San Francisco: A federal jury on Friday found Elon Musk liable for misleading Twitter shareholders by making two false or misleading statements in May 2022 about bot counts and pausing his $44 billion takeover, after a civil trial that began on March 2 and included in‑person testimony from Musk. The verdict...
Raleigh, North Carolina — North Carolina Attorney General Jeff Jackson and seven other state attorneys general filed suit Thursday seeking to block Nexstar’s proposed acquisition of Tegna, arguing the consolidation would raise cable and satellite bills and reduce independent local newsrooms across multiple states. Washington — The filing follows FCC and...
Doha, Qatar – A fire erupted this week at Ras Laffan Industrial City, which Qatar describes as the world’s largest liquefied natural gas (LNG) production hub, the Ministry of Interior said. Authorities confirmed the incident at the vast industrial complex but did not release information on possible casualties, the cause...
United States — Corporate issuers and small-cap public companies announced financing, results, dividends, and investor events this week. FLUENT amended a secured credit agreement on March 18, permitting a $6,000,000 draw with 13% PIK interest due December 31, 2026. Planet 13 scheduled fourth-quarter 2025 results release and a March 25...
United States — Several companies announced operational updates and financial events this week, including scheduled earnings calls, facility milestones, market expansions, and a litigation settlement. Mobilicom set a March 23 earnings release and call; Nano Dimension set a March 31 results call and filed Form 12b-25; TOMI expanded in Canada;...
Reston, Virginia. Five publicly traded companies this week reported quarterly results and guidance, with Science Applications International Corp. posting $85 million profit in fiscal Q4 and revenue of $1.75 billion; Green Dot, Assertio and Comtech reported quarterly losses; Semtech posted an adjusted-beating quarter despite a GAAP loss. Firms provided forward...
Greeley, Colorado. About 3,800 workers at the JBS meatpacking plant walked off the job Monday after contract negotiations with the United Food and Commercial Workers Local 7 failed. Union leaders said members authorized the strike by a 99% vote and alleged unfair labor practices including charges for replacement personal protective...
United States — Companies reported mixed fiscal results this week as several U.S. firms released quarterly earnings and guidance. Vera Bradley posted a $2.7 million fourth-quarter profit but an annual loss of $47.8 million. Dick’s Sporting Goods beat revenue and adjusted earnings estimates and provided full-year guidance. SentinelOne exceeded Street...
Washington — U.S. Trade Representative Jamieson Greer on Wednesday opened investigations under Section 301 into alleged excess industrial capacity and forced-labour links in 16 economies, including China, the European Union, India and Japan. The probe will examine policies that USTR officials say create production capacity disconnected from market demand and...
Washington. The Senate passed a bipartisan housing bill this week that aims to expand supply, curb large institutional ownership of single-family homes, and ease regulatory barriers. Senators approved the 21st Century ROAD to Housing Act 89-10 on March 12, advancing measures to limit investor holdings and incentivize construction. The bill...
