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Robinhood Settles Massachusetts Regulators' Trading Case for $7.5 Million

Online brokerage Robinhood on Thursday agreed to pay a $7.5 million fine and overhaul its practices to resolve allegations by Massachusetts' securities regulators that it encouraged inexperienced

Diamond Sports Reaches Bankruptcy Deal With Amazon, Creditors to Avoid Liquidation

Diamond Sports Group, the largest regional sports broadcaster, has reached a restructuring agreement with creditors in bankruptcy, with Amazon agreeing to invest in its streaming business, WSJ Pro

About Two-Thirds of California Solar Firms Have a Cash Problem

About two-thirds of home solar installers in California are struggling to generate enough sales to operate their businesses after the state slashed incentives for customers to buy rooftop panels, a

Coinbase, SEC Face Off in Court over Crypto Securities

A federal judge in Manhattan yesterday grilled Coinbase and the Securities and Exchange Commission (SEC) about their divergent views on whether and when digital assets are securities, in a case

Tattered Cover Owners File First Part of Chapter 11 Reorganization Plan

Representatives for the owner and operator of the Tattered Cover bookstore chain have filed part of a reorganization plan for the business under the chapter 11 bankruptcy reorganization process that

Fed’s Bank Capital Plan Needs Substantive Changes, Bowman Says

Federal Reserve Governor Michelle Bowman said the central bank’s controversial proposal to boost lenders’ capital needs “substantive changes” and the Fed should seek comment on any revised plan, a

NRF: U.S. Holiday Sales Rise 3.8% in 2023

U.S. consumers defied inflation to ring in a solid 2023 holiday shopping season that offered big discounts and flexible payments, displaying a strong appetite for beauty products and apparel, fueling

Future FinTech CEO Denies SEC’s Manipulative-Trading Allegations

The chief executive of Future FinTech Group, Shanchun Huang, denied allegations from the U.S. Securities and Exchange Commission that he artificially inflated the company’s share price before taking

Crypto Miner Core Scientific to Exit Bankruptcy

Crypto mining firm Core Scientific Inc. won court approval to exit bankruptcy and implement a restructuring plan that trims about $400 million in debt from its balance sheet and fully repays company

Coinbase, SEC Set to Face Off in Federal Court over Regulator's Crypto Authority

Coinbase will argue at a court hearing on Wednesday that the U.S. securities regulator should drop its case against it because the tokens traded on its crypto exchange are not akin to securities, said