Watchdog agency increases its pandemic unemployment benefits fraud estimate to as much as $135 billion
As much as $135 billion in fraudulent Covid-19 pandemic unemployment insurance claims were likely paid out, according to a report released Tuesday by the US Government Accountability Office.
2023-09-13 06:50
Citgo valued at $32 billion-$40 billion ahead of auction of shares -court hearing
By Marianna Parraga and Tom Hals HOUSTON/WILMINGTON (Reuters) -Venezuela-owned oil refiner Citgo Petroleum has been valued by its parent company
2023-09-13 06:26
JPMorgan strategists say US stock valuations at risk from high interest rates
NEW YORK After big gains for the U.S. stock market this year, equity valuations could come under pressure
2023-09-13 06:15
Wall Street bosses see deal drought easing as IPOs spur optimism
By Tatiana Bautzer NEW YORK Wall Street investment bankers are optimistic that dealmaking will pick up as new
2023-09-13 05:59
SEC sues Virtu Financial over failure to safeguard customer information
NEW YORK The U.S. Securities and Exchange Commission on Tuesday sued Virtu Financial, accusing the large market maker
2023-09-13 05:55
Former NFL reporter Jim Trotter sues league for racial discrimination
Former National Football League reporter Jim Trotter filed a discrimination lawsuit against the NFL and NFL Media Tuesday, alleging that he was let go by the football league because he publicly challenged Commissioner Roger Goodell and other executives on the NFL's "record of race discrimination and lack of diversity."
2023-09-13 05:51
Trump Org. announces sale of New York City golf course
The Trump Organization said it sold its lease for a New York golf course with sweeping views of Manhattan to Bally's Corporation, ending several years of controversy.
2023-09-13 04:47
FBI investigates cybersecurity issue at MGM Resorts while casinos and hotels stay open across US
Casino operator MGM Resorts International says resorts are open despite a cybersecurity issue that led to the shutdown of its computer systems across the U.S. The FBI on Tuesday characterized its investigation as ongoing but offered no additional information
2023-09-13 04:18
US banks say regulators broke law as fight over proposed capital rules escalates
By Pete Schroeder WASHINGTON (Reuters) -U.S. bank groups on Tuesday accused the Federal Reserve and other regulators of violating federal
2023-09-13 03:49
Elon Musk should be forced to testify on X's 'chaotic environment,' US regulator tells court
Elon Musk should be forced to testify in an expansive US government probe of X, the company formerly known as Twitter, the US government said.
2023-09-13 03:24
Apple unveils iPhone 15 Pro with titanium case, holds line on prices
By Stephen Nellis CUPERTINO, California Apple on Tuesday unveiled a new iPhone 15 Pro with a titanium case
2023-09-13 03:20
Book Review: 'Elon Musk' offers a revealing but not surprising portrait of tech mogul
Biographer Walter Isaacson offers a revealing but not that surprising portrait of Elon Musk in his biography of the tech billionaire
2023-09-13 03:19