Kenneth Leech, the former co-chief investment officer of Western Asset Management Co, was charged by U.S. authorities on Monday with running a fraudulent “cherry-picking” scheme where he improperly favored some clients’ accounts over others when allocating trades. The U.S. Securities and Exchange Commission said that between January 2021 and October…
Walmart on Monday confirmed that it’s ending some of its diversity initiatives, removing some LGBTQ-related merchandise from its website and…
Kohl’s is getting a new CEO, its third since 2018. The off-mall department store’s current CEO Tom Kingsbury is stepping…
The U.S. Securities and Exchange Commission has issued a summons to Indian billionaire Gautam Adani, indicted on U.S. bribery allegations related to…
Macy’s on Monday said an employee responsible for managing accounting for small package deliveries concealed up to $154 million…
California Gov. Gavin Newsom said the state will provide rebates to residents if President-elect Donald Trump’s incoming administration does…
If you’re a Microsoft 365 user, this Monday may have been a little more frustrating for you than usual.…
Air travelers face a host of headaches on their journeys: slow security lines, long waits for plush lounges, the threat of delays or cancellations…
A federal judge said Monday he may hold an evidentiary hearing next month to help determine whether to approve…