Hertz sold $29 million in stock despite SEC questions
Hertz did raise millions of dollars through stock sales after its bankruptcy filing, after all.
McDonald's is suing its ousted CEO for lying about sexual relationships with employees
Ousted McDonald's CEO Steve Easterbrook lied to the board about the extent of his relationships with employees, the company alleged in a new lawsuit. He misled investigators about engaging in physical sexual relationships with three employees in the year before …
Amazon may take over old JCPenneys and Sears to try and speed up deliveries
Amazon may replace closed department stores at struggling malls.
CRUISIN’ The USA: Chevrolet To Host Week-Long Virtual Fan Experience Celebrating Past, Present Vehicles
Chevrolet is reimagining summer car cruising through a weeklong virtual festival – Cruisin’ the USA in your Chevrolet – that celebrates more than a century of the brand’s automotive history. Hosted on Chevy’s social media channels from August 10-16, the …
Bank regulators crack down on Capital One after its massive data breach
The US government and Federal Reserve on Thursday took action against Capital One in response to the bank's massive 2019 data breach.
Acting State Department watchdog resigns months after previous inspector general was fired
The acting State Department watchdog Stephen Akard has resigned after serving in the role for less than 3 months following the firing of the previous inspector general by President Donald Trump at the recommendation of Secretary of State Mike Pompeo.
Audi pulls 'insensitive' ad featuring girl eating banana in front of car
Audi has apologized for an advert showing a young girl eating a banana in front of a premium car, admitting it was "insensitive" and promising not to use the image in future.
Goldman Sachs says parents are the next group at risk to lose their jobs
The new school year is just around the corner and parents and teachers are fretting about returning to the classroom during the pandemic. Economists are worried, too, because a lack of childcare could damage America's recovery.
'The Next Marijuana Millionaire' mixes cannabis and reality competition
There may be some high expectations for Michael "BigMike" Straumietis' new show.
With TikTok's future uncertain, users are jumping to these other apps
The past few days have been an emotional roller coaster for TikTok fans, with the news shifting from the threat of an impending ban to the possibility of an imminent acquisition by Microsoft and back to talk of a ban …
Ford CEO Jim Hackett to retire and be replaced by COO Jim Farley
Ford CEO Jim Hackett is retiring in October, the company announced Tuesday. The automaker's chief operating officer, Jim Farley, will take over as president and CEO.
Hello Alice Releases Black Business Report Uncovering Significant Inequities Faced By Black-Owned Small Businesses During COVID-19
The report spotlights the unique challenges that Black-owned small businesses face and identifies opportunities to better serve the Black small business community
New Relief Program Available for Small Businesses
The PeopleFund is a lender in the new Community Advantage Recovery Loan (CARL) Program launched by the Small Business Administration (SBA). The new program will provide technical and financial assistance to small businesses located in underserved markets. It is intended …
Gap shares fall after Kanye West threatens to walk away from Yeezy deal
Kanye West's threat to walk away from his fashion company's fledgling partnership with the Gap has sent shares sharply lower.
Country Time helping the 'littlest entrepreneurs' with bailout money for lemonade stands
With the pandemic and a crumbling economy, it's safe to say life has given us lemons. But with strict social-distancing rules, kids don't have the chance to make lemonade.
