Mastercard, Visa Suspend Ties With Ad Arm Of Pornhub Owner MindGeek
Visa and Mastercard on Thursday said they had suspended ties with the advertisement arm of MindGeek, owner of website Pornhub, after a lawsuit raised questions over whether the payment firms could be facilitating child pornography.
Analysis-Why Elon Musk's Fight With Twitter Could Draw Further SEC Scrutiny
Twitter Inc's fight with Elon Musk to enforce his $44 billion deal to buy the social media platform could attract scrutiny from the U.S.
The Rise And Fall Of Bill Hwang's 'House Of Cards'
Bill Hwang spent 25 years building his career, but his downfall took just four days.
Explainer-Why Archegos Capital Was In U.S. Regulators' Blind Spot
U.S. authorities on Wednesday charged Archegos Capital Management owner Bill Hwang with racketeering, fraud and market manipulation over the meltdown of his New York family office which left global banks nursing roughly $10 billion in losses.
Five Key Takeaways From Jamie Dimon's Letter To JPMorgan's Investors
Jamie Dimon, CEO of JPMorgan Chase & Co, published his closely watched annual letter to shareholders on Monday, covering critical issues including the war in Ukraine, the energy crisis, sanctions, inflation and interest rates.
U.S. SEC Says Crypto Safekeeping Arrangements Should Be Treated As Liability
U.S. listed companies that hold cryptocurrencies on behalf of users and customers should account for those assets as a liability on their balance sheet and disclose the related risks to investors, the securities regulator said on Thursday.
U.S. Banks Urge Regulators To Be Flexible On Climate-risk Rules
U.S. banks this week welcomed a regulatory proposal to incorporate climate change risks into their daily operations, yet said they opposed prescriptive risk management and lending criteria, exposure disclosures and capital penalties.
SEC Chairman Says Tesla Settlement In 'Best Interests' Of Shareholders
U.S. Securities and Exchange Commission chairman Jay Clayton said in a statement on Saturday that the agency’s settlement with carmaker Tesla was in the best interests of the U.S. markets and company shareholders.
Tesla News: Elon Musk May Settle SEC Lawsuit But Ready For Fight
Tesla Inc’s Elon Musk could settle with U.S. regulators who have sued to remove him from the electric carmaker’s leadership, but he is prepared to fight the securities fraud lawsuit against him in court, sources said on Friday as shares plunged about 14 percent.
Drones And Stakeouts: How Tesla 'Haters' Put Pressure On CEO Musk
Many use drones to gather footage of Tesla production facilities, scour Tesla's financial filings and pore over Musk's statements for inconsistencies.
US Politics: Donald Trump's Consumer Watchdog Pick Draws Criticism From Left And Right
The White House said on Saturday that President Donald Trump will pick Kathy Kraninger, an Office of Management and Budget (OMB) official, to head the U.S. consumer watchdog, drawing criticism from consumer advocates and dividing conservatives.
Volcker 'Fix' May Cause New Headaches For Wall Street
On May 30, U.S. regulators unveiled a plan to modify the so-called Volcker Rule introduced following the 2007-2009 financial crisis, aiming to make compliance easier for many firms and relieving small banks altogether.
White House's Navarro Says 'Three Strikes You're Out' For ZTE
Chinese technology company ZTE Corp will be “shut down” in the United States if it engages in one more bad activity, White House trade adviser Peter Navarro told Fox on Sunday.
Dodd-Frank Rollback: Congress Easing Rules On Small Banks?
Congress on Tuesday rolled back some of the restraints imposed on banks after the 2007-2009 global financial crisis, but big players like Goldman Sachs, Morgan Stanley and JPMorgan Chase, will not be breaking out the champagne.