The New York Times is reporting that OYO, a quickly growing hotel startup that aims to be the largest hotel chain in the world by 2023, has inflated its numbers and has a toxic work culture fueled by tireless expansion. While OYO is one of...
Liu Shiyu, the former head of China’s securities regulator, is being investigated for violating anti-corruption laws. According to a report in Reuters citing the Central Commission for Discipline Inspection, Liu Shiyu surrendered to authorities and was cooperating with the National Supervisory Commission. No further details...
Two of Liberia’s central bank officials have been detained over widespread malpractice at the bank related to $104 million in missing bank notes. In September, the Justice Ministry in Liberia announced that it was investigating what happened to the newly printed bank notes that disappeared. The...
The U.S. Justice Department has accused Raul Gorrin, the owner of Globvision, the Venezuelan television channel and Seguros La Vitalicia, the insurance firm, for bribing officials in the country. According to a report in Reuters, citing an unsealed indictment in federal court in West Palm...
April 01, 2020
Democratic Senators are pushing to ensure that Treasury Secretary Steve Mnuchin does proper oversight work on the $500 billion stimulus passed last week by the government to aid companies in the coronavirus pandemic. In particular, the senators want to avoid a repeat of the 2008 bailout for banks, which was criticized after the fact when […]
January 03, 2020
The New York Times is reporting that OYO, a quickly growing hotel startup that aims to be the largest hotel chain in the world by 2023, has inflated its numbers...
May 19, 2019
Liu Shiyu, the former head of China’s securities regulator, is being investigated for violating anti-corruption laws. According to a report in Reuters citing the Central Commission for Discipline Inspection, Liu...
March 01, 2019
Two of Liberia’s central bank officials have been detained over widespread malpractice at the bank related to $104 million in missing bank notes. In September, the Justice Ministry in Liberia announced...