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Categories Business

SEC charges ‘Cash Flow King’ podcaster in $11 million Ponzi scheme

Author September 28, 2023

The U.S. Securities and Exchange Commission on Monday charged podcaster Matthew Motil in connection with an $11 million Ponzi scheme that allegedly

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Categories Business

JPMorgan to pay $75 million to settle lawsuit over ties with Jeffrey Epstein

Author September 28, 2023

JPMorgan Chase has reached a $75 million settlement with the U.S. Virgin Islands over a lawsuit accusing the nation’s largest bank of

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Categories Business

Target says it will close nine stores in major cities, citing violence and theft

Author September 28, 2023

Target said Tuesday that it will close nine stores in major cities across the country, citing violence, theft and organized retail crime. The company

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Categories Business

Rite Aid chain reportedly could sell up to 500 stores in bankruptcy plan

Author September 28, 2023

Rite Aid, the third-largest U.S. drugstore chain, is reportedly preparing to seek bankruptcy protection and could close 400 to 500 stores. The Wall

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Categories Business

Here’s what happens to Social Security payments if the government shuts down

Author September 28, 2023

If the federal government shuts down Sunday, numerous publicly funded agencies will stop work and their employees won’t be paid, but Social

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Categories Business

Kia and Hyundai recall 3.37 million vehicles in the U.S. over fire risks

Author September 28, 2023

Hyundai and Kia are recalling a combined 3.37 million vehicles in the United States due to the risk of engine fires, telling owners to

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Categories Business

48,000 mattresses sold at Costco may have been exposed to mold, regulators say

Author September 24, 2023

Novaform ComfortGrande and DreamAway mattresses sold exclusively at Costco are being recalled, with the U.S. Consumer Product Safety Commission saying they may

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Categories Business

Amazon will start putting ads in Prime Video in push to increase revenues

Author September 24, 2023

Amazon says it will start showing ads on Prime Video in early 2024, and that it is introducing a new, pricier ad-free

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Categories Business

Pandemic aid officials who overpaid vulnerable renters are saying, ‘We messed up, pay us back’

Author September 24, 2023

State and local agencies that distributed federal aid to renters facing eviction during the pandemic are now scrambling to claw back millions

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Categories Business

WWE’s SmackDown to return to NBCUniversal’s USA Network in more than $1.4 billion deal

Author September 24, 2023

WWE’s “Friday Night SmackDown” will return to USA Network in October 2024 as part of a five-year domestic media rights partnership between TKO

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