Business Timeline

Verizon And Sprint May Have To Refund Customers $120 Million

Verizon Billing System Cheated Customers

Verizon and Sprint are accused of illegally billing their customers more than $100 million in unauthorized third-party charges. According to the Consumer Financial Protection Bureau (CFPB), Verizon and Sprint consumers that clicked on free digital content, like daily horoscopes or ring tones, were charged without the customer knowing they were being charged and without their… Read more »

Banks Fined In Forex Scandal, Is $5.7 Billion Too Little?

Banks Fined In Forex Scandal

A recent Forex scandal has rocked high-finance and left five banks with hefty criminal fines. JPMorgan, Barclays, Citigroup, and RBS, have pleaded guilty conspiring to manipulate foreign exchange (Forex) rates while a fifth bank, UBS AG, pleaded guilty to a different related charge. In total, the banks were fined roughly $5.7 billion in the U.S…. Read more »

It’s Not My Bill, Woman Sues Debt Collector Wins $83 Million

Woman wins $83 in debt collector lawsuit

A Missouri woman won $83 million in a lawsuit against a debt collector who tried to sue her for a credit card bill that wasn’t hers. Portfolio Recovery Associates, LLC, acted maliciously when it tried to squeeze $1,000 from Maria Guadalupe Mejia when the debt actually belonged to a man in another state with a… Read more »

Where To Put Your Money When Oil Stocks Surge

best oil stocks

No one knows when the oil crash will officially turn around, but there’s hints it might be over with the rally in oils stocks lately. Oil is up almost 50 percent from it’s January lows, and energy investors are sounding off about which stocks they’ll want their money when the rise of oil is certain…. Read more »

Why The CEO Of Zenefits Had A ‘Tantrum’ And Told A Qualified Applicant To Work For Google Or Uber Instead

Parker Conrad

One of the biggest new start-up companies is Zenefits, a business that provides cloud-based software to companies managing human resources and healthcare coverage. But despite Zenefits’ recent success, the company’s CEO Parker Conrad was recently seen encouraging a potential employee to work for either Uber or Google, instead of Zenefits. According to Business Insider, a… Read more »

Upwork: Elance/Odesk Rebrand Favors Freelancers Online And Available To Chat

[Photo: Upwork]

Upwork. It’s the new name in the online freelance job marketplace. It’s been over a year since freelance marketplace major players Elance and oDesk announced to Small Business Trends and other news outlets that they were combining to form one superpower platform. But while the merger occurred behind the scenes, the two brands have continued… Read more »