FOLLOW US

Wed

August 25, 2026

health care fraud

Financial Investigations August 29, 2020

PONZI SCHEME: 1st Million LLC, Smart Partners LLC face charges for defrauding 1.2K investors

The Securities and Exchange Commission (SEC) filed charges against two Maryland companies and their principals for allegedly defrauding around 1,200…

By Marivic Cabural Summers

cbyxl22cf357rhvwygvo

Business August 29, 2020

Neuralink founder Elon Musk unveils the “matrix within the matrix”

Neuralink, founded by Elon Musk has developed the brain-computer interface (BCI). On Friday, Aug. 28, on a livestream Musk revealed the…

By Jackie Allen

powerbeats-inear-headphones

America August 29, 2020

Apple settles class-action lawsuit regarding Powerbeats 2 earbuds

Anyone who bought a pair of wireless Powerbeats 2 earbuds before Aug. 7,  may receive a part of the $9.75…

By Jackie Allen

marcos-nieto-Tyg1nVvhTbo-unsplash

Industry News August 29, 2020

MGM Resorts announces sweeping layoffs of 18,000 furloughed workers

MGM Resorts has announced intentions to lay off 18,000 furloughed workers, about one-third of MGM’s pre-pandemic workforce of 68,000 employees…

By Colby McCoy

Herbalife

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…

By Marivic Cabural Summers

cryptocurrency-3085139_960_720

Financial Investigations 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 hackers who…

By Marivic Cabural Summers

builders firstsource

America 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 mega-giant building…

By Jackie Allen

nick-fewings-zqwV28pcUTg-unsplash

International August 28, 2020

Chinese firms and executives linked to South China Sea sanctioned by US

The U.S. has announced a fresh round of sanctions on Chinese firms and executives linked to the hotly contested South…

By Colby McCoy

fabio-bracht-e3oE-l-rtpA-unsplash

International August 28, 2020

Walmart confirms possible joint deal with Microsoft to buy TikTok

Walmart has confirmed discussions with Microsoft in a possible collaborative deal to purchase the U.S. TikTok division from Chinese company…

By Colby McCoy

Bed, Bath and Beyond, Cisco Systems and more plan layoffs

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 even those…

By Jackie Allen

Signup for the USA Herald
exclusive Newsletter