Vera Bradley Slashes Corporate Jobs, ‘Rightsizes’ Expenses, Bids Farewell to CFO
Vera Bradley Inc., a leading American handbag and luggage design company, announced a major reorganization to cut costs and streamline operations. The company’s primary objectives are to reduce costs by an additional $12 million and replace Chief Financial Officer Michael Schwindle. To achieve these goals, the company plans to cut around 25 corporate positions to […]
Coinbase Faces $470k Blow in Insider Trading Lawsuit: The Crypto Controversy Unraveling
Coinbase, one of the largest and most well-known cryptocurrency exchanges, continues to face legal challenges and offshoots of an insider trading lawsuit related to the 2017 Bitcoin Cash (BCH) hard fork, which created a separate and competing form of the digital currency, initially valued at $500 per BCH. In the aftermath, Coinbase allegedly spent $470,000 […]