A federal court in Florida ordered a real estate investing firm and its former owner to pay $1 billion for operating a Ponzi scheme that targeted thousands of retail investors, many of them seniors. The...
Spencer Platt | Getty Images News | Getty Images Traders work on the floor of...
But even if companies did want to charge ahead with buybacks, some would have likely have to stall following their earnings announcement. The Securities and Exchange Commission established rules governing the conditions under which companies...
The government shutdown is beginning to seriously affect the business of Wall Street, in particular the critical issue of IPOs. If the government does not reopen soon, a serious backlog in initial public offerings could...
The agency said that investors hungry for yield have been willing to tolerate looser protections to the point where they are now weaker than they were even before financial crisis exploded in 2008. Much of that money comes...
China's economy may be slowing at the moment, but investors shouldn't count the Asian giant out in the long run, the chairman of a multibillion-dollar Chinese conglomerate said Wednesday. Fosun International's Guo Guangchang is...
Hopes for a bitcoin exchange traded fund are being dashed, for now. Cboe Global Markets pulled its application on Wednesday for what would be the first-ever bitcoin exchange traded fund, or ETF, according to a...
Adam Galica | CNBC Jamie Dimon, CEO of JP Morgan Chase, speaking at the 2019...
Greenlight Capital is still betting against electric car maker Tesla, and the hedge fund's manager isn't mincing words about his opinion of Elon Musk. In a quarterly letter to investors on Tuesday, Greenlight's David Einhorn...
Blockchain Exchange Alliance acquired a controlling interest in Bithumb Holdings and as a result now has a controlling interest in Bithumb Korea, according to the documents. The Seoul-based exchange is the second-largest by exchange volume, according to Coinmarketcap.com,...
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