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AT&T CEO Randall Stephenson announced his retirement on Friday April 24, effective July 1, 2020. “After serving 13 years as AT&T’s Chairman and CEO, Randall Stephenson, 60, will retire as CEO but will serve as Executive Chairman of the Board...
Harvard University said on Wednesday it will not take the $8.6 million stimulus allocation offered to them as part of the massive $2.2 trillion CARES Act, approved by U.S congress to ease the financial burden of many of America’s...
Spain has returned coronavirus testing kits ordered from China for the second time, after claiming that the second batch is also faulty, Dailymail reported. The testing kits were manufactured and shipped to Spain by Chinese company Shenzhen Bioeasy to replace the...
After a critical small-business loans program ran out of money last Thursday, many people have continued to wonder why the $349 billion depleted so quickly. The U.S Congress approved the first-come-first-served Paycheck Protection Program (PPP) in March as part of the...
A record 22 million Americans who lost their jobs have filed for unemployment benefits in 4 weeks, wiping out a decade of job gains as the nation grapples with the unprecedented shutdown of the U.S. economy to contain the...
Since Beijing last week lifted the lockdown on the city of Wuhan where the coronavirus outbreak is believed to have originated, its markets — which sell freshly slaughtered animals, fish and a variety of exotic wildlife — have also...
The coronavirus-induced lockdown will cause bankruptcies to surge in the coming months, economists have warned. U.S Federal Reserve researchers predict the number of virus-related bankruptcies could jump by 200,000 to nearly 1 million unless government programs help stem the tide....
A Brooklyn landlord has waived rent for hundreds of his tenants for the month of April. Mario Salerno posted signs on the 18 buildings he owns throughout the borough letting tenants know they do not have to pay April’s rent, The...
As coronavirus continues to sweep through the world, the last three weeks have turned out the most devastating periods in history for the American job market. Businesses continue to lay off and furlough workers leading to spike in unemployment claims to...
As the coronavirus pandemic continues to sweep through the world like wildfire, many business in the US and some countries have shut down, leading to a surge in newly laid off workers. The US workers who have suddenly found themselves without...
As coronavirus continues to sweep through several countries, aviation experts have warned that most major airlines in the world may go bankrupt by end of May if different governments don’t quickly intervene. The warning came shortly before the U.S president...
A former Google engineer accused of stealing trade secrets for Uber has filed for bankruptcy after being ordered to pay $179 million to his former employer. Anthony Levandowski, 39,  the engineer and autonomous vehicle startup founder was the central figure of...
An Irish drug dealer learned the hard way what every bitcoin investor knows: never lose your codes. Clifton Collins, a former security guard and a beekeeper turned weed grower/dealer, lost $60 million when his landlord cleaned out the house he’d...
China’s central bank has ordered the return of paper currency in circulation at hospitals, animal markets and buses in areas hard-hit by coronavirus to prevent contagion. Bills will be locked up for at least 14 days at other locations as...
John Stumpf, the former CEO of Wells Fargo, has been banned for life from banking. The announcement was made on Thursday January 23 by the U.S. government’s Office of the Comptroller of the Currency. The former CEO, who presided over the...
Few days after asking a question to President Putin during the president’s annual press conference, Russian journalist Alisa Yarovskaya, has lost her job and the reason is unclear. The latest report highlights the difficult role Russian journalists have in holding...
A Texas woman became a one-day millionaire on Tuesday when her bank mistakenly deposited a whopping $37 million dollars into her account. Dallas resident Ruth Balloon said she checked her bank account and saw additional $37 million dollars showing as...
Bernard Tyson, the Chief Executive Officer of Kaiser Permanente and an advocate for racial justice and workplace diversity has died. He was 60. Tyson died in his sleep on Sunday morning, the company confirmed. But the company did not disclose the cause...
A bartender at Bleacher’s Bar in O’Fallon in Missouri won’t soon forget a tip of a lifetime from one of her regular customers. The customer gave her a Powerball ticket that ended up winning $50,000. Taylor Russey, 33, said that...
Football superstar, Cristiano Ronaldo reportedly makes more money from being an Instagram influencer than playing soccer for Juventus. Ronaldo who currently plays as a forward for Serie A club Juventus and captains the Portugal national team, signed a four-year contract with the Italian...

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