corporate crime
-
FTC Sues Amazon for Operating Illegal Monopoly
The agency is seeking a permanent injunction to ‘pry loose Amazon’s monopolistic control to restore competition.’
-
CoinDesk Cuts a Reported 45% of Staff Ahead of Potential Sale
The finger-on-the-pulse and Polk Award-winning crypto news media company CoinDesk is in dire straits. The website has reportedly laid off 45% of its staff as parent company Digital Currency Group explores a sale. The Block reports that the company’s layoffs include 20 employees at the website. CoinDesk management announced the layoffs via an internal email…
-
Should Have Said No: Taylor Swift Reportedly Did Sign a Deal With FTX
While news of the FTX cryptocurrency exchange’s crumbling castle has come and gone, there is a new wrinkle in the tale involving one of the world’s largest singer-songwriters. After reports that Taylor Swift knew all too well that the exchange would fail and declined to sign a deal with Sam Bankman-Fried’s FTX, news has broken…
-
10 U.S. Government Scandals You Probably Forgot About
Ah, the U.S. federal government! When properly funded and run, it can efficiently dole out money for public goods like healthcare, roads and highways, college educations, and other indispensable amenities that average Americans relies on. It makes laws, regulates industries, and helps to maintains social order, all while supposedly responding to the whims and voices…