Shell companies—companies that have no or nominal business operations or non-cash assets for an extended period of time—can be used for legitimate purposes. However, they can also be used by ...

Explore the purposes of shell corporations, from legal benefits to risks like money laundering, and learn their significant role in global markets.

AKRON, Ohio (WJW) — The Summit County prosecutor on Tuesday announced a shell company set up to funnel FirstEnergy bribe money to Ohio’s former top utilities regulator has pleaded guilty for its role ...

AKRON, Ohio — A shell company charged for its role in the Ohio House Bill 6 scandal has agreed to plead guilty, Summit County Prosecutor Elliot Kolkovich announced Tuesday. The Sustainability Funding ...

SAN FRANCISCO (KRON) — One of the nation’s largest gas companies is doing something it hasn’t done in the Bay Area. Shell is opening its first electric vehicle charging station in the Bay Area this ...

WASHINGTON (AP) — The U.S. Treasury Department announced it will not enforce a Biden-era small business rule intended to curb money laundering and shell company formation. Meta buys Singapore startup ...

Shell has announced plans to wind down operations of Volta Inc., the electric vehicle (EV) charging company it acquired in 2023, as part of a strategic pivot toward fast charging infrastructure at ...

Shell's stock price has risen despite weaker commodity prices since 2022. SHEL is currently rated a 'hold' by the Seeking Alpha Quant System. The company's low price-to-earnings ratio suggests further ...

Shell (NYSE:SHEL) CEO Wael Sawan said on Friday he would rather buy back more of his company's shares than launch a takeover bid for BP (BP), the Financial Times reported. "We will always look at ...

Market manipulation schemes related to shell companies aren't new, but the industries involved are always shifting. Shell companies -- companies that have no or nominal business operations or non-cash ...