Business August 26, 2020
GM battles unions over recent hiring of salaried employees
General Motors (GM) has clashed with the United Auto Workers union in a dispute over the company’s hiring of salaried…
America August 26, 2020
Elon Musk schedules live demonstration of Neuralink brain technology
On Sunday, SpaceX and Tesla CEO Elon Must issued a press release and invitation to a live demonstration of Neuralink.…
Business August 26, 2020
American Airlines planning to cut 19,000 jobs by Oct. 1
American Airlines has announced plans to cut 19,000 workers by Oct. 1 to cope with falling demand as a result…
Business August 26, 2020
Japanese startup ispace raises $28 million for “Blueprint Moon” initiative
Ispace, the Tokyo-based space exploration startup, announced last week that it raised $28 million in its Series B funding from…
Business August 26, 2020
Teva charged with conspiracy to fix prices, rig bids for generic drugs
Teva Pharmaceuticals USA has been charged with conspiracy to fix prices, rig bids, and allocate customers for generic drugs by…
Business August 26, 2020
Supermicro to pay $17.5M to settle its alleged widespread accounting violations
Super Micro Computer Inc (NASDAQ: SMCI) agreed to pay a civil penalty of $17.5 million to settle its alleged widespread…
Business August 25, 2020
OANDA Corporation to pay $500K for violating CFTC rules
OANDA Corporation, a Canadian futures commission merchant (FCM) and retail foreign exchange dealer (RFED) agreed to pay $500,000 to settle…
Business August 25, 2020
Robinhood allegedly attracts inexperience investors with its “game-like interface”
Robinhood users who claimed to have suffered losses during the multiple outages of its trading app and website in March…
Financial Investigations August 25, 2020
Trump Organization under investigation in New York
Recently filed court documents indicate the Trump Organization and President Trump’s assets, including Seven Springs LLC, are under investigation by…
High Profile Court Cases August 25, 2020
TikTok sues the US government following Trump ban
TikTok parent company ByteDance has sued the U.S. government over Trump’s recent transaction ban set to kick in on Sept.…
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