Category : Corporate


Les Wexner: Epstein Stole Millions, I Was Deceived

Victoria's Secret founder Les Wexner testified before Congress that Jeffrey Epstein stole vast sums from his family while managing finances, but denied any knowledge of Epstein's criminal activities.

Goldman Sachs Drops DEI Criteria for Board Evaluations

Goldman Sachs will eliminate race, gender, and LGBTQ+ considerations from board candidate evaluations following pressure from an activist shareholder group, reflecting a broader corporate retreat from DEI initiatives.

Warner Bros Reopens Paramount Talks in Bidding War

Warner Bros Discovery has resumed takeover discussions with Paramount Skydance, escalating the battle with Netflix for the Hollywood studio. Paramount's revised $31 per share offer could value WBD above $108.4 billion.

Santos Greenwashing Court Case Dismissed

A landmark court case accusing Santos of greenwashing has been dismissed, with the judge ruling the company's climate claims were not misleading under current law.

KPMG Partner Fined for AI Cheating in AI Training

A KPMG partner in Australia has been fined A$10,000 for using artificial intelligence to cheat during an internal AI training course. Over two dozen staff have been caught using AI tools to cheat on exams since July, raising concerns about AI-fuelled chea

Ex-Carillion CEO Fined £237,700 for Reckless Conduct

Former Carillion chief executive Richard Howson has been fined £237,700 by the Financial Conduct Authority for misleading market statements ahead of the company's 2018 collapse, which caused widespread job losses and project chaos.

Clarkson Sued Over Pub Car Park Injury

A 68-year-old woman suffered broken ribs and hand surgery after tripping on metal covers at Jeremy Clarkson's Farmer's Dog pub, leading to a legal claim for compensation.

KPMG Partner Fined for AI Cheating on Training

A KPMG Australia audit partner has been fined $10,000 for uploading training materials to an AI platform to cheat on an internal exam, highlighting widespread AI cheating issues across Big Four firms.

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