Industry

SEC Division of Corporation Finance Ends No-Action Responses for Rule 14a-8 Shareholder Proposals

SEC’s Corporation Finance will stop issuing nonbinding no-action and no-objection replies on Rule 14a-8 shareholder proposals, shifting disputes away from staff review.

#sec, #shareholder-proposals, #corporate-governance, #rule-14a-8

Polish Media Say Zondacrypto Founder Przemysław Kral Is Cooperating With Prosecutors in Probe Over 2.4bn Zloty Losses

Polish outlets report Zondacrypto founder Przemysław Kral is cooperating with prosecutors and seeking sentence mitigation in a probe into at least 2.4bn zloty losses.

#zondacrypto, #poland, #cryptocurrency, #investigation

FTC, Five States Ask Court to Undo Zillow-Redfin Deal and Force Redfin Back Into Rental Ads

FTC and five state attorneys general proposed undoing Zillow’s $100M deal with Redfin and would require Redfin to restart its rental-advertising business.

#zillow, #redfin, #antitrust, #realestate

11th Circuit Vacates DOT Order, Keeps Delta–Aeroméxico Joint Venture Intact

The 11th Circuit on Aug. 20 vacated a DOT order forcing Delta and Aeroméxico to unwind their antitrust‑immunized joint venture, preserving the partnership.

$DAL, #airlines, #antitrust, #delta, #aeromexico

STB restarts review of Union Pacific–Norfolk Southern merger, revives environmental review

The Surface Transportation Board lifted the merger proceeding out of abeyance, reviving the environmental review and setting deadlines for public comments.

$UNP, $NSC, #rail, #merger, #unionpacific, #norfolksouthern, #stb

Teamsters Ask New York to Probe Amazon Over Delivery-Contractor Layoffs, Say Thousands Lost Jobs

Teamsters file Aug. 18 complaint alleging Amazon’s delivery-contractor network failed to give WARN notices, citing 3,500+ job losses in New York.

#amazon, #teamsters, #labor, #warnact, #delivery

Ottawa Pledges $10 Billion to Back Nearly $70 Billion Clean Power Buildout in Labrador and Quebec

Ottawa will provide $10B to support a nearly $70B clean-energy package centered on Churchill Falls, Gull Island, Labrador wind and transmission.

#canada, #cleanenergy, #hydro, #labrador

Flock Safety cuts default license-plate data retention to seven days, adds 'Evidence Mode' and new search limits

Flock Safety will cut default ALPR data retention from 30 to seven days, add Evidence Mode and mandatory misuse detection — but existing customers keep prior settings.

#flock, #alpr, #surveillance, #privacy

Home Depot CEO Ted Decker to Take Temporary Medical Leave; Leadership Split Announced

Home Depot said CEO Ted Decker is taking a temporary medical leave; Ann-Marie Campbell and CFO Richard McPhail will share interim leadership while Decker recovers.

$HD, #homedepot, #ceo, #governance, #retail, #management

Archer to Acquire Wisk, Insitu and SkyGrid from Boeing; Boeing to Take Stake

Archer will buy Boeing’s Wisk, Insitu and SkyGrid to add autonomy, defense drones and airspace software while Boeing takes an equity stake.

$ACHR, $BA, #archer, #boeing, #aviation, #defense

Trump Imposes Minimum Import Prices and New Duties on Polysilicon and Solar Products

Trump invokes national-security trade powers to set minimum import prices and duties on polysilicon and solar products and launches an onshoring incentive program effective Dec. 4.

#trade, #tariffs, #solar, #polysilicon

Amazon Pharmacy to Deliver GLP-1 Weight-Loss Drugs to Medicare Beneficiaries at $50 Monthly Copay

Amazon Pharmacy will deliver certain GLP1 weight-loss medicines to eligible Medicare beneficiaries for a $50 monthly copay under the Medicare GLP-1 Bridge demonstration.

#amazon, #medicare, #glp1, #pharmacy

Allegiant Pilots Ratify Contract, Win Immediate 40% Average Hourly Pay Hike and $300M in Retention Bonuses

Allegiant pilots ratified a two-year deal that delivers an immediate average 40% hourly pay increase, unlocks about $300M in retention bonuses and expands benefits.

$ALGT, #allegiant, #pilots, #teamsters, #labor

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.

#sec, #accounting, #enforcement, #securities, #fraud

EA Taken Private in $55 Billion Buyout Led by Saudi Public Investment Fund

A Saudi-led consortium completed a $55 billion acquisition of Electronic Arts, taking the publisher private and delisting EA from Nasdaq.

$EA, #ea, #gaming, #acquisition, #pif