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INSANE: 16 | Rare Historical Photos

‘Teflon’ Elon wins again as jury rejects fraud claim over tweets

Elon Musk proved once again that he’s difficult to beat in court.

Tribune News Service · Feb 4, 2023

Elon Musk surprise appearance as Tesla tweet trial wraps up

A high-profile trial focused on a 2018 tweet about the financing for a Tesla buyout that never happened drew a surprise spectator for Friday’s final arguments — Elon Musk, the billionaire who is being accused of misleading investors with his usage of the Twitter service he now owns

The Independent UK · Feb 3, 2023

Jo Johnson resigns as director of firm linked to Adani allegations

Former UK PM’s brother quits board of Elara Capital days after it was accused of using funds to manipulate share prices

The Guardian - UK · Feb 2, 2023

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How Stockpickers Finally Beat the Index Funds

With less riding on slumping tech stocks such as Amazon, Tesla and Microsoft, many active fund managers finally surpassed their benchmarks in 2022.

Businessweek · Feb 2, 2023

Virginia governor expresses concerns about ESG investing

Virginia Gov. Glen Youngkin (R)—who worked for most of his career in financial services (private equity), where he eventually became co-CEO of the Carlyle Group— signaled last week that he, like many of his Republican colleagues, has some concerns about ESG:

Ballotpedia · Jan 24, 2023

Citadel’s $16 billion win tops Paulson’s greatest trade ever

Ken Griffin’s Citadel churned out a record $16 billion in profit for clients last year, outperforming the rest of the industry and eclipsing one of history’s most successful financial plays.

Tribune News Service · Jan 23, 2023

George Santos linked to Trump donor with ties to sanctioned Russian oligarch, report finds

Newly revealed statements show congressman and Andrew Intrater developed business relationship in 2020

The Independent UK · Jan 16, 2023

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Musk says San Francisco jurors dislike him with ‘passion’

Elon Musk’s lawyers argued in their bid get his securities fraud trial moved out of San Francisco that 82% of all the prospective jurors who have an opinion of the billionaire view him negatively.

Tribune News Service · Jan 13, 2023

Disgraced former McDonald’s CEO who had relationships with multiple employees is charged by SEC

The Securities and Exchange Commission is charging McDonald’s former CEO Stephen Easterbrook with making false and misleading statements to investors about the circumstances leading to his firing in November 2019

The Independent UK · Jan 9, 2023

SEC charges former McDonald's CEO with misleading investors

The Independent UK · Jan 9, 2023

SEC charges former McDonald’s CEO with making false statements about termination

The Securities and Exchange Commission Monday charged former McDonald’s CEO Stephen Easterbrook with making “false and misleading statements” to investors for allegedly failing to disclose the extent of his romantic relationships with employees prior to his 2019 termination.

Chicago Tribune · Jan 9, 2023

SEC charges former McDonald’s CEO Easterbrook with making misleading statements about his firing

Easterbrook was ousted for engaging in an inappropriate personal relationship with a McDonald’s employee in violation of company policy.

Chicago Sun-Times · Jan 9, 2023

SEC charges former McDonald’s CEO Stephen Easterbrook with making misleading statements about his firing

McDonald’s Corp. was also charged by the SEC but there is no financial penalty because it cooperated in investigation,

Chicago Sun-Times · Jan 9, 2023

Ex-Sen. Burr: SEC probe into trading over with 'no action'

Former North Carolina U_S_ Sen_ Richard Burr says the investigation by the Securities and Exchange Commission into investment sales early in the coronavirus pandemic has concluded with “no action.”

The Independent UK · Jan 6, 2023

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Fortune · Dec 28, 2022

Goldman Sachs economists keep doubling down on their call that we’ll avoid a recession. Their boss disagrees.

What a difference 30% makes. Goldman’s chief economist sees about a one-in-three chance of the economy shrinking, but CEO David Solomon sees it the other way.

Birmingham Post · Dec 22, 2022

Superdry secures £80m refinancing deal as cold weather boosts jacket sales

The Gloucestershire-headquartered clothing retailer reported “record” Black Friday sales for its outerwear

The Guardian - US · Dec 19, 2022

Canada targets Abramovich company for Ukraine sanctions seizure

Government plans to seize US$26m from Granite Capital Holdings, owned by sanctioned former Chelsea FC owner

StockNews.com · Dec 19, 2022

1 Auto Stock Hedge Fund Managers Are Buying Right Now

Several hedge funds have increased their position in the Netherlands-based auto company Stellantis (STLA). Some hedge funds have also opened new positions in the stock. Hence, this stock might be a solid addition to your portfolio now. Read on….

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Daily Mirror · Dec 17, 2022

Kwasi Kwarteng 'champagne reception' with bankers missing from published diary

Officials have been asked to explain why the notorious reception - on the night of his disastrous mini-budget - was left off his list of ministerial meetings. As, crucially, was the guest list.

The Independent UK · Dec 16, 2022

Carolina Panthers settle failed practice site for $100M

A federal judge has approved a bankruptcy settlement of about $100 million over Carolina Panthers owner David Tepper’s failed plan to build a practice facility for his NFL team in South Carolina

Fortune · Dec 16, 2022

The chief investment officer at the world’s biggest hedge fund says we’re headed for a recession that’s ‘double the normal length’—and it has a lot to do with China

“You have this long grind that’s probably a couple years.”

Los Angeles Times · Dec 15, 2022

Eight finance influencers indicted in $100 million stock manipulation scheme

The promise was simple: Follow them and get rich.

The Independent UK · Dec 14, 2022

US charges 8 in social media 'pump-and-dump' stock scheme

The government has charged eight men of earning more than $100 million in illicit stock market profits by manipulating their novice-investor followers on social media

The Independent UK · Dec 14, 2022

NYU names new building after hedge fund leader John Paulson

Ten years after receiving it, New York University publicized a $100 million gift from the hedge fund leader John Paulson

Chicago Tribune · Dec 14, 2022

Billionaire Ken Griffin sues IRS over leaked tax records

Multibillionaire Ken Griffin filed a lawsuit against the IRS Tuesday alleging the agency violated his right to privacy after investigative journalism outlet ProPublica reported in April on the tax records of the Republican megadonor and former Chicagoan.

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