Money

Federal court rejects Nasdaq's diversity rules

A federal appeals court issued a ruling that struck down Nasdaq's diversity rules for companies listed on the exchange that had been approved by the Securities and Exchange Commission.

Macy's gives update on employee who hid $151M

Macy's CEO Tony Spring provided a fresh update on the rogue employee who hid $151 million in delivery expenses since 2021 and disclosed the individual is no longer with the company.