Sirinarth Mekvorawuth / EyeEm LendEDU, a website that compares loans, credit cards and insurance for consumers, engaged in a pay-to-play scheme that saw the online marketplace accept money from financial firms in exchange for higher ratings and post fake customer reviews, according to the Federal Trade Commission. LendEDU and three company officers deceived the public
Medical officers spray Indonesian nationals with antiseptic as they arrive from Wuhan, China’s center of the coronavirus epidemic, and before transferring them to the Natuna Islands military base to be quarantined, at Hang Nadim Airport in Batam, Riau Islands, Indonesia, February 2, 2020. Antara Foto | Reuters Jarred Evans spent his fourth night of quarantine
A high speed production line of insulin is pictured at the factory of Novo Nordisk, a global healthcare company, in Chartres. Jean-Francois Monier | AFP | Getty Images Diabetes drug maker Novo Nordisk said on Wednesday it expects its business to grow at a slower pace in 2020 compared to last year with insulin prices
Dara Khosrowshahi, CEO of Uber, appears on CNBC’s Squawk Box at the 2020 World Economic Forum in Davos, Switzerland on Jan,. 22nd, 2020. Adam Galici | CNBC Here are the most important things to know about Thursday before you hit the door. 1. Uber another loss? Uber is set to report its fourth-quarter earnings after
Signage is displayed at the FirstEnergy Corp. Bruce Mansfield coal-fired power plant in Shippingport, Pennsylvania. Justin Merriman | Bloomberg | Getty Images The best two sectors so far this year are the fast-growing tech sector and stodgy old utilities, continuing an odd race that has been going on for more than 18 months. The utilities
Young female barista has a disappointed expression on her face as she counts her tips at the end of the day. Steve Debenport | E+ | Getty Images When it comes to tipping, most Americans believe they are better than average. But some may be overestimating just how generous they are. A new survey from
McDonald’s worker prepares french fries to go. Getty Images America’s franchisees are poised for another year of growth in 2020 as the U.S. economy chugs along, bolstered by a strong consumer. But facing an election year and a historically tight jobs market, franchise establishment growth is slowing to its lowest rate in the past four
Merck & Company, Inc., d.b.a. Merck Sharp & Dohme outside the United States and Canada, is an American pharmaceutical company and one of the largest pharmaceutical companies in the world. Igor Golovniov | LightRocket | Getty Images Merck said on Wednesday it intends to spin off its women’s health, biosimilar drugs and older products into
General Motors CEO Mary Barra Bill Pugliano | Getty Images DETROIT – General Motors lost $194 million in the fourth-quarter heavily due a 40-day labor strike against the company that cost it four weeks of vehicle production and eroded any profit. The strike, according to the automaker, cost it $2.6 billion in earnings before interest
Bob Iger Stephen Desaulniers | CNBC Check out which companies are making headlines before the bell: Disney (DIS) — Disney shares dipped 0.8% after the media giant failed to update the guidance for its online streaming service, Disney+. The company had previously forecast subscriber growth between 60 million and 90 million by fiscal 2024. The