Business

SEC News: SEC Charges Former Panasonic Executives, Paul A. Margis

Washington DC – The Securities and Exchange Commission (SEC) today charged two former senior executives of the U.S. subsidiary of Panasonic Corp. with knowingly violating the books and records and internal accounting controls provisions of the federal securities laws and causing similar violations by the parent company. According to the SEC’s order against Paul A. Margis, then-CEO … Continue reading SEC News: SEC Charges Former Panasonic Executives, Paul A. Margis

Need some milk? Driverless cars start delivering groceries

The nation’s largest grocery chain leaped into the driverless delivery market Tuesday, bringing milk, eggs and other items to some customers’ homes in a vehicle with nobody at the wheel. Although limited to delivering within about a mile (1.5 kilometers) of one Arizona supermarket owned by Kroger Co., it represents the latest step for industries … Continue reading Need some milk? Driverless cars start delivering groceries

SEC News: SEC Adopts Final Rules for Disclosure of Hedging Policies

Washington DC – The Securities and Exchange Commission (SEC) today approved final rules to require companies to disclose in proxy or information statements for the election of directors any practices or policies regarding the ability of employees or directors to engage in certain hedging transactions with respect to company equity securities. “The new rules will provide for … Continue reading SEC News: SEC Adopts Final Rules for Disclosure of Hedging Policies

Business News: Missile Defense Agency Awards Lockheed Martin Contract To Design, Manufacture And Construct Homeland Defense Radar-Hawaii

MOORESTOWN, NJ – Lockheed Martin (NYSE: LMT) was awarded a $585 million contract by the Missile Defense Agency (MDA) to design, develop and deliver its Homeland Defense Radar-Hawaii (HDR-H) in Oahu, Hawaii. The HDR-H radar will provide autonomous acquisition and persistent precision tracking and discrimination to optimize the defensive capability of the Ballistic Missile Defense … Continue reading Business News: Missile Defense Agency Awards Lockheed Martin Contract To Design, Manufacture And Construct Homeland Defense Radar-Hawaii

WASHINGTON | Shutdown threat recedes as Trump softens stance on wall

WASHINGTON— President Donald Trump appeared Tuesday to back off his demand for $5 billion to build a border wall, signaling for the first time that he might be open to a deal that would avoid a partial government shutdown. The White House set the tone when press secretary Sarah Huckabee Sanders indicated that Trump doesn’t … Continue reading WASHINGTON | Shutdown threat recedes as Trump softens stance on wall

St. Louis Business News: Executive Vice President and Chief Information and Digital Officer of Hilton Worldwide Holdings Elected to Ameren Board of Directors

ST. LOUIS, MO – The Board of Directors of Ameren Corporation (NYSE: AEE) announced today that Noelle K. Eder has been elected to the Ameren Board of Directors effective December 15, 2018. Eder has served as the Executive Vice President and Chief Information and Digital Officer of Hilton Worldwide Holdings Inc. since March 2018.  Hilton … Continue reading St. Louis Business News: Executive Vice President and Chief Information and Digital Officer of Hilton Worldwide Holdings Elected to Ameren Board of Directors

DENVER | Colorado baker back in court over 2nd LGBT bias allegation

DENVER — Attorneys for a Colorado baker who refused to make a wedding cake for a gay couple on religious grounds — a stand partially upheld by the U.S. Supreme Court — argued in federal court Tuesday that the state is punishing him again over his refusal to bake a cake celebrating a gender transition. … Continue reading DENVER | Colorado baker back in court over 2nd LGBT bias allegation

WASHINGTON | Gambling capital: DC votes to legalize sports betting

WASHINGTON— City lawmakers in Washington have voted to legalize sports betting, making the nation’s capital the first U.S. jurisdiction without casinos to authorize sports books. The D.C. Council voted 11-2 on Tuesday to authorize betting on professional sports at the city’s stadiums and arenas, private businesses like restaurants and liquor stores, and within the city … Continue reading WASHINGTON | Gambling capital: DC votes to legalize sports betting