SEC launches formal investigation into Merge Technologies
Filed under: Earnings Reports, LawOn Friday, Merge Technologies Inc. (NASDAQ: MRGE), doing business as Merge Healthcare, announced horrible financial results and a formal SEC investigation into the...
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Another Overstock (OSTK) executive bails
Filed under: Press Releases, ManagementJust after the close of the market Wednesday, Overstock.com (NASDAQ: OSTK) issued a press release announcing the departure of a top executive. Effective December...
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Former Dateline NBC correspondent slams the network's news reporting
Filed under: Television, General Electric (GE), Rich in America, Media WorldNBC, a division of General Electric (NYSE: GE), is under fire from John Hockenberry, a former correspondent for the news...
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Avon is restructuring, and it ain't pretty
Filed under: Avon Products (AVP) Forget about being in the beauty business. This overhaul at Avon Products, Inc. (NYSE: AVP) isn't going to be pretty in the least. As part of its previously announced...
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Supreme Court says third parties not necessarily on the hook for corporate fraud
Filed under: Law, Cisco Systems (CSCO), Motorola (MOT), Headline NewsA Supreme Court ruling in StoneRidge v. Scientific-Atlanta essentially says that third parties involved in corporate wrongdoing are...
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Kroger being sued by man with 'popcorn lung'
Filed under: Products and Services, Law, Kroger Co (KR)Wayne Watson, the man who ate at least two bags of microwave popcorn a day for years and developed "popcorn lung" is now suing The Kroger Co....
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WorldCom whistleblower Cynthia Cooper tells all
Filed under: Insiders, Scandals, BooksCynthia Cooper was a true corporate whistleblower. She became famous, not by choice, but because of the WorldCom financial statement fraud valued at $11 billion....
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Harley-Davidson announces job cuts and idle plants
Filed under: Bad News, Employees, RecessionHarley-Davidson Inc. (NYSE: HOG) announced early Thursday morning that it would be cutting 730 jobs and temporarily halting production at some plants. Daily...
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Overstock.com being investigated by law enforcement in California
Filed under: International Markets, Press Releases, ScandalsChalk up another problem for Overstock.com (NASDAQ: OSTK), the failing online retailer run by the wacky CEO Patrick Byrne. Yet this law...
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Battle of the Brands: American Express vs. Visa
Filed under: American Express (AXP), Battle of the BrandsThis post is part of our Battle of the Brands feature. Let us know which brand you prefer, and check out other Battle of the Brands posts. In...
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Battle of the Brands: Folgers vs. Maxwell House
Filed under: Products and Services, Procter and Gamble (PG), Kraft Foods'A' (KFT), Battle of the BrandsThis post is part of our Battle of the Brands feature. Let us know which brand you prefer, and...
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Battle of the Brands: Crest vs. Colgate
Filed under: Colgate-Palmolive (CL), Procter and Gamble (PG), Battle of the BrandsThis post is part of our Battle of the Brands feature. Let us know which brand you prefer, and check out other Battle...
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Battle of the Brands: Kentucky Fried Chicken vs. Popeye's Chicken
Filed under: Consumer Experience, Yum Brands (YUM), Battle of the BrandsThis post is part of our Battle of the Brands feature. Let us know which brand you prefer, and check out other Battle of the...
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Battle of the Brands: Tylenol vs. Excedrin
Filed under: Johnson and Johnson (JNJ), Novartis AG ADS (NVS), Battle of the BrandsThis post is part of our Battle of the Brands feature. Let us know which brand you prefer, and check out other Battle...
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eBay going PayPal only?
Filed under: eBay (EBAY), Ripoffs and Scams, RetailThe New York Times reports that eBay is considering making PayPal the only form of payment allowed on eBay auctions. The company is test marketing...
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Overstock.com cuts off affiliates in New York over sales tax issue
Filed under: Law, Competitive StrategyLast week, Amazon.com (NASDAQ: AMZN) filed a lawsuit in New York over the state's new law, which requires online retailers to collect sales tax from New York...
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Amazon.com sales tax troubles: Roll the dice!
Filed under: Law, Amazon.com (AMZN)The Wall Street Journal is reporting today that Amazon.com (NASDAQ: AMZN) is likely facing additional sales tax challenges in eight states besides New York. The New...
View ArticlePublic company executives caught lying about college degrees
Filed under: ScandalsFelon-turned-fraud investigator Barry Minkow has released the names of seven public company executives caught lying about their degrees. Sounds unusual, doesn't it? Well, the...
View ArticleMGM Mirage CEO resigns after falsified credentials revealed
Filed under: From the Boards, Employees, ScandalsLate Thursday, MGM Mirage (NYSE: MGM) CEO and Chairman J. Terrence Lanni stepped down from his position after reports surfaced that he had falsely...
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Financial Felons: Barry Minkow
Filed under: Law, Scandals This post is part of a feature in which he wonder whatever happened to some notorious financial felons. See all 17. Barry Minkow was one of the youngest people to ever take a...
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