Barclay and Former Executives Charged Over Qatar Fundraising/Investment Scandal

London’s Serious Fraud Office has accused Barclays—as well as the company’s former chief executive and at least three additional former senior managers—of several criminal charges in regards to the bank making agreements with Qatar as a means to avoid a…

Two Top Pharmakon Compliance Faced Criminal Conspiracy Charges

Both the owner and the director of compliance at Pharmakon Pharmaceuticals Inc have been charged with several criminal counts in relation to the sale of compounded painkillers, according to a statement from the United States Department of Justice. These drugs,…

Amazon Opened Massive New Fulfillment Center in Orlando Florida

Amazon announced plans to build a massive fulfillment center in the Orlando, FL area. The 850,000 sq-ft facility provided roughly 1,500 new full-time positions in 2018. Also, according to the company, the warehouse is “pick, pack, and ship small items…

Late Winter Give Macy’s Sales Boost

A late chill from winter helped to rekindle sales at Macy’s during its last quarter. The company announced that there had been a surge in demand for boots and jackets last month, when a large part of the U.S. finally…

Walmart Loses Low Everyday Price Edge to Aldi in the U.S.

Shoppers now must drive past Aldi, a Germany-based grocery store chain, when driving to shop at Walmart in many locations across the U.S. The German grocery chain is now beating the retail giant from the U.S. at its own game,…

Slack Brings in $200 Million More in Funding

Slack, the tool on Internet for messaging that has a goal of streamlining group communications during a time of email overload has raised another $200 million giving it a new valuation of more than $3.8 billion. Slack to date has…

US Department of the Interior Reopens Coal Mining Operations

Trump Administration Interior Secretary Ryan Zinke has just put an end to the Obama-era federal moratorium on coal-mining leases. Zinke signed an order repealing the federal land lease pause, an action which implements at least part of President Trump’s executive…

Uber wants to Start Delivery of Food

UberEats the food delivery service is receiving its own app for additional food options in a number of major U.S. cities. UberEats allows the user to order the food, and to have it delivered to the door by a driver…

Haribo the Gummy Bear Behemoth Building First U.S. Plant

Haribo the International candy maker chose Wisconsin as its site for the company’s first U.S. based manufacturing facility. The company’s project should be completed by 2020 about 45 miles to the north of Chicago in the town of Pleasant Prairie,…

Charter and Comcast to Work Together to Compete Better

Charter Communications and Comcast Corporation, the two biggest cable operators in the U.S. agreed to look into ways to work together to compete better nationwide in the wireless business with giants in the industry such as Verizon Communications and AT&T.…

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