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The SEC asked a New York judge to impose $5.3 billion in fines against Terraform Labs and Do Kwon to resolve the civil fraud case against them. The regulator says the fines are a “conservative” but “reasonable approximation” of Terraform and Kwon’s “ill-gotten gains” from…
E.W. Scripps, one of the largest local TV broadcasters in the U.S., has hired a financial advisor to evaluate inbound interest in acquiring Bounce TV, its over-the-air network geared toward African Americans, according to Scripps CEO Adam Symson.The sale process comes after Paramount Global shopped around Black entertainment company BET…
Judge Juan Merchan appeared poised on Tuesday to sanction Donald Trump for violating the gag order in his criminal hush money case after peppering the former president’s lawyers with questions about why Trump’s social media posts were acceptable. Tuesday began with a hearing on Trump’s 10 alleged violations of the gag order,…
Following the historic UFC 300 pay-per-view card, the UFC took a short break. That break ends on Saturday when the promotion moves from T-Mobile Arena to the UFC Apex for this weekend’s UFC Vegas 91 fight card, which takes place on April 27. The main event of UFC Vegas 91…
India just became the one of the latest jurisdictions to propose legislation outlawing the practice of greenwashing, or the act of engaging in false or misleading advertising of the environmental merits of certain products or services. With the proposal, it joins the European Union (EU), the United States (US), UK…
Leon Cooperman, a billionaire Columbia donor, weighed in on the crisis on the University’s campus.He called the student protesters ignorant, though expressed his support for the school’s president.Unlike megadonor Robert Kraft, Cooperman said he’s not pulling his donations. Wall Street titan Leon Cooperman is the latest billionaire to weigh in…
Why is Argentina mandating crypto service provider registration, and how will this…
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Tesla is eliminating 3,332 jobs across the state of California, and 2,688…
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The Biden administration is preparing a new aid package for Ukraine that is expected…
POLITICS
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The Justice Department has reached a $138.7 million settlement with more than 100 victims of disgraced former USA Gymnastics team doctor Larry Nassar over the FBI’s initial failures in investigating the sexual assault case. More than 150 women and girls, including Olympic athletes, have alleged that Nassar sexually abused them under the guise of performing medical treatments. The FBI failed to investigate their claims, the victims say. Nassar, who was convicted of sexually abusing young athletes under the guise of medical treatment, was sentenced in a Michigan state court to up to 175 years in prison. “For decades, Lawrence Nassar abused his position, betraying…
Documents found on a North Korean server suggest US studios may have unknowingly outsourced animation work Images and video found on a North Korean server and shared with CNN appear…
While speaking to reporters before heading into court, former President Donald Trump said that the amount of security surrounding the courthouse, where his hush money trial is underway, is preventing…
Judge Juan Merchan will consider whether to fine Donald Trump for repeatedly violating the gag order barring the former president from publicly discussing witnesses or jurors in the criminal hush…
Markets
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By Echo Wang(Reuters) – Donald Trump is set to secure on Tuesday a stock bonus worth $1.3 billion from the…
Finance
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Houston’s basic-income program faces shutdown after Texas’ attorney general labels it “unconstitutional.”The program offers 18 monthly payments of $500 to low-income families for housing and groceries.Uplift…
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UBS noted a shift in sentiment among option market players regarding palladium…
Investing
Key News Asian equities were largely higher as Hong Kong and Singapore outperformed while Mainland China was off. Hong Kong-listed growth and technology stocks powered higher following a strong day for their US-listed counterparts yesterday. Hong Kong’s most heavily traded stocks by value were Tencent, which gained +3.75% after purchasing…
Economy
Apple stock has had a lackluster 2024 so far — dropping over…
Fintech
The Biden administration issued a final rule on Tuesday that cracks down…
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