The House Oversight Committee is calling for Federal Trade Commission Chair Lina Khan to be replaced, accusing her of infusing the powerful agency with “left-wing ideology” and allowing it to be used as a “political tool” for Democrats as the 2024 presidential election comes to a head…
Former Goldman Vice President Pleads Guilty to Insider Trading…
A former Goldman Sachs Vice President pleaded guilty on Wednesday to insider trading, after prosecutors alleged that he made over $130,000 in illegal profits. From 2015 through 2017, Woojae “Steve” Jung used his access to material non-public information on Goldman clients’ potential parties to mergers, acquisitions and corproate restructurings to trade through an account established […]
CVS Completing $69 Billion Aetna Merger After Winning State Approvals…
CVS Health’s $69 billion acquisition of health insurer Aetna is expected to close on Wednesday after the firms received final regulatory approvals from state insurance agencies, the pharmacy chain said in a government filing on Monday. The deal — which won approval from the Department of Justice in October — is one of several expected […]
CNN Faced $100M Lawsuit over Botched Russia Story…
The specter of a $100 million libel suit scared CNN into retracting a poorly reported story that slimed an ally of President Trump’s — and forcing out the staffers responsible for it, The Post has learned. The cable network’s coverage of Trump transition team member Anthony Scaramucci came amid federal scrutiny of corporate parent Time […]
Verizon Buys Yahoo In $4.8 Billion Attempt To Bore The Internet To Death…
Verizon has confirmed that it has acquired Yahoo in a $4.8 billion all cash deal. According to Verizon’s press announcement, the acquisition of Yahoo’s stumbling empire…