Justice Department

The U.S. Justice Department has formally charged two people with money laundering and fraud related to a “rug pull” that occurred with the launch of a non-fungible token collection. What Happened: The Justice Department is charging Ethan Nguyen (aka Frostie) and Andre Llacuna (aka...

Large technology companies have faced increased pressure from the U.S. government over potentially anti-competitive practices. A new White House appointee could mean renewed pressure on Alphabet Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL). What Happened: The White House announced the appointment of...

The Justice Department is probing financially troubled Lordstown Motors Corp., according to several media reports Friday. It is the latest blow to the company that plans to begin building battery-powered commercial pickup trucks this fall at a former General Motors plant in the northeast Ohio town...

Bill Gates is well-known as the co-founder of Microsoft Corporation (NASDAQ: MSFT). The entrepreneur is also a huge philanthropist creating the Bill and Melinda Gates Foundation in 2000 to help spread technology and medical advancements around the world and reduce poverty. Here are five things you...

Over the course of six years, U.S. Sen. David Perdue has placed 2,596 stock trades. Some of the trades may have involved possible inside information thanks to his position on several Senate sub-committees. What Happened: The New York Times published an in-depth look at Perdue’s history of...

What Happened: Nikola Corporation (NASDAQ: NKLA) Founder Trevor Milton stepped down as the company's chairman and board member early Monday morning. The electric truck manufacturer's stock has been under pressure for several weeks following a short seller report from Hindenburg Research....

The United States Department of Justice said Thursday it was filing a civil complaint to seize millions of dollars worth of cryptocurrency linked to two attacks on virtual currency exchanges by alleged North Korean hackers. What Happened: Prosecutors are moving to seize 280 accounts, which they say...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk confirmed late Thursday that the automaker was the subject of a hacking attempt by a Russian national and his co-conspirators.  What Happened: "This was a serious attack," the billionaire entrepreneur said in response to a ...

The Department of Justice on Tuesday indicted Teva Pharmaceutical Industries Ltd’s (NYSE: TEVA) United States unit for conspiring to fix prices, rig bids, and colluding with other companies to allocate customers for generic drugs. What Happened: The indictment filed in the...

The United States Department of Justice held a workshop discussing Section 230 of the Communications Decency Act on Wednesday that grants technology companies immunity from legal actions arising from content published by third-parties on their platform. The Takeaways Attorney General William...

Measures that would keep the Justice Department from interfering in legal state cannabis programs are part of a budget bill now headed to the full House floor. The U.S. House Rules Committee on Tuesday approved a series of amendments to one of the spending bills that funds the government, including...

The U.S. Justice Department is preparing for an antitrust investigation of Alphabet Inc. (NASDAQ: GOOG)(NASDAQ: GOOGL)’s Google. Officials from the Justice Department’s Antitrust Division and the Federal Trade Commission, which also enforces antitrust law, let in recent weeks to give...

The Justice Department is taking action to block AT&T Inc. (NYSE: T)'s proposed merger with Time Warner Inc (NYSE: TWX). What You Need To Know The Justice Department is suing to block the $85 billion mega-merger, as it said the combined entity would result in "fewer innovative...

What Happened: AT&T Inc. (NYSE: T) is preparing to resist Justice Department orders to divest Time Warner Inc (NYSE: TWX)’s CNN at the risk of forfeiting approval for its $84.5 billion merger. "AT&T has been told by the US Department of Justice that it needs to sell CNN" to...

Led by the likes of Sen. Chuck Schumer (D - New York), American Democrats are pushing for investigations into executive relationships with Russia, and President Donald Trump is responding tit for tat. On Friday, a Tweet was posted to Trump’s personal Twitter Inc (NASDAQ: TWTR) account...