Editor’s Picks

Report: US Antitrust Head May Step Down In 2021

Report: US Antitrust Head May Step Down In 2021
Report: US Antitrust Head May Step Down In 2021
October 08, 2020  |  Legal & Regulation

Makan Delrahim, the U.S. Justice Department’s top enforcer of antitrust laws, is likely to leave his post early in calendar 2021 regardless of the outcome...

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Microsoft Pledges To Give Developers More Control In Its App Store
Microsoft Pledges To Give Developers More Control In Its App Store
October 08, 2020  |  Mobile

Microsoft is set to give developers more control in its app store, according to a report by The New York Times. Get the Full Story Complete...

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Apple, Amazon, Facebook And Google Slam Congressional Report Calling For Break-Ups
Apple, Amazon, Facebook And Google Slam Congressional Report Calling For Break-Ups
October 07, 2020  |  ANTITRUST

The country’s four largest tech firms wasted no time pushing back on a congressional antitrust report that suggested Amazon, Apple, Facebook and Google have become...

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Shake Shack Founder: No Stimulus A ‘Crushing Blow’ For Eateries
Shake Shack Founder: No Stimulus A ‘Crushing Blow’ For Eateries
October 07, 2020  |  Economy

Restauranteur Danny Meyer, CEO of Union Square Hospitality Group and founder of Shake Shack, said there is likely to be large-scale economic damage without more...

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Citi Fined $400M Over Faulty Risk Management Systems
Citi Fined $400M Over Faulty Risk Management Systems
October 07, 2020  |  Legal & Regulation

Federal banking regulators have fined Citigroup $400 million, ordering the third-largest U.S. bank to fix the “significant ongoing deficiencies” in its risk management systems, The...

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Ruby Tuesday Files For Bankruptcy, Will Close 185 Locations
Ruby Tuesday Files For Bankruptcy, Will Close 185 Locations
October 07, 2020  |  Retail

Struggling casual dining chain Ruby Tuesday is filing for Chapter 11 bankruptcy protection, the restaurant announced on Wednesday (Oct. 7). Under the reorganization, the company said it plans to...

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Booking Holdings CEO: Airlines Need More Stimulus Money
Booking Holdings CEO: Airlines Need More Stimulus Money
October 07, 2020  |  Economy

Booking Holdings CEO Glenn Fogel wants Congress to provide more support for the airline industry, saying that not doing so would prevent the industry from...

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Report: Wells Fargo Slashes 700 Jobs
Report: Wells Fargo Slashes 700 Jobs
October 07, 2020  |  Personnel

Wells Fargo & Co. has eliminated more than 700 jobs in commercial banking, kicking off a series of cuts that eventually could number in the...

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