to The Post Most newslette
6 min read - BusinessElectronic Payments
Fiserv Small Business Index for April: sales at retail and service businesses up; discretionary spend down
The Fiserv Small Business Index provides insights into the performance of small businesses across the US
2 min read - BusinessBloomberg
‘Your Fund Is Under Attack’: BlackRock Fights Boaz Weinstein
(Bloomberg) -- A few days ago, BlackRock Inc. sent an unusual message to thousands of clients. It contained none of the formulaic language or inscrutable fine print typically packed into these sorts of statements. No, this was a call to arms.Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventApple Rallies Most in 18 Months on Upbeat Forecast, BuybackTrump Auditions VP Picks Before Wealthy Donors in P
8 min read - BusinessGuruFocus.com
Insider Sale at Domino's Pizza Inc (DPZ): EVP, Chief Restaurant Officer Frank Garrido Sells Shares
On May 1, 2024, Frank Garrido, the Executive Vice President and Chief Restaurant Officer of Domino's Pizza Inc (NYSE:DPZ), sold 470 shares of the company.
2 min read - BusinessThe Hollywood Reporter
Shari Redstone v. Shareholders: What Does Paramount Owe Investors?
Although exclusive talks between Paramount Global and Skydance Media are expected to end without a deal, questions linger about controlling shareholder Shari Redstone’s duty to minority investors, some of whom have vocally opposed the merger on grounds that their interests have taken a backseat in negotiations. A Paramount investor, in a complaint filed on April …
5 min read - BusinessGuruFocus.com
Insider Sale: Director Daniel Fairfax Sells Shares of Super Micro Computer Inc (SMCI)
On May 1, 2024, Director Daniel Fairfax sold 300 shares of Super Micro Computer Inc (NASDAQ:SMCI) as reported in a recent SEC Filing.
1 min read - BusinessGuruFocus.com
Insider Sale at Vertex Pharmaceuticals Inc (VRTX): Director Sangeeta Bhatia Sells Shares
On May 2, 2024, Director Sangeeta Bhatia sold 467 shares of Vertex Pharmaceuticals Inc (NASDAQ:VRTX) as reported in a recent SEC Filing.
1 min read - BusinessGuruFocus.com
Insider Sale at Xencor Inc (XNCR): EVP, Chief Development Officer Nancy Valente Sells Shares
On May 2, 2024, Nancy Valente, the Executive Vice President, Chief Development Officer of Xencor Inc (NASDAQ:XNCR), sold 4,745 shares of the company.
1 min read - USNBC News
Dallas police won't pursue sexual assault charges against Cowboys' quarterback Dak Prescott
Dallas police said Cowboys’ quarterback Dak Prescott will not be charged after he was accused of sexual assault in an alleged incident in 2017 after his rookie season.
2 min read - BusinessBloomberg
Citi Says European Authorities Are Scrutinizing 2022 Flash Crash
(Bloomberg) -- Two years after a Citigroup Inc. trader’s fat-finger error briefly sent European stocks swooning, the bank said authorities are investigating what happened.Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventApple Rallies Most in 18 Months on Upbeat Forecast, BuybackTrump Auditions VP Picks Before Wealthy Donors in Palm BeachHuawei Secretly Backs US Research, Awarding Millions in Prizes
1 min read - BusinessReuters
Paramount will let exclusive talks with Skydance lapse, NYT reports
Shares of the media giant rose 3% in extended trading. A special committee of Paramount's board, which was established to evaluate the media company's options, spent months negotiating with Skydance and its partners, Redbird Capital and KKR. Sony Pictures Entertainment and private equity firm Apollo Global Management have sent a letter to the Paramount board, expressing interest in acquiring the company for $26 billion in an all-cash offer.
1 min read - BusinessCoinDesk
Former Cred Executives Indicted on Wire Fraud, Other Charges
Daniel Schatt, a Cred co-founder and former CEO, Joseph Podulka, former CFO, and James Alexander, the former chief capital officer, were indicted by the U.S. Attorney's Office in the Northern District of California.
4 min read - USCoinDesk
BTC-e Operator Alexander Vinnik Pleads Guilty to Money Laundering Conspiracy Charge
Alexander Vinnick, the Russian national who was one of BTC-e's operators, pled guilty to conspiracy to commit money laundering for his role with the crypto exchange.
2 min read - BusinessFortune
Apple’s China sales tell a different story than what analysts have heard for months. Where is the disconnect?
Independent researchers painted a bleak picture of Apple’s China business during the most recent quarter, but the damage was lighter than expected.
