Elon Musk agreed to pay a $1.5 million civil penalty to settle an SEC lawsuit accusing him of delaying disclosure of his initial Twitter stock purchase in 2022. The SEC alleged Musk waited 11 days to reveal his stake, allowing him to buy shares at lower prices, but Musk did not admit wrongdoing and will not return any alleged savings. This settlement, the largest SEC fine for this type of violation, closes the case without Musk forfeiting money saved from the delay. The lawsuit is separate from another case where Musk was found liable for defrauding Twitter shareholders over bot-related takeover price disputes.
Taco Bell Canada introduced two new menu items: Crispy Chicken Nuggets with a Jalapeño Honey Mustard sauce, and Mountain Dew Baja Midnight, the first new Mountain Dew Baja Blast flavor in over 20 years. The nuggets feature all-white meat with Mexican...
VERAXA Biotech updated on its progress in developing novel cancer therapies using its proprietary BiTAC platform, focusing on conditionally active T cell engagers and bispecific antibody-drug conjugates. The company plans to prioritize investment in ...
Nexans and Hydro have agreed on a five-year contract for about 85,000 tonnes of low-carbon aluminium wire rod to support Europe's electricity grid modernization. This aluminium, produced using 100% renewable energy in Norway, will help reduce carbon ...
Nexans and Hydro have agreed on a five-year supply contract for about 85,000 tons of low-carbon aluminum wire rod to support the modernization and decarbonization of Europe's electrical grid. The aluminum, produced in Norway using 100% renewable ener...
Scilex Holding Company announced a binding term sheet with Kazakhstan-based iHolding Group LLP for a $100 million investment, purchasing about 6.67 million shares at $15 each. This funding aims to support Scilex's strategic growth in healthcare, prod...
