Tax credit for tech investors could triple under proposed New Jersey bill
TRENTON, N.J. — A new bill introduced in the New Jersey Senate would triple the state’s tax credit for investments in emerging technology startups, aiming to stimulate early-stage funding in smaller high-tech…
In virus-hit China, investors rush headlong into bonds and deposits
SHANGHAI – Chinese investors are shunning equity funds and piling into bonds, deposits and money market products, as stocks tumble and a gloomy economic outlook saps demand for risky assets. Money is…
EV Automaker Hailed As The ‘Next Tesla’ Is Hemorrhaging Cash And Investors
EV Automaker Hailed As The ‘Next Tesla’ Is Hemorrhaging Cash And Investors Thomas Catenacci on May 9, 2022 Start-up electric vehicle (EV) maker Rivian Automotive’s stock plummeted to fresh lows Monday as…
Battered U.S. stocks may not be bargains as investors brace for inflation data
By Lewis Krauskopf NEW YORK – U.S. stocks’ tumble this year is putting an increased focus on equity valuations, as investors assess whether recently discounted shares are worth buying in the face…
U.S. lawmakers ask firm for details on Trump hotel investors
WASHINGTON – Two House lawmakers have asked a Miami investment firm for more details on its planned purchase of former President Donald Trump’s Washington hotel rights, saying its failure to disclose all…
Occidental shareholders reject climate proposal from activist investors
By Sabrina Valle HOUSTON – Occidental Petroleum Corp shareholders on Friday voted against a proposal by activist investor group Follow This to extend the company’s current carbon emissions reduction targets. More than…
Santa Clarita Man Agrees to Plead Guilty to Securities Fraud for Bilking Investors Who Purchased Real Estate ‘Coupon Bonds’
LOS ANGELES – A Santa Clarita resident who invested in real estate and sold “coupon bonds” that promised regular interest payments on top of principal repayment has agreed to plead guilty…
Greenwich Resident Sentenced to 3 Years in Federal Prison for Defrauding Investors of Nearly $1.5 Million
Leonard C Boyle, United States Attorney for the District of Connecticut, announced that SAMUEL KLEIN, 66, of Greenwich, was sentenced today by U.S. District Judge Janet C. Hall in New Haven to…
Over 59 million shares reserved for anchor investors in LIC IPO
By Nupur Anand MUMBAI – The IPO of Life Insurance Corporation (LIC), India’s biggest insurer, has got off to a strong start, with 59.3 million shares that were set aside for anchor…
GRAB HOLDINGS SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Grab Holdings Limited – GRAB, GRABW
NEW ORLEANS, April 29, 2022 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until May 16,…
NATERA SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Natera, Inc. – NTRA
NEW ORLEANS, April 29, 2022 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until June 27,…
RIVIAN SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against Rivian Automotive, Inc.- RIVN
NEW ORLEANS, April 29, 2022 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until May 6, 2022…
LILIUM SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Lilium N.V. – LILM, LILMW
NEW ORLEANS, April 29, 2022 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until June 17,…
INNOVATIVE INDUSTRIAL SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Innovative Industrial Properties, Inc. – IIPR, IIPR-PA
NEW ORLEANS, April 29, 2022 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until June 24,…
Credit Suisse board has major investors’ backing – chairman
ZURICH – Credit Suisse’s roughly 10 key investors back the bank’s board and its strategy, Chairman Axel Lehmann told Swiss newspaper NZZ. While unhappy over the bank’s dwindling share price and money…
Analysis-U.S. bond investors worry deep slide will end 40-year bull market
By David Randall NEW YORK – The 40-year bull market in U.S. bonds is dead. Long live the bond bull market. The U.S. Treasuries market began 2022 with one of its biggest…
Robert Lenard Booth Convicted Of Defrauding Investors Of Nearly $2 Million
Damian Williams, United States Attorney for the Southern District of New York, announced today that ROBERT LENARD BOOTH, a/k/a “Trevor Nicholas,” was found guilty on all counts of a three-count Indictment that…
Berkshire investors nudge for better governance, social issues as meeting looms
By Carolina Mandl and Jonathan Stempel OMAHA, Neb. – Warren Buffett will face pressure to improve Berkshire Hathaway Inc’s environmental and social policies as well as governance when he meets shareholders this…
McDonald’s in the spotlight as investors seek details of lost Russia revenue
By Uday Sampath Kumar and Hilary Russ (Reuters) – McDonald’s is poised to take a bigger financial hit from the war in Ukraine and shuttered locations in Russia than any other major…
Benettons side with challenger Generali investors, aim to foster dialogue-source
MILAN – Italy’s Benetton family, a leading shareholder in Generali, has decided to side with other key investors in the insurer who are pushing for a change at the helm, a source…
Former Owner of Chrysler Dealerships in Lodi and Sonora Charged with Wire Fraud for Defrauding Investors
FRESNO, Calif. — On April 21, 2022, a federal grand jury returned an eight-count indictment against Vincent Elliot Porter, 73, of Oakdale, charging him with wire fraud, United States Attorney Phillip A.…
Wall Street’s big slide makes retail investors wary to ‘buy the dip’
By John McCrank NEW YORK – U.S. investors have apparently been losing their appetite to “buy the dip” during Wall Street’s recent slide, further eroding support for a market pummeled by worries…
Musk says you can’t save planet and short Tesla; ESG investors disagree
By Simon Jessop LONDON – Elon Musk may not like it, but environmental credentials still come second to profit and loss for the world’s sustainability-minded investors – even if that means “short-selling”…
Investors in the dark on China industrial transport as data curbs bite
By Gavin Maguire, Muyu Xu and Xie Yu (Reuters) – A wave of COVID-19 lockdowns in Shanghai presents the biggest test yet for investors, trading companies and logistics managers trying to follow…
Florida man who defrauded elderly investors with fake commodities investment scheme sentenced to prison
Seattle –A Cocoa Beach, Florida, man was sentenced today in U.S. District Court to 30 months in prison for wire fraud in connection with his million-dollar scheme to pose as a successful…
China should set up carbon ‘connect’ scheme to woo foreign investors – expert
BOAO, China – China should launch a pilot “connect” market access programme for carbon with Hong Kong to enable foreign investors to enter the country’s fast-growing green finance sector, a leading Chinese…
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