Government Agencies SEC

  • May 24- The U.S. Securities and Exchange Commission is probing whether Boeing Co provided sufficient disclosures about issues related to its 737 MAX jets, which have been grounded worldwide after two deadly accidents, Bloomberg reported https://www.bloomberg.com/news/articles/2019-05-24/boeing-ba-faces-sec-probe-int o- d i s c l o s u r e s- o n- 7 3 7- m a x- t r...

  • Wedbush and Citi both lowered their price targets for Tesla in the past week on top of Morgan Stanley publishing a new bear case price target for the stock. The slew of bad news for Tesla has some investors wondering how much CEO Elon Musk's tweeting has to do with the downgrades. CNBC's "Squawk on the Street" discuss.

  • Elon Musk speaks onstage on March 11, 2018 in Austin, Texas.

    Wedbush and Citi both lowered their price targets for Tesla in the past week on top of Morgan Stanley publishing a new bear case price target for the stock. The slew of bad news for Tesla has some investors wondering how much CEO Elon Musk's tweeting has to do with the downgrades. Jeff Sonnenfeld, senior associate dean for leadership studies at the Yale School of Management, and Erin Gibbs, equity chief investment officer at S&P Global Market Intelligence, join "Squawk Box" to discuss.

  • John O'Rourke (right) former CEO of Riot Blockchain after a shareholders meeting in Oklahoma City on May 9, 2018.

    Federal authorities have launched an investigation into a group of "microcap fraudsters," according to court documents. The investigation is parallel to an SEC civil case against the alleged "fraudsters," and more details are currently unknown.

  • Bitcoin logo is seen on an android mobile phone

    The highly anticipated bitcoin-based exchange-traded fund isn't "imminent," says ETF.com Managing Director Dave Nadig.

  • WASHINGTON, May 16- A former U.S. The lawsuit claims that the regulator targeted senior accountant Kimberly Earle, 56, for removal from her role in the Division of Economics and Risk Analysis between November 2017 and September 2018 to create a vacancy for new management and because she was an "older, female, Jewish employee." Earle was terminated from her role in...

  • San Francisco- based Uber in a statement said it is "focused on improving the quality and security of independent work, while preserving the flexibility drivers and couriers tell us they value." Uber shares were up 6.4 percent at $39.46 in late trading on the New York Stock Exchange. Uber, in a filing with the U.S. Securities and Exchange Commission last week, said it...

  • Thomas Lee, Fundstrat Global Partners

    Bitcoin's back in focus on Wall Street after cracking the $8,000 level for the first time in nearly a year, and Fundstrat's Tom Lee sees more runway ahead of the digital currency.

  • As cyber threats abound, everyone from large financial firms to individual advisors need to make sure they have done everything they can to guard against a breach.

  • SAN FRANCISCO, May 10- U.S. regulators on Friday approved a new stock exchange that is the brainchild of a Silicon Valley entrepreneur, a move that will give high-growth technology companies more options to list their shares outside of the traditional New York exchanges. The U.S. Securities and Exchange Commission approved the creation of the Long-Term Stock...

  • WASHINGTON, May 9- The U.S. Securities and Exchange Commission on Thursday voted to propose changes to "accelerated filer" definitions of public companies. Thursday's proposal, which is subject to a 60- day public comment period before it can be adopted, excludes smaller-reporting companies of less than $100 million in annual revenues from an outside auditor...

  • Barry Honig, a venture capitalist and micro-cap investor, was once one of the largest investors in Riot Blockchain.

    Florida businessman Barry Honig appears to no longer want to settle with the SEC in what it called "classic pump-and-dump schemes," a court filing says.

  • Kraft Heinz also said it received an additional subpoena from the U.S. Securities and Exchange Commission on March 1, related to the assessment of goodwill and intangible asset impairments and a request for documents associated with the procurement business. The company had disclosed in February it had been subpoenaed by the SEC related to an investigation...

  • May 4- Kraft Heinz Co's chief marketing officer, Eduardo Luz, will leave the company at the end of May, a spokesperson for the company said on Saturday. Kraft Heinz's president of beverages, snacks and desserts, Adam Butler, will take over Luz's responsibilities on an interim basis, the spokesperson said. It also disclosed a U.S. Securities and Exchange Commission...

  • May 2- PG&E Corp said on Thursday the U.S. Securities and Exchange Commission is investigating the company regarding public disclosures and losses related to wildfires. PG&E Corp said in a regulatory filing that it learned on March 20 that the SEC was investigating it in relation to its public disclosures and accounting for losses associated with the 2017 and...

  • Elon Musk, chief executive officer of Tesla Inc., waves while departing from federal court in New York, U.S., on Thursday, April 4, 2019.

    A federal judge on Tuesday approved a deal struck between Tesla Inc chief executive Elon Musk and the U.S. Securities and Exchange Commission over Musk's use of Twitter, a court filing showed.

  • The company said it expects to offer 9.63 million shares, up from 8.75 million shares and the IPO to be priced between $23 and $25 per share, up from $19 and $21 per share, its latest filing with the U.S. Securities and Exchange Commission showed. Investors in Beyond Meat include actor Leonardo DiCaprio and Microsoft Corp founder Bill Gates. Beyond Meat's net loss...

  • April 29- WeWork owner The We Company said on Monday it had filed for an initial public offering with U.S. regulators, the latest in a swarm of U.S. startups planning a stock market debut this year. WeWork, recently valued at $47 billion in a private fundraising round, said its amended IPO registration with the U.S. Securities and Exchange Commission will help it...

  • April 29- WeWork owner The We Company said on Monday it had filed for an initial public offering with U.S. regulators, laying the groundwork for the shared office space manager to go public. WeWork said the amended filing, which follows one submitted with the Securities and Exchange Commission in December, will enable it to make the decision to become publicly...

  • April 29- Tesla Inc said on Monday it could seek alternative sources of financing, days after Chief Executive Officer Elon Musk reached a deal with U.S. securities regulators to settle a dispute over his Twitter use, removing an overhang on the stock. Tesla said in a quarterly filing...