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March 30, 2026

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Business August 18, 2020

Centurylink faces enforcement action for violating anti-competitive deal with DOJ

The U.S. Department of Justice (DOJ) commenced an enforcement action against Centurylink (NYSE: CTL) for violating the terms of their agreement designed to prevent anti-competitive impacts arising from its acquisition…

By – Marivic Cabural Summers
Latest news
Business 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…

By Jackie Allen
Business 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…

By Jackie Allen
Business August 15, 2020
SEC charges Boon.Tech, CEO Rajesh Pavithran over fraudulent ICO

The Securities and Exchange Commission (SEC) accused Kelvin Boon LLC doing business as Boon.Tech and its CEO Rajesh…

By Marivic Cabural Summers
Business August 15, 2020
California Judicial Council ends moratorium on evictions and foreclosures

The California Judicial Council decided to end its moratorium on evictions and foreclosure filings on September 1. During…

By Marivic Cabural Summers
Business August 15, 2020
MyPayrollHR CEO Michael Mann pleads guilty to 12 counts of fraud 

Former Valuewise/MyPayrollHR owner Michael Mann plead guilty on Wednesday to engineering a complex $100 million bank fraud. He…

By Jackie Allen
Business August 15, 2020
Lucky Brand acquired by Simon and Authentic Brands

Simon Property Group and Authentic Brands Group (ABG) have teamed up in an unlikely deal to acquire bankrupt…

By Colby McCoy
Business August 15, 2020
Daimler, Mercedes-Benz to pay $2.2B to settle emissions charges in the U.S.

Daimler AG (OTCMKTS: DMLRY) and its subsidiary Mercedes-Benz USA agreed to pay a total of approximately $2.2 billion…

By Marivic Cabural Summers
Business August 14, 2020
Fortnite maker Epic sued Apple over its alleged monopolistic practices

Apple Inc. (NASDAQ; AAPL) is facing a lawsuit filed by Epic Games, the maker of Fortnite online video…

By Marivic Cabural Summers
Business August 14, 2020
Amazon liable for defective product sold by third-party on its website: Appeals Court

Amazon.com (NASDAQ: AMZN) suffered a critical blow on Thursday after a California Appeals Court ruled against it in…

By Marivic Cabural Summers
Business August 13, 2020
Direct Lending Investments Founder Brendan Ross arrested on fraud charges

The Federal Bureau of Investigation (FBI) arrested Brandan Ross, the Founder and former CEO of Direct Lending Investments,…

By Marivic Cabural Summers

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