6 min read - USKSNF Joplin
“It’s the best job in the world,” Webb City fire fighter reflects on decades of service amid upcoming retirement
WEBB CITY, Mo. — His very first full time fire call was logged back in 1983 – and now Webb City fire fighter Jackie Clark is days away from his last. “I started May 13, 1983. It was Friday the 13th.” Which turned out to be a lucky day for Jackie Clark. The official beginning […]
2 min read - BusinessElectronic Payments
Network International rolls out Mastercard Instalments across the UAE
Shoppers can use Mastercard’s innovative instalments solution to convert purchases into instalments at participating merchants across the UAE market
2 min read - BusinessZacks
Baidu Inc. (BIDU) Outperforms Broader Market: What You Need to Know
In the most recent trading session, Baidu Inc. (BIDU) closed at $113.41, indicating a +1.49% shift from the previous trading day.
3 min read - BusinessZacks
Recursion Pharmaceuticals (RXRX) Increases Yet Falls Behind Market: What Investors Need to Know
In the closing of the recent trading day, Recursion Pharmaceuticals (RXRX) stood at $8.84, denoting a +0.57% change from the preceding trading day.
2 min read - BusinessZacks
Innovative Industrial Properties (IIPR) Ascends But Remains Behind Market: Some Facts to Note
Innovative Industrial Properties (IIPR) reachead $109.48 at the closing of the latest trading day, reflecting a +1.1% change compared to its last close.
3 min read - BusinessZacks
Okta (OKTA) Rises Yet Lags Behind Market: Some Facts Worth Knowing
Okta (OKTA) closed at $96.55 in the latest trading session, marking a +1.12% move from the prior day.
3 min read - BusinessZacks
Airbnb, Inc. (ABNB) Rises Yet Lags Behind Market: Some Facts Worth Knowing
Airbnb, Inc. (ABNB) closed at $159.71 in the latest trading session, marking a +0.87% move from the prior day.
3 min read - BusinessZacks
BlackBerry (BB) Rises But Trails Market: What Investors Should Know
In the most recent trading session, BlackBerry (BB) closed at $2.93, indicating a +0.34% shift from the previous trading day.
2 min read - USWJW
I-Team: New safety adviser helped write own job description
The FOX 8 I-Team has found a former roommate of Cleveland Mayor Justin Bibb got hired at City Hall after helping write a description for the job he ended up getting.
3 min read - USAssociated Press
Deadly news helicopter crash likely caused by shaky inspections, leading to loose parts, feds say
Investigators found disconnected and missing hardware aboard a helicopter that crashed in 2022, killing the pilot and a North Carolina television station’s meteorologist, according to the National Transportation Safety Board. The NTSB's final report on the 2022 crash, which was released Thursday, said the probable cause was inadequate inspections by the pilot and maintenance personnel, resulting in an eventual loosening of the hardware and subsequent loss of helicopter control. WBTV meteorolog
3 min read - BusinessZacks
The Trade Desk (TTD) Rises But Trails Market: What Investors Should Know
The Trade Desk (TTD) reachead $88.59 at the closing of the latest trading day, reflecting a +0.53% change compared to its last close.
3 min read - BusinessZacks
Seanergy Maritime Holdings Corp (SHIP) Rises But Trails Market: What Investors Should Know
In the latest trading session, Seanergy Maritime Holdings Corp (SHIP) closed at $9.65, marking a +0.78% move from the previous day.
2 min read - BusinessZacks
Prairie Operating Co. (PROP) Stock Slides as Market Rises: Facts to Know Before You Trade
In the most recent trading session, Prairie Operating Co. (PROP) closed at $14.44, indicating a -1.1% shift from the previous trading day.
2 min read - BusinessTechCrunch
Iconiq raises $5.15B toward seventh flagship fund
Iconiq Capital has raised $5.15 billion across two funds associated with the seventh growth fund family, according to SEC filings. The firm, which launched in 2011 as a private office managing capital of some of the most prominent and wealthiest people in tech, including Mark Zuckerberg and Jack Dorsey, originally targeted $5.75 billion, according to meeting information from New Mexico State Investment Council, The Wall Street Journal reported in March 2022. The fund size is a substantial incr
2 min read - USWSOC
Families of SouthPark construction fire victims file wrongful death lawsuit
The families of the two men who died in a construction site fire in Charlotte’s SouthPark neighborhood have filed a wrongful death lawsuit.
4 min read - BusinessElectronic Payments
Mastercard collaborates with SingleView to usher in new era of commercial efficiency
Collaboration promotes commercial efficiency with SingleView’s corporates able to leverage Mastercard commercial and corporate solutions to optimise businesses’ financial operations
2 min read - USOcala Star Banner
More details emerge about major hotel being built in downtown Ocala
Ocala will welcome a new hotel to downtown in summer 2026. Here's the latest.
