NJ couple indicted in $2.3M Ponzi scheme used investor money to buy mansion
TRENTON, N.J. — A Middlesex County couple has been indicted by a state grand jury for allegedly orchestrating a Ponzi-style fraud that siphoned more than $2 million from investors through false promises…
Venator Materials’ investor pushes for board change amid plummeting stock price
By Svea Herbst-Bayliss NEW YORK (Reuters) -An investor with a large stake in Venator Materials Plc has asked for board seats, criticizing the chemical company’s poor financial performance and a 96% drop…
BlockFi says it repaid investor $15 million to settle over crypto crash
By Dietrich Knauth (Reuters) – Executives of bankrupt crypto lender BlockFi Inc have repaid an investor $15 million to settle a threatened lawsuit over the company’s cratering equity value in summer 2022,…
Investor Ubben takes 0.8% stake in Bayer, boosting share price
FRANKFURT (Reuters) – Activist investment fund Inclusive Capital Partners, run by hedge fund veteran Jeffrey Ubben, said on Monday it had acquired a 0.83% stake in Bayer, as the German drugs and…
Euro zone investor morale rises for third consecutive month
FRANKFURT (Reuters) – Investor morale in the euro zone picked up for a third consecutive month in January to its highest level since June 2022, but remained in negative territory reflecting a…
Investor in Musk’s Twitter buyout expects to make up to five times its money
By Milana Vinn (Reuters) – Aliya Capital Partners LLC, one of the biggest investors that joined Elon Musk’s $44-billion acquisition of Twitter Inc, said on Tuesday it expects to make up to…
Senator Warren, Tesla investor turn up heat over Musk’s Twitter role
By David Shepardson and Hyunjoo Jin WASHINGTON/SAN FRANCISCO (Reuters) – Senator Elizabeth Warren, a longtime critic of Tesla Inc boss Elon Musk, on Monday raised concerns that the automaker’s board had failed…
Elon Musk’s team seeks new funding for Twitter – investor
By Hyunjoo Jin (Reuters) -Elon Musk’s team has reached out to investors to raise new funds for his struggling social media platform Twitter, one of the investors said. Ross Gerber, president and…
Analysis-Britain takes fight to restore investor faith into 2023
By Sinead Cruise, Kate Holton and Dhara Ranasinghe LONDON (Reuters) – Major investors are rethinking their support for Britain’s economy following months of political turmoil and persistent Brexit uncertainties, as experts predict…
Investor group launches campaign to help companies protect nature
MONTREAL (Reuters) – Here’s the plan: Select 100 companies whose business burdens nature. Then, offer advice on how to lighten their impact and monitor their progress. Such is the vision of a…
U.S. energy envoy Hochstein calls investor hostility to shale drilling “un-American” -FT
(Reuters) – U.S. energy envoy Amos Hochstein described the refusal of the country’s shale investors to ramp up drilling as “un-American” in an interview with the Financial Times on Sunday. “I think…
Blackstone may slow the launch of private equity fund after investor withdrawals -FT
(Reuters) – Blackstone Inc has warned of possible delays to the launch of a new private equity fund designed for wealthy individuals, as it copes with heavy investor withdrawals at two other…
Twin Cities House-Flipper Sentenced to Nearly 5 Years in Prison for $3 Million Investor Fraud Scheme
MINNEAPOLIS – A Twin Cities house-flipper was sentenced to 58 months in prison, followed by two years of supervised release, and ordered to pay $1,661,407.50 in restitution, announced U.S. Attorney Andrew M.…
Telecom Italia sounds out investor interest as govt reviews network options
By Elvira Pollina and Giuseppe Fonte MILAN (Reuters) – Telecom Italia (TIM) is exploring investors’ interest in buying into its assets, sources familiar with the matter said on Friday, as officials within…
Hudson County Real Estate Investor Admits Multi-Year Mortgage Fraud Scheme
NEWARK, N.J. – A Hudson County, New Jersey, real estate investor has admitted conspiring to orchestrate a fraudulent home equity line of credit scheme that led to over $400,000 in losses, U.S.…
Euro zone investor morale rises to highest since June
BERLIN (Reuters) – Investor morale in the euro zone rose this month to its highest level since June on hopes that mild winter weather and sufficient gas in storage may lessen the…
CNBC’s Andrew Ross Sorkin Confronts Disgraced Crypto CEO With Scathing Letter From Investor
CNBC’s Andrew Ross Sorkin Confronts Disgraced Crypto CEO With Scathing Letter From Investor John Hugh DeMastri on November 30, 2022 CNBC anchor and financial journalist Andrew Ross Sorkin opened a Wednesday interview…
Shares set for weekly gain, Treasury yields fall as investor optimism continues
By Kevin Buckland TOKYO (Reuters) – European stocks were on track for a sixth successive week of gains on Friday and government bond yields globally traded near multi-week lows as investors reacted…
Investor Who Pumped Millions Into Bankrupt Crypto Exchange Says There Was ‘Nothing’ They Could Have Done Differently
Investor Who Pumped Millions Into Bankrupt Crypto Exchange Says There Was ‘Nothing’ They Could Have Done Differently John Hugh DeMastri on November 18, 2022 Doug Leone, billionaire venture capitalist at investment firm…
Tech investor Draper sours on China, says it has left the free market
TAIPEI (Reuters) – China is no longer a place to invest and has left “the free market” under President Xi Jinping, said U.S. venture capitalist Tim Draper, an early investor in Elon…
Analysis-FTX meltdown sparks investor rethink of battered crypto market
By Gertrude Chavez-Dreyfuss and Elizabeth Howcroft NEW YORK/LONDON (Reuters) – A week of turmoil culminating in major crypto exchange FTX filing for bankruptcy has left investors questioning the viability of a sector…
Concord Man Pleads Guilty to Defrauding Investor
BOSTON – A Concord man pleaded guilty yesterday in federal court in Boston to defrauding an investor of $72,000. Eric Lyons, 52, pleaded guilty to one count of investment advisor fraud before…
Meme stock rally could be sign that investor appetite for risk is returning
By David Randall NEW YORK (Reuters) – Rallies in Getty Images Holdings Inc, Revlon Inc, Tilray Brands Inc and other so-called meme stocks on Monday may be another sign that investors’ appetite…
Credit Suisse under investor scrutiny ahead of business overhaul
By Vincent Flasseur and Davide Barbuscia (Reuters) – Credit Suisse Group AG is set to announce a major strategic overhaul on Thursday after a string of losses and risk management failures have…
Jack in the Box Names New Vice President of Investor Relations
Chris Brandon 14-year franchise restaurant industry veteran Chris Brandon, IRC, to join company June 7 San Diego, CA (RestaurantNews.com) Jack in the Box Inc. (NASDAQ: JACK) continues the strategic transformation of its…
Tod’s investor repeats criticism of Della Valles’ bid as offer nears end
By Elisa Anzolin MILAN (Reuters) – Tod’s investor Tabor Asset Management has sent a second letter to complain the price set by the founding family of the Italian luxury shoemaker in its…
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