EV Charging Firm Ideanomics Files for Bankruptcy
Ideanomics, which owns technology used to charge electric buses and other commercial vehicles, has filed for bankruptcy.
Ex-TuSimple CEO Hou Seeks to Liquidate Company’s Assets
TuSimple co-founder and former CEO Xiaodi Hou, who claims to be the company’s largest shareholder, is also seeking judicial aid in an increasingly bitter spat with former colleague Mo Chen.
UPS Settles With SEC Over Freight Business Valuation
UPS has reached a $45 million settlement with the Securities and Exchange Commission over claims made by the agency that the carrier improperly valued its freight business in financial results reporting.
Ten States Ask Court to Invalidate SEC’s New Climate Rule
A 10-state coalition is suing the U.S. Securities and Exchange Commission to thwart its new rule requiring companies to report greenhouse gas emissions.
ADM Shares Plunge After Accounting Probe Places CFO on Leave
Archer-Daniels-Midland Co. plunged after the U.S. agricultural trading giant suspended its CFO and cut its earnings outlook pending an investigation into its accounting practices.
Former Celadon Executives Settle Civil Case with SEC
Two former top executives for now-defunct Celadon Group Inc. have agreed to an undisclosed court settlement with the Securities and Exchange Commission in connection with civil fraud allegations dating to 2019.
Boeing to Pay $200 Million to Settle SEC Probe Over 737 Max
Boeing Co. agreed to pay $200 million to settle U.S. Securities and Exchange Commission allegations that the company and its former Chief Executive Officer Dennis Muilenburg failed to properly disclose safety issues with its 737 Max jetliner.
Trucking Critical of SEC Emissions Report Proposal
A proposal by the U.S. Securities and Exchange Commission that would require public companies to report their greenhouse gas emissions to the agency was criticized in written comments by a handful of truckers and their trade organizations.
SEC Plan Would Require Climate-Change Risk Disclosures
Companies will need to reveal detailed information about their greenhouse gas pollution under a proposed U.S. Securities and Exchange Commission plan, marking a major shift in how corporations must show they are dealing with climate change.
March 21, 2022Musk Asks Judge to End SEC Oversight of His Tesla Tweets
Tesla Inc. Chief Executive Officer Elon Musk asked a judge to end the U.S. Securities and Exchange Commission’s oversight of his Twitter posts under a 2018 agreement because he claims it is being used to “trample” his free speech rights.