CHRISTOF STACHE / Getty Wirecard, a valuable German financial technology firm, filed for bankruptcy on Thursday as it battles a major accounting scandal. According to auditors, more than $ 2 billion disappeared from the company’s balance sheet, and Wirecard later admitted that the money never existed. In a statement Thursday, …
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The White House has revealed that a second stimulus check is on the table. Hillary Vaughn of FOX Business with more. US equity futures have swung between gains and losses in the early hours of Thursday. The major futures indices point to a 0.4 percent decline. GET FOX BUSINESS ON …
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Munich prosecutors confirmed that Braun, the former Wirecard CEO, was arrested on suspicion of inflating the digital payments company’s balance sheet and sales through bogus transactions to make it more attractive to investors and customers. Prosecutors said Braun may have acted cooperatively with other perpetrators. Braun will be released Tuesday …
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Bulls and bears can’t lead at the same time, Jim Cramer reminded his Mad Money viewers on Wednesday. Cramer reiterated his call for investors to take some profits and raise cash as negative news continues to put pressure on stocks. New cases of COVID-19 are emerging in several states, a …
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The mother of “ER” actress Vanessa Márquez, who was shot by police at her home in 2018, filed a lawsuit against the city of South Pasadena on Wednesday. The lawsuit, filed in the Los Angeles Superior Court, claims that paramedics were conducting a wellness check on Marquez, 49, when police …
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