News
Man Faces $70M Medicare Fraud Scheme Charges
A Mississippi man has been charged with multiple offenses relating to $70 million Medicare fraud by the Justice Department. An indictment was unsealed in Tampa last week for Joel Rufus...
United Airlines records $200m hit from Boeing grounding
United Airlines’ First-Quarter 2024 Financial Results show the impact of the Boeing 737 MAX 9 grounding. The financial report is a stark look at the way the commercial aviation provider...
SEC hits investment advisors for violation of marketing rules
The Securities and Exchange Commission (SEC) has cracked down on five registered investment advisers. The SEC imposed fines on five entities for violating marketing rules in what would be the...
Stubhub looks ahead to the summer for initial public offering
Stubhub is looking to the summer to float the idea of an initial public offering (IPO) to the tune of $16.5bn. The digital ticketing service has been working with banking...
Denver inflation hits below the national rate
Denver has announced that the state’s rate of inflation has hit its lowest in three years. The news means the Mile-High City’s inflation has hit under 3% and well below...
Major betting operator ensures that tribal parties are respected
FanDuel has made campaign assurances to the one hundred tribes that call the Golden State home. Speaking at the Indian Gaming Tradeshow & Convention in Anaheim, California FanDuel Chief Executive...
SEC: What does your financial future look like?
The Securities and Exchange Commission’s (SEC) theme for April’s National Financial Capability Month has been revealed. The SEC is asking Americans “What does your financial future look like? Having a...
Deputy Secretary of the Treasury speaks on multiple banking matters
Deputy Secretary of the Treasury Wally Adeyemo gave the Senate Banking Committee an update on Banking, Housing, and Urban Affairs. Adeyemo has been a vocal advocate of increasing the regulatory...
US Postal Service proposes increase for key services in 2024
The United States Postal Service has proposed several rate changes that could come into effect in summer 2024. These rate increases include the raising of a first-class stamp from 68...
Man finds small MTG memorabilia fortune in Grandpa’s old junk
A man has found a small fortune in memorabilia and trading cards after an elderly relative let him dig through ‘his old junk’. Attics and the boxes that remain untouched...
Trump Media Execs Take Home Windfall Whist Share Price halved
Tump Media Executives are receiving massive financial gains despite a continuously falling share price for the company’s stock. The corporate Securities and Exchange Committee (SEC) filings posted this month show...
National Association of Realtors anti-trust case to be reopened
The National Association of Realtors (NAR) will become the subject of a Justice Department case reopening that focuses on home sale commissions. The U.S. Court of Appeals for the District...
Court finds Terraform Labs guilty of defrauding crypto investors
A United States District Court has found that Terraform Labs and the company co-founder, Do Kwon, defrauded investors in crypto asset securities. In a post published by the Securities and...
Home Depot snaps up SRS in $18.25 billion deal
To enhance Home Depot’s offerings to professional tradespeople, the company has acquired SRS Distribution Inc. The world’s largest home improvement retailer will be making the deal with the “leading residential...
Amazon scraps “Just Walk Out” for swifter consumer process
Amazon, the biggest retail entity in the world, has scrapped remote “Just Walk Out” checkouts in US-based stores. The move from Jeffery Bezos’ shopping empire was first announced in the...