Unemployment scammers steal ‘hundreds of millions’ in Washington

Unemployment scammers steal 'hundreds of millions' in Washington

Scammers posing as out-of-work residents have bilked Washington State out of “hundreds of millions of dollars” in unemployment benefits, a top official said. The fraudsters submitted bogus unemployment claims under the names of tens of thousands of people whose personal information had been stolen, said Suzi LeVine, commissioner of the state’s Employment Security Department. “I … Read more

Japan eyes extradition of Americans linked to Carlos Ghosn case

Japan eyes extradition of Americans linked to Carlos Ghosn case

Japanese officials want to extradite two Americans accused of helping ex-Nissan CEO Carlos Ghosn make his dramatic escape from Tokyo. Japan is getting ready to formally request the extradition of ex-Green Beret Michael Taylor, 59, and his son, Peter Taylor, according to reports. US authorities arrested the pair at Japan’s request Wednesday. “We are making … Read more

US orders 300M doses of AstraZeneca’s coronavirus vaccine

US orders 300M doses of AstraZeneca's coronavirus vaccine

The feds have ordered 300 million doses of a potential coronavirus vaccine from British drugmaker AstraZeneca, officials said Thursday. The company will get up to $1.2 billion from the US Department of Health and Human Services to speed the development and production of the vaccine with the goal of delivering the first doses as early … Read more

2.4 million more US workers file unemployment

2.4 million more US workers file unemployment

Another 2.4 million Americans applied for unemployment benefits last week as the number of workers sidelined by the coronavirus crisis topped 38 million, new federal data show. That indicates almost a quarter of the US workforce has tried to join the nation’s unemployment rolls in the past nine weeks as the pandemic kneecapped the global … Read more

Woman with Elon Musk’s old number gets texts meant for him

Woman with Elon Musk's old number gets texts meant for him

A 25-year-old skin care consultant gets several text messages and calls each day meant for Tesla CEO Elon Musk, all because AT&T assigned her the billionaire’s old phone number. Lyndsay Tucker, who works at a Sephora in San Jose, Calif., was unwittingly given Musk’s old digits as a college student. Suddenly, she began receiving a … Read more

Millions miss credit card, car payments amid coronavirus crisis

Millions miss credit card, car payments amid coronavirus crisis

Millions of Americans are missing payments on credit cards and car loans as the coronavirus pandemic squeezes consumers’ wallets, data shows. Nearly 15 million credit cards, or about 3.2 percent of the nation’s accounts, were in “financial hardship” status in April, according to figures from credit-reporting company TransUnion. That means the accounts were frozen, in … Read more

Macy’s warns coronavirus lockdowns could spur $1B loss

Macy's warns coronavirus lockdowns could spur $1B loss

Macy’s said on Thursday it could rack up operating losses of up to $1.11 billion in the first quarter, as the department store operator was forced to shut stores due to lockdowns aimed at curbing the spread of the new coronavirus. The health crisis has forced brick-and-mortar retailers to tap credit lines, lay off employees … Read more

Amazon pushes back ‘Prime Day’ sales event to September

Amazon pushes back 'Prime Day' sales event to September

Amazon is scheduling its annual Prime Day shopping event for September and allowing unlimited shipments of non-essential goods to warehouses, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The latter move will allow the company to lay the groundwork for shipments of a wider variety of products, indicating it is … Read more