- SPLSAssociated Press•8 hours agoCouple charged in connection with scheme to defraud Staples
A couple from Georgia is facing charges in connection with a scheme to defraud Framingham, Massachusetts-based Staples, Inc. of more than $1.4 million. Massachusetts U.S. Attorney Carmen Ortiz says 46-year-old John Douglas is charged with conspiracy to commit wire fraud and mail fraud. Investigators say Douglas and a co-conspirator created more than 1,100 Staples rewards accounts, often using fictitious information.
- BusinessMarketWatch•16 hours agoHow a gold miner turned a $1 million investment into $3 billion
When Rob McEwen bought the Red Lake Mine back in 1989, he was told that the half-a-century-old Ontario gold source was near the end of its life. Instead, he turned it into one of world’s top-producing mines. Moves like that have helped McEwen, now chairman and CEO of McEwen Mining Inc., achieve legendary status in his field. Some consider him an unconventional thinker who used a crowdsourcing contest to unlock Red Lake’s riches over a decade ago; hes also helped McEwen Mining MUX, -3.17% avoid delisting late last year ahead of a booming 2016 share-price rally. Today McEwen has his sights on another accomplishment: getting the company that bears his name into the S&P 500 index SPX, +0.80% where
- financeJesse Felder, Yahoo Finance Contributor•12 hours agoWhy there's no such thing as 'passive investing'
As Ben Graham defined it in his magnum opus, “Security Analysis,” “An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. Because passive strategies entail zero analysis of either of these qualifications they are, by definition, speculative
