Barclays Plc has updated its leave policy to provide at least 16 weeks for all new parents in

LOS ANGELES--(BUSINESS WIRE)--Oct 2, 2023--

Australia’s largest pension fund AustralianSuper has frozen all future contracts with PricewaterhouseCoopers as it assesses the fallout of

With the list of stock-market worries growing seemingly by the day, investors looking to earnings season for a

Brazil’s central bank has room to continue lowering interest rates as inflation is well-behaved even if still a

The Securities and Exchange Commission announced that it had settled fraud charges with the financial firm tied to former president Donald Trump’s Truth Social platform, Street Insider reported. The SEC had accused Digital World Acquisition Corporation (DWAC), a special purpose acquisition company, of making material misrepresentations in forms it filed with the SEC as part of its initial public offering and its proposed merger with Trump Media & Technology Group Corp (TMTG), which Mr Trump founded. DWAC had misled both the SEC and investors when it failed to disclose that it had formulated a plan to acquire and was pursuing the acquisition of TMTG. Special purpose acquisition companies are meant to identify and acquire operating businesses. But the SEC said in the forms DWAC filed to support its IPO in September 2021, neither it nor its officers had said it had discussions with any target companies before its IPO. But the SEC’s order found that the person who would become DWAC’s chief executive and board chairman, along with other people, had extensive special purpose acquisition company meetings with Mr Trump’s company, and that the executive had pursued talks with TMTG for another special purpose acquisition company he created. In turn, the SEC called DWAC’s Form S-1 false and misleading. “DWAC failed to disclose its discussions with TMTG and failed to disclose a material conflict of interest of its CEO and Chairman,” Gurbir S Grewal, the director of the SEC’s enforcement division. “In the context of a SPAC – a ‘blank-check’ entity without business operations – these disclosure failures are particularly problematic because investors focus on factors such as the SPAC’s management team and potential merger targets when making financial decisions.” The SEC said that DWAC violated antifraud provisons of security laws. It had previously announced that it would pay an $18m settlement in the event it closes a merger transaction and it would sign a cease and desist order. Last month, federal authorities arrested Michael Shvartsman, Gerald Shvartsman and Bruce Garelick and the three were named in an unsealed federal indictment. The all pleaded not guilty to insider dealing at a court in New York City this month. Read More Truth Social’s merger partner reaches $18m settlement with SEC

MIAMI--(BUSINESS WIRE)--Jun 26, 2023--

Scrolling through TikToks isn't just about crying at dog rescue videos, laughing at unhinged dating drama, or perusing last weekend's best Eras Tour outfits. The app has become a go-to destination for discovering slept-on products from beauty to clothes to some of those weird Amazon gadgets you never knew you needed (until you suddenly can't live without them). So what are the products that made R29 editors stop scrolling long enough to hit the "buy" button? Whether it's a soul-snatching suction vibrator, a perpetually sold-out kitchen appliance, or a versatile maxi dress, we've unearthed some real hidden gems just through our FYPs. And since we're not about gatekeeping, we thought we'd let you in on all our TikTok faves that actually live up to their viral hype.

Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic

SINTRA, Portugal (Reuters) -Bank of Japan (BOJ) Governor Kazuo Ueda said on Wednesday the central bank would see good reason

Asian markets fell across the board Wednesday following Wall Street's lead after robust US employment data and rising Treasury yields exacerbated fears that interest rates...

Taco Bell is opening a $5 million taco tab and offering free Doritos Locos Tacos in honor of the "liberation" of the "Taco Tuesday" trademark to customers across the country.