News

Fraud

SEC Charges Former MiMedx Execs With Fraud

The C-suite executives allegedly improperly recognized revenue from distributors with which MiMedx had secret side arrangements.
Capital Markets

Crypto Market Loses Over $40B in A Week

The crypto market has been experiencing a downtrend over the last week, with major cryptocurrencies being in the red.
Financial Performance

China Tariffs to Eat Into Dollar Tree Q4 Profits

The discount retailer's shares fell more than 16% after it cut its outlook for the holiday season due in part to tariff costs.
M&A

EBay to Sell StubHub to Viagogo for $4B

Viagogo CEO Eric Baker co-founded StubHub in business school and left before it was sold to eBay.
Fraud

Ex-Outcome Health Execs Charged With Fraud

The SEC says the CFO and two other executives misrepresented Outcome's financial performance to raise nearly $500 million from investors.
M&A

Schwab Buys Ameritrade in Brokerage Mega-Deal

The $26 billion merger would create a “true behemoth in the retail brokerage space" amid a bruising pricing war.
M&A

Luxury Retailer LVMH to Buy Tiffany for $16.2B

The announcement comes after the jeweler rejected an offer last month.
People

GE Taps Maersk CFO to Head Finance

Carolina Dybeck Happe leaves Maersk after less than a year to take the most prestigious job in corporate finance.
Global Business

New ECB Chief Urges Domestic Demand Push

While “all advanced economies are facing a growth challenge, the euro area has been slower to embrace innovation," Christine Lagarde says.
Bankruptcy

Bumble Bee Files for Chapter 11 Bankruptcy Protection

The company announced an agreement to sell assets amid legal woes.
Financial Performance

Pure Storage Shares Dive on Weak Guidance

Like other tech infrastructure suppliers, Pure is "seeing signs of a more challenging global business environment."
Financial Performance

Gap Beats Estimates But Comp Sales Dip 4%

“We are not pleased with the third-quarter results and are focused on aggressively addressing operational issues," the struggling retailer says.
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