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DOJ charges Texas billionaire in $2 billion tax fraud scheme – Fox Business

The 39-count indictment unsealed Thursday charges Brockman, the chief executive officer of Ohio-based software company Reynolds and Reynolds Co., with tax evasi…

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SAN FRANCISCO (AP) — Federal prosecutors charged Texas billionaire Robert Brockman on Thursday with a $2 billion tax fraud scheme in what they say is the largest such case against an American.
Department of Justice officials said at a news conference that Brockman, 79, hid capital gains income over 20 years through a web of offshore entities in Bermuda and Nevis and secret bank accounts in Bermuda and Switzerland. Prosecutors announced that the CEO of a private equity firm that aided in the sch…

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Dow Jones Futures: Stock Market Rally Struggles As Coronavirus Cases Soar; Dexcom, Twilio Key Movers Late – Investor’s Business Daily

Dow Jones futures: The stock market rally sold off as coronavirus cases soar, raising the stakes for earnings reports. Dexcom was a surprise big mover late.

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Dow Jones futures edged higher late Monday, along with S&P 500 futures and Nasdaq futures. The stock market rally suffered heavy losses, amid soaring coronavirus cases and a big tech warning. The major indexes broke key support, at least intraday, and leading stocks suffered significant chart damage, but rallied somewhat into the news on stimulus deal news.
XTwilio (TWLO), Chegg (CHGG) and NXP Semiconductors (NXPI) reported earnings after the close. Dexcom (DXCM) reported revenue a day early, along…

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1,000 positions at Charles Schwab and TD Ameritrade being eliminated – KETV Omaha

These reductions are part of efforts to reduce overlapping or redundant roles across the two firms, officials said.

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Approximately 1,000 positions at Charles Schwab and TD Ameritrade are being eliminated, Charles Schwab officials said Monday.
“We have begun notifying individuals that their roles have been eliminated and they will be leaving the firm. This will result in a reduction of approximately 1,000 positions or about 3% of the combined workforce of Charles Schwab and TD Ameritrade,” Schwab Executive Council wrote in a statement.
Officials said that, after this week, no additional company-wide reductions…

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Rubio’s Files for Bankruptcy; Restaurants Remain Open – NBC San Diego

The fast-casual Mexican restaurant chain Rubio’s Restaurants, which is based in Carlsbad, filed a petition for bankruptcy on Monday in Delaware.

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The fast-casual Mexican-food chain Rubio’s Restaurants, which is based in Carlsbad, filed a petition for bankruptcy on Monday in Delaware.
Rubio’s confirmed the filing in a statement released on Monday:
“Rubios Restaurants announced today that it has reached agreement on a comprehensive financial restructuring with its sponsor, Mill Road Capital, and its lenders, funds managed by Golub Capital, to recapitalize the company. To implement the restructuring, the company filed a prepackaged plan with…

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1,000 positions at Charles Schwab and TD Ameritrade being eliminated – KETV Omaha
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Rubio’s Files for Bankruptcy; Restaurants Remain Open – NBC San Diego
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