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EY Says Wirecard Gave False Statements During 2019 Audit

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The company was involved in deliberate deceit and had given false statements on escrow while EY was carrying out the 2019 audit of the company, which EY took to the relevant authorities, Reuters reported. The matter concerns the $2.1 billion, which was roughly around a quarter of the company’s books and which no one could prove existed.

Fraud 256
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Western Union: Emerging Market GDP, Innovation Depend On Remittances

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They have provided critical support for those developing markets during the pandemic and will continue their importance after the pandemic is in the rearview mirror, a report by Oxford Economics , commissioned by Western Union , has found. increase in final gross domestic product (GDP) in the recipient country.

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Purple Carrot Single-Serve Meals Come To Whole Foods Market

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To provide single-serve frozen products in retail stores, Purple Carrot has rolled out its completely plant-based meals at most Whole Food Market locations throughout the nation in the frozen food section. percent in 2019, per PBFA and The Good Food Institute numbers. percent in year-over-year sales growth.

Marketing 141
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Kohl's Launches New Rewards Program Nationally

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Kohl’s has rolled out its new Kohl’s Rewards loyalty program throughout the country after a successful pilot in multiple markets, according to a Tuesday (Sept. Kohl’s said it has been testing Kohl’s Rewards in 13 markets and the initiative has garnered a “strong customer response.” 8) announcement.

National 136
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Global IT Spending To Hit $4T In 2019

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Worldwide spending on information technology is expected to reach about $4 trillion in 2019, according to a report by CNBC. Those numbers come from global research and advisory firm Gartner, which also predicts that companies will spend $125 billion on cybersecurity alone in 2019. Logistics and shipping brought to their knees.

National 154
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2019: Big Payment, Commerce And Tech IPOs Loom On The Horizon

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A robust supply of private capital reportedly is one of the main reasons for that, along with corporate cultures that are averse to public markets. But relatively high stock prices and access to more capital remain prime temptations, and there is little doubt that 2019 will bring more than few exciting — and telling — IPOs.

Payments 223
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Dun & Bradstreet On Corporate Instability In 2019

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A strong national economy and plans to expand and welcome rising revenues allowed business owners and executives to retain a positive outlook, despite potentially disruptive issues like a global trade war. A look into 2019 does show some signs for concern, however, according to a recent report from Dun & Bradstreet. percent, 4.8

Industry 148