McAfee Indicted for Fraud, Money Laundering Conspiracy Crimes
Former software firm founder could spend the rest of his life behind bars if convicted.
Risk
SEC Charges Seven in $45 Million Pump and Dump Scheme
Kelly Kabilafkas allegedly promoted shares in Airborne Wireless Network, then dumped the stock.
Vaccine Elation Will Lead to the Market’s Fall, BofA Sage Warns
The S&P 500’s happy days are numbered, with investors blind to Washington overreach, says Michael Hartnett.
NY State Pension Fund Strikes Climate Deals with Five Companies
Comptroller DiNapoli drops shareholder resolutions in exchange for commitments to greenhouse gas reductions.
Cryptocurrency Firm Founder Indicted in Alleged Multimillion Dollar Scam
Kristijan Krstic, aka Felix Logan, allegedly absconded with $7 million of investors’ money.
Analysts’ Bullishness Means Stocks May Tank, BofA Warns
The bank’s contrarian indicator has been right before. Will it be now?
Bolstering City Infrastructure ‘Imperative’ to Recovery, Says Kamala Harris
The vice president outlines the Biden administration’s goals as it prepares a plan to build everything from railways to tidal walls.
Coca-Cola Bottlers Association Faces ERISA Lawsuit
Plaintiffs allege missteps by 401(k) plan fiduciaries cost participants millions of dollars in retirement savings.
Oklahoma Bill Would Create State-Run Retirement Plan
Proposal calls for auto-enrollment IRAs for workers whose employers don’t offer a retirement plan.
North Korean Hackers Indicted in Cyberattacks, Financial Crimes Conspiracy
Hackers tied to a military intelligence agency allegedly attempted to steal more than $1.3 billion.
A Washington Beating for Robinhood’s CEO
The GameStop congressional hearings expose fractures in the online brokerage’s business model: its trading halt, margin level, and fee policy.
Heads of GPB Capital, Related Firm Indicted in Alleged Private Equity Fraud
Three men tied to the company could face 20 years in prison for allegedly misrepresenting the source of funds used for distribution payments.
UK Regulator TPR Says DC Pensions Falling Behind on Climate Change
Survey finds that only 43% of defined contribution plans’ investment strategies consider climate change.
Cryptocurrency Hedge Fund Founder Pleads Guilty to Securities Fraud
Stefan Qin, 24, allegedly drained the $90 million fund for ‘indulgences and speculative personal investments.’
Tips from Druckenmiller: Commodities, Asian Stocks, Big Tech
Despairing of US policy and low interest rates, the billionaire investor makes his case.