Billionaire Robert Brockman, Accused of Biggest Tax Fraud in U.S. History, Dies at 81

When Robert Brockman, one of the richest people in the country, was visiting his company’s offices near Dayton, Ohio, he stayed at budget motels and ate frozen dinners in his room, a former employee r...

Drugmaker Endo Says Bankruptcy Likely Imminent

Endo International PLC, a pharmaceutical manufacturer facing thousands of lawsuits alleging it fueled the opioid addiction crisis, said Tuesday that it is likely to file for bankruptcy imminently. The...

Judge in Twitter, Elon Musk Case Known for Quick Work

The judge who will decide whether Elon Musk should have to buy Twitter Inc. has a record of quickly deciding urgent cases over imperiled corporate deals and has ordered buyers to close deals they want...

Nayib Bukele Attributes Tourism Recovery in El Salvador to Bitcoin, Surf, and Crime Reduction – Bitcoin News

Nayib Bukele, the president of El Salvador, declared that the speedy recovery of tourism in the country had to do with three elements, including surfing, bitcoin, and overall crime reduction. El Salva...

Ex-Advisor Sentenced to 22 Years in Prison for Ponzi Scheme

A former financial advisor was sentenced to nearly 22 years in prison for operating a Ponzi scheme that swindled $9.3 million from investors, according to the U.S. Attorney’s Office for the Northern D...

Twitter Stock Is Downgraded. Analyst Needs Just One Sentence to Explain Why.

Text size Twitter stock is downgraded given uncertainty over the company’s pending acquisition by Elon Musk. Justin Sullivan/Getty Images Twitter stock received another downgrade on Friday, fuel...

Sandy Hook Families Accuse Alex Jones of Diverting Funds From Infowars Parent Company

Families of Sandy Hook victims who are suing Alex Jones for defamation accused the conspiracy theorist of siphoning significant amounts of money from Infowars’ parent company before he put the busines...

Alex Jones Puts Infowars’ Parent Company Into Bankruptcy During Texas Defamation Trial

Alex Jones put the company behind his Infowars conspiracy site into bankruptcy on Friday as the broadcast host stands trial in Texas to determine how much he owes the families of Sandy Hook victims fo...

Elon Musk Files Response and Counterclaims to Twitter Lawsuit Over $44 Billion Deal

Updated July 29, 2022 6:29 pm ET Listen to article (1 minute) Elon Musk formally responded to Twitter lawsuit seeking to force him to go through with his $44 billion takeover of the social-media platf...

Twitter v. Musk: Why the Court of Chancery Will Never Order Specific Performance.

Text size A court could compel Tesla chief executive Elon Musk to purchase Twitter, but could it compel him to operate it in the best interest of shareholders? Al Drago/Bloomberg About the author: Car...

New Book About Crypto Crime Set to Hit Shelves

A new crypto book is coming to store shelves everywhere. The nonfiction work is titled “Tracers in the Dark: The Global Hunt for the Crime Lords of Cryptocurrency.” It is being optioned by a film comp...

U.S. Bank workers opened fake accounts to meet sales goals, feds say

NEW YORK — For more than a decade, U.S. Bank pressured its employees to open fake accounts in their customers’ names in order to meet unrealistic sales goals, the Consumer Financial Protection Bureau ...

Bausch Health Stock Halted After Patent Ruling. What Happens Next.

Text size Bausch Health stock was on pace for its lowest close since November 1995. Timothy Fadek/Bloomberg A federal court ruling has dealt a blow to Bausch Health by appearing to clear the way for g...

UK National Crime Agency Seizes $33 Million in Cryptocurrency – Regulation Bitcoin News

The British National Crime Agency (NCA) has revealed that it has seized £26.894 million ($32.75 million) in cryptocurrency. “Criminals increasingly exploited financial technology and crypto assets” th...

Teladoc loses $3 billion in three months, stock plummets 24%

Shares of Teladoc Health Inc. plunged more than 24% in after-hours trading Thursday after the telehealth company took another multibillion-dollar impairment charge, helping to bring its total losses f...

