Musk looks to end Twitter lawsuit, suggests late disclosure was a mistake
Panelists Al Root and Jack Otter discuss how Tesla shareholders voted to reinstate a roughly $50 billion compensation package on Barron’s Roundtable. Billionaire Elon Musk President Trump is trying to dismiss a lawsuit filed by former Twitter shareholders that claims he waited too long to disclose his ownership stake in the company before buying it […]
Musk asks judge to dismiss shareholder lawsuit, argues delayed Twitter disclosure a 'mistake'
Elon Musk has asked a federal court in New York to dismiss a lawsuit brought by shareholders of the social media company Twitter (now known as X), arguing that a delay in disclosing his stake in the company was a “mistake.” The billionaire was sued by Twitter shareholders in April 2022 after he revealed he […]
Rep. Andy Ogles’ Bill Would Force Disclosure of When President Takes Mind-Altering Substance
Rep. Andy Ogles (R-Tenn.) has introduced a bill called the “No Juicing Joe Act,” which would require the presidential administration to inform Congress if the president takes any substance “that may alter his mental state or ability to perform his duties.” Ogles’ Bill, First report Fox News reported that Trump would also be required to […]
Major airlines sue Biden admin over fee disclosure rule
Major U.S. airlines are suing the Department of Transportation over new rules requiring advance disclosure of airfares and recent clashes between airlines and the Biden administration. Airlines for America, along with American Airlines, Delta Air Lines, United Airlines, JetBlue Airways, Hawaiian Airlines and Alaska Airlines, filed the lawsuit late Friday in the U.S. Court of […]
United, Delta, American among airlines suing Biden admin over fee disclosure rule
A coalition of major airlines is suing the Biden administration over new rules requiring airlines to disclose surcharges at the time of purchase. The industry group Airlines for America filed the lawsuit Friday along with Delta Air Lines, American Airlines, United Airlines, JetBlue Airways, Hawaiian Airlines and Alaska Airlines. Airlines for America said in a […]
SEC pauses climate disclosure rule pending court challenge
The U.S. Securities and Exchange Commission (SEC) announced Thursday that it is suspending implementation of a final rule requiring companies to disclose climate-related risks pending the outcome of legal challenges from Republican-led states. The SEC said in its ruling that the suspension does not represent a waiver of the rule and that it will continue […]
Rep. Tim Burchett Makes Another Promise Over UFO Disclosure. Do You Believe Him?
Tennessee Republican Rep. Tim Burchett said Wednesday that more UFO hearings could be held in 2024, even though the Pentagon denies evidence suggesting aliens have visited Earth. He said that it should be possible. A report released by the Department of Defense in early 2024 essentially states that the U.S. government has never found evidence […]
Court halts SEC climate disclosure rule
A federal court on Friday blocked a new federal rule requiring publicly traded companies to disclose climate change-related information. A panel of judges from the Fifth Circuit Court of Appeals issued an order suspending the rule while litigation against it progresses. The orders from Judges Edith Jones, Stephen Higginson, and Corey Wilson, who were appointed […]
Sierra Club sues SEC over climate disclosure rule
The environmental advocacy group Sierra Club is suing the Securities and Exchange Commission (SEC), saying its new rules are not giving investors the full truth about companies’ climate risks. The Sierra Club Foundation, represented by the Sierra Club and Earthjustice, filed a lawsuit On Wednesday, it joined a growing list of states that have challenged […]
9 more states sue SEC over climate disclosure rule
Nine states sued the Securities and Exchange Commission this week over rules that require public companies to disclose some climate-related information to potential investors. The lawsuit, led by Iowa, comes after 10 states separately sued the SEC over the rule last week. The rules in question require publicly traded companies to disclose the risks that […]