The charge is part of an alleged bid-rigging scheme linked to the retailer’s bankruptcy. According to the Justice Department, Kame Mensky sought to suppress rival bids for Neiman’s My Theresa property so that Marble Ridge could secure the shares at a lower price. He then tried to force a competitive …
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Shares erased all their gains on Wednesday after a massive rally on Wednesday as the S&P 500 and the Nasdaq reached their second record highs. The Nasdaq also had Wednesday went above 12,000 points for the first time in history. Around noon, all three main indexes had returned from their …
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In a new memo to its employees, United (UAL) As many as 1,370 employees will be laid off when pay cuts linked to the federal bailout expire on October 16, United officials told reporters Wednesday, less than half of the airline’s July furlough forecast, with early retirees accepting or volunteering …
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The size of the text Bailey Gifford is the largest holder of Tesla shares outside of the passively managed index fund outside of Elon Musk. By Tobias Schwarz Pool / AFP Getty Images Long time Tesla The shareholder is taking money from the table. Bailey Gifford, the UK-based asset manager, …
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AP Images Warren Buffett’s Berkshire Hathaway on Sunday announced a 5% stake in five Japanese trading houses. Itochu, Marubeni, Mitsubishi, Mitsui, And Sumitomo’s combined was 9 96.9 billion as of Wednesday’s close. Billionaire investors may have been fascinated by their frustrated appraisals and sporadic operations, and may have seen them …
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