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Joseph Taub pleaded guilty to $17M market manipulation scheme
Joseph Taub, New Jersey-based securities trader, pleaded guilty today to orchestrating a massive, long-standing market manipulation scheme. He also admitted to tax fraud that netted more than $17 million in…
By – Jackie AllenLatest news
Pharmaceutical executives push back, cancel meeting with Trump
Last week, President Trump issued four executive orders aiming to reduce the price of prescription drugs in the…
By Colby McCoyNew York Attorney General stops Impact Medical from selling PPE
New York Attorney General Letitia James stopped Impact Medical & Surgical Solutions and its owner from selling nonexistent…
By Marivic Cabural SummersAAPA seeks $1.5B in COVID relief to save jobs, American supply chains
In a recent letter, the American Association of Port Authorities (AAPA) asked Congress for an emergency relief package…
By Colby McCoyCalifornia Resources Corporation bankruptcy proceedings
On July 15, 2020, California Resources Corporation (CRC), California’s largest oil and gas production company filed for Chapter…
By Jackie Allen‘Big Four’ tech CEO hearing set for Wednesday
A House Judiciary Committee antitrust panel hearing has finally been set for Wednesday of this week after being…
By Colby McCoyHertz continues to operate after Chapter 11 bankruptcy
Car rental giant Hertz Global Holdings announced on May 22, it and multiple subsidiaries had filed for Chapter…
By Jackie AllenModerna shares surge after increased US investment in vaccine research
It has been a solid start to the week for Moderna, a large biotech company spearheading research and…
By Colby McCoyEuropean airline Ryanair suffers staggering losses amid COVID-19
From tourism to hospitality, COVID-19 has been nothing short of disastrous for global businesses across multiple industries. In…
By Colby McCoy“Evil Corp” hackers strike again, demand $10M to restore Garmin services
American multinational GPS and wearable device maker Garmin Ltd. shut down some of its connected services and call…
By Jackie AllenCommonwealth Edison Co to pay $200M to end bribery investigation
The U.S. Attorney’s Office in Chicago announced that Commonwealth Edison Company (ComEd), the largest electric utility in Illinois, has…
By Jackie Allen