EBay to Pay $3 Million Penalty for Employees Sending Live Cockroaches, Fetal Pig to Bloggers

EBay to Pay $3 Million Penalty for Employees Sending Live Cockroaches, Fetal Pig to Bloggers

Updated Jan. 11, 2024 3:19 pm ET EBay agreed to pay a $3 million criminal penalty after employees engaged in a harassment campaign against two bloggers for their coverage of the company, including mailing them live cockroaches and a fetal pig.  The e-commerce giant was charged with two counts of stalking through interstate travel, two…

Feds charge eBay over employees who sent live spiders and cockroaches to couple; company to pay $3M

Feds charge eBay over employees who sent live spiders and cockroaches to couple; company to pay $3M

eBay’s headquarters in San Jose, California, U.S. Bloomberg |  Getty Images Online retailer eBay Inc. will pay a $3 million fine to resolve criminal charges over a harassment campaign waged by employees who sent live spiders, cockroaches and other disturbing items to the home of a Massachusetts couple, according to court papers filed Thursday. The Justice Department charged eBay…

Expect three rate cuts in 2024, says Michael Landsberg

Expect three rate cuts in 2024, says Michael Landsberg

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Michael Landsberg, Landsberg Bennet Private Wealth Management CIO, and Guy Lebas, Janney Montgomery Scott chief fixed income strategist, join ‘The Exchange’ to discuss potential coming rate cuts, recent CPI data, and more.

Morgan Stanley nears deal to pay as much as $300M to settle stock sales probe: report

Morgan Stanley nears deal to pay as much as $300M to settle stock sales probe: report

Morgan Stanley is close to an agreement to pay $200 million to $300 million to settle a US investigation into its employees’ handling of big stock sales, Bloomberg News reported on Thursday. The penalty, expected to be announced in the coming days, will be divided between the Justice Department and the Securities and Exchange Commission, the report said, citing people with knowledge of…

FAA investigating if Boeing failed to ensure certain aircraft were safe for operation after door blew on Alaska Airlines plane

FAA investigating if Boeing failed to ensure certain aircraft were safe for operation after door blew on Alaska Airlines plane

A plastic sheet covers an area of the fuselage of the Alaska Airlines N704AL Boeing 737 MAX 9 aircraft outside a hangar at Portland International Airport on January 8, 2024 in Portland, Oregon.  Mathieu Lewis-rolland | Getty Images The Federal Aviation Administration on Thursday said it has informed Boeing that it’s investigating whether the company…

Fed president says March ‘probably’ too early for rate cut after hot inflation report

Fed president says March ‘probably’ too early for rate cut after hot inflation report

The rocky path of inflation back to the Federal Reserve’s 2% target rate reflected in the latest Consumer Price Index figures means that it is likely too soon for the central bank to cut its policy rate in March, Cleveland Fed President Loretta Mester said on Thursday. “I think March is probably too early in my estimation for…

New England Patriots coach Bill Belichick leaving team after 6 Super Bowl rings

New England Patriots coach Bill Belichick leaving team after 6 Super Bowl rings

Bill Belichick of the New England Patriots looks on against the Indianapolis Colts of the 2015 AFC Championship Game at Gillette Stadium last Sunday. Getty Images Bill Belichick “amicably” stepped down as coach of the New England Patriots, ending a decadeslong run that produced an unprecedented six Super Bowl victories, he and the club said on Thursday. The 71-year-old,…