Business July 28, 2020
California Resources Corporation bankruptcy proceedings
On July 15, 2020, California Resources Corporation (CRC), California’s largest oil and gas production company filed for Chapter 11 bankruptcy…
Investigates July 28, 2020
‘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 delayed on…
Business July 28, 2020
Hertz 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 11 bankruptcy…
Business July 28, 2020
Moderna 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 testing for…
Business July 28, 2020
European 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 particular, airlines…
Business July 27, 2020
“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 centers on…
U.S. News July 27, 2020
Trump issues four executive orders to reduce drug prices
On Friday, President Trump issued four executive orders aiming to reduce the cost of prescription drugs in the United States,…
Mergers and Acquisitions July 27, 2020
eBay to sell classified ad business to Adevinta for $9.2 billion
Lat week, eBay announced it had negotiated the sale of its classified ad business unit to Adevinta, a Norwegian based publisher…
America July 27, 2020
GOP, Dems trade blows over coronavirus stimulus package details
With a series of issues surrounding coronavirus, the production of another stimulus package is at the top of the list.…
Investigates July 27, 2020
Six former NFL players indicted on health care fraud and wire fraud charges
The U.S. Department of Justice (DOJ) announced that six former National Football League (NFL) players have been charged in a…
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