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Wells Fargo agrees to $575 million settlement affecting all 50 states in wake of fake accounts
Wells Fargo has been under fire since it was revealed in 2016 that employees had fraudulently opened millions of fake accounts to meet sales goals. .....»»
The Wall Street Journal: PG&E employees won’t get $130 million in bonuses after fire victims protest
The utility filed for bankruptcy last month......»»
PG&E To Scrap Employee Bonuses After Protest From Fire Victims
PG&E is planning to scrap $130 million in bonuses owed to thousands of employees, a move that comes after protests from victims of several California wildfires......»»
A former Facebook and Nike DEI manager got 5 years in prison for stealing $5 million to fund her luxury lifestyle
Barbara Furlow-Smiles was sentenced to 5 years in prison for stealing millions from Facebook and Nike using fake ven.....»»
Solana DEX Developer Admits To Stealing And Gambling Away $300M Meant For Hack Victims: "I F***ed Up Way Too Hard"
A core developer working for Solana-based (CRYPTO: SOL) decentralized exchange, Cypher, admitted to misappropriating funds worth more than $300 million meant to compensate victims of a sensational hack on the platform last year. read more.....»»
Walmart To Cut Hundreds Of Corporate Jobs, Relocate Workers To Central Hubs
Walmart, the largest employer in the U.S. with 1.6 million workers, is downsizing its corporate workforce and asking remote employees to move to its main corporate hubs. read more.....»»
Careers site Indeed to lay off 1,000 workers
In a memo to employees, Indeed CEO Chris Hyams took responsibility for "how we got here," but also cited a global slowdown in hiring. Indeed draws more than 250 million people from around the world each month.....»»
A Chinese criminal ring has stolen $50 million by franchising thousands of fake online shops, experts say
A Chinese criminal organization has stolen.....»»
Bitcoin trader loses almost $70 million after sending crypto to wrong online account address
A Bitcoin trader lost nearly $70 million after criminals tricked them into sending crypto to a fake address that looked like their own. A crypto trader lost nearly $70 million in an "address poisoning" scam.Business InsiderA cr.....»»
Travis Kalanick"s $15 billion food tech company cuts employees globally in profitability push
Otter has $80 million in annual recurring revenue and .....»»
EV charger startup FreeWire Technologies Inc. closing HQ and laying off 113 employees
FreeWire Technologies Inc. raised more than than $225 million from blue-chip investors......»»
Experts emphasize importance of intentional preparation for successful small business transition planning
Recent data from the U.S. Small Business Administration (SBA) shows the U.S. is home to 33.2 million small businesses, making up 99.9% of all businesses across the country. Defined as having fewer than 500 employees, small businesses have a big imp.....»»
The FBI continues to ignore Jeffrey Epstein"s victims even after reaching $139 million settlement for botched Larry Nassar investigation
The Justice Departme.....»»
98point6 lays off employees after shifting focus last year
The Seattle-based telehealth company sold its original business line to Transcarent for about $100 million a year ago......»»
Boeing’s financial woes continue, while families of crash victims urge US to prosecute the company
Boeing said Wednesday that it lost $355 million on falling revenue in the first quarter, another sign of the crisis gripping the aircraft manufacturer as it faces increasing scrutiny over the safety of its planes and accus.....»»
Biden Admin To Pay $139 Million To Victims For FBI Failures In Sex Abuse Investigation
Biden Admin To Pay $139 Million To Victims For FBI Failures In Sex Abuse Investigation .....»»
Chick-fil-A makes largest investment in scholarships for employees
Since 1973, Chick-fil-A has awarded 105,000 employee scholarships worth $191 million......»»
Taylor Swift fans in the UK have been scammed out of $1.2 million, bank says
Taylor Swift fans in the U.....»»
The founder of a multi-million-dollar apron company shares 5 leadership tips for stepping back and trusting your team
As her apron company has grown, founder and CEO Ellen Marie Bennett learned to stop trying to fix everything and trust her employees to problem solv.....»»
"Deely Nuts," "Beefy King," and other fake businesses reportedly got $7 million in COVID-19 PPP loans through one lender
Non-existent farms, such as "Ritter Wheat Club" and "Deely Nuts," each received the maximum loan of $20,833, ProPublica found. President Joe Biden. Scott Olson/Getty Images Fake firms collected $7 million in COVID-19 small business relief.....»»