Securities and Exchange Commission

The Securities and Exchange Commission has filed fraud charges against a Florida man investigators say took $1.2 million in investor funds for personal use.

Ponzi schemer Gina Champion-Cain received the maximum sentence for fraud committed against hundreds of victims.

Federal and state authorities say they are cracking down on a wave of illegal schemes that have proliferated during the pandemic and prey upon the desperation of people who have lost jobs in the outbreak’s economic upheaval

Rapper and actor T.I. has settled civil charges with the U.S. Securities and Exchange Commission that he helped promote a fraudulent cryptocurrency. T.I., whose real name is Clifford Harris, agreed to a civil settlement with the SEC that was announced Friday.

Alphabet’s board of directors has opened an investigation into how executives handled claims of sexual harassment and other misconduct, including behavior of Chief Legal Officer David Drummond, who has been accused of having relationships with employees. The board has formed an independent subcommittee to look into the issues and has hired a law firm to assist with the investigation, according...

Under pressure from the federal government, General Motors is recalling nearly 3.8 million big pickup trucks and SUVs in the U.S and Canada to fix a brake problem. There have been 113 reports of crashes and 13 injuries related to the problem, according to GM.

Federal regulators are moving to require that brokers provide their customers with detailed disclosures of their potential conflicts of interest when dispensing advice for retirement planning and other investments. But critics say the Securities and Exchange Commission’s new measure, supported by the financial industry, doesn’t go far enough to protect retail investors against abuses. They say a stricter standard advanced...

Winners Church pastors Fred and Whitney Shipman are fighting efforts to allow money to be returned to hundreds of people who were lured into a diamond and bitcoin investment scam.

Tesla has reduced the prices of its two most expensive models, raising concerns about fading interest in its cars and whether the company can generate enough cash to pay all the bills.

Elon Musk and U.S. securities regulators have settled their dispute over the Tesla CEO’s tweets, with Musk agreeing to having his future communications regarding the electric-car maker pre-approved by a company-employed expert. The Securities and Exchange Commission and Musk reached the agreement, which they detailed in filings Friday in federal court in Manhattan. The agreement must be approved by U.S....

The corporation behind a Florida detention camp for migrant children abandoned its plans to go public Tuesday as controversy grows around policies that lock up children crossing the Mexico border.

Oprah Winfrey’s stake in Weight Watchers fell by almost $48 million, at least on paper, after the dieting company released a weak earnings results Tuesday. Shares of the company cratered 30 percent after it reported disappointing fourth-quarter earnings and gave investors a weak outlook for 2019. Winfrey owns more than 5 million shares of Weight Watchers, or about 8 percent...

Stock market regulators are asking a federal court to hold Tesla CEO Elon Musk in contempt for violating an agreement requiring him to have his tweets about key company information reviewed for potentially misleading claims.

Despite a sour year in which Berkshire Hathaway posted a loss and was forced to write down $3 billion on its investments, Warren Buffett told shareholders that he wants to make a big acquisition. There is just one problem: Prices are too high. “In the years ahead, we hope to move much of our excess liquidity into businesses that Berkshire...

The French government on Wednesday unveiled plans to slap a 3 percent tax on the French revenues of internet giants like Google, Amazon and Facebook. The bill is an attempt to get around tax avoidance measures by multinationals, which pay most of their taxes in the EU country they are based in — often at very low rates. That effectively...