Do not leave any paper trail: how a group of sovereign citizens used a phony credit repair business to amass a real estate empire

Bad credit? No problem. A group of alleged scam artists have been charged with running a fraudulent credit repair business and then using their clients’ identities to get mortgages on millions of doll...

Users of payment services like Zelle need better scam protection, Dems tell CFPB

It should be easier for consumers defrauded via popular instant payment services like Zelle to seek redress, since money-transfer scams are reportedly growing more common, a group of Democratic lawmak...

Tesla Is Set for Settlement Talks Over Musk Tweets About Taking Company Private

Tesla is scheduled for court-ordered settlement talks in a shareholder lawsuit over Chief Executive Officer Elon Musk’s 2018 tweets suggesting he had funding to take the company private. In a court fi...

People Aren’t Moving For Better Opportunities—But Maybe They Should

A young couple moving. getty Many cities have terrible crime problems, most having rising home prices, and a few still have limited job opportunities. So why aren’t people moving to better locales? Th...

China Fines Ride-Hailing Giant Didi $1.2 Billion, Citing Cybersecurity Breaches

SINGAPORE—Chinese authorities fined ride-hailing company Didi Global the equivalent of about $1.2 billion, bringing an end to a yearlong investigation into the company’s cybersecurity practices. The f...

CFTC ends case against the deceased McAfee’s pump-and-dump schemes by fining former bodyguard

The US civil cases against the elusive and now deceased John McAfee have come to an end. On July 18, the Commodity Futures Trading Commission announced a settlement and injunction against Jimmy Gale W...

Man Fatally Shot While Working For ‘Law & Order: Organized Crime’ In NYC

Topline A man working for the police show Law & Order: Organized Crime was shot and killed Tuesday while enforcing a parking ban for the production, a New York City Police Department detective tol...

3M Earplugs Fight Stems From Self-Made Legal Battle

A long-running legal battle over allegedly defective earplugs made by 3M arose after the company initiated a separate dispute against a smaller competitor, court documents showed. 3M’s effort to prote...

Fastly Cloud Computing Traffic Bumped Higher. That Should Boost the Stock.

Text size These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the vi...

Elon Musk Opposes Twitter’s Request for Expedited Trial Over Stalled Deal

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple ...

Ford Closes EV Battery Deal With Partner. Billions in Spending Is Coming.

Text size Ford is aiming to sell two million EVs globally a year by 2026. Christof Stache/AFP via Getty Images Ford Motor and Korea’s SK Innovation sealed the deal on the creation of a joint venture t...

Opinion: ‘I see buying opportunities.’ How this stock trader with 40 years of experience makes money in a bear market

Howard Kornstein, a professional trader with more than 40 years’ experience in stocks, options and futures, developed and fine-tuned his strategies while facing every imaginable market environment. He...

Ukraine seizes $3 million in cash, other assets from crypto traders accused of funneling Russian funds

Ukrainian authorities have broken up what they say was a crypto trading desk that illegally funneled money for Russians.  The Ukrainian Prosecutor General’s office on July 12 announced the seizu...

Starbucks is set to close these 16 U.S. stores over safety concerns

Starbucks will close 16 U.S. stores, mostly on the West Coast, by the end of July because of safety concerns, according to the company. Most of the stores set to close are in the Los Angeles and Seatt...

Endo Moving Toward Bankruptcy Filing Without Opioid Settlement Deal

Endo International PLC is moving toward a bankruptcy filing, potentially setting off intense conflicts with state and local governments that have sued the pharmaceuticals company for its alleged role ...

NIO conducts own probe into Grizzly short-seller report, retains forensic accounting firm

NIO Inc. said Monday that it has formed a committee to look into recent allegations that the China-based electric vehicle maker is using an affiliate battery maker to boost financial results. Short-se...

Prosecutors Say JPMorgan Traders Scammed Metals Markets by Spoofing

CHICAGO—JPMorgan Chase & Co.’s precious-metals traders consistently manipulated the gold and silver market over a period of seven years and lied about their conduct to regulators who investigated ...