securities and exchange commission
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PayPal Dives Into Crypto Madness With Dollar-Pegged Stablecoin
PayPal is diving into the messy world of crypto with a new stablecoin pegged to the US dollar, aptly and uninventively named PayPal USD. The company’s entrance into the industry comes at a time of deep regulatory uncertainty as federal agencies and lawmakers continue to grapple with the fallout of multiple major crypto implosions last…
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Amazon Is Facing a Labour Reckoning, and It’s Pushing Back With All It Has
The ground is shifting beneath Amazon’s mammoth-sized feet. Just days after workers at a Staten Island, New York warehouse voted to create the first Amazon union in the U.S., securities regulators authorised a shareholder vote on an investigation into its treatment of warehouse workers.
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Facebook Whistleblower Frances Haugen Releases Her 8 Damning SEC Complaints
Complaints Facebook whistleblower Frances Haugen filed to the Securities and Exchange Commission (SEC) accuses the company of lying to the agency, investors, journalists, and Congress.
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Fossil Fuel Companies Got Billions In Bailouts, Fired Thousands of Workers Anyway
Fossil fuel companies made out like bandits from last year’s government bailout. Now, new data shows that big names in the industry laid off tens of thousands of workers last year while padding their bank accounts with public money.