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Business December 16, 2020

SEC charges Luckin Coffee of accounting fraud; Company to pay $180M to resolve the suit

Luckin Coffee (OTC: LKNCY), the China-based company sued by the U.S. Securities and Exchange Commission (SEC) of accounting fraud, agreed to pay a $180 million to resolve the matter. The…

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 December 16, 2020
Ascension Data & Analytics settles FTC charges over its failure related to consumer data protection

The Federal Trade Commission (FTC) announced that Ascension Data & Analytics agreed to settle its complaint alleging that…

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 December 16, 2020
Massachusetts regulators sued Robinhood for being a ” very reckless company”

Massachusetts securities regulators filed a complaint against Robinhood Financial LLC, accusing the popular online brokerage of greediness and…

By Rochdi Rais Rochdi Rais is the Fractional Head of Growth and financial and legal writer at USA Herald. He has been writing and editing financial, legal and U.S. news for years with over +4000 articles published during his career.
Business December 16, 2020
Australia sues Facebook for misleading consumers over use of data

An Australian regulator on Wednesday sued Facebook, accusing the social media giant of collecting user data of Australians…

By Dee Dulfo Dee is a journalist and a news anchor. He enjoys traveling the world with just a backpack.
Business December 16, 2020
Tom Cruise shouts, swears at film crew for violating COVID-19 protocols

“Mission: Impossible 7” producer and star Tom Cruise was caught on audiotape shouting at crew members and threatening to…

By Dee Dulfo Dee is a journalist and a news anchor. He enjoys traveling the world with just a backpack.
Business December 16, 2020
U.S. authorities bust decade-long trade fraud scheme involving China tires

U.S. law enforcement authorities put an end to a decade-long trade fraud scheme involving China tires and a…

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 December 15, 2020

Fashion Mogul Peter Nygard has been arrested by the Royal Canadian Mounted Police (RCMP) in Winnipeg on Monday…

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 December 15, 2020
Three former Boucher & James executives arrested for defrauding Pennsylvania municipalities

Three former Boucher & James, Inc. executives were arrested for defrauding more than 100 entities including municipalities in…

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 December 15, 2020
Pinterest to settle Francoise Brougher ex-COO discrimination lawsuit  for $22.5 million

Pinterest settled the gender discrimination lawsuit by former COO Francoise Brougher. The company will pay Brougher $20 million…

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 December 14, 2020
6-year-old boy spends $16K on in-game content on iPad; Apple refuses to refund

A six-year-old boy made in-app purchases worth about $16,000 on an iPad this summer. Apple refused to issue…

By Dee Dulfo Dee is a journalist and a news anchor. He enjoys traveling the world with just a backpack.
Business December 14, 2020
Hackers attack U.S. agencies using SolarWinds God-Mode

Hackers attacked federal agencies’ servers, including both the Treasury and Commerce departments. Experts believe that the SolarWinds management interface…

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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