Attorneys for the US SEC and Elon Musk will argue for a $1.5 million settlement before a DC judge over Musk’s delayed disclosure of a 5% stake in Twitter. The SEC lawsuit alleges that by not reporting it promptly in April 2022, Musk avoided costs worth about $150 million. The hearing focuses on whether the settlement is acceptable and how it ends the dispute.
United Breweries disclosed that an employee mistakenly shared unpublished, price-sensitive draft financial results with an external party. The company moved fast, releasing the final results on the same day. It says the prompt disclosure should rule out further regulatory action and is reviewing controls to strengthen corporate governance and prevent repeats.
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Donald Trump says his administration is preparing to release “very interesting” UFO and UAP files soon, pointing to military pilots’ claims of extraordinary sightings. The move would mark the biggest executive push toward disclosure in decades, even as the Pentagon urges restraint and has cautioned against alien-related conclusions.
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