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Victoria’s Secret owner, L Brands to eliminate around 850 corporate jobs
L Brands, the owner of Bath & Body Works and Victoria’s Secret, will eliminate approximately 15% or around 850 jobs at its corporate headquarters. The company announced its decision after…
By Marivic Cabural SummersLatest news
Chinese spy, Jun Wei Yeo, used LinkedIn to gather intelligence
On Friday, Jun Wei Yeo, also known as Dickson Yeo, entered a plea of guilty to one count of…
By Jackie AllenTelehealth Startup Ro closes $200 million round valued at $1.5 billion
The coronavirus pandemic has quickly increased the need for telehealth services, and the high-demand has made telehealth startup…
By Jackie AllenJoseph 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…
By Jackie AllenPharmaceutical 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 McCoy
