(Reuters) - A federal judge on Thursday dismissed a lawsuit accusing Lyft ( LYFT ) of defrauding shareholders by waiting too long to correct a mistake in an earnings release about a key profit metric, an error that caused the ride-sharing company's stock price to gyrate wildly. U.S. District Judge Trina Thompson in San Francisco said shareholders in the proposed...

04:48 PM EST, 01/16/2025 (MT Newswires) -- Chi Fung Cheng, Director, Chief Technology Officer, on January 14, 2025, sold 60,000 shares in Credo Technology Group Holding ( CRDO ) for $4,174,458. Following the Form 4 filing with the SEC, Cheng has control over a total of 8,453,965 shares of the company, with 125,363 shares held directly and 8,328,602 controlled indirectly....

04:46 PM EST, 01/16/2025 (MT Newswires) -- Brenmiller Energy ( BNRG ) said Thursday it received a notice from Nasdaq stating that the company has regained compliance with the exchange's minimum bid price rule. The company said the rule requires listed securities to maintain a minimum bid price of $1 per share. ...

(Reuters) - Coffee giant Starbucks ( SBUX ) said on Thursday that Mellody Hobson, the lead independent director of the company's board, will depart. Hobson previously served as chair of the board from March 2021 to September 2024 and has been with the company for almost two decades. In two decades, I have never sold a single Starbucks ( SBUX...