Wells Fargo Announces 460 Job Cuts in Bethlehem Wells Fargo & Co (NYSE:WFC) is continuing to shed more jobs this year. This time, another of its call centers has been hit with fresh job cuts.
The Treasury Department Has Several High-Ranking Vacancies Of the 18 positions that require Senate confirmation in the Treasury Department, only nine have been filled so far, and only three nominees have been advanced by the Trump administration.
Investor Confidence Shaken as America Faces Constant Cyber Attacks American investors are just finding out that they were left disadvantaged last year while criminals traded on corporate information before it was made public. The Securities and Exchange Commission (SEC) recently revealed that its internal database of corporate filings was hacked last year.
Standard & Poor’s (S&P) followed through on its threat to cut the state of Pennsylvania’s credit rating. The credit rating agency lowered its rating on Pennsylvania’s debt. With this downgrade, Pennsylvania has slid to the bottom five states rated by S&P.
State Governments Found to Be $645 Billion Short for Healthcare Liabilities U.S. state governments will owe more money in retiree health benefits than previously believed. A recent change in accounting guidelines has uncovered that U.S. states may be short by a whopping $645.0 billion for their future healthcare-related liabilities.
Hundreds of Jobs Cut in St. Louis, Missouri After Two Big Brokerages Merge Omaha, Nebraska-based brokerage giant TD Ameritrade Holding Corp. has just completed its acquisition of St. Louis-based discount brokerage company Scottrade, Inc. As a result of the consolidation, up to 1,000 Scottrade employees will lose their jobs.
Small- and medium-sized businesses (SMBs) are the backbone of the U.S. economy, but those businesses are being cobbled by administrative tasks. A new report by Sage Group plc shows that manual processes costs U.S businesses 4.9% of its time, or $335.3 billion in lost productivity each year.
The Sloppy Choice of Admin Credentials Means That More Equifax Hacks May Be on the Way Dozens of accounts on Equifax Inc.‘s (NYSE:EFX) network were reportedly protected by a generic login and password combination, using “admin” for both.
The State Finds Its Coffers Running Dry, Unable to Support Government Programs The governor of Pennsylvania, Tom Wolf, is delaying more than $1.7 billion in Medicaid and public pension payments that were set to come in on Friday and Monday, as the state struggles with finances and the government’s main account has emptied.
The cybercriminals that breached Equifax Inc. (NYSE:EFX) and stole the names, social security numbers, birth dates, addresses, and driver’s licence numbers of an estimated 143 million Americans may have also quietly gotten hold of their credit card numbers, too.