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Tesla, Musk must face shareholder lawsuit over going-private tweet
By Jonathan Stempel (Reuters) – A federal judge said Tesla Inc and Chief Executive Elon Musk must face a lawsuit claiming they misled shareholders when Musk tweeted that he had secured funding to take his electric car company private in a $72 billion transaction. U.S. District Judge Edward Chen ruled on Wednesday that shareholders could […]
Exclusive: China’s Ant aims for $200 billion price tag in private share sales – sources
By Julie Zhu, Kane Wu and Zhang Yan HONG KONG/BEIJING (Reuters) – Ant Financial [ANTFIN.UL] shares are being offered privately at levels which value the Chinese financial giant at $200 billion, two people with knowledge of the discussions said, lifting it up the ranks of the most valuable unlisted companies. Alibaba affiliate Ant, which had […]
Japan’s Sakurajima volcano erupts, triggering evacuation – The Denver Post
TOKYO — A volcano on Japan’s main southern island of Kyushu erupted Sunday night, spewing ash and rocks. There were no immediate reports of damage or injuries in nearby towns but residents were advised to evacuate. Japan’s Meteorological Agency said Sakurajima volcano erupted at around 8:05 p.m., blowing off large rocks as far as 2.5 […]