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SEC

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The US Securities and Exchange Commission (SEC) is looking into Eastman Kodak Co.’s handling of information regarding a massive federal drug loan of $765 …

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It would have been illegal for Elon Musk’s tweet to announce crucial market-moving information on Tuesday: he’s “considering taking Tesla private,” but not for …

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Candy Crush Saga, most downloaded free app on iPhones and iPads in 2013 is now hoping its popularity will result into sugar crush by going public.

King Digital Entertainment PLC, behind Candy Crush and several other big mobile games such as Bubble Witch Saga, Pet Rescue Saga and Papa Pear Saga has filed its initial IPO papers with the Securities and Exchange Commission.King hasn’t disclosed yet how many shares it expects to offer in the IPO or a projected price range for the stock. The company is hoping to raise as much as $500 million in the offering.

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The federal regulators warned Goldman Sachs Group Inc. and Wells Fargo & Co., the biggest U.S. home lender, of facing civil assertions attached to sales of mortgage-backed securities. The companies have been told that the U.S. Securities and Exchange Commission may take legal action against them in civil court over allegedly careless revelations of the risks of subprime mortgage bonds united to the financial crisis.

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While some of Google’s competitors have claimed that that the no. 1 search engine company manipulates the online advertising market, others have accused Google of influencing rankings of search results in a manner that results in maximum traffic getting diverted to its own products and away from competitive offerings.

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