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2023-06-18 18:54
Short-Seller Jim Chanos to Shut Hedge Funds After 38-Year Run
Jim Chanos, the legendary short-seller known for his bearish bets against Enron and Tesla Inc., is shuttering his
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Alex Jones Needs Sandy Hook Families’ Approval to Exit Bankruptcy
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2023-11-28 06:47
Tottenham owner Joe Lewis indicted in the US for ‘brazen insider trading scheme’
Tottenham owner Joe Lewis has been indicted in New York for “orchestrating a brazen insider trading scheme”, a US attorney said. Damian Williams, the US attorney for the Southern District of New York, said in a video released by his office: “Today I’m announcing that my office, the Southern District of New York, has indicted Joe Lewis, the British billionaire, for orchestrating a brazen insider trading scheme. “We allege that for years Joe Lewis abused his access to corporate boardrooms and repeatedly provided inside information to his romantic partners, his personal assistants, his private pilots and his friends. “Those folks then traded on that inside information and made millions of dollars in the stock market, because thanks to Lewis those bets were a sure thing.” Mr Williams described Lewis’s behaviour as “classic corporate corruption”. He said: “Now, none of this was necessary. Joe Lewis is a wealthy man. But as we allege, he used inside information as a way to compensate his employees or to shower gifts on his friends and lovers. “That’s classic corporate corruption. It’s cheating, and it’s against the law. Laws that apply to everyone, no matter who you are. “That’s why Joe Lewis has been indicted and will face justice here in the Southern District of New York.” Lewis, 86, is the founder and primary investor of Bahamas-based investment firm Tavistock Group. He bought a controlling stake in the Premier League club from Lord Sugar in 2001 for £22million.
2023-07-26 07:45
Tsinghua Unigroup to expand globally, SE Asia a target - chairman
BEIJING (Reuters) -Chinese state-owned semiconductor conglomerate Tsinghua Unigroup plans to accelerate its international expansion, with Southeast Asia an important target
2023-09-06 14:45
Sanctioned Crypto Mixer Tornado Cash Hijacked By Hackers
Tornado Cash, a service that allows users to mask cryptocurrency transactions, suffered a hostile takeover by hackers through
2023-05-21 18:23
Woman Discovers Over $86 Million Mistakenly Deposited in Her Bank Account
A client of Malaysia’s biggest bank recently discovered that her bank balance had mysteriously increased to more than
2023-12-01 16:46
Recalled pillows linked to 10 infant deaths still being sold on Facebook Marketplace, US agency says
Federal safety regulators are urging consumers to stop using baby pillows that have been linked to 10 infant deaths but are still being sold on Facebook Marketplace, despite being recalled two years ago
2023-06-07 05:18
Amundi Says China Wealth Business Is Rebounding From Setbacks
Amundi SA’s onshore Chinese wealth management business is improving “significantly” this year after facing very challenging conditions in
2023-05-09 13:59
Philippines Says in Talks With Vietnam, India for Rice Imports
The Philippines is in talks to import rice from Vietnam and India as the Southeast Asian nation seeks
2023-08-12 11:16
Bunge CEO Says Viterra Deal Won’t Lead to Worker Cull
Bunge Ltd.’s boss says the agricultural trader’s deal to buy Glencore-backed Viterra won’t lead to a cull of
2023-06-14 03:56
Biden uses clips of Marjorie Taylor Greene speech for new campaign ad
President Joe Biden on Tuesday posted a campaign ad promoting his legislative wins by using clips from a recent speech GOP Rep. Marjorie Taylor Greene gave at the Turning Point Action Conference where she compared Biden to Franklin D. Roosevelt and Lyndon B. Johnson.
2023-07-19 21:54
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