S&P 500   3,957.63
DOW   33,852.53
QQQ   280.57
Three Reasons It’s Time To Get Bullish On Organigram
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
The AP Interview: IMF head urges China to end mass lockdowns
Survivor of Virginia Walmart mass shooting files $50M suit
The Lithium "Lie" (Ad)
Can I Apply for Supplemental Security Income Online?
US stocks edge lower in unsteady trading, oil prices rise
The Lithium "Lie" (Ad)
Opportunity Strikes! Hibbett, Inc Falls Flat On Strong Results
Walmart employee who survived mass shooting at store in Virginia has filed a $50 million lawsuit against the company
S&P 500   3,957.63
DOW   33,852.53
QQQ   280.57
Three Reasons It’s Time To Get Bullish On Organigram
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
The AP Interview: IMF head urges China to end mass lockdowns
Survivor of Virginia Walmart mass shooting files $50M suit
The Lithium "Lie" (Ad)
Can I Apply for Supplemental Security Income Online?
US stocks edge lower in unsteady trading, oil prices rise
The Lithium "Lie" (Ad)
Opportunity Strikes! Hibbett, Inc Falls Flat On Strong Results
Walmart employee who survived mass shooting at store in Virginia has filed a $50 million lawsuit against the company
S&P 500   3,957.63
DOW   33,852.53
QQQ   280.57
Three Reasons It’s Time To Get Bullish On Organigram
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
The AP Interview: IMF head urges China to end mass lockdowns
Survivor of Virginia Walmart mass shooting files $50M suit
The Lithium "Lie" (Ad)
Can I Apply for Supplemental Security Income Online?
US stocks edge lower in unsteady trading, oil prices rise
The Lithium "Lie" (Ad)
Opportunity Strikes! Hibbett, Inc Falls Flat On Strong Results
Walmart employee who survived mass shooting at store in Virginia has filed a $50 million lawsuit against the company
S&P 500   3,957.63
DOW   33,852.53
QQQ   280.57
Three Reasons It’s Time To Get Bullish On Organigram
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
The AP Interview: IMF head urges China to end mass lockdowns
Survivor of Virginia Walmart mass shooting files $50M suit
The Lithium "Lie" (Ad)
Can I Apply for Supplemental Security Income Online?
US stocks edge lower in unsteady trading, oil prices rise
The Lithium "Lie" (Ad)
Opportunity Strikes! Hibbett, Inc Falls Flat On Strong Results
Walmart employee who survived mass shooting at store in Virginia has filed a $50 million lawsuit against the company

Japan investigators raid Dentsu in widening Olympic probe


Investigators enter the headquarters of major advertising company Dentsu in Tokyo Friday, Nov. 25, 2022. Japanese prosecutors raided the headquarters of Dentsu Friday, as the investigation into corruption related to the Tokyo Olympics widened. (Kyodo News via AP)

TOKYO (AP) — Japanese prosecutors raided the headquarters of major advertising company Dentsu on Friday, as the investigation into corruption related to the Tokyo Olympics widened.

Major local TV broadcasters showed Tokyo District Prosecutors and Japan Fair Trade Commission officials entering Dentsu headquarters.

Dentsu dominates event organizing, marketing and public relations in Japan. It helped land the 2020 Games for Tokyo, and then lined up record domestic sponsorships.

Haruyuki Takahashi, a former executive at Dentsu, has been arrested four times in recent months on charges of receiving bribes from various companies that became sponsors for the Games.

The latest investigation centers around bid-rigging for companies to be picked to work on test events, according to Japanese media reports. The test events started in 2018, spanning various sports including sailing and weightlifting, to prepare for the Olympics. Being chosen for test events is critical to being picked for actual Olympic venues.

The money that exchanged hands for the bid-rigging totaled 500 million yen ($3.6 million), involving nine companies and one organization, according to the newspaper Nihon Keizai Shimbun and other reports.

The companies involved in the earlier sponsorship scandal include Aoki Holdings, a clothing company that dressed Japan’s Olympic team, and Sun Arrow, which produced the Tokyo Olympic and Paralympic mascots named Miraitowa and Someity.

Takahashi, in custody since August, had tremendous influence over running the Olympics. The bribes he is alleged to have taken total more than 190 million yen ($1.4 million).

“We continue to fully cooperate with this investigation,” Dentsu's corporate communications office said in a statement.

Cerespo, an event company that Japanese reports said also was raided on suspicion of involvement in bid-rigging, did not have an immediate comment.


Tokyo prosecutors do not comment on such daily news developments. But Deputy Chief Prosecutor Hiroshi Morimoto told reporters recently that the investigation was continuing on the Olympics.

Speculation has been growing the burgeoning scandal may tarnish Japan’s bid for the 2030 Winter Games. The 2020 Games were postponed for a year because of the coronavirus pandemic. The International Olympic Committee has said it’s watching Japan’s investigation, stressing it had “every interest in the full clarification of this case.”

___

Yuri Kageyama is on Twitter https://twitter.com/yurikageyama

7 Most Overhyped Penny Stocks to Sell Now

One question that investors frequently ask is “when do I sell a stock?" That can be tricky to answer when stocks are going up, but it can be just as tricky when stocks are going down. And that's even more the case when it comes to penny stocks.

Many investors who buy penny stocks do so knowing that they're placing a speculative bet. This means they're willing to hold on to the stock even when fundamental and technical trends are working against them.  But, depending on your position, there are times when it's best to sell some shares even if you have to take a loss and try again another day.

Penny stocks are typically regarded as stocks that trade below $1 (i.e. for pennies on the dollar). But in recent years, the definition has expanded to include all stocks that trade for less than $5. And that's the definition being used in this special presentation.

We're looking at seven penny stocks that investors should sell now. Each has market forces that suggest the stock price still has room to go down. That means selling today can help you get a better price in the future.

View the Stocks Here .