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Business October 8, 2020

Citibank ordered to pay $400M penalty over its “unsafe or unsound banking practices”

Citibank (NYSE: C) agreed to pay a civil penalty of $400 million to resolve charges by the Federal Reserve and Office of the Comptroller of the Currency (OCC) related to its…

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 October 7, 2020
Clover Health attracts Chamath Palihapitiya with AI, inks $3.7 billion SPAC deal

Chamath Palihapitiya, the Canadian-American billionaire venture capitalist disclosed his newest target, Clover Health Investments, a Medicare Advantage insurance…

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 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…

By Colby McCoy Colby is a full-time freelance writer based in Seattle, Washington. He grew up in the Southeastern U.S. and loves books, politics, and spending time with his two dogs hiking.
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 Colby is a full-time freelance writer based in Seattle, Washington. He grew up in the Southeastern U.S. and loves books, politics, and spending time with his two dogs hiking.
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 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 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 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 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 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 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 Sean holds a Bachelor’s Degree in Business Administration (B.B.A), Finance from the University of South Carolina- The Moore School of Business. He loves to write about finance, sports, and lifestyle. He enjoys doing thorough research before writing his articles.
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 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 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 Colby is a full-time freelance writer based in Seattle, Washington. He grew up in the Southeastern U.S. and loves books, politics, and spending time with his two dogs hiking.
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 Sean holds a Bachelor’s Degree in Business Administration (B.B.A), Finance from the University of South Carolina- The Moore School of Business. He loves to write about finance, sports, and lifestyle. He enjoys doing thorough research before writing his articles.

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