In the biggest quarterly employee drop in Amazon’s history, nearly 100,000 workers have vanished, after GDP declines. Facebook fact-checks an economist for using the textbook definition of “recession.” We talk to Phillip Magness. Will a proposed Securities and Exchange Commission climate change rule on agriculture producers create a Netherlands-style farm crisis? We talk to an economist…
Facebook ‘Fact-Checks’ Recession Definition; Amazon Sheds Record Number of Employees | NTD Business
Chinese Internet Giant Could Be Kicked Off US Stock Exchange After SEC Adds Firm to Delisting Watchlist
Shares of Chinese e-commerce giant Alibaba (NYSE: BABA) tumbled 10 percent on July 29 after the U.S. Securities and Exchange Commission (SEC) added the firm to a list of companies that could face delisting. The U.S.-listed Chinese company is among the more than 150 companies named by the SEC that could be booted from U.S. exchanges…
Former Indiana Congressman Charged by SEC with Insider Trading
The Securities and Exchange Commission (SEC), on July 25, announced that it would pursue criminal charges for insider trading against former Rep. Steve Buyer (R-Ind.). In a report announcing the charges, the SEC laid out its case against Buyer, alleging that he used his position in Congress to gain nonpublic access from T-Mobile about a…
SEC Chief Says It’s Unknown If China Can Avoid Its Companies Being Delisted From US Markets
U.S. Securities and Exchange Commission Chairman Gary Gensler said he’s unclear about the prospect of reaching a deal with Beijing to prevent the mass delisting of Chinese companies whose shares are traded on American stock exchanges. In a July 19 interview with Bloomberg, Gensler said the authorities in China are the ones who will ultimately…
Federal Agency’s Letter to Elon Musk Questions Tweet About Twitter Deal
The U.S. Securities and Exchange Commission asked Tesla CEO Elon Musk for more details related to his Twitter deal, regarding the $44 billion purchase that he recently attempted to pull out of, according to a new regulatory filing issued Thursday. On May 13, Musk wrote that the Twitter deal was “temporarily on hold” after the…
Major Government CO2 Rule Will Hurt Americans: Consumer Watchdog
America’s oldest consumer protection organization is opposing sweeping new government CO2 reporting requirements. The Securities and Exchange Commission’s (SEC) Enhancement and Standardization of Climate-Related Disclosures would require all companies listed on American stock markets to report, in detail, how much CO2 their business is directly or indirectly responsible for emitting—everything from vehicle emissions to how much…
SEC Climate Disclosure Rule: A Duck That Quacks
Commentary In his recent memoir, former attorney general William Barr recounts how the Trump administration lost its attempt to include a citizenship question in the 2020 census. After losing in the Supreme Court, Barr briefed President Trump on what had gone wrong. “If people were straightforward from the beginning, it could have gotten done,” Barr…
As ESG Comes Under Scrutiny, Skeptics and Contrarians Rise Up
Environmental, social, and governance (ESG) principles have rapidly taken hold in the financial sector in recent years. Now, against the backdrop of increasing regulatory enforcement, rising anti-ESG activism, and criticism of the Securities and Exchange Commission’s (SEC) climate disclosure proposal, ESG skeptics are coming to the fore, pushing back against the SEC and developing new…
US SEC Chief Unveils Plan to Overhaul Wall Street Stock Trading
WASHINGTON/NEW YORK—The top U.S. securities regulator on Wednesday unveiled a planned overhaul of Wall Street retail stock trading rules, aiming to boost competition for handling orders by commission-free brokerages to ensure mom-and-pop investors get the best price for trades. U.S. Securities and Exchange Commission chair Gary Gensler told an industry audience he wants to require…
SEC Climate Proposal Violates First Amendment to Constitution: Law Professor
The Securities and Exchange Commission’s (SEC’s) proposed rules to mandate climate-related disclosures from companies abridge freedom of speech and would “create controversy by imposing a political viewpoint,” a law professor asserted in a June 1 letter to the agency. “It’s almost as though the three commissioners who pushed this rule forward don’t take seriously their…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta