Remove tag insider trading
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10 Weekend Reads

Barry Ritholtz

The creator economy, as it’s known, is now a global industry valued at $250 billion, with tens of millions of workers, hundreds of millions of customers and its own trade association and work-credentialing programs. But Adidas had been tolerating his misconduct behind the scenes for nearly a decade. ( Here on Earth, there was a 1.7

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Facebook Says Facial Recognition App Was Only Used By Employees

PYMNTS

Business Insider reported on Friday that as early as 2015, Facebook created a facial recognition smartphone app. Business Insider reported that the app was in its early stages, according to CNET. The company was fined a record $5 billion by the Federal Trade Commission for privacy violations.

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Former Heartland CEO Agrees To $250K SEC Fine

PYMNTS

To settle charges of insider trading, the ex-chief executive of Heartland Payment Systems Inc. Through a release in December of that year, the companies said the definitive merger agreement came with a price tag of $4.3 agreed to pay a civil fine of $250,628. billion and would grow the U.S.

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Costco’s First China Store Signals Broader Retail Trend Into Foreign Markets

PYMNTS

But can Costco do well in China, and in the midst of a trade war that still seems to be escalating? China trade war, but the competitive presence of China-based commerce and payment ecosystems such as Alibaba – which, the newspaper notes, “operates brick-and-mortar Hema stores that integrate online and offline shopping.”

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Costco’s New China Retail Move Highlights Broader Trends

PYMNTS

But can Costco do well in China, and in the midst of a trade war that still seems to be escalating? Starting Wednesday, August 28, traffic controls will be put in place to limit the number of shoppers inside the warehouse to 2,000 people,” Delish said, quoting a local police statement. China trade war. Costco Wholesale Corp.

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Apple Asks Suppliers For Less iPhone Parts

PYMNTS

percent on the news and, overall, stock indexes declined with the Apple news coupled, with fears of a trade war just before the G7 summit in Canada, Reuters reported. Additionally, demand for the iPhone X might have soured due to its price tag: It retails for around $1,000. Shares of Apple fell by 1.5

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How Clothing Stores Are Driving Retail Innovation

PYMNTS

In some cases, retailers are dedicating small spaces to brands inside their brick-and-mortar stores. Following the news, Kroger shares rose by about 1 percent during premarket trading. The location is stocked with books, electronics and toys, among other items, but this bookstore is unique in that there are no price tags.

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