Latest in Super Micro shares plunge 35% as auditor resigns after raising concerns months earlier
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Super Micro shares plunge 30% as auditor resigns after raising concerns months earlier
Ernst & Young resigned over accounting and governance concerns at the buzzy AI firm, which has faced regulatory scrutiny before.Business - CNBC - 1 hour ago -
What the Budget means for your money
Key measures on tax, investments, pensions and propertyBusiness - Financial Times - 3 hours ago -
The Budget in brief: what you need to know
A quick guide to the UK chancellor’s main policy announcements and official economic forecastsBusiness - Financial Times - 1 hour ago -
Super Micro Computer shares plunge after EY resigns as auditor
Server maker said in August it would delay the release of its fiscal year 2024 resultsBusiness - Financial Times - 3 hours ago -
Super Micro Computer's shares plunge after accounting firm resigns
Shares of Super Micro Computer plunged more than 30% by midday Wednesday, after the server maker disclosed that Ernst & Young had resigned as its public accounting firmTech - ABC News - 9 minutes ago -
Super Micro Computer Tumbles After Auditor EY Resigns
Ernst & Young has resigned as the auditor for Super Micro Computer after finding that it can no longer rely on management’s misrepresentations.Tech - The Wall Street Journal - 2 hours ago -
Super Micro’s troubles build as auditor resigns, sending stock tumbling 30%
Super Micro filing indicates Ernst & Young flagged governance concerns back in July, which was before a short seller’s report put them on the minds of investors.Business - MarketWatch - 2 hours ago -
Pro-Harris Super PAC Raises Concerns About Focusing on Trump and Fascism
The group, Future Forward, warned that attacking Donald J. Trump as a fascist or questioning his character or stamina are less effective than highlighting Kamala Harris’s proposals.Top stories - The New York Times - 2 days ago -
Trump Media shares fall nearly 10% after DJT plunge triggers trading halt
Trading in Trump Media shares was briefly halted due to volatility, after the Truth Social owner's stock suddenly plunged in price.Business - CNBC - October 15 -
Trump Media's stock is halted after sudden plunge in DJT shares
Trading in Trump Media, owner of Truth Social, was halted briefly on Tuesday after the stock suddenly plunged.Top stories - CBS News - October 15 -
Chapel Down shares plunge after winemaker pulls back on sale plans
England’s largest producer says it will remain independent and also downgrades sales guidanceWorld - Financial Times - 5 days ago -
ASML share plunge wipes over $50 billion off Dutch chip giant's value
ASML published its third-quarter earnings Tuesday, a day earlier than expected.Business - CNBC - October 16 -
Olympus shares drop over 5% after CEO resigns over drug allegation
The stock slid 5.3% on the Tokyo Stock Exchange following news of Stefan Kaufmann's resignation.Business - CNBC - 2 days ago -
Air taxi firm Lilium's shares plunge 61% after company says main subsidiaries will file for insolvency
Shares of Lilium tanked Thursday after the air taxi firm said in a filing that its two main subsidiaries plan on filing for insolvency in the coming days.Business - CNBC - 5 days ago -
Concerns raised over access to UK Biobank data after ‘race scientists’ claims
Expert says any suggestion of Human Diversity Foundation accessing sensitive data could affect public trust in science. Concerns have been raised about access to a scientific trove containing the ...World - The Guardian - 4 days ago -
Japan’s PM vows to stay on after election debacle
Shigeru Ishiba has presided over a result that threatens to plunge country’s politics into paralysisBusiness - Financial Times - 2 days ago -
Wise chief executive fined £350,000 over ‘tax issues’
UK financial regulator says Kristo Käärmann breached conduct rules but clears him to continue in his jobBusiness - Financial Times - 2 days ago -
From intern to CEO: does it pay to be a company lifer?
Executives who spend their career at one place can boost morale and loyalty but risk stifling innovationBusiness - Financial Times - 2 days ago -
Reddit shares soar 40% on profitability, rosy guidance
Reddit shares popped Wednesday, one day after the company reported rosy third-quarter results.Business - CNBC - 1 hour ago -
Elon Musk's PAC giveaway raises legal concerns
Elon Musk is giving away big bucks to random voters who sign a petition from his political action committee. But there's a catch — and it's raising concerns about possible campaign finance ...Top stories - CBS News - October 21 -
Ballot drop box fires raise voter concerns
Police are still searching for the person suspected of setting Oregon and Washington drop boxes on fire Monday morning, destroying hundreds of ballots. The attacks prompted increased security ...Top stories - CBS News - 17 hours ago -
This five-star fund’s formula rode Super Micro’s gain, while its disciplined strategy avoided the stock’s brutal decline
The Hennessy Cornerstone Growth Fund follows a highly rated strategy of selecting its entire portfolio from scratch once a year.Business - MarketWatch - October 19 -
Israel says a Hezbollah official expected to be the group's next leader was killed in an airstrike earlier this month
Israel says a Hezbollah official expected to be the group's next leader was killed in an airstrike earlier this monthWorld - ABC News - October 22 -
FirstFT: Shares in McDonald’s plunge on links to E. coli outbreak
Also in today’s newsletter, Israel claims Nasrallah’s heir killed and Starbucks scraps financial guidanceWorld - Financial Times - October 23 -
Boeing machinists to vote on new proposal with 35% raises that could end strike
The IAM will vote Wednesday on the new proposal which includes 35% wage increases over four years, a higher signing bonus of $7,000 and more.Business - CNBC - October 21 -
Beleaguered Boeing Sells More Shares to Raise Cash
As a six-week strike drags on, the financially strained planemaker offers more shares to investors as it struggles with its turnaround.Business - Inc. - 2 days ago -
'Terrified and angry': patients voice concerns as eye hospital to shut for six months
The Princess Alexandra Eye Pavilion in Edinburgh is due to close for six months at the end of the month.Top stories - BBC News - October 19 -
US raises concern over Chinese military drills near Taiwan
The United States said it is “seriously concerned” about Chinese military drills near Taiwan on Monday. State Department spokesperson Matthew Miller said the U.S. is concerned by the joint military ...Politics - The Hill - October 14 -
David Lammy urged to raise human rights concerns on China trip
Exclusive: Group of UK MPs says foreign secretary must ‘engage with China as it really is’ amid rapprochement drive. David Lammy must “engage with China as it really is under the leadership of Xi ...World - The Guardian - October 16 -
Canadians with nonterminal conditions sought assisted dying for social reasons
Some people have asked to be killed due to non-medical reasons – including isolation and homelessness. An expert committee reviewing euthanasia deaths in Canada ’s most populous province has ...World - The Guardian - October 17 -
