Articles

A ‘Gucci Goddess’ stole $109 million from the Army — and bought 30 homes, 82 cars and 1,500 pieces of jewelry

Janet Mello was dubbed the ‘Gucci Goddess’ for perpetrating one of the biggest public frauds in Texas history, earning her 15 years behind bars.

Gen X’s retirement woes may give rise to a generation of ‘silver squatters’

This generation will need more financial and housing support from family than older generations, study says.

Southwest Airlines safety incidents draw FAA scrutiny

U.S. aviation regulators have launched an audit of Southwest Airlines Co. after recent safety-related incidents.

Lineage anchors busiest dollar-volume week for IPOs so far in 2024

Seven deals on the calendar aim to raise about $5 billion, led by a $3.6 billion deal from Lineage, a chilled-warehouse REIT.

Student-loan servicer’s ‘Kafkaesque’ customer service kept borrowers in debt, suit claims

The lawsuit argues that MOHELA intentionally pushes borrowers towards using online and other self-service tools instead of connecting them with a live customer service agent.

UnitedHealth is tapping the bond market as it moves to get ahead of election-related volatility

UnitedHealth Group Inc. launched a seven-part bond offering on Tuesday that will include a floating-rate tranche, as it moves to refinance debt ahead of any potential volatility stemming from the pending U.S. presidential election.

Prescription-drug middlemen face mounting bipartisan criticism on Capitol Hill 

Top executives at the largest U.S. pharmacy-benefit managers sought to defend their business practices on Capitol Hill on Tuesday, as lawmakers on both sides of the aisle excoriated the industry’s impact on the cost and accessibility of prescription drugs.

Bank of America clients bailed out of stocks last week at the fastest pace in years

Clients of Bank of America Securities dumped stocks last week at the fastest pace in years, according to a weekly report from a team of equity analysts.

AMC debt restructuring sparks more buying in the movie-theater chain’s junk bonds

Movie-theater chain and original meme stock AMC’s debt-restructuring deal has sparked buying activity in the company’s bonds.

The surprising way the bond market is reacting to Trump vs. Harris

Slight changes in the direction of Treasury yields are acting as a barometer of traders’ sentiment about the race for the White House.

Philip Morris International profit jumps 34% in ‘outstanding’ quarter

Philip Morris International Inc.’s stock rose 2.4% in premarket trading on Tuesday after the tobacco giant’s second-quarter adjusted profit came in ahead of Wall Street analyst estimates.

Polaris stock slides 7% after earnings fall far short of consensus and company cuts full-year outlook

Polaris Inc.’s stock fell Tuesday, after the power sports vehicles maker posted weaker-than-expected second-quarter earnings and slashed its full-year guidance.
1 931 932 933 934 935 2,300