Ten States Sue to Block T-Mobile, Sprint Merger
If the states obtain an injunction before the deal is consummated, "that would bring things to a halt."
Hudson’s Bay Investors Propose Go-Private Deal
"Improving HBC's performance will require significant time and patient long-term capital that is better suited in a private company context."
Canon, Toshiba Fined Over Antitrust Violations
The companies allegedly structured a deal so it would not be delayed by U.S. pre-merger notification laws.
Salesforce to Buy Tableau in $15B Analytics Move
The acquisition combines Tableau's tools for understanding data with Salesforce's solutions for understanding customers.
Insys to Pay $225M to Settle Painkiller Probes
The maker of the fentanyl spray Subsys "is being held responsible for its role in fueling the opioid epidemic," a prosecutor says.
Ex-EY Partner Sanctioned Over Inadequate Audit
The PCAOB says William Trainor improperly concluded he did not have to issue an adverse ICFR opinion for Forest Oil.
Beyond Meat Sales Go Beyond Estimates in Q1
The company says its first earnings report since going public demonstrates "mainstream consumers' desire for plant-based meat products."
ECB Leaves Rates Unchanged, Hints at Easing
Amid "pervasive uncertainty" over trade, "the ECB and the U.S. Federal Reserve appear to have given up on plans to tighten [monetary] policy."
SEC Charges Longfin CEO With Accounting Fraud
Venkata Meenavalli, who was previously accused of illegal stock distribution, is now also facing charges that he falsified nearly 90% of Longfin's revenue.
SEC Sues App Developer Kik Over $100M ICO
"The securities laws should not be applied to a currency used by millions of people in dozens of apps," Kik responds.
GameStop Shares Drop 29% After Dividend Halt
The video game retailer will save about $157 million a year by eliminating the dividend as it struggles with shrinking profits.