Deloitte agreed to a $21.5 million settlement with the U.S. Department of Justice over allegations that it violated the False Claims Act by discriminating based on race and sex in its federal contracts. The DOJ accused Deloitte of using diversity, equity, and inclusion (DEI) goals to influence promotions and workforce composition unlawfully. Deloitte denies wrongdoing but settled to avoid prolonged litigation. This case highlights ongoing federal scrutiny of DEI initiatives, especially under the current administration's efforts to curb race and sex-conscious policies in workplaces.
Hyperliquid Strategies raised $647 million in equity during its fiscal year ending June 30, 2026, using the funds to increase its HYPE token holdings to 29.3 million tokens valued at about $1.9 billion. The company reported net income of $305.5 milli...
Bitcoin price is steadily climbing toward a key resistance level near $83,000, which could mark a shift from a bear to a bull market if surpassed. However, technical indicators like the RSI show bearish divergence, suggesting momentum may be weakenin...
Lucid is recalling 27,185 Air luxury sedans in the U.S. due to a fire risk caused by an overheating exterior lighting circuit, which may also cause light failure and increase crash risk. The recall is the largest in Lucid's history, involving 70% mor...
Bitcoin rose 1.43% to around $79,904 but faces resistance near $81,337, with momentum indicators like RSI and MACD suggesting the rally may be losing steam. Futures open interest dropped 4.39%, indicating traders are closing positions rather than add...
DeFi Development Corp. purchased about 19,000 SOL tokens at an average price of $98.14, expanding its treasury to approximately 2.33 million SOL and equivalents. The purchase was partly funded by proceeds from its ZeroStack divestment and aims to dep...
