business

SEC says PIMCO to pay $9 million to settle alleged disclosure and procedure violations

The U.S. Securities and Exchange Commission said investment adviser Pacific Investment Management Company will pay $9 million to settle two…

Stocks making the biggest premarket moves: Virgin Galactic, Adobe, SoFi, Cava and more

Check out the companies making the biggest moves in premarket trading: Virgin Galactic — Shares soared nearly 45% in premarket…

Bank of America makes $500 million equity push for minority- and women-led funds

Bank of America has committed to giving more than $500 million in equity investments to minority- and women-led fund managers…

Bowlero CEO calls discrimination claims made in EEOC investigation ‘absurd’

Bowlero CEO Tom Shannon on Wednesday called discrimination claims against the fast-growing bowling alley operator “absurd,” but acknowledged the federal…

Disney finance chief Christine McCarthy to step down as Iger reshapes the company

Christine McCarthy, Disney’s chief financial officer, will step down from that role, the entertainment giant said Thursday. She will take…

Justice Department to probe PGA Tour deal with Saudi-funded LIV Golf

The Department of Justice’s antitrust division has informed the PGA Tour it will review the organization’s proposed merger with Saudi-funded…

Stocks making the biggest moves midday: Cava, Domino’s Pizza, Kroger, Lennar and more

Check out the companies making the biggest moves midday. Cava Group — Shares soared 99% in midday trading during its…

Ticketmaster parent Live Nation, others agree to show ‘junk fees’ after Biden pressure

WASHINGTON — Several large companies, including Ticketmaster parent Live Nation, are vowing to end surprise “junk fees” following a pressure campaign…

Stocks making the biggest moves before the bell: American Express, Domino’s, Coinbase and more

Check out the companies making headlines in premarket trading. Target — The retailer gained 0.6% after announcing it would increase…

Olympic ski jumper Patrick Gasienica dies at 24 after motorcycle crash

CNN  —  Olympic ski jumper Patrick Gasienica has died at the age of 24. Police said they attended the scene…