The IRS plans to deny tens of thousands “improper high-risk” Employee Retention Credit (ERC) claims amounting to billions of dollars. This decision follows a review of...
A new report from the World Bank has good news and bad news about the global economy. The good news, according to the Global Economics...
Pharmaceutical giant Pfizer is reportedly creating an online platform selling anti-COVID and migraine medications. The platform, the subject of a Wednesday (May 1) Financial Times (FT) report,...
Fraud related to COVID-19 relief programs continues to occur “at a concerning scale.” Andrea Gacki, director of the Financial Crimes Enforcement Network (FinCEN), said this...
The story of the cautious consumer continues as Walgreens reflects on its latest quarterly earnings. On Tuesday (June 27), after the company issued a warning...
Consumer spending in China may be slow to climb back to where it was before COVID. Although the country lifted its pandemic-era restrictions in December,...
Private equity-backed Envision Healthcare has filed for bankruptcy, citing COVID, inflation and clashes with insurers. The Tennessee-based company, backed by investment giant KKR, announced in...
The business lunch is reportedly back in major cities following a pandemic-driven hiatus. The number of lunchtime diners in New York City rose each month...
Despite lowering its sales outlook for the third straight quarter due to a slower-than-expected recovery in Asia, cosmetics company Estée Lauder remains optimistic about the...