Trump Administration Honing In On Major Reform For Scammy Government Contracting Sector
President Donald Trump is taking sledgehammers to one of the federal consulting, one of Washington’s most bloated industries. For decades, politically connected consulting companies have siphoned billions of dollars from taxpayers on vague deliverables and padded labor costs. But now, under Trump’s guidance, this may finally be coming to an end. The company that once […]
AppLovin Stock Tumbles After Short-Seller Report Alleging ‘Scammy’ Practices – Investopedia
Key takeout Applovin shares fell sharply on Thursday, with short-seller Muddy Waters claiming that the Adtech company was engaged in “con artists” practices. The report comes weeks after other short sellers, such as Fazy Panda and Calper Research, denounced the company for fraudulent and deceptive practices. Thursday's losses brought stocks that year into negative territory. […]