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Macy updates status of employee that hid $151M over 3 years

The Barron's Roundtable panel provides insight into investments in Macy's, Nordstrom, and Gilead Sciences. Macy's has provided an update on a former employee responsible for concealing approximately $151 million in cumulative shipping costs over the past three years. On Wednesday, Macy's CEO Tony Spring said the company had concluded its investigation and that “the person […]

Rogue employee at Macy’s ‘hid’ up to $154M in expenses

Macy's announced that a fraudulent employee intentionally hid up to $154 million in expenses over the past several years, forcing the department store giant to postpone its quarterly earnings report. The company said the employee engaged in “intentional misaccounting” over a period of years, from the fourth quarter of 2021 through the most recent quarter […]

Macy’s delays quarterly report, claims employee hid $154 million in expenses

FOX Business' Lauren Simonetti breaks down New York City's “Cavuto: Coast to Coast.” Macy's said it will not release its full third-quarter earnings report as scheduled this week after it was discovered that employees “intentionally” concealed up to $154 million in expenses. . The company had been scheduled to release a report on Tuesday morning, […]

Alleged Trump Assassin Hid in Sniper’s Nest for 12 Hours

The suspect in the attempted assassination of former President Donald Trump reportedly set up a sniper's nest at the scene and hid in it for about 12 hours before being discovered early Sunday afternoon. Federal prosecutor said The suspect was identified Monday as Ryan Wesley Routh, 58, and had been hiding out there about 12 […]

WaPo Admits Biden’s ‘Inner Circle’ Hid His Mental Decline

It’s a shocking admission, but the left The Washington Post The editorial board acknowledged that aides to President Joe Biden had covered up his mental decline, an allegation that was strongly denied by his team throughout Biden’s presidency, particularly Vice President Kamala Harris. Tuesday editorial The paper’s editorial board discussed the octogenarian Democratic leader’s withdrawal […]