Tag: Business

Current and former leaders of the Alabama-based coal mining company, Drummond, are set to go on trial for allegedly funding right-wing paramilitaries, according to Colombia’s Attorney General’s office. The prosecutor claims there is "abundant evidence" that former company president Augusto Jimenez, who led the company’s Colombian operations from 1990 to...

In an interview on Wednesday with the Financial Times Lockheed Martin's chief operating officer (COO,) Frank St. John, said there is "a lot of conversation about third party transfer of F-16s." St. John went on to say that his company will ramp up production of the jets so they'll...

One day after announcing to investors and customers that it may not be able to remain in business, the value of Bed Bath & Beyond shares has continued to decline. In the past year, the widely recognized meme stock has plummeted in value, currently trading at around $1.30, representing...

The Brief: The parties that worked at Coinbase knew what Crypto Coins would be listed on the Coinbase network, and pretty much every coin ever listed on their site proceeds to have a huge spike in price. The parties knew ahead of time what would be listed, allegedly bought the...

On Thursday, a jury found Sunny Balwani, the former president and COO of the now-defunct and bankrupt blood-testing business Theranos, guilty on 12 charges of conspiracy and fraud against investors and clients. It's the same judgment that Theranos founder and former CEO Elizabeth Holmes, who once dated Balwani, received...

After a number of western companies started to leave or cease business in Russia, such as McDonald's, Starbucks, Car manufacturers, and many other brick and mortar establishments, Russia seems to be implementing a new law to punish future ones. This new law would allow the state to take control...