SEC Creates Financial Reporting and Accounting Unit to Target Accounting Fraud
On Aug. 5 the SEC announced a new Enforcement Division Financial Reporting and Accounting Unit, led by Timothy Zimmerman, to pursue accounting and reporting fraud.
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On Aug. 5 the SEC announced a new Enforcement Division Financial Reporting and Accounting Unit, led by Timothy Zimmerman, to pursue accounting and reporting fraud.
A Saudi-led consortium completed a $55 billion acquisition of Electronic Arts, taking the publisher private and delisting EA from Nasdaq.
Pfizer lifted the midpoint of its 2026 revenue forecast after stronger-than-expected sales from non-COVID drugs, despite a GAAP loss from write-downs.
FAA issues amended type certificate for Boeing's 737-7, clearing regulatory obstacles and allowing deliveries to begin with Southwest as launch customer.
Amgen disclosed a material cybersecurity incident in a July SEC filing, saying unauthorized activity in third‑party cloud environments led to exfiltration of proprietary and patient data.
On July 26 the Energy Department authorized Southwest Power Pool to dispatch generators and tap data‑center backup power to maintain reliability during a heat wave.
General Dynamics Electric Boat received $71.6B in awards for 14 submarines — five Columbia-class and nine Virginia-class — supporting shipyard expansion and hiring.
FTC, California and Utah sued telehealth firm Hims & Hers, alleging it shared sensitive health data with Meta and Snap and used deceptive subscription billing.
SAG-AFTRA voted July 25 to oppose the proposed Paramount Skydance–Warner Bros. Discovery merger and back state and WGA antitrust lawsuits.
Gulf oil exporters are fast-tracking multibillion-dollar pipelines and routes to reroute crude around the Strait of Hormuz after months of shipping disruptions.
BitMart halted new registrations and deposits and set an Aug. 26 deadline to close positions as it begins an orderly wind-down; BMX token plunged about 58%.
California and 11 states secured an agreement keeping Warner Bros. Discovery’s proposed merger with Paramount on hold until a court rules or June 1, 2027.
Poolin filed Chapter 11 in the U.S., seeking court sale of two West Texas bitcoin sites backed by $52M in stalking‑horse bids; wallet IOUs dwarf likely proceeds.
IEA says full implementation of China’s expanded rare‑earth export controls could put about $6.5 trillion a year of non‑Chinese downstream production at risk.
EU regulators cleared the PIF-led $55B takeover of Electronic Arts, lifting a major antitrust obstacle though foreign-subsidy and U.S. reviews remain.
The Surface Transportation Board ordered Union Pacific and Norfolk Southern to make employee-impact exhibits public, revealing projected job changes ahead of a filing deadline.
Teamsters announce an agreement in principle with United for more than 11,000 mechanics, including a $54M signing bonus; ratification still required.
Dublin-based lessor AerCap placed a firm order for 15 Boeing 787-9 Dreamliners at Farnborough, signaling sustained demand for modern widebodies.
MSC Air Cargo ordered five Boeing 777-8 freighters at the Farnborough Airshow, its first 777-8 purchase as demand for Boeing’s large freighter grows.
A federal judge in California issued a temporary restraining order halting the $110 billion Paramount Skydance–Warner Bros. Discovery merger while states press antitrust claims.