Business

GE CEO Larry Culp equipped in relation to $2 million value of the corporate’s inventory after fraud accusation – CNBC
Business

GE CEO Larry Culp equipped in relation to $2 million value of the corporate’s inventory after fraud accusation – CNBC

Larry Culp, CEO, General ElectricScott Mlyn | CNBCGeneral Electric CEO Larry Culp bought nearly $2 million worth of the company’s stock after Madoff whistleblower Harry Markopolos called the company “a bigger fraud than Enron.”A Thursday evening filing with the SEC revealed that Culp bought 252,200 shares for about $7.93 each. Culp, who took over the…

Amazon Says Those Uncommon Price Ambassador Accounts Defending The Firm Are Urge By Real Workers – BuzzFeed News
Business

Amazon Says Those Uncommon Price Ambassador Accounts Defending The Firm Are Urge By Real Workers – BuzzFeed News

A series of Amazon brand ambassador accounts that have been defending the company while trying to convince Twitter users that they’re definitely not bots are, in fact, run by real people, according to an Amazon spokesperson.The accounts were discovered by Diana Wild, who tweeted at an official Amazon account demanding the company treat workers better.…

Olive Garden’s By no methodology Ending Pasta Passes promote out straight away; Over 20,000 wanted the $500 ‘lifetime’ model – Fox Information
Business

Olive Garden’s By no methodology Ending Pasta Passes promote out straight away; Over 20,000 wanted the $500 ‘lifetime’ model – Fox Information

Is $500 too much to pay for a lifetime of unlimited creamy mushroom fettuccine?Not at all, according to more than 20,000 die-hard Olive Garden fans.FLORIDA MAN ARRESTED OUTSIDE OLIVE GARDEN WHILE EATING SPAGHETTI WITH BARE HANDSOn Thursday afternoon at 2 p.m. EST, the restaurant’s $100 Never Ending Pasta Passes, which actually are valid for nine weeks,…

Stanley Druckenmiller says he offered GE stock all the very best blueprint thru descend amid fraud accusations – CNBC
Business

Stanley Druckenmiller says he offered GE stock all the very best blueprint thru descend amid fraud accusations – CNBC

Stanley DruckenmillerKatie Kramer | CNBCHedge fund manager Stanley Druckenmiller said he bought General Electric shares on Thursday during the stock’s double-digit plunge brought about by a report from Madoff whistleblower Harry Markopolos accusing the conglomerate of an Enron-like fraud. “I believe Culp … I bought stock today,” Druckenmiller told CNBC’s Kelly Evans in a statement.…

US stocks fight as Treasury yield tumbles – Fox Industry
Business

US stocks fight as Treasury yield tumbles – Fox Industry

U.S. stocks struggled Thursday as the yield on the 10-year Treasury fell to a three-year low, which many analysts see as a harbinger of recession.The yield on the closely watched government bond fell below the psychologically significant level of 1.5 percent as investors moved money out of stocks and into the safety of U.S. debt.The decline…

Stocks Rise on Walmart’s Earnings Beat, China’s Change War Olive Branch – TheStreet.com
Business

Stocks Rise on Walmart’s Earnings Beat, China’s Change War Olive Branch – TheStreet.com

The Dow Jones Industrial Average advanced Thursday after suffering its worst day of the year in the previous session following positive words from China in its ongoing trade battle with the U.S. and an earnings beat from Walmart. Walmart (WMT – Get Report) shares climbed after reporting stronger-than-expected second-quarter earnings and increasing its full-year profit guidance. Walmart is Real…

Shares making the largest strikes midday: Traditional Electrical, Walmart, Alibaba and Tapestry – CNBC
Business

Shares making the largest strikes midday: Traditional Electrical, Walmart, Alibaba and Tapestry – CNBC

Traders work beneath a monitor displaying General Electric Co. signage on the floor of the New York Stock Exchange.Michael Nagle | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading:General Electric— Shares of GE plummeted as much as 14% shares after Madoff whistleblower Harry Markopolos accused the company of issuing fraudulent financial…


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