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Man Faces $70M Medicare Fraud Scheme Charges
A Mississippi man has been charged with multiple offenses relating to $70 million Medicare fraud by the Justice Department. An indictment was unsealed in Tampa last week for Joel Rufus...
United Airlines records $200m hit from Boeing grounding
United Airlines’ First-Quarter 2024 Financial Results show the impact of the Boeing 737 MAX 9 grounding. The financial report is a stark look at the way the commercial aviation provider...
Trump Media stock plummets again
Trump Media & Technology Group Corp (TMGT) shares plummeted after the entity filed to the U.S. Securities and Exchange Commission (SEC) to issue 21 million shares. The parent company of...
Tesla trims workforce by 14,000
Electric automotive giant Tesla is cutting 14,000 jobs as sales have been slowing. Billionaire Elon Musk’s eco-friendly electric car company announced the redundancies, as reported by Elektrek. Musk cuts staff...
SEC hits investment advisors for violation of marketing rules
The Securities and Exchange Commission (SEC) has cracked down on five registered investment advisers. The SEC imposed fines on five entities for violating marketing rules in what would be the...
Stubhub looks ahead to the summer for initial public offering
Stubhub is looking to the summer to float the idea of an initial public offering (IPO) to the tune of $16.5bn. The digital ticketing service has been working with banking...
