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Business August 28, 2020

Herbalife to pay $123M to settle investigations into its alleged corrupt practices

Herbalife Nutrition Ltd (NYSE: HLF) agreed to pay a total of 123 million to settle the investigations into its alleged violations of the Foreign Corrupt Practices Act (FCPA). Herbalife is…

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 August 28, 2020
DOJ files complaint to seize 280 cryptocurrency accounts tied to North Korean hackers

The U.S. Department of Justice (DOJ) filed a lawsuit to seize 280 cryptocurrency accounts linked to North Korean…

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 August 28, 2020
Builders FirstSource merger all-stock deal creates mega-giant

The all-stock merger of Dallas-based Builders FirstSource and BMC Stock Holdings (BMC) of Raliegh, North Carolina, has created a…

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 August 28, 2020
Bed, Bath and Beyond, Cisco Systems and more plan layoffs

The moratorium on layoffs for companies that accepted federal funding or Payroll Protection Program (PPP) loans is expiring. And…

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 August 28, 2020
SEC stops fraudulent offering by Coral Gables Asset Management

The Securities and Exchange Commission (SEC) stopped an allegedly ongoing fraudulent offering by Coral Gables Asset Management 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 August 28, 2020
Peter Jubber, Fidelity’s head of strategy files Form D for new bitcoin fund

On Wednesday, Aug. 26, Peter Jubber, Fidelity’s head of strategy, filed a Form D with the U.S. Securities…

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 August 28, 2020
Instacart faces lawsuit over its alleged deceptive optional service fee

Maplebear, Inc doing business as Instcart, a grocery delivery service company, is facing a lawsuit for allegedly deceiving…

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 August 27, 2020
BorgWarner to pay $950K to settle SEC charges over its misstated financial statement

BorgWarner Inc. (NYSE: BWA) agreed to pay a penalty of $950,000 to settle the charges filed by 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.
Business August 27, 2020
Shake-up at the Dow: Exxon, Raytheon, Pfizer replaced

Exxon Mobile, along with the pharmaceutical company Pfizer, and defense contractor Raytheon Technologies were removed from the Dow…

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 August 27, 2020
Gary Cohn, ex-Trump adviser joins $600 million blank-check company IPO

Cohn Robbins Holdings (CRH), a new blank check company just formed by Gary Cohn and veteran investor Clifton Robbins,…

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 August 26, 2020
Palantir files for IPO; CEO Alex Karp slams Silicon Valley engineering elite

Palantir Technologies, a developer of software platforms for large institutions and commercial enterprises, submitted its registration for an…

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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