Shares of Kioxia, a Japan computer memory manufacturer, rose 2.69% in Tokyo following its successful debut, raising over 120 billion yen in its initial public offering. The company’s shares were trading at 1,484 yen, slightly above the offer price of 1,455 yen per share, with an IPO price band of 1,390-1,520 yen. Kioxia, formerly Toshiba Memory, was acquired by a Bain-led consortium in 2018 for $18 billion, with major shareholders Bain Capital and Toshiba selling shares as part of the IPO.
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Justice Dept. slaps Judge James Boasberg with misconduct complaint
The Justice Department filed a misconduct complaint against U.S. District Court Chief Judge James Boasberg, accusing him of improper comments about President Trump and his administration concerning deportations of Venezuelan men to El Salvador. The complaint cites Boasberg's actions in a case involving the deportations, where he criticized the administration for allegedly disregarding court orders and due process. Want More Context? 🔎
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