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Citigroup sues for breach of contract over $900 million loan error
Citigroup scored a victory in the form of a temporary court order freezing $175 million that Brigade Capital Management failed to return to the bank. The money is part of more…
By – Jackie AllenLatest news
“We Build the Wall” fraud scheme exposed, Steve Bannon arrested
On Thursday, Aug. 20, former Trump political advisor and chief strategist Steve Bannon and three others were arrested…
By Lillian AbbatacolaGoodyear experiences market dip as Trump calls for boycott
Goodyear Tire & Rubber Co. reported significant losses on Wednesday following a tweet from President Trump calling for…
By Colby McCoyApple reaches $2 trillion market cap, breaking records
Apple reached a whopping $2 trillion market cap on Wednesday, making it the first publicly traded company to…
By Colby McCoyDragoneer Growth Opportunities raised $600M in IPO
Dragoneer Growth Opportunities, a newly formed SPAC, raised $600 million in its IPO, offering 60 million units at $10. Each…
By Jackie AllenPennsylvania provides hazard pay for front-line workers amid COVID-19 pandemic
Pennsylvania Governor Tom Wolf said his administration already awarded the $50 million in funding to help employers provide…
By Marivic Cabural SummersTeva allegedly used charitable foundations to funnel illegal kickbacks to Medicare patients
Teva Pharmaceuticals (NYSE: TEVA) is facing another legal challenge, less than a year after reaching a global settlement…
By Marivic Cabural Summers2020 Democratic Convention off to slow start with disappointing ratings
The 2020 Democratic Convention kicked off on Monday, marking a less-than-fantastic start for the Democrats following disappointing viewership…
By Colby McCoyNoble Energy investor challenges board of directors over Chevron deal in lawsuit
Noble Energy investor David Walsh has sued Noble in a New York federal court, aiming to put the…
By Colby McCoyWhiting petroleum brings in new leadership as part of Ch 11 reorganization
Whiting Petroleum (NYSE: WLL) will have a new CEO and a new board when it emerges from Chapter…
By Jackie AllenApollo Global Management invests $265 Million in US Wind
Apollo Global Management, Inc. (NYSE: APO announced that some of its affiliate funds invested in an offshore wind…
By Marivic Cabural Summers