1 min read - BusinessBenzinga
Food Affordability Crisis Looms as Farm Bill Debate Heats Up: Millions at Risk of Hunger
Anti-hunger groups are growing increasingly concerned about worsening food affordability as the clock ticks down on the current farm bill. The $1.5 trillion spending package, which covers a wide range of agricultural and food assistance programs, has become a focal point of partisan debate, with climate and nutrition funding becoming key sticking points. House and Senate leaders have released competing frameworks for the farm bill, highlighting the need for swift action to avoid a lapse in criti
3 min read - USUSA TODAY
Utah woman accused of shooting, killing best friend as part of 'suicide pact,' reports say
Heavenly Faith Garfield, a 21-year-old woman in Saratoga Springs, Utah, was accused of shooting and killing best friend as a part of 'suicide pact.'
2 min read - BusinessBusiness Insider
Apple's record $110 billion stock buyback is bigger than Boeing, Airbnb, and Chipotle
Apple has bought back more than 10 billion of its shares via massive stock buyback programs since 2013.
2 min read - USArgus Leader
Board of Regents pays out $100K to former USD staffer in sex discrimination lawsuit
In her initial complaint, Ghebrekidan states she was degraded and stereotyped as a "whore,” according to court documents.
7 min read - CelebrityBBC
Worst-ever job interviews: 'We had to crawl and moo'
Dozens of jobseekers tell the BBC about their worst-ever interview experiences.
4 min read - USHerald Times Reporter
Manitowoc has purchased the former Mid-Cities Mall and Edgewater Plaza site. 'Expect development news soon,' mayor says.
The city has been trying for years to persuade the mall's out-of-town owners to sell the ugly and blighted area.
2 min read - USFortune
New Florida resident Jeff Bezos pumped $60 million into making lab-grown meat taste better. Ron DeSantis just banned it from the state
An announcement about the legislation went viral for reasons completely unrelated to meat of any kind: “It’s the worst picture of me,” a reality star says.
4 min read - BusinessBusiness Insider
Tesla is pulling out all the stops to get Elon Musk his $47 billion pay package
Tesla is again urging shareholders to approve CEO Elon Musk's multibillion-dollar pay package that a Delaware judge vetoed.
3 min read - USKTXL
$2,000 sign-on bonuses available for bus driver hires at SacRT job fair
(FOX40.COM) — Sacramento Regional Transit said it is hosting two in-person hiring events during May, and bus driver hires could be eligible for a $2,000 sign-on bonus. On May 7, the transportation agency will host its first hiring event from 10 a.m. to 3 p.m. at the SacRT Administrative Building in midtown Sacramento at 1400 […]
1 min read - BusinessFortune
Airlines plead tech failure after government orders automatic refunds for wronged travelers
Frontier CEO said the airline industry’s technology may be a barrier to compliance.
2 min read - USWFXT
New Hampshire jury finds state liable for abuse at youth detention center and awards victim $38M
A New Hampshire jury awarded $38 million to the man who blew the lid off abuse allegations at the state’s youth detention center Friday, in a landmark case finding the state’s negligence allowed him to be beaten, raped and held in solitary confinement as a teen.
3 min read - BusinessYahoo Personal Finance
What to do after a car accident: Your step-by-step guide
See what to do after a car crash and how to get started documenting the accident and filing an insurance claim.
9 min read - USGreenville News
Flying is a Breeze: GSP International welcomes Breeze Airways providing nonstop flights
The low-cost carrier landed at GSP Friday and offers nonstop flights to summer destinations including Los Angeles, Tampa, and Orlando
2 min read - BusinessSalon
Trump Media audit firm charged with fraud
“Borgers and his sham audit mill have been permanently shut down,” an SEC official said of Trump Media's accountant
2 min read - BusinessReuters
Exxon to take 18-24 months to hit full stride with Pioneer purchase
HOUSTON (Reuters) -Exxon Mobil will take 18 to 24 months to achieve its full production synergies from its $60 billion purchase of U.S. shale oil producer Pioneer Natural Resources, the company's top shale executive said on Friday. Exxon this week closed all-stock acquisition after agreeing to an antitrust consent order that barred the former Pioneer CEO from joining its board and is moving in coming weeks to combine operations that will form the largest oil producer in the Permian basin. "You
2 min read - BusinessFortune
Cinco de Mayo may be boozier than New Year’s Eve and St. Patrick’s Day, a survey finds
A decades-long push by American beer companies is partly responsible for it.
3 min read - BusinessBloomberg
Fed-Obsessed Traders Need the Economy to Get Its Story Straight
(Bloomberg) -- Another week of conflicting economic signals — and another painful lesson for Wall Street traders trying to front run the data-dependent Federal Reserve.Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventApple Rallies Most in 18 Months on Upbeat Forecast, BuybackTrump Auditions VP Picks Before Wealthy Donors in Palm BeachTurkey Confirms All Trade Halt With Israel Over War in GazaAfter
4 min read