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Costco records third-quarter solid earnings and tops Wall St expectations
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...
Department of Labor sued three Alabama businesses for child labor fraud
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 Q1 financials cause shares to slump
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...
McDonald’s CEO releases public statement addressing price hikes
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 and CEO charged for misleading investors
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 urges Musk’s $56 billion pay be voted down
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...