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Business August 3, 2020

Bausch Health, formerly Valeant, to pay $45 million to settle SEC charges

Bausch Health formerly Valeant Pharmaceuticals agreed to pay a penalty of $45 million to settle a complaint filed by the Securities and Exchange Commission (SEC) related to its financial disclosures.…

By – Marivic Cabural Summers
Latest news
Business August 3, 2020
Layoffs on the rise as PPP funds are used up

American Airlines, Nike, several casinos along the Las Vegas Strip, LinkedIn, numerous retailers, Bridgewater and Schlumberger all have…

By Jacob Wolinsky
Business August 2, 2020
Florida teen, Graham Ivan Clark, alleged mastermind behind Twitter hack

Early Friday morning a joint force of the FBI, IRS, U.S. Secret Service, and state of Florida law…

By Jackie Allen
Business August 2, 2020
COVID-19 puts Amazon growth on steroids, Q2 earnings surge

Amazon’s second-quarter earnings on Thursday crushed every analyst’s estimates according to reporting by Business Insider.  Shares of Amazon…

By Jackie Allen
Business August 1, 2020
SEC charges former Georgia state legislator Dean Alford in Ponzi scheme

The Securities and Exchange Commission (SEC) filed a complaint against Clarence Dean Alford, a former legislator and a…

By Marivic Cabural Summers
Business August 1, 2020
Tyson Foods accused of false advertising, FTC urged to investigate

Tyson Foods could face an investigation by the Federal Trade Commission (FTC) after two national advocacy groups accused…

By Marivic Cabural Summers
Business August 1, 2020
Apple co-founder sues YouTube over cryptocurrency scams

YouTube faces lawsuits as complaints pile up over billions lost in video giveaway cryptocurrency scams. Prosecutors argue the…

By Holden Harris
Business July 31, 2020
California Gov. Newsom forms strike team to modernize EDD systems

California Gov. Gavin Newsom established a strike team to help improve the systems of the Employment Development Department…

By Marivic Cabural Summers
Business July 30, 2020
DOJ suing MyLife.com over misleading billing and marketing practices

Mylife.com Inc., a California-based purveyor of background reports, and its CEO Jeffrey Tinsley are facing a lawsuit filed…

By Marivic Cabural Summers
Business July 29, 2020
Victoria’s Secret owner, L Brands to eliminate around 850 corporate jobs

L Brands, the owner of Bath & Body Works and Victoria’s Secret, will eliminate approximately 15% or around…

By Marivic Cabural Summers
Business July 29, 2020
VALIC Financial Advisors (VFA) to pay $40 million to settle SEC charges

The Securities and Exchange Commission (SEC) announced that VALIC Financial Advisors (VFA) agreed to pay approximately $40 million…

By Marivic Cabural Summers

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