Jonathan Wong
The Latest
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Boeing Faces New Investigation Over Potential Falsification of 787 Dreamliner Records
The U.S. Federal Aviation Administration (FAA) has launched a new investigation into Boeing after the planemaker voluntarily informed the regulator that it might have failed to properly carry out certain quality inspections on its 787 Dreamliner planes. 
The U.S. Federal Aviation Administration (FAA) has launched a new investigation into Boeing after the planemaker voluntarily informed the regulator that it might have failed to properly carry out certain quality inspections on its 787 Dreamliner planes. -
Trump Media Ousts Auditor Amid SEC Fraud Charges, Appoints New Firm
Trump Media & Technology Group has dismissed its accounting firm, BF Borgers, and engaged a new auditor, Semple, Marchal & Cooper LLP, after the SEC charged BF Borgers with conducting what it described as "sham audits," alleging the firm failed to conduct legitimate reviews and signed off on more than 1,500 regulatory filings improperly. 
Trump Media & Technology Group has dismissed its accounting firm, BF Borgers, and engaged a new auditor, Semple, Marchal & Cooper LLP, after the SEC charged BF Borgers with conducting what it described as "sham audits," alleging the firm failed to conduct legitimate reviews and signed off on more than 1,500 regulatory filings improperly. -
Qantas Settles for $79 Million in 'Ghost Flights' Lawsuit Amid Corporate Reputational Crisis
Qantas Airways has agreed to pay AUD 120 million (USD 79 million) to settle a lawsuit regarding the sale of thousands of tickets on flights that had already been canceled. This settlement marks a critical juncture for the Australian flagship carrier as it attempts to rebuild trust and stabilize its brand. 
Qantas Airways has agreed to pay AUD 120 million (USD 79 million) to settle a lawsuit regarding the sale of thousands of tickets on flights that had already been canceled. This settlement marks a critical juncture for the Australian flagship carrier as it attempts to rebuild trust and stabilize its brand. -
Sony and Apollo Express Interest in $26 Billion Paramount Buyout Amid Skydance Bid Deliberations
Paramount Global finds itself at a crossroads as the company weighs competing offers from Sony Pictures and private equity firm Apollo Global Management, as well as Skydance Media, backed by private equity firms RedBird Capital and KKR. 
Paramount Global finds itself at a crossroads as the company weighs competing offers from Sony Pictures and private equity firm Apollo Global Management, as well as Skydance Media, backed by private equity firms RedBird Capital and KKR. -
Coinbase Capitalizes on Bitcoin Surge, Posts Strong Q1 Earnings
Coinbase Global Inc. reported a significant earnings beat for the first quarter, with revenues soaring past analyst expectations, thanks in part to a robust rally in bitcoin prices. The company's financial results were bolstered by increased trading volumes and a surge in transaction revenue, reflecting heightened investor interest in cryptocurrencies. 
Coinbase Global Inc. reported a significant earnings beat for the first quarter, with revenues soaring past analyst expectations, thanks in part to a robust rally in bitcoin prices. The company's financial results were bolstered by increased trading volumes and a surge in transaction revenue, reflecting heightened investor interest in cryptocurrencies. -
Apple Reports Resilient Q2 Earnings Amidst iPhone Sales Decline
Apple Inc. (AAPL) delivered its second-quarter earnings report on Thursday, surpassing Wall Street expectations even as iPhone sales fell by 10%. Despite the overall decline in revenue, particularly in the Greater China region, the tech giant saw its shares rise by as much as 4% in extended trading. 
Apple Inc. (AAPL) delivered its second-quarter earnings report on Thursday, surpassing Wall Street expectations even as iPhone sales fell by 10%. Despite the overall decline in revenue, particularly in the Greater China region, the tech giant saw its shares rise by as much as 4% in extended trading. -
Trump Media Calls for Congressional Probe into Alleged Stock Manipulation
Devin Nunes, CEO of Trump Media, has intensified his call for legislative scrutiny into the short selling practices affecting the company's stock. Trump Media, holding a significant interest by former President Donald Trump, has been in the spotlight since its shares began trading publicly, sparking controversial debates over its valuation and stock movements. 
Devin Nunes, CEO of Trump Media, has intensified his call for legislative scrutiny into the short selling practices affecting the company's stock. Trump Media, holding a significant interest by former President Donald Trump, has been in the spotlight since its shares began trading publicly, sparking controversial debates over its valuation and stock movements. -
Wayfair Narrows Losses and Beats Revenue Estimates Amid Workforce Reductions
Wayfair Inc., the well-known online furniture retailer, reported a significant reduction in its quarterly losses, exceeding Wall Street's forecasts for both revenue and earnings. The company's shares surged by over 10% in Thursday morning trading, reflecting investor optimism spurred by these stronger-than-expected results. 
Wayfair Inc., the well-known online furniture retailer, reported a significant reduction in its quarterly losses, exceeding Wall Street's forecasts for both revenue and earnings. The company's shares surged by over 10% in Thursday morning trading, reflecting investor optimism spurred by these stronger-than-expected results. -
Shell Reports $7.7 Billion Profit Amid Surge in Oil Trading and LNG Production
Shell Plc delivered a robust financial performance in the first quarter, announcing profits that significantly exceeded market expectations. On Thursday, the energy giant revealed it had achieved a staggering $7.7 billion in earnings for the quarter, driven by exceptional results in oil trading and an uptick in liquefied natural gas (LNG) production. 
Shell Plc delivered a robust financial performance in the first quarter, announcing profits that significantly exceeded market expectations. On Thursday, the energy giant revealed it had achieved a staggering $7.7 billion in earnings for the quarter, driven by exceptional results in oil trading and an uptick in liquefied natural gas (LNG) production. -
Peloton CEO Barry McCarthy Resigns Amid 15% Staff Layoffs and Debt Refinancing Efforts
Peloton, the once-thriving connected fitness company, announced a major leadership shakeup and another round of layoffs on Thursday as it grapples with declining sales and mounting debt. CEO Barry McCarthy, who took the helm just over two years ago, will step down and become a strategic advisor to the company through the end of the year. 
Peloton, the once-thriving connected fitness company, announced a major leadership shakeup and another round of layoffs on Thursday as it grapples with declining sales and mounting debt. CEO Barry McCarthy, who took the helm just over two years ago, will step down and become a strategic advisor to the company through the end of the year.
