In a statement XPO Logistics Inc said it plans on spinning off its warehousing and logistics business into a separate publicly traded company. While the freight transportation and truck brokerage businesses will continue to remain with XPO, the new company… Read More ›
publicly traded
SEC proposes changes in Regulations S-K to ease compliance in regulatory filings
The move is part of a broader plan to modernize the compliance regime. In a significant development, the U.S. Securities and Exchange Commission has proposed changes to rules governing how publicly-traded companies disclose business, legal, and risk factors in regulatory… Read More ›
Trump Administration introduces bill to ease the exports of small arms
The move is likely to boost the sales of guns, but it is unlikely to have a significant impact on the overall revenues of U.S. gun makers, since exports sales account for only 10% of their total revenues. In efforts… Read More ›