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U.S. to announce charges against former Goldman bankers for 1MDB: WSJ
The U.S. Justice Department is set to announce multiple criminal charges on Thursday against two former Goldman Sachs Inc bankers and Malaysian financier Jho Low tied to the Malaysia 1MDB sovereign wealth fund scandal, the Wall Street Journal reported......»»
The Wall Street Journal: 2 ex-Goldman bankers indicted by Justice Dept. in Malaysian 1MDB scandal
Two senior Goldman Sachs bankers allegedly paid bribes and stole and laundered money from a Malaysian sovereign-wealth fund, U.S. prosecutors said, putting the bank at the center of one of the biggest financial frauds in history......»»
The Wall Street Journal: Gulfport Energy CEO resigns after unauthorized use of credit card, private jet
Gulfport Energy Corp.’s chief executive has stepped down following a company review that found he had made personal charges to a company credit card and used Gulfport’s chartered aircraft without permission......»»
The Wall Street Journal: Huawei CFO Meng Wanzhou granted bail by Canadian judge
A Canadian judge grants bail to Huawei Technologies Co. finance chief Meng Wanzhou, setting the stage for a new confrontation with China as the U.S. seeks the executive’s extradition to face charges over violating Iran sanctions......»»
The Wall Street Journal: Plantronics settles unit’s foreign-bribery allegations for $36 million
Plantronics Inc. on Wednesday settled U.S. allegations of foreign-bribery violations at its Polycom unit, agreeing to pay $36 million in penalties while authorities declined to bring charges......»»
The Wall Street Journal: Facebook to work with German government to combat election interference
Facebook Inc. Chief Operating Officer Sheryl Sandberg said the company will work with the German ministry for information security in a broad effort to guide policy here and throughout Europe on election interference......»»
The Wall Street Journal: Goldman says 1MDB scandal could hit pay for top execs, including Lloyd Blankfein
The scandal around a corrupt Malaysian investment fund could cost former Goldman Sachs Group Inc. chief Lloyd Blankfein, and other Goldman executives, millions of dollars in pay, the bank said Friday......»»
Finding The Next Apple Using Buffett"s Logic
Finding The Next Apple Using Buffett's Logic Authored by Michael Lebowitz via RealInvestmentAdvice.com, On the heels of Apple’s latest earnings report, the Wall Street Journal shared an ar.....»»
The Wall Street Journal: Emergent CEO says company made over 100 million doses of J&J vaccine, apologizes for contaminated batch
Emergent BioSolutions Inc. has made enough of a key ingredient to yield more than 100 million doses of Johnson & Johnson’s Covid-19 vaccine, and federal health regulators are evaluating whether to release the shots, Emergent’s chief executive said......»»
The Wall Street Journal: NBC News chief pushes streaming and bets on post-Trump story lines
Since taking over as chief of NBCUniversal News Group last year, Cesar Conde has made it clear he wants the division to place a bigger bet on streaming......»»
The Wall Street Journal: Apple says it will let Parler back onto the App Store
Apple Inc. plans to make the social-media app Parler available through its App Store again, the computer and smartphone company said in a letter to lawmakers on Monday......»»
Here"s How Much Apple Pays The Music Right Holder Each Time You Stream A Song
Apple Inc. (NASDAQ: AAPL) has disclosed it pays music-rights holders a penny per stream, the Wall Street Journal reported Friday. read more.....»»
The Wall Street Journal: Top CEOs signal they won’t back down from defense of voting rights
Dozens of chief executives and other senior leaders gathered on Zoom this weekend to plot what several said big businesses should do next about new voting laws under way in Texas and other states......»»
The Wall Street Journal: LG calls it quits on smartphones; will halt production, sales by July 31
LG Electronics Inc. will exit its unprofitable smartphone business after years of struggling to compete with industry leaders Apple Inc. and Samsung Electronics Co., as well as fast-growing Chinese rivals......»»
Carl Icahn names a former GE executive as CEO of Icahn Enterprises: WSJ
Icahn Enterprises current CEO Keith Cozza and chief financial officer SungHwan Cho are leaving the firm, according to the Wall Street Journal. Carl .....»»
The Wall Street Journal: Facebook drops bid to build underwater fiber-cable link to Hong Kong
A Facebook Inc. consortium withdrew its bid to build a new internet conduit between California and Hong Kong after months of pressure from U.S. national-security officials, the latest sign of a deepening rift between the two governments......»»
The Wall Street Journal: Trump told chief elections investigator in Georgia she’d be ‘praised’ if ‘the right answer comes out’
Then-president urged the chief investigator from the Georgia secretary of state’s office in a December call to look for fraud in Fulton County while auditing neighboring Cobb County......»»
The Wall Street Journal: Texas overcharged $16 billion for power during last month’s crisis, monitor says
An independent market monitor said the Texas power-grid operator made a critical mistake that resulted in $16 billion in electricity overcharges last month, and recommended that the charges be reversed......»»
The Wall Street Journal: Elon Musk says Tesla’s Fremont plant is running again after brief shutdown
Tesla Inc. Chief Executive Elon Musk said the company paused activity at its lone U.S. car plant in Fremont, Calif., because of parts shortages but has restarted operations......»»