Charges news and trends

Macy’s Takes $3.1B Charge As Pandemic Dampens Outlook
Retail // July 01, 2020

Macy’s Inc. recognized a $3.1 billion non-cash goodwill charge before tax, as the retailer’s long-haul forecast and market capitalization shifted, mainly due to the coronavirus health crisis. The department store retailer also recognized an $80 million long-lived asset impairment charge, according to a first-quarter financial...

DOJ Indicts Four Chinese Army Spies For Equifax Hack
Security & Fraud // February 10, 2020

Federal prosecutors charged four Chinese intelligence officers on Monday (Feb. 10) with the 2017 cyberattack on credit reporting giant Equifax, which was one of the largest data breaches in history, according to The Wall Street Journal. Get the Full Story Complete the form to unlock...

College Admissions Scandal Now Alleges Money Laundering
Legal // April 10, 2019

Federal prosecutors have hit actress Lori Loughlin, her husband, Mossimo Giannulli, and 14 other parents with additional charges related to the college admissions bribery case. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Former Malaysian PM’s PR Rep Charged In 1MDB Case
Legal // February 21, 2019

The British public relations representative for Najib Razak, Malaysia’s former prime minister, has been charged in absentia in the 1Malaysia Development Berhad (1MDB) scandal, according to a report from Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Quick Reads
California Bans Junk Fees, Anticipating Federal Efforts

October 09, 2023
California will ban junk fees beginning July 1, after the state’s governor signed a bill into law on Saturday (Oct. 7).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing […]

Macy’s Takes $3.1B Charge As Pandemic Dampens Outlook

July 01, 2020
Macy’s Inc. recognized a $3.1 billion non-cash goodwill charge before tax, as the retailer’s long-haul forecast and market capitalization shifted, mainly due to the coronavirus health crisis. The department store...

DOJ Indicts Four Chinese Army Spies For Equifax Hack

February 10, 2020
Federal prosecutors charged four Chinese intelligence officers on Monday (Feb. 10) with the 2017 cyberattack on credit reporting giant Equifax, which was one of the largest data breaches in history,...

College Admissions Scandal Now Alleges Money Laundering

April 10, 2019
Federal prosecutors have hit actress Lori Loughlin, her husband, Mossimo Giannulli, and 14 other parents with additional charges related to the college admissions bribery case. Get the Full Story Complete...