Paying foreign officials for expediting legal processes or obtaining contracts was a common business practice around the world well into the 1970s. In 1973, the Watergate scandal, that ultimately caused Richard Nixon’s resignation as president, brought corporate bribery into the spotlight. The Securities Exchange Commission (SEC) and the U.S. Department of Justice (DoJ) began investigating
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Like other speculative growth stocks, Skillz (NYSE:SKLZ) continues to struggle. The days of “growth at any price” have long since passed. With the Federal Reserve raising rates, SKLZ stock continues to head lower. Source: Dennis Diatel / Shutterstock.com While it’s much cheaper now (it once traded for prices more than ten times what it trades for
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It wasn’t too long ago that I was riding high on my recommendation of Lucid Group (NASDAQ:LCID). I initially wrote an article on LCID stock in September of last year. Soon after that, the stock zoomed upward ending up at 3x the price by late November. Source: T. Schneider / Shutterstock Unfortunately, all good things
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Life sciences equipment manufacturer Bionano Genomics (NASDAQ:BNGO) was a popular meme stock last year. Consequently, its management raised a massive amount of cash through equity offerings. However, it has failed to sustain investor interest, as its flagship optimal genome mapping tool Saphyr hasn’t gained much traction in the medical community. It continues to grow at
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Medicaid vs. CHIP: An Overview Medicaid and Children’s Health Insurance Program (CHIP) both play a critical role in ensuring that children in lower-income families have sufficient health care coverage. Although they are both federal programs largely implemented through the states with joint financing, the two programs differ in many respects. Key Takeaways Healthcare coverage for
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In this article MRCY Julian Elliott Photography | Stone | Getty Images Company: Mercury Systems Inc. (MRCY) Business: Mercury Systems is a technology company, engaged in the manufacture and sale of components, products, modules, and subsystems for aerospace and defense industries in the United States, Europe, and the Asia Pacific. The company’s products and solutions
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