Page 5 - Us Sec

Coinbase to suspend XRP cryptocurrency trading after lawsuit against Ripple

In light of the recent US action against Ripple, cryptocurrency exchange Coinbase on Tuesday said it will suspend trading in XRP cryptocurrency from January 19

Price of world's 3rd largest cryptocurrency XRP crashes after lawsuit

The value of XRP crashed over 40% after the US SEC charged associated blockchain firm Ripple with conducting a $1.3 billion unregistered securities offering

Robinhood to pay $65 million to settle SEC charges of misleading customers

The case involves disclosures from 2015 to late 2018 by a Robinhood unit, according to a Thursday SEC statement

US market regulator threatens stock market ban for Chinese companies

This comes amid China's refusal for review audits of Alibaba, Baidu and others

Sun Pharma's Q2 net profit rises 70% on one-time tax credit

Revenues remain flat, sequential improvement in India and US revenues

Airbnb confidentially files for IPO as short-term rental market rebounds

The move underscores a rebound in parts of the travel industry, which was battered this year by restrictions and shutdowns due to the Covid-19 pandemic

US regulator SEC probes ICICI Bank for asset classification gaps

Bank says allegations weren't material to financial statements for FY20

Potential Kodak deal paused until insider trading 'allegations are cleared'

Recent allegations of wrongdoing raise serious concerns, says the US government department

Donald Trump bans WeChat, TikTok, stoking tension with Beijing

He calls these apps 'significant threats'; executive order will come into effect in 45 days

Trump admin proposes delisting of Chinese firms failing to meet audit norms

The latest move of Trump Administration is part of its effort to crackdown on Chinese companies

Jeff Bezos sells 1 mn Amazon shares worth $3.1 bn after fortune surges

The disposals, disclosed Wednesday in Securities and Exchange Commission filings, adds to a $4.1 billion sale earlier this year

PR disaster to investors' darling: How the year turned around for Elon Musk

Tesla Inc., his electric car-maker, recently celebrated its fourth straight quarter of profit and may soon join the S&P 500 Index

Eastman Kodak top executive got Trump deal windfall on an 'understanding'

The decision to grant Continenza options was never formalized or made into a binding agreement, which is why it was not disclosed previously

Yatra terminates Rs 2,300-cr merger pact with US software firm Ebix

Demands substantial damages due to alleged breach of agreement

Franklin Templeton MF says examining Gujarat HC order of staying e-voting

The e-voting window was scheduled to open on June 9 and close on June 11 and the unit holders' meeting through video conferencing was to be held on June 12

Covid-19: Quarter of Genpact staff to continue working from home, says CEO

This will mark a shift in an industry that is widely thought of as being used to working from a fixed workplace.

Covid-19 crisis: Wipro sees short-term impact on gross profit margin

In a filing with the US Securities and Exchange Commission, the Bengaluru-headquartered firm, however, said that the impact couldn't be accurately predicted as the pandemic is yet to recede.

Elon Musk's bizarre tweet wipes $14 billion off Tesla market value in hours

The tweet saying that Tesla stock was "too high" also knocked $3 billion off Musk's own stake in the electric carmaker

Clean chit for Infosys from US SEC on whistleblower case, stocks gain 16%

In an exchange filing, the company said that the US regulator has concluded the investigation

Whistleblower case: SEC concludes probe; no action expected, says Infosys

In October last year, Infosys had informed stock exchanges of having received anonymous whistleblower complaints alleging certain unethical practices by the top management