Paragon Technologies Board Sued Over 'Coup' by Ousted Chairman
Two Paragon Technologies Inc. directors staged a board “coup,” forced out its chairman, and adopted illegal bylaws insulating them from the ordinary levers of corporate governance, according to a ...
Invesco Advisers’ ESG Claims Draw $17.5 Million SEC Fine
Invesco Advisers Inc. will pay a $17.5 million fine to settle US Securities and Exchange Commission allegations that it misled clients about the share of company-wide assets under management that ...
Boeing Is Said to Weigh $6 Billion Sale of Navigation-Aid Unit
Boeing Co. is exploring a sale of its Jeppesen navigation unit as the planemaker draws up a list of assets it could shed to help lighten its $58 billion debt load, according to people familiar with ...
Nursing Home Firm Founders Lose Billions as Hindenburg Takes Aim
Shares of recently debuted nursing home operator, PACS Group Inc., plunged this week in a sharp reversal that erased around $2.5 billion from its cofounders’ fortunes.
Invesco Advisers’ ESG Claims Draw $17.5 Million Fine From SEC
From 2020 to 2022, Invesco told clients that between 70% and 94% of parent company Invesco Ltd.’s AUM were “ESG integrated.” ...
Zuora Sidesteps Bylaw Litigation That Targeted $1.7 Billion Deal
A Zuora Inc. investor dropped his court challenge to an anti-activist bylaw after unsuccessfully pivoting to target the software company’s $1.7 billion sale to Silver Lake, according to a court filing ...
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TikTok Hopes for Lifeline From Trump, Who Once Favored Ban
Some TikTok staff and creators, bracing for a potential ban of the popular video-sharing platform as soon as January, have come to see President-elect Donald Trump as a possible savior. Trump, who has ...
Trump Victory Adds $1.3 Billion Gain to Renewables Short Bets
This week’s selloff in renewable energy stocks following Donald Trump’s election victory has been a boon for short sellers ...
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Executives See More Media Deals, Less Regulation Under Trump
Media executives see the possibility for more mergers and deregulation enabling the growth of broadcast and TV empires with the election of Republican Donald Trump to the US presidency. Warner Bros.
Super Micro Bosses Face New Investor Suit Over Accounting Woes
Super Micro Computer Inc. leaders misled investors with positive statements about the server maker’s financial performance ...
NYC Congestion Pricing Faces Urgent Deadline With Trump Victory
New York is running short on time to implement congestion pricing in Manhattan after the election of Donald Trump, who opposes the novel tolling initiative.
TikTok Ordered to Close Canada Unit Due to National Security (1)
Canada ordered ByteDance Ltd. to wind up its subsidiary in the country, though the move will not stop Canadians from using ...