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Trump SPAC under investigation by financial regulators Digital World Acquisition Corp. says the SEC and FINRA have requested information on stock trading and communications related to its deal with the former president's company.
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Trump's Media Company Is Investigated Over Financing Deal One day in April, a group of men gathered on a videoconference call to discuss a deal to bankroll former President Donald J. Trump's planned media company. Among the participants, according to two people familiar with the call, were Mr. Trump's ...
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Federal regulators are investigating the Trump SPAC deal In October, Trump announced a new media venture that would "stand up to the tyranny of Big Tech." That new entity, chaired by the former president, agreed to go public through a merger with Digital World, a Special Purpose Acquisition Company, or SPAC.
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New York to mandate Covid vaccines for all private sector workers New York (CNN Business) All private sector employers in New York City will now be required to implement a Covid-19 vaccine mandate by December 27, the city's mayor Bill De Blasio announced Monday. This new move, which De Blasio announced Monday on ...
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EV maker Lucid gets SEC subpoena on $24-bln blank-check deal Shares of the luxury electric-car maker fell as much as 19.5% on Monday after it disclosed it had received a subpoena from the U.S. Securities and Exchange Commission (SEC) on Dec. 3.
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China Nears a Reckoning as Property Firms Face Tough Deadlines Evergrande, with bills totaling $300 billion or more, will need to come up with more than $82 million in cash by the end of Monday in the United States to fend off creditors. The developer said late ...
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BuzzFeed's stock surges than falls in its public debut. BuzzFeed started trading on the stock market Monday, a big step that could help the company expand while charting a path for other young digital media companies that are also aiming to become publicly traded businesses.
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A cruise ship returns to New Orleans with 17 coronavirus cases aboard. Ten people aboard the Norwegian Breakaway, operated by Norwegian Cruise Line, tested positive on Saturday, before the ship docked, according to the Louisiana Department of Health, and by Sunday, that number had risen to 17, health officials said.
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Hackers take $196 million from crypto exchange Bitmart, security firm says Bitmart confirmed the hack in an official statement Saturday night, calling it "a large-scale security breach" and writing that hackers withdrew about $150 million in assets. Blockchain security and data analytics firm Peckshield ...
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Student Loan Companies May Mislead On Loan Forgiveness, Warn Advocates Advocacy groups representing student loan borrowers sent out a warning on Monday that student loan servicing companies may provide misleading information to borrowers on a new expansion of a key federal student loan forgiveness program.
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