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Tomás Del Coro from Las Vegas, Nevada, USA, CC BY-SA 2.0, via Wikimedia Commons

Spirit Postpones Frontier Deal Vote…Again

BusinessJuly 13, 2022

Spirit Airlines agreed to push its shareholder vote on the Frontier deal again in order to give the airline more time to garner support from Spirit shareholders. Spirit, the nation's largest budget carrier, announced Wednesday that…

Theranos COO Founds Guilty on All 12 Charges

BusinessJuly 7, 2022

Former Theranos executive Ramesh "Sunny" Balwani was found guilty of 12 federal criminal fraud charges on Thursday, making him the second high-level leader of the now-defunct blood testing firm convicted of deceiving investors about its failed technology.…

Amazon Reveals New Policy for Off-duty Workers

BusinessJuly 5, 2022

Amazon employees are now barred from accessing buildings and working areas if they are not scheduled to work that day, the company announced. The policy shift comes amid a feud with unions, who have criticized the…

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Ernst & Young to Pay SEC $100 million…

BusinessJune 28, 2022

Ernst & Young, one of the "Big Four" accounting firms in the United States, will pay a $100 million penalty to the Securities and Exchange Commission after admitting its auditors had cheated on the certified public accountant…

Elon Musk via Wikimedia Commons

Twitter Board Unanimously Approves Elon Musk’s $44 Billion…

BusinessJune 21, 2022

Twitter’s board unanimously recommended Tuesday that shareholders approve billionaire Elon Musk’s offer to buy the social media site for $44 billion. Musk told Twitter employees earlier in June that he still planned to move forward…