Shares of Netflix soared more than 13% Tuesday after the company posted fourth-quarter results that beat on the top and bottom lines. The company…
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Business
Bank of America CEO says financial industry will jump into crypto payments if regulators allow it
by adminBank of America CEO Brian Moynihan said Tuesday that the U.S. banking industry will embrace cryptocurrencies for payments if regulators allow it. The head of…
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Business
DOJ sues Walgreens, alleging it ‘knowingly’ filled millions of invalid prescriptions
by adminThe Department of Justice said Friday that it sued pharmacy giant Walgreens over allegedly dispensing millions of unlawful prescriptions. The DOJ said that Walgreens from August 2012 until…
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Business
Vanguard fined more than $100 million by SEC over violations involving target date retirement funds
by adminAsset management giant Vanguard has been fined more than $100 million to settle charges related to disclosures around target date investment funds, the Securities…
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Business
Pepsi sued by federal regulators for giving Walmart preferential soft-drink pricing
by adminThe Federal Trade Commission said Friday that it is suing PepsiCo for illegal price discrimination, alleging the food and beverage giant gave an unnamed retailer more…