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Even The Big Board appears to agree that the IPO business is in trouble. After turning down a similar rule change in December, the Securities and Exchange Commission on Wednesday OK’d an application from the New York Stock Exchange to change how direct listings can be done on the country’s largest ticker temple. Companies looking …
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Tesla CEO Elon Musk said his company’s Nevada factory was the target of a foiled cyberattack allegedly plotted by a Russian national. Musk confirmed a news report identifying Tesla as the company targeted by Egor Igorevich Kriuchkov, who tried to pay an employee $1 million to install malware on the electric-car maker’s computer network, according …
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Victoria’s Secret Angel Alexina Graham wears her beauty lightly. She regularly posts makeup-free selfies and goofy dance videos on Instagram. And when she was worryingly ill with the coronavirus in March, she shared pictures of herself on an IV in the hospital and dozing on her sister’s lap at home in England. As soon as …
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President Trump announced on Tuesday that he would nominate acting Department of Homeland Security secretary Chad Wolf to fill the role in a full-time capacity. “I am pleased to inform the American Public that Acting Secretary Chad Wolf will be nominated to be the Secretary of Homeland Security,” Trump wrote on Twitter. “Chad has done …
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Steve Cohen is known for many things: Billionaire, hedge-fund trader and owner of a $1 billion art collection that features sculptures and paintings by the likes of Picasso and Jeff Koons. He may soon be something even more illustrious: Owner of the Mets. He’s up against the celebrity duo of J-Rod (Alex Rodriguez and Jennifer …
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Attorney General William Barr said he would be “vehemently opposed” to President Trump pardoning former National Security Agency contractor Edward Snowden, a move Trump suggested over the weekend that he was mulling. “He was a traitor and the information he provided our adversaries greatly hurt the safety of the American people,” Barr told the Associated Press. …
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Issa Rae’s “Insecure” is up for eight Emmys — but she’s giving COVID-19 some credit for the achievement. “I think the pandemic, being quarantined during a period when our humanity was questioned, in a more front-facing way, definitely helped” convince Emmy voters, Rae told the Hollywood Reporter. “We came on during a time when people …
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Short-term home rental company Airbnb on Wednesday confidentially filed for an initial public offering with the Securities and Exchange Commission, setting the stage for one of the marquee stock market debuts of the year. The number of shares to be offered and the price range for the IPO have not yet been determined, the company …
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Iran paid Taliban fighters to attack American soldiers and other coalition forces in Afghanistan, CNN reported on Monday. U.S. intelligence has assessed that a foreign government paid fighters who took part in at least six attacks over the past year, including a December 2019 suicide bombing at the U.S. Air Base in Bagram, Afghanistan, that …
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A federal appeals court on Friday overturned California’s ban on high-capacity ammunition magazines, ruling that the prohibition violates the Second Amendment. “Even well-intentioned laws must pass constitutional muster,” Appellate Judge Kenneth Lee wrote for the majority on the three-judge panel of the 9th U.S. Circuit Court of Appeals, adding that California’s ban “strikes at the core of …