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After becoming a public company in August 2005, it was revealed that Phillip R. Bennett, the company's CEO and chairman, had concealed $430m of bad debts. Its underwriters were Credit Suisse First Boston, Goldman Sachs, and Bank of America Corp. The company entered Chapter 11 and Bennett was sentenced to 16 years in prison. Bear Stearns: United ...
Image credits: Statakaka "Social media is another powerful tool; calling out misleading practices can create public pressure on brands to be more accountable.
Some government officials, ethics experts and Trump opponents say both Ramaswamy, a financier, and Musk, the wealthiest man in the world, will be positioned to suggest budget cuts and regulatory ...
Taxi companies sued Uber in numerous American cities, alleging that Uber's policy of violating taxi regulations was a form of unfair competition or a violation of antitrust law. [7] Although some courts did find that Uber intentionally violated the taxi rules, Uber prevailed in every case, including the only case to proceed to trial. [ 8 ]
The Federal Trade Commission announced a final rule banning hotels and ticketing and short-term rental companies from including hidden junk fees in their total price on Tuesday.
By Steven Brill Letter From the Editors Backstage at Johnson & Johnson. On May 20, about 100 stock analysts gathered in the ballroom of the Hyatt Regency Hotel in New Brunswick, New Jersey, to hear good news from top executives at Johnson & Johnson: The company had 10 new drugs in the pipeline that might achieve more than a billion dollars in annual sales.
The recent changes of the News Feed algorithm [377] (see content : News Feed#History) are expected to improve "the amount of meaningful content viewed". [378] To this end, the new algorithm is supposed to determine the publications around which a user is most likely to interact with his friends, and make them appear higher in the News Feed ...
The growth of fast fashion fueled environmental issues. Fast fashion's meteoric rise is apparent in retail giants like Shein and Uniqlo, which both saw more than 20% revenue growth between 2022 ...