What Trump’s election win means for Google antitrust cases — and the tech industry

What Trump’s election win means for Google antitrust cases — and the tech industry

Donald Trump’s White House win could have a major impact on antitrust regulation and US policy toward the tech sector — including a pair of pending Justice Department cases against Google. Trump — a longtime Google critic who has accused the search giant of political bias and election interference — has nevertheless expressed reluctance to … Read more

‘Big Four’ accounting firm fires staffers for taking multiple online trainings at a time

‘Big Four’ accounting firm fires staffers for taking multiple online trainings at a time

EY fired dozens of US staffers for taking multiple online training courses at a time, according to a report. The “Big Four” accounting firm claimed the employees had cheated, while staffers said the incident was just a result of the task-heavy work culture encouraged by the firm.  The company terminated employees last week after an … Read more

The crypto exec in the running to replace SEC’s Gensler under Trump: report

The crypto exec in the running to replace SEC’s Gensler under Trump: report

A top Robinhood executive has emerged as the leading contender to front the Securities and Exchange Commission if Donald Trump wins the presidency and ousts SEC Chair Gary Gensler, according to a report. Dan Gallagher – Robinhood’s chief legal officer and a former SEC commissioner – is believed to be the Republican nominee’s top pick, … Read more

Crypto Advocate Mark Cuban Eyes Replacing Gary Gensler As SEC Chair

Crypto Advocate Mark Cuban Eyes Replacing Gary Gensler As SEC Chair

Billionaire Mark Cuban, who has said a vast majority of his investments not poured into “Shark Tank” are on cryptocurrencies, has taken on various roles, including being a television presenter and a former principal owner of the NBA’s Dallas Mavericks. These days, he just wants to be the next chairman of the U.S. Securities and … Read more

6 credit rating agencies to pay over $49M over recordkeeping failures: SEC

6 credit rating agencies to pay over M over recordkeeping failures: SEC

Six credit rating agencies agreed to pay a total of more than $49 million in civil penalties to settle U.S. Securities and Exchange Commission charges they broke recordkeeping rules, the regulator said on Tuesday. Moody’s Investors Service, S&P Global Ratings, Fitch Ratings, HR Ratings de Mexico, A.M. Best Rating Services and Demotech each admitted to … Read more

Starbucks’ interim boss sells $341K in stock after surprise CEO shuffle

Starbucks’ interim boss sells 1K in stock after surprise CEO shuffle

Starbucks’ interim chief executive cashed in more than $341,000 in company stock on news that the java giant tapped Chipotle’s CEO Brian Niccol to replace its embattled boss Laxman Narasimhan, security filings show. Rachel Ruggeri — the Seattle-based coffee chain’s chief financial officer who will be its interim CEO until Niccol officially takes the reins … Read more

Billionaire Investor Warren Buffett Scoops Up Over 7 million Stocks of This Oil Company in Two Weeks

Billionaire Investor Warren Buffett Scoops Up Over 7 million Stocks of This Oil Company in Two Weeks

Warren Buffett’s Berkshire Hathaway is going heavy on oil and gas exploration and production company Occidental Petroleum (NYSE: OXY), having bought 7.26 million shares of the company at prices hovering around $60 since June 5, according to the Omaha-based company’s latest Form 4 filings with the US Securities and Exchange Commission. Buffett now holds 255.28 … Read more

Investing in Davido’s meme coin highly risky

Investing in Davido’s meme coin highly risky

The Securities and Exchange Commission (SEC), Nigeria’s capital market regulatory institution, has warned against investing in Davido’s meme coin, $Davido. Meme coins are cryptocurrencies inspired by internet jokes and memes. They often have a light-hearted or humorous theme, and social media hype and celebrity endorsements can heavily influence their value. The Grammy-nominated singer launched $Davido … Read more

What Does Greenwashing Mean in ESG Investing?

What Does Greenwashing Mean in ESG Investing?

Environmental, social, and governance (ESG) investing is a hot trend among millennials and GenZ. It is a strategy to invest in companies that rank high on measures of their environmental and societal metrics and governance practices. ESG investing backs companies prioritising the environment and human well-being in their daily operations. The financials of these firms … Read more

‘I Paid $1000 for a Financial Plan, Now My FA Won’t Answer My Calls’: What You Should Do

‘I Paid 00 for a Financial Plan, Now My FA Won’t Answer My Calls’: What You Should Do

Seeking financial advice has been a growing trend in the US since the onset of the pandemic, which caused a recession, volatility in the stock market, and rising living costs. These factors compelled many to sort out their finances by connecting with financial advisors. However, finding the right advisor can be challenging, even if you … Read more