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Elon Musk settles SEC lawsuit over Twitter disclosures, $1.5 million fine imposedElon Musk has settled a civil lawsuit with the US Securities and Exchange Commission. The case involved his delayed disclosure of initial p...
Why world's richest man Elon Musk is facing scrutiny from world's most powerful market regulator?For six years, Elon Musk has been entangled in conflicts with U.S. regulatory agencies, particularly the Securities and Exchange Commission...
Elon Musk has until Monday to respond to SEC Twitter settlement, source saysElon Musk on Thursday posted on X a copy of a letter sent by his lawyer to SEC Chair Gary Gensler saying the agency had given Musk 48 hours...
Old Nemesis is after Elon Musk again. What will world's richest person do now?Elon Musk has been given a deadline till Monday to reply over a dispute pertaining to take over of Twitter.
Elon Musk asks court to reject SEC's bid to make him testify in Twitter probeMusk filed the objections in San Francisco federal court, where the SEC sued him on Oct. 5 to make him testify for the probe, which it laun...
African electric motorcycle startup Spiro to expand Kenya and UgandaSpiro's scooters and motorcycles have batteries that can be removed quickly and has developed a network of stations where low batteries can...
What does Elon Musk's lawyer Alex Spiro say is the secret to winning? A very good questionThe 40-year-old Quinn Emanuel Urquhart & Sullivan partner, who also successfully represented Musk at trial in 2019 in a $190 million defama...
Elon Musk defiantly defends himself in Tesla tweet trialElon Musk returned to federal court to defend himself against a class-action lawsuit that alleges he misled Tesla shareholders with a tweet...
Elon Musk to return to stand in fraud trial over 2018 Tesla tweetMillions of dollars are at stake as well as the reputation of Musk, whose personal stature is a central asset of the Tesla brand. The trial...
Elon Musk depicted as liar, visionary in Tesla tweet trialElon Musk was depicted Wednesday as either a liar who callously jeopardized the savings of "regular people" or a well-intentioned visionary...
Elon Musk depicted as liar, visionary in Tesla tweet trialThe tweets indicated that Musk had lined up the financing to take Tesla private at a time when the automaker's stock was slumping amid prod...
Elon Musk appeals ruling that upheld securities fraud settlementElon Musk's lawyer Alex Spiro filed a notice of appeal Wednesday with the federal appeals court in Manhattan. No grounds were stated, and a...
Tesla stockholders ask judge to silence Elon Musk in fraud caseElon Musk, during an interview Thursday at the TED 2022 conference, said he had the funding to take Tesla private in 2018
Tesla may head for trial over Musk's '18 tweetTo fend off allegations that the missive was fraudulent, Musk repeated in a court filing last month what he explained three and a half year...
US securities agency denies claims it's harassing Elon MuskIn 2018, Musk and Tesla each agreed to pay USD 20 million in civil fines over Musk's tweets about having the money to take the company priv...
Elon Musk, Tesla attack SEC for 'unrelenting' harassmentThe letter escalates Musk's battle with regulators as they scrutinize his social media posts and Tesla's treatment of workers, including ac...
Elon Musk says his tweet about taking Tesla private was ‘entirely truthful’Lawyers for the billionaire chief executive officer of the electric-car maker said in a court filing Tuesday that Saudi Arabia’s sovereign ...
- European Union leaders weigh rescue measures at crisis meet
European Union leaders focused on immediate help for Spain and Italy at the start of a two-day summit intended to chart a path out of their...
- France fights to avoid euro zone bank contagion
With a gaping public deficit, the euro zone's second largest economy wants to be sure it is not sucked into the bloc's game of debt-crisis ...
- Spanish woes push up Italian borrowing costs sharply
Italy and Spain have traded testy comments in recent days on who is to blame for the rise in borrowing costs which has afflicted both count...