Brian-Damien Morgan | Page 5

Three New Yorkers have become the center of a $184 million pre-IPO Fraud Scheme case. The Securities and Exchange Commission (SEC) has taken a firm stand, charging individuals who were...

GameStop, the videogame and console retailer, witnessed a huge plunge in stock price despite a vocal pandemic-era viral supporter attempting to rally investors. The person known as "Roaring Kitty" or...

Paramount, a globally recognized film and television brand, is battling a rocky patch with a billion-dollar deal hanging in the balance. During the media giant's board elections, current majority shareholder...

New York Attorney General Letitia James takes aim at NovaTechFx and AWS Mining in $1bn case. The court case brings charges against NovaTechFx (NovaTech), its founders Cynthia and Eddy Petion,...

The founder and former CEO of Sustainable Fuel Company, Alder Fuels, has been sentenced for embezzlement and investor fraud. Bryan Sherbacow, 55, of South Carolina and Washington, D.C., received his...

Judge Susan Schulman granted a reduced penalty to Bayer from $2.25 billion to $400 million in an ongoing court case. A Pennsylvania man, who took on the chemical giant in...

American-made whiskey is leading a surge in the global market for amber nectar. Global whiskey market trends estimate a $37.53 billion surge over the next four years. The much-loved spirit...

Campaign for Fairer Gambling (CFG) has released a report that finds that billions of dollars are not being taxed on illegal gambling gains. The report was conducted in connection with...

Spotify, the multi-billion music platform, is again asking Americans to pay more for their Premium subscriptions. The increase is the second hike in a year, much to music fan's ire....

Billionaire Michael J. Saylor and MicroStrategy, Inc. have been hit by the Washington, D.C., district attorney's office in a $40 million fraud case. Attorney General Brian L. Schwalb took no...

Costco, the renowned value wholesale store, has demonstrated its financial prowess by delivering a robust third-quarter earnings report that has outperformed the market's expectations. Costco's impressive performance in the stock...

The Department of Labor (DOL) has investigated three Alabama businesses for fraudulent employee recruitment and benefits from child labor breaches. U.S. District Court for the Middle District of Alabama charged...

Kohl's, the household United States department store, has recorded a slump in shares due to a poor earnings report. The chain's First Quarter Fiscal 2024 Financial Results, announced with little...

Joe Erlinger, President of McDonald's USA, has released a statement rebuffing recent news and social media criticism about the food chain's prices. In a post on the official McDonald's site,...

Mass Ave Global Inc. (MassAve) and its co-founder and CEO, Winston M. Feng, have been charged with misleading investors. The Securities and Exchange Commission has charged the investment advisors with...

Glass Lewis & Co. have urged stakeholders to vote down the exorbitant $56 million pay packet that Elon Musk might receive. The proxy service advisor has criticized the billionaire, and...

T-Mobile has agreed to take over all of UScellular's wireless operations, including UScellular's wireless customers and stores and certain company assets. The acquisition, valued at a staggering $4.4 billion, marks...

Walmart and Capitol One have ended their exclusive consumer credit card offering. The Walmart Consumer Credit Cards deal was devised in 2019 as part of the Capital One Walmart Rewards...

A Nevada federal jury has found a doctor conducting illegal practice and $2 million in Medicare fraud guilty. The conviction was handed down to Eduardo Abellana, M.D., 75, of Las...

The United States housing market could be given a possible lift as the favored 30-year mortgage rate fell. The dip is the first seen in the housing market since last...

The Justice Department has continued its legal suit against Live Nation-Ticketmaster for its increasing monopoly on event ticket sales. According to the government's legal arm, Live Nation-Ticketmaster's stranglehold on the...

Federal Reserve leaders have said that rates could persist higher for longer if inflation fails to improve. The Federal Reserve's staunch footing has been bolstered after a joint meeting of...

Nvidia the electronics and computer chip leader, has announced a surge in sales according to a new earnings report. The report topped expectations and allowed investors to relax after a...

Seattle startup Abett has received $11.6M in healthcare funding for its proprietary software. Abett's flagship offering is the Lockbox software, a powerful tool that empowers companies to efficiently manage and...

The Securities and Exchange Committee (SEC) has issued an Executive Order in response to those affected by the fraud caused by BF Borgers. The Executive Order aims to give certain...

The United States Department of Justice has cracked down on an illicit enterprise that garnered over $100 million in narcotics sales. Rui-Siang Lin was arrested and will be presented to...

After several restaurant closures, the iconic seafood chain Red Lobster has gone to the wall. The Middle District of Florida heard the company, Red Lobster Management LLC's Chapter 11 plea,...

Much to the relief of consumers, especially the Federal Reserve, inflation has fallen for the first time in three years. Reliable statistics from the Labor Department confirm the downward trend...

Boeing, the aviation and airplane giant, has been found by the Justice Department to have egregiously violated the terms of a $2.5bn settlement agreement. After fatal crashes in 2018 and...

The White House heralded National Small Business Week as a busy economic quarter comes to a close. President Biden, a staunch advocate for small businesses, has issued a powerful statement...