Business August 20, 2020
Citigroup sues for breach of contract over $900 million loan error
Citigroup scored a victory in the form of a temporary court order freezing $175 million that Brigade Capital Management failed…
America August 20, 2020
Dragoneer Growth Opportunities raised $600M in IPO
Dragoneer Growth Opportunities, a newly formed SPAC, raised $600 million in its IPO, offering 60 million units at $10. Each unit consists…
Business August 19, 2020
Whiting petroleum brings in new leadership as part of Ch 11 reorganization
Whiting Petroleum (NYSE: WLL) will have a new CEO and a new board when it emerges from Chapter 11 bankruptcy…
America August 18, 2020
President Trump pardons Susan B. Anthony
On the 100th anniversary of the ratification of the 19th amendment, President Trump pardoned Susan B. Anthony posthumously. The presidential…
Investigates August 18, 2020
Illinois Mayor Louis Presta latest charged in red-light camera scandal
Crestwood, Illinois, Mayor Louis Presta, 69, was indicted on bribery and fraud charges Aug. 7, by the U.S. District Court of…
Brand Stories August 18, 2020
Former McDonald’s CEO Steve Easterbrook fights for his severance
Ex-CEO Steve Easterbrook, 53, responded to McDonald’s lawsuit that aims at taking back his separation package. When he was fired…
Brand Stories August 18, 2020
Trumid Financial secures $200M in latest funding round
Trumid Financial, LLC, announced that it secured $200 million in growth capital investment from the Dragoneer Investment Group in its…
America August 16, 2020
Apple loses $506M patent trial over its use of 4G LTE tech
An eight-person Eastern District of Texas federal jury decided that Apple should pay PanOptis Patent Management LLC more than $506 million…
High Profile Court Cases August 16, 2020
Reelz claims Instagram’s new Reels video app is trademark infringement
This week the ReelzChannel filed suit against Instagram and its parent company Facebook. The case was brought in the U.S. District…
Investigates August 16, 2020
Pentagon investigates unidentified aerial phenomena (UAP)
On Aug. 14, the Pentagon announced a new task force dedicated to investigating reports of unidentified flying objects (UFO), now…
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