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Report: Casino Hacks Likely Caused by Malware-Driven Theft of Employee Credentials
Report: Casino Hacks Likely Caused by Malware-Driven Theft of Employee Credentials
September 15, 2023  |  Cybersecurity

The recent cyberattacks on Caesars Entertainment and on MGM Resorts reportedly may have been launched with stolen login credentials. A cybersecurity company based in London, DynaRisk, discovered that the login credentials of...

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Citigroup Layoffs Focus on Support, Technology Staff
Citigroup Layoffs Focus on Support, Technology Staff
September 15, 2023  |  Banking

Citigroup has reportedly begun the layoff process after announcing a management overhaul on Wednesday (Sept. 13). Support staff in compliance and risk management at the bank...

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Goldman Sachs Creates Unit for Wealthy Clients to Invest in Sports Teams
Goldman Sachs Creates Unit for Wealthy Clients to Invest in Sports Teams
September 15, 2023  |  Banking

Goldman Sachs has reportedly created a “sports franchise” unit within its investment banking division. The new unit aims to provide wealthy clients with the opportunity...

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Instacart Increases IPO Price Range and Targets up to $9.9 Billion Valuation
Instacart Increases IPO Price Range and Targets up to $9.9 Billion Valuation
September 15, 2023  |  IPO

Instacart is reportedly looking to raise $660 million in its upcoming initial public offering (IPO). The grocery-delivery company decided to increase the price range for...

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Chase Payment Solutions Partners With Gusto to Add Payroll
Chase Payment Solutions Partners With Gusto to Add Payroll
September 15, 2023  |  Payroll

Chase Payment Solutions will be offering payroll solutions to its business payments customers via a new partnership with payroll and HR software company Gusto. By combining payments,...

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Family Dollar to Add Redesigned Wallet and Intelligent Search to App
Family Dollar to Add Redesigned Wallet and Intelligent Search to App
September 15, 2023  |  Retail

Family Dollar is set to launch a new mobile app in October that aims to enhance the shopping experience for its customers. The app will...

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Retailers Grapple With Increased Shoplifting-Related Violence
Retailers Grapple With Increased Shoplifting-Related Violence
September 15, 2023  |  Retail

Retailers are contending with a growing amount of violence along with the existing challenge of shoplifting. In two recent incidents, employees at retail stores were...

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IRS Boosts Safeguards on Tax Credit to Prevent PPP-Like Fraud
IRS Boosts Safeguards on Tax Credit to Prevent PPP-Like Fraud
September 14, 2023  |  Regulation

The Internal Revenue Service (IRS) has placed a moratorium on processing new claims for the Employee Retention Credit (ERC), a pandemic-era relief program, aiming to prevent a recurrence of...

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Report: Disney+ Faces Subscriber Shortfall After Price Hikes
Report: Disney+ Faces Subscriber Shortfall After Price Hikes
September 14, 2023  |  Subscriptions

Walt Disney Co.‘s streaming service, Disney+, has reportedly encountered obstacles in meeting its subscriber targets, according to sources familiar with the matter. The company’s goal...

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