Jonathan Stempel
Stories by Jonathan Stempel
Chinese electric car company BYD slides on reports that Buffett is trimming stake
A stake matching Berkshire Hathaway's investment appeared in HK's clearing system.
Elon Musk sued for $258b by a Dogecoin investor
Musk accused of touting Dogecoin and driving up its price.
Goldman Sachs officials settle shareholder claims in 1MDB scandal for $79.5m
The bank had entered a three-year deferred prosecution agreement with the US Department of Justice in 2020.
CEO of Berkshire’s Dairy Queen eyes China, India for growth
While the pandemic delayed international expansion, Troy Bader said India could be next.
Daily Journal, long overseen by Charlie Munger, halves stake in China’s Alibaba
Warren Buffett's business partner Munger had been Daily Journal's chairman until recently.
Luckin Coffee reaches $175m class action settlement over accounting fraud
Luckin denied wrongdoing in agreeing to settle.
Cairn Energy sues Air India in US court to recover $1.2b in tax dispute with government
It's unclear if the suit could serve as a means for Cairn to seize Air India aircraft that land in the US.
Baidu defeats US shareholder lawsuit over internet law compliance in China
The lawsuit was filed in April last year.
TikTok sues Trump administration, says app ban is an election ploy
TikTok and its parent ByteDance rejected the White House’s position that it was a national security threat.
Judge rejects Uber, Lyft bids to delay California driver injunction
The ride-hailing companies want to classify drivers as "gig workers" and not employees.
