5 October 2022
Chicago 12, Melborne City, USA
Business

$100 million NJ deli defendant hires lawyer who repped Martin Shkreli

Hometown Deli, Paulsboro, N.J. Mike Calia | CNBC Peter Coker Sr., one of the defendants in the case of the so-called $100 million New Jersey deli, hired a lawyer who previously represented “pharma bro” Martin Shkreli, according to a new court filing Tuesday. Coker Sr. hired Marc Agnifilo to represent him in his case against […]

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Business

How to protect your finances from natural disasters like Hurricane Ian

Tap emergency resources Reach out to the Federal Emergency Management Agency, Disaster Assistance Improvement Program and the American Red Cross, as well as state and local governments, for emergency assistance. You may also find help in your community.   “Disasters bring people together,” McClanahan said. “People are really good at helping people. “If you have the […]

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Business

JD.com founder and billionaire Liu settles U.S. rape civil suit

Richard Liu, the founder of Chinese e-commerce giant JD.com, will step down from his role as CEO. His departure comes after a number of high-profile technology founders exited their leadership positions amid Beijing’s regulatory crackdown on its domestic tech sector. VCG | Visual China Group | Getty Images Billionaire Richard Liu, founder of one of […]

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Business

Arizona official brings legal challenge against Biden’s student loan plan

Arizona Attorney General Mark Brnovich has brought a legal challenge against the President Joe Biden’s sweeping student loan forgiveness plan, possibly putting the administration’s proposal to wipe out much of the debt of tens of millions of borrowers in jeopardy. “This mass debt forgiveness program is fundamentally unfair, unconstitutional and unwise,” Brnovich said in a […]

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Business

Buybuy Baby sales fall at struggling Bed Bath & Beyond

A customer carries a Buy Buy Baby shopping bag in New York, US, on Thursday, Aug. 25, 2022. Gabby Jones | Bloomberg | Getty Images Buybuy Baby has been a rare bright spot for struggling Bed Bath & Beyond. On Thursday, however, the baby gear chain reported a steep quarterly sales drop — raising eyebrows […]

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Business

DocuSign to cut workforce by 9% as part of restructuring plan

The Docusign Inc. website on a laptop computer arranged in Dobbs Ferry, New York, U.S., on Thursday, April 1, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images DocuSign will lay off 9% of its workforce as part of a major restructuring plan, the company announced Wednesday. The plan is designed to support the company’s growth […]

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Business

Cathie Wood’s new fund gives small investors access to the VC market for just $500

Cathie Wood, chief executive officer and chief investment officer, Ark Invest, speaks during the Milken Institute Global Conference on May 2, 2022 in Beverly Hills, California. Patrick T. Fallon | AFP | Getty Images Cathie Wood’s Ark Invest launched a new venture capital fund, targeting individual investors with a minimum investment of just $500. The […]

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Business

5 things to know before the stock market opens Monday, September 26

Raphael Bostic at Jackson Hole, Wyoming David A. Grogan | CNBC Here are the most important news items that investors need to start their trading day: 1. Bad start for stocks Stocks are still in a funk. The three major indices were down Monday, indicating that last week’s troubles would continue. On Friday, the Dow […]

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Business

Italy poised for hard-right leader as country votes in snap election

Giorgia Meloni, leader of the right-wing party Fratelli d’Italia (Brothers of Italy) holds a giant Italian national flag during a political rally on February 24, 2018 in Milan, Italy. Emanuele Cremaschi | Getty Images Italians head to the polls Sunday in a nationwide vote that could return the country’s first female prime minister and the […]

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Business

Britain’s lurch to Reaganomics gets thumbs down from markets

Truss has now put the country on an economic road completely at odds with most, if not all, major global economies. Hannah Mckay | Reuters LONDON — New U.K. Prime Minister Liz Truss may have talked big on “trickle-down economics” during her campaign trail this summer, but no-one could have predicted the swathe of tax […]

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