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Business September 23, 2020

JPMorgan close to reaching $1B settlement to end investigations into its alleged market manipulation practices

JPMorgan Chase & Co. (NYSE: JPM) is reportedly close to reaching a settlement agreement, in which it could pay almost $1 billion to end investigations into its alleged manipulation of…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
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Business September 23, 2020
Economists disagree about risk of another recession

Many economists are warning that the U.S. could dip back into recession if Congress doesn’t roll out more…

By Jacob Wolinsky Jacob Wolinsky is the founder of ValueWalk.com, a popular value investing and hedge fund focused investment website. Prior to ValueWalk, Jacob was VP of Business Development at SumZero. Prior to SumZero, Jacob worked as an equity analyst first at a micro-cap focused private equity firm, followed by a stint at a smid cap focused research shop. Jacob lives with his wife and four kids in Passaic NJ. Full Disclosure: I do not purchase any equities anymore to avoid even the appearance of a conflict of interest and because at times I may receive grey areas of insider information. I have a few existing holdings from years ago, but I have sold off most of the equities and now only purchase mutual funds and some ETFs. I also own a few grams of Gold and Silver.
Business September 23, 2020
Activist Trian Fund sets its sights on Comcast, says company’s stock “undervalued”

Activist Trian Fund Management LP has purchased a $900 million or 0.4% stake in media giant Comcast Corporation…

By Colby McCoy Colby is a full-time freelance writer based in Seattle, Washington. He grew up in the Southeastern U.S. and loves books, politics, and spending time with his two dogs hiking.
Business September 22, 2020
Tesla shares tumble following Musk comments on upcoming Battery Day

Tesla (NASDAQ: TSLA) shares plummeted Tuesday after the company CEO Elon Musk announced that the upcoming Battery Day…

By Colby McCoy Colby is a full-time freelance writer based in Seattle, Washington. He grew up in the Southeastern U.S. and loves books, politics, and spending time with his two dogs hiking.
Business September 22, 2020
SEC Ends Ponzi Scheme Targeting U.S. Military Service Members

The Securities and Exchange Commission (SEC) halted a Ponzi scheme perpetrated by a Colorado man defrauding investors including…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Business September 22, 2020
California halts new Pandemic Unemployment Assistance claims following massive fraud allegations

California has halted new Pandemic Unemployment Assistance (PUA) claims for the next two weeks following allegations of widespread…

By Colby McCoy Colby is a full-time freelance writer based in Seattle, Washington. He grew up in the Southeastern U.S. and loves books, politics, and spending time with his two dogs hiking.
Business September 21, 2020
Deutsche Bank tops list of financial institutions that facilitated suspicious transactions

Deutsche Bank (NYSE: DB) is facing another scandal involving the flow of suspicious funds or dirty money amounting…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Business September 21, 2020
Homeland Security CISA unit tells federal agencies to fix Zerologon bug

The Department of Homeland Security (DHS) Cybersecurity and Infrastructure Security Agency (CISA) issued an emergency alert requiring all…

By Jackie Allen Jackie is a freelance journalist and technology geek. She worked as a telecom project director for AT&T and BellSouth. Before joining the USA Herald she has written books, articles, blogs and whitepapers. Her clients include Samsung and other technology companies.
Business September 21, 2020
California EDD suspends new unemployment applications for 2 weeks to address fraud, backlog

The California Employment Development Department (EDD) is suspending new applications for unemployment benefits to address its existing backlog…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Business September 21, 2020
US Judge blocks Commerce Department order to remove WeChat from app stores

San Francisco’s U.S. Magistrate Judge Laurel Beeler blocked a recent Department of Commerce order requiring Apple Inc (NASDAQ:…

By Colby McCoy Colby is a full-time freelance writer based in Seattle, Washington. He grew up in the Southeastern U.S. and loves books, politics, and spending time with his two dogs hiking.
Business September 21, 2020
Apple ends credit-card partnership with Barclays in an effort to grow Apple Card customers

Apple, Inc. (NASDAQ: AAPL) on Tuesday ended its credit-card partnership with Barclays, Plc. (NYSE: BCS).  The move was…

By Jackie Allen Jackie is a freelance journalist and technology geek. She worked as a telecom project director for AT&T and BellSouth. Before joining the USA Herald she has written books, articles, blogs and whitepapers. Her clients include Samsung and other technology companies.

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