Legal & Regulatory

Donald Trump's Social Media Deal Greenlighted by SEC — And It Could Make Him a Fortune

Donald Trump's Social Media Deal Greenlighted by SEC — And It Could Make Him a Fortune

The US Securities and Exchange Commission (SEC) has given the green light for former President Donald Trump's media and technology firm to merge with the blank-check acquisition company Digital World Acquisition Corp.


Pfizer Agrees to Pay $93 Million to Settle Lipitor Cholesterol Drug Antitrust Lawsuit

Pfizer has agreed to pay $93 million to resolve antitrust claims by wholesale drug distributors accusing the pharmaceutical giant of conspiring with India's Ranbaxy Laboratories to delay the sales of cheaper versions of the cholesterol drug Lipitor.

Elon Musk's Rocket Company SpaceX Changes Location of Incorporation From Delaware to Texas

Elon Musk's rocket company, SpaceX, has changed the location of its business incorporation from Delaware to Texas.

Biden Administration Wants to Extend Anti-Money Laundering Regulations to Investment Advisers

The Biden administration wants to require investment advisers to detect and report suspected money laundering to the government.


Latest News

Elon Musk's X Sued by Its San Francisco HQ Landlord for $13.6 Million, While SpaceX Fined After a Worker Accident
Elon Musk's X, formerly known as Twitter, is facing a lawsuit from the landlord of its San Francisco headquarters who seeks $13.6 million to refill a line of credit after the company allegedly failed to pay rent.
Paramount Global Is Laying Off About 800 Workers: Report
As the media firm looks for ways to cut costs and increase earnings this year, Paramount Global is reportedly laying off approximately 800 employees, or about 3% of its workforce.
Bitcoin Money Launderer, Who Used Fake Churches as False Fronts in Romance Scams, Ordered to Pay Over $3.5M to Elderly Victims
Bitcoin money launderer Ian Freeman has been ordered to pay over $3.5 million in restitution to 29 primarily elderly victims.
Elon Musk Doubted Ukraine's Ability to Win Its War With Russia, Says 'There Is No Way in Hell' Vladimir Putin Could Lose
Tech billionaire Elon Musk has doubted Ukraine's ability to win its war with Russia as he believes that Russian President Vladimir Putin would not lose the battle.
Uber, Lyft, DoorDash Drivers to Hold Nationwide Strike on Valentine's Day to Demand Better Pay
Thousands of Uber, Lyft, and DoorDash drivers are gearing up for a nationwide strike on Valentine's Day to demand fair pay.
Genetic Testing Company 23andMe Is Facing More Than 30 Lawsuits: Here's What to Know
Genetic testing and biotechnology company 23andMe is facing numerous challenges, including more than 30 lawsuits.
Elon Musk Brings 3-Year-Old Son to the Super Bowl Hours After Judge Orders Him to Testify in SEC's Twitter Probe
A federal judge in California has ordered tech billionaire Elon Musk to testify again in the US Securities and Exchange Commission's (SEC) investigation of his $44 billion takeover of Twitter.
Jeff Bezos Sells Nearly 12 Million Amazon Shares Worth Over $2 Billion
Amazon founder Jeff Bezos has disclosed his sale of nearly 12 million shares of the company's stock, amounting to a massive value of over $2 billion.
Biden Administration Confirms Using Terms Like 'Trump,' 'MAGA,' and 'Kamala' in Private Bank Transaction Searches
The Biden administration has acknowledged that terms such as "MAGA," "Trump," and "Kamala" were among those flagged for scrutiny in the government's call for banks to monitor private financial transactions after the US Capitol attack.
Chinese Retailer Temu Returns to Super Bowl for a New Ad, But US Lawmakers Are Against It —Why?
Chinese e-commerce platform Temu is making a comeback to the Super Bowl advertising arena, stirring up controversy among US lawmakers who urged Paramount Global and CBS not to air its commercial.
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