Latest U.S. Securities and Exchange Commission News
Casino giant Caesars Entertainment reports cyberattack; MGM Resorts says some systems still down
LAS VEGAS (AP) — Casino company Caesars Entertainment on Thursday joined Las Vegas gambling rival MGM Resorts International in reporting that it was hit by a cyberattack, but added in a report to federal regulators that its casino and online operations were not disrupted. The...
Warren Buffett's company trims its investment in printer maker HP by selling 5.5 million shares
OMAHA, Neb. (AP) — Warren Buffett's company sold off 5.5 million of its HP Inc. shares this week, trimming a stake that it established just last year, but even after the sales, Berkshire Hathaway still owns nearly 12% of the printer and computer maker's stock. HP stock dropped...
Trump's Truth Social gets a lifeline after deadline for a big cash infusion is extended
Donald's Trump's Truth Social got a lifeline this week after a blank-check company that could infuse the social media platform with cash agreed to extend a critical deadline for a year. Digital World Acquisition Corp., a special-purpose acquisition company, or SPAC, had a Friday...
Bitcoin ETF appears to be on the way after court hands the SEC a stinging loss
NEW YORK (AP) — The cryptocurrency fund manager Grayscale won a major court battle Tuesday against the Securities and Exchange Commission, paving the way for the first bitcoin exchange-traded fund. Grayscale sued the SEC last year when the securities regulator denied its...
Grocery delivery company Instacart files for long-awaited IPO
Grocery delivery company Instacart is going public. The San Francisco-based company filed paperwork Friday with the U.S. Securities and Exchange Commission. The IPO is expected to happen in the next few weeks. Instacart said it plans to trade on the NASDAQ stock...
Warren Buffett gives $27 million in Berkshire Hathaway stock to an unnamed charity
OMAHA, Neb. (AP) — Investor Warren Buffett has donated Berkshire Hathaway stock worth $27 million to an unnamed charity. Buffett disclosed the gift of 50 Class A shares of Berkshire stock in a filing with the Securities and Exchange Commission late Wednesday. This...
Coinbase gets approval to offer crypto futures to eligible US customers
Coinbase said it's received regulatory approval to bring federally regulated crypto futures trading to eligible customers in the U.S., sending shares sharply higher before the opening bell Wednesday. In June, the U.S. Securities and Exchange Commission filed lawsuits against Binance...
Warren Buffett's firm invests in the biggest homebuilders while reducing GM stake in portfolio moves
OMAHA, Neb. (AP) — Warren Buffett's company appears to be betting on the housing market picking up because Berkshire Hathaway bought more than $700 million worth of homebuilder DR Horton's stock this spring along with smaller stakes in fellow builders Lennar Corp. and NVR Corp. ...
WWE's McMahon served with subpoena by federal agents
Federal law enforcement agents executed a search warrant and served a federal grand jury subpoena to WWE Executive Chairman Vince McMahon last month, according to a regulatory filing. McMahon is also taking medical leave from the sports entertainment company following recent spinal surgery. ...
New SEC rule requires public companies to disclose cybersecurity breaches in 4 days
WASHINGTON (AP) — The Securities and Exchange Commission adopted rules Wednesday to require public companies to disclose within four days all cybersecurity breaches that could affect their bottom lines. Delays will be permitted if immediate disclosure poses serious national security or public...
