Lawsuit: SEC Collecting Data on US Stock Market Investors

A new lawsuit alleges that the U.S. Securities and Exchange Commission (SEC) has been illegally tracking the data of Americans who have invested in the stock market. The lawsuit, filed by the New Civil Liberties Alliance last week in Texas, claims that the agency has been illegally collecting data through the “Consolidated Audit Trail” program … Read more

Pro-China party wins landslide victory

Maldives’ President Mohamed Muizzu casts his ballot during the country’s parliamentary election, in Male on April 21, 2024. The Maldives votes in a parliamentary election likely to test Muizzu’s tilt towards China and away from India, the luxury tourism hotspot’s traditional benefactor. Mohamed Afrah | Afp | Getty Images Maldives President Mohamed Muizzu’s ruling pro-China … Read more

UnitedHealth paid ransom to bad actors, says patient data compromised

Omar Marques | Lightrocket | Getty Images UnitedHealth Group on Monday said it paid ransom to cyberthreat actors to try and protect patient data, following the February cyberattack on its subsidiary Change Healthcare. The company also confirmed that files containing personal information were compromised in the breach. “This attack was conducted by malicious threat actors, and we … Read more

Tesla shares fall to 15-month low after price cuts and layoffs

Tesla shares fell for a seventh straight day, reaching their lowest since January 2023, as further price cuts over the weekend added to mounting concerns heading into the company’s first-quarter earnings report Tuesday. The stock dropped 3.4% on Monday to close at $142.05, bringing its decline for the year to 43%, second worst among members … Read more

The Daily Beast’s Hiring a Full-time Lauren Sánchez Reporter

Lauren Sánchez has found herself in the public eye, thanks to her high-profile engagement to Amazon founder and billionaire Jeff Bezos — and now one national news outlet is looking for a specialized reporter to cover her every move. The Daily Beast announced that it is looking to hire a full-time senior reporter to cover … Read more

Delta Air Lines gives staff another 5% raise, hikes starting wages

Delta Air Lines jets are seen on a taxiway at Hartsfield-Jackson Atlanta International Airport in Atlanta on Dec. 22, 2021. Elijah Nouvelage | Reuters Delta Air Lines said it is raising staff pay by another 5% this year as the country’s most profitable airline prepares for the busy summer travel season. The pay increase, which … Read more

UAW VW organizing drive: What investors should know

Volkswagens are seen in the employee parking lot at the Volkswagen automobile assembly plant on March 20, 2024 in Chattanooga, Tennessee. Elijah Nouvelage | Getty Images DETROIT – The United Auto Workers notched a big win this weekend. Volkswagen workers in Chattanooga, Tennessee, overwhelmingly voted in favor of joining the UAW late Friday – marking … Read more

Activist investor Jana has stake in Wolfspeed, urges sale

Scott Ostfeld, managing partner and portfolio manager with JANA Partners LLC., speaks during the 13D Monitor’s Active-Passive Investor Summit in New York City, U.S., October 17, 2023.  Brendan Mcdermid | Reuters Activist investor Jana Partners disclosed in a letter Monday that it has built a “significant” position in semiconductor manufacturer Wolfspeed and urged the company … Read more

European Union threatens to suspend TikTok Lite’s rewards program

This photograph taken on April 11, 2024, in Paris, shows the logo of the Chinese social network application TikTok Lite displayed in Apple’s App Store. The social network TikTok, owned by the Chinese company ByteDance, has launched a new application in France and Spain, called TikTok Lite, which allows its users to get paid by … Read more

Emirates Airline CEO issues apology after Dubai flood chaos

People queue at a flight connection desk after a rainstorm hit Dubai, causing delays at the Dubai International Airport, United Arab Emirates, April 17, 2024.  Rula Rouhana | Reuters The CEO of Emirates Airline issued an apology letter to customers over the weekend after historic rains in the United Arab Emirates caused record flooding and … Read more