Business

Adani-SEC Settlement

Updated 2026-05-15 04:15 UTC 1 source Negative

Billionaire Gautam Adani and his nephew agreed to a $18 million settlement with the U.S. Securities and Exchange Commission over fraud allegations.

Coverage timeline — 2 articles

CNBC

Billionaire Gautam Adani and nephew agree to pay $18 million in SEC settlement over fraud allegations

Indian billionaire Gautam Adani and his nephew Sagar Adani have agreed to settle a U.S. Securities and Exchange Commission lawsuit over allegations they misled investors.

2026-05-15 04:00 UTC

CNBC

Honda shares rise over 7% as investors shrug off first operating loss in nearly 70 years

Honda Motor rose over 7% on Friday, even after posting its first annual operating loss in nearly 70 years

2026-05-15 04:11 UTC