Kevin Plank, now former CEO of Under Armour, during a CNBC interview on Mad Money on Feb. 28th, 2018.Scott Mlyn | CNBCUnder Armour's founder Kevin Plank forged an unusual relationship with television anchor Stephanie Ruhle that included trips on his private jet, access to confidential company information and a...
Goldman Sachs Group Inc. agreed to pay $5.5 million to settle a U.S. regulator’s allegations that it failed to fully record and retain thousands of phone calls. The Commodity Futures Trading Commission alleged Tuesday that two separate outside systems the Wall Street giant relied on to record some audio conversations, as...
Financial advisors should wait for regulations to emerge around crypto assets called non-fungible tokens before recommending them to clients, experts said following the SEC’s first enforcement action involving NFTs. The Securities and Exchange Commission ordered Impact Theory, a Los Angeles media and entertainment company, to pay $6,103,913 to settle charges...
The Hewlett-Packard Co. logo is displayed on the window of an electronics store in New York.Ramin Talaie | Bloomberg | Getty ImagesCheck out the companies making headlines in after-hours trading.Box — The cloud stock fell 7% after hours on a mixed second-quarter report. Box's revenue came in at $261...
Valerie Macon | Afp | Getty ImagesLOS ANGELES — Christopher Nolan's films, from "The Dark Knight" to "Inception," have been a force at the box office for a solid two decades. But "Oppenheimer," the director's R-rated historical drama about the man who speareheaded the creation of the atomic bomb,...
3M is on the verge of ending the largest mass tort litigation in U.S. history, but it's still facing other expensive legal headaches.The company said Tuesday that it settled with roughly 250,000 plaintiffs in a $6.01 billion deal. Military veterans and service members alleged 3M manufactured defective earplugs that...
The SEC’s loss in court Tuesday means that the agency must go back and review Grayscale’s spot bitcoin ETF application — but don’t expect any products to come to market soon. In a ruling issued earlier Tuesday, the U.S. Court of Appeals for the District of Columbia Circuit wrote that...
A class-action lawsuit filed in Nebraska federal court accuses TD Ameritrade and parent company Charles Schwab of neglecting their responsibilities to protect customer data. In July, hackers exploited a vulnerability in MOVEit, a file-transfer system, to access sensitive information — including Social Security numbers, financial account information, dates of birth...
Bottles of the drug Jardiance, made by Eli Lilly and Company, sit on a counter at a pharmacy in Provo, Utah, January 9, 2020.George Frey | ReutersTwo blood thinners and a diabetes medication are the most widely used among a list of ten drugs that will be subject to...