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Business October 7, 2020

DOJ charges Florida recording artist, Pennsylvania man in $24M COVID-Relief Fraud Scheme

The U.S. Department of Justice (DO) filed charges against a recording artist in Florida and another man in Pennsylvania for filing fraudulent loan applications to obtain more than $24 million…

By – Colby McCoy
Latest news
Business October 7, 2020
Europe-based eToro aims to challenge Robinhood trading app in the U.S.

eToro, an Israeli-British online trading platform, has rapidly grown in popularity throughout Europe and now has plans to…

By Colby McCoy
Business October 7, 2020
House Panel Says Tech Giants Hold Monopoly Power, Seeks to Break Them Up

A House panel led by Democrats concluded that tech giants Google, Facebook (NASDAQ: FB), Amazon (NASDAQ: AMZN), and…

By Marivic Cabural Summers
Business October 6, 2020
READ: Court Opinion in Centripetal Networks vs. Cisco Systems patent infringement case

U.S. District Judge for the Eastern District of Virginia Henry Coke Morgan, Jr. ruled in favor of Centripetal…

By Marivic Cabural Summers
Business October 6, 2020
Centripetal wins patent infringement case against Cisco, awarded as much as $3.2B in total damages

Centripetal Networks, a cybersecurity solutions provider based in Virginia, will receive around $2.65 billion to $3.25 billion in…

By Marivic Cabural Summers
Business October 6, 2020
Videogame Companies Are Poised For Profits

2020 has been a tough year for bringing products to market. The COVID-19 pandemic has delayed sports seasons,…

By Sean Corliss
Business October 6, 2020
Regal Cinemas to Close All 663 Theaters in the U.S. and U.K. on Thursday 

Cineworld Group plc (OTCMKTS: CNNWF), the parent company of Regal Cinemas officially announced its decision to suspend all…

By Jackie Allen
Business October 6, 2020
NRA CEO Wayne LaPierre under investigation by IRS for possible tax fraud

National Rifle Association (NRA) CEO Wayne LaPierre is under investigation by the Internal Revenue Service (IRS) over allegations…

By Colby McCoy
Business October 6, 2020
Stock Splits: What are they and why companies do it?

In the public marketplace, companies have a finite number of shares outstanding. Stock splits are one way for…

By Sean Corliss
Business October 5, 2020
John McAfee accused of tax evasion and fraudulently promoting ICOs

John McAfee, a businessman, computer programmer, and the founder of the software company McAfee Associates, is facing two…

By Marivic Cabural Summers
Business October 5, 2020
Bristol Myers Squibb to Acquire MyoKardia for $13.1 Billion

Bristol Myers Squibb (NYSE: BMY) announced that it will buy MyoKardia Inc. (NASDAQ: MYOK) for $13.1 billion or…

By Sean Corliss

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