Two Toronto hospitals that have a financial relationship with a private company that banks blood from babies’ umbilical cords say they need to be more upfront about their affiliation after an investigation by CBC’s The Fifth Estate raised questions about their practices.
Tag: Profiting
Equifax exec charged with insider trading, profiting $1mn in ‘largest data breach in US history’
Former Equifax executive Jun Ying has been charged with insider trading by the SEC after he allegedly sold off over $ 1 million worth of shares before the company’s high-profile data breach was disclosed last year. Ying was indicted by a federal grand jury on Tuesday, after allegedly making over $ 1 million in profit […]
‘Amazon is an accomplice’: Birkenstock CEO accuses Amazon of profiting off fake goods
Birkenstock Facebook Birkenstock CEO Oliver Reichert lashed out at Amazon on Friday, saying it has failed to crack down on counterfeit goods. “The truth is that Amazon makes money with these fakes,” Reichert told the German-language Spiegel news weekly, according to the AFP. “As far [as] we’re concerned, Amazon is an accomplice.” Birkenstock said this […]
AMD is unintentionally profiting from cryptocurrency miners
A digital gold rush always has one obvious winner: the people who make the tools necessary to mine in the first place. AMD, for instance, has found itself the beneficiary of an increase in demand for its graphics cards, although it doesn’t believe that it’s a sustainable, long-term business. The company revealed as much during […]
Profiting from slavery? Owner of former Brazilian plantation cashes in on tourism (VIDEO)
Elisabeth Dolson, owner of the Santa Eufrasia former slave plantation in Brazil, runs a business giving visitors private tours around her premises. But some have a problem with that, likening her activities to the glorification of the country’s history of slavery. Santa Eufrasia was constructed around 1830 in the Coffee Valley and was purchased by […]