General news

Better.com misled investors before SPAC deal stalled, ex-executive says

A former Better.com senior executive has alleged in a lawsuit that the online mortgage lender misled investors in financial documents and other statements it made as it tried to go public. Sarah Pierce, former executive vice president of sales and operations at Better.com, alleged in the lawsuit that chief executive Vishal Garg and company misrepresented …

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Two future kings set to honor Elizabeth at Jubilee concert

LONDON — Thousands of people gathered outside Buckingham Palace for a star-studded concert where two future monarchs will pay their respects to Queen Elizabeth II on Saturday, the third day of a Platinum Jubilee extravaganza marking her 70 years on the throne. PrinceCharles and Prince William, the Queen’s son and grandson, are due to address …

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The United States creates 390,000 jobs in May and shows that the economy is still at cruising speed

Numbers: The United States added 390,000 stronger-than-expected new jobs in May, signaling that the job market and the economy in general are still strong despite some fraying around the edges. Economists polled by The Wall Street Journal had forecast a smaller increase of 328,000 new jobs after reports leading to the government jobs survey hinted …

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Elon Musk Called ESG a Scam – Did Tesla Chief Do Investors a Favour?

Investing typically uses a combination of head, heart, and gut, even though it’s not supposed to. And perhaps no market theme evokes “all the emotions” like ESG. This week, a major decision to remove Tesla from a closely tracked environmental, social and governance (ESG) index drew anger and relief in almost equal measure. Defiance was …

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