General Electric’s finance unit agreed to pay $49 million to settle allegations it covered up the $2 billion Ponzi scheme perpetrated by convicted fraudster Thomas Petters
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General Electric in $49 million settlement over Petters fraudGeneral Electric Co has reached a $49 million settlement to end a long-running l...
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Man involved in scheme that bilked Facebook and Google out of $121 million pleads guiltyA Lithuanian man admitted he helped trick Facebook Inc. and Alphabet Inc.’s Google into sending more than $100 million through a phishing scheme.
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Michael Avenatti arrested for $20 million extortion schemeFormer attorney for Stormy Daniels, Michael Avenatti, has been arrested for trying to extort $20 million from Nike by threatening to release damaging information about the company.
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Yale rescinds admission of a student whose family paid $1.2 million to get her inYale University has rescinded the admission of a student who was admitted as part of the ongoing college admissions scandal, the first instance of a school doing so since the scheme became public two weeks ago.
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One Million More Workers Will Soon Get Overtime PayAs many as one million more workers will soon be eligible for overtime pay, under a rule being considered by the Trump Administration. The rule change by the Department of Labor would raise the wage threshold for workers to be paid overtime, an increase that all sides agree is long overdue.
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Mystery parent paid $6.5 million to get kids into top universities as part of admissions scandalThe astronomical figure is among the details that federal prosecutors have made in charging college fixer William “Rick” Singer, a slew of university coaches and more than 30 parents, including actresses Lori Loughlin and Felicity Huffman.
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The 5 highest-paid CEOs of 2018, including $129 million for Discovery's David ZaslavThe highest-paid CEOs of 2018 include Discovery's David Zaslav and Disney's Bob Iger.
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Duke settles research misconduct case, agrees to pay U.S. government $112.5 millionDuke University agreed to pay the federal government $112.5 million to settle a lawsuit alleging a research technician falsified data for years to get funding from federal agencies.
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Purdue Pharma to pay over $200 million to settle historic Oklahoma opioid lawsuitPurdue Pharma has agreed to pay over $200 million to settle a historic lawsuit brought by the Oklahoma attorney general who accused the OxyContin maker of aggressively marketing the opioid painkiller and fueling a drug epidemic that left thousands dead in the state, a source familiar with the case tells CNN.
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