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Business August 23, 2020

Former Speaker of the House Paul Ryan to chair blank check company

Former Speaker of the House Paul Ryan is joining Executive Network Partnering Corp (ENPC), as chairman. ENPC is the latest special purpose acquisition company (SPAC) that plans to debut in…

By – Jackie Allen
Latest news
Business August 22, 2020
California law enforcement busted a pandemic unemployment fraud ring

California law enforcement authorities cracked down a large-scale unemployment fraud ring involving 21 people who stole more than…

By Marivic Cabural Summers
Business August 21, 2020
TD Bank to pay $122M to settle CFPB complaint over its alleged illegal overdraft practices

TD Bank agreed to pay a total of $122 million to settle a complaint by the Consumer Financial…

By Marivic Cabural Summers
Business August 21, 2020
Bayer to pay $1.6 billion to settle lawsuits over Essure contraceptives

Bayer AG (OTCMKTS: BAYRY) agreed to pay approximately $1.6 billion to settle almost all of the lawsuits alleging…

By Marivic Cabural Summers
Business August 21, 2020
Nissan faces more tax penalties in Ghosn-related investigation

New reports have surfaced in The Japan News (The Yomiuri Shimbun) that ex-CEO Carlos Ghosn and Nissan are…

By Jackie Allen
Business August 20, 2020
Johnson & Johnson to acquire Momenta Pharmaceuticals for 6.5B

Johnson & Johnson (NYSE: JNJ) announced its decision to acquire Momenta Pharmaceuticals (NASDA: MNTA) for $6.5 billion in…

By Marivic Cabural Summers
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…

By Jackie Allen
Business August 20, 2020
“We Build the Wall” fraud scheme exposed, Steve Bannon arrested

On Thursday, Aug. 20, former Trump political advisor and chief strategist Steve Bannon and three others were arrested…

By Lillian Abbatacola
Business August 20, 2020
Goodyear experiences market dip as Trump calls for boycott

Goodyear Tire & Rubber Co. reported significant losses on Wednesday following a tweet from President Trump calling for…

By Colby McCoy
Business August 20, 2020
Apple reaches $2 trillion market cap, breaking records

Apple reached a whopping $2 trillion market cap on Wednesday, making it the first publicly traded company to…

By Colby McCoy
Business 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…

By Jackie Allen

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