Financial Crime: Amazon manager who scammed the company out of $10 million sentenced to 16 years
Prosecutors say Kayricka Wortham used the stolen cash to buy a Lamborghini, a Porsche and a $1 million home.
: Supreme Court’s student-loan decision could be a blueprint for blocking SEC’s war on crypto
Crypto advocates are looking to the Supreme Court to stop the SEC's regulatory crackdown on the industry.
The Fed: Fed’s Williams: Incoming data points to need for higher interest rates
Incoming U.S. economic data points to the need for higher interest rates, said New York Fed President John Williams on Wednesday.
: S&P 500 snaps three-day win streak as U.S. stocks close lower
U.S. stocks finished modestly lower Wednesday, with the S&P 500 snapping three straight trading days of gains, as investors weighed minutes from the Federal Reserve’s...
: JetBlue to end JV with American Airlines to ‘focus’ on Spirit merger
JetBlue Airways Corp. JBLU said late Wednesday it will unwind a joint venture with American Airlines Group Inc. AAL in airports in the Boston and...
: Vimeo announces departure of CEO
Vimeo Inc. VMEO on Wednesday said that Chief Executive Anjali Sud will be leaving the company at the end of August to “pursue a new...
: Exxon stock drops after energy giant says that nat gas prices likely to be a drag on Q2 profits
Exxon Mobil Corp. XOM said late Wednesday it expects lower natural-gas prices to dial down its second-quarter profits for its upstream, or exploration and production,...
: Bank of America plans 9% dividend increase
Bank of America Corp. BAC said Wednesday that it plans to increase its dividend to 24 cents a share, from 22 cents a share, beginning...
: MedMen appoints Ellen Deutsch as CEO
MedMen Enterprises Inc. CA:MMEN, the struggling U.S. cannabis retailer, on Wednesday appointed Ellen Deutsch as its new chief executive, and said Amit Pandey would become...