Today’s top business headlines with ChristineRomans: - S&P 500 climbs to five-month high - CNN poll: 7 in 10 say economy in good shape - Lyft plans to raise more than $2B in its IPO - DraftKings looks to cash in on March Madness
London 1. Elon Musk vs. SEC: The US Securities and Exchange Commission is asking a federal judge to hold Elon Musk in contempt of court following"stunning" behavior by the Tesla CEO.
The regulator said Monday that Musk had continued to fire off tweets about Tesla without consulting others at the company despite having agreed to a court-ordered settlement requiring him to do so.Musk agreed to the deal with the SEC in order to settle charges over his controversial tweet in August about his plans to take Tesla private. But the SEC has since found fault with Musk's tweeting.
Thursday — Earnings from Darden Restaurants , Tencent and Nike ; Levi Strauss IPO expected; Bank of England's rate decision
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SEC: Elon Musk's failure to comply with court order over his tweets is 'stunning'The US Securities and Exchange Commission has said it was 'stunning' that Elon Musk had continued to fire off tweets about Tesla without consulting others at the company, despite having agreed to a court-ordered settlement requiring him to do so
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SEC shreds Elon Musk’s contempt defense, says he’s ignoring court orderAttorneys for the Securities and Exchange Commission on Monday blasted Tesla Inc. Chief Executive Elon Musk’s defense over whether he should be held in